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Oil Field
Iran Needs $11 Billion To Develop Oil Fields Along The Iraqi Border
Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported, citing the new head of the National Iranian…
Rosatom
The Days of Chinese Culture at JSC “AEM-Technology”
In honor of the Day of the People's Republic of China, all the Branches of JSC “AEM-Technology” arranged the Days of Chinese Culture with attendance of the re…
Oil & Gas Trade
Middle East Oil Exporters To See Fast Economic Growth In 2022
The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected,…
China
Vestas to Combine Its China and Asia-Pacific Business Regions
The turbine manufacturer aims to allocate its resources most efficiently by combining the two business regions.
Energy Investment
BayWa r.e Acquires Scottish Wind Project on Restored Coal Mine
BayWa r.e. has completed the acquisition of the project rights for Broken Cross Wind Farm in South Lanarkshire, Scotland.
Shell’s Wetselaar Heads to Top Spot at Cepsa
Shell has reshuffled its exploration team as Maarten Wetselaar leaves the company to take the top spot at Cepsa.
Natural Gas
Two more UK Energy Firms go Bust as Prices Soar
Two more UK energy firms have ceased trading amid soaring wholesale energy prices.
Oil Field
Occidental Sells Stakes in Two Ghana fields for $750 million
Houston-based Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corporatio…
Chile
Sonnedix Awarded 39% of Total Energy Supply in Chile
Sonnedix, the global solar independent power producer has been awarded 903 GWh/yr, equivalent to 39% of the National and International Public Tender for the Sup…
Hydrogen Project
SK E&S and Plug Power Form Joint Venture
SK E&S and Plug Power have signed a joint venture contract for joint business in the Asian hydrogen market. Their stakes in the joint venture are 51 percent and…
Energy Investment
CTG Keen to Invest in Wind and Solar Energy Sectors of Pakistan
China Three Gorges Group called on Pakistani ambassador to China on Friday and showed keen interest in investing in Pakistan's wind and solar energy sectors.
EU
EU Countries Grapple with Response to Energy Price Spike
EU leaders will discuss record natural gas prices on Tuesday evening and the 27 member states’ environment ministers will debate their response on Wednesday.
Energy Crunch: Three more UK Power Firms Collapse
Record prices for natural gas have pushed three more United Kingdom energy firms out of business.
Turkey
Turkey's Energy Import Bill up 104% in August 2021
Turkey's energy import bill increased by 104% to $4.36 billion in August this year compared to the same month last year.
Energy Investment
US Smart Electric Grid Projects Receive $11m Boost
The modernisation of the grid will enable the integration of a diverse supply of renewable energy sources and help customers reduce their energy consumption, co…
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