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SINOPEC
China's Sinopec Raises 2021 Capital Expenditure by 23.8%
Sinopec expects to spend 66.8 billion yuan on upstream exploration focusing on shale gas development in southwest China and construction of liquefied natural ga…
Crude Oil
Start of Trading in Abu Dhabi's Murban Futures a 'New Era' for Global Oil Markets
onday start for contracts for future delivery of UAE's flagship crude listed on international commodities exchange at ADGM
United States
Apple to Generate 1.2GW from 2020 Green Bond Projects
American multinational technology company Apple has announced that it will generate 1.2GW of renewable energy capacity from the green bonds the firm issued in 2…
Liquid Hydrogen
Saga Pure Invests $3.5m in Liquid Hydrogen Storage Technology Company
Saga Pure is to take a 33% stake in IC Technologies, a company developing a novel storage solution for liquid hydrogen and liquified natural gas.
Energy Investment
UK Funds 254MW Clean Energy Projects in South Africa
UK Government’s International Climate Finance programme, UK Climate Investments, has financed a total of 254MW of clean energy projects in South Africa.
RWE Secures BBB+ Fitch Rating
Agency acknowledged German energy company’s focus on expanding renewables capacity
Noble Corp. to Combine with Pacific Drilling
Offshore drilling contractors Noble Corporation and Pacific Drilling have entered into a definitive merger agreement under which Noble will acquire Pacific Dril…
Wind Farm
RWE Makes Investment Decision on Sofia Offshore Wind Farm, UK
RWE has made a financial investment decision on its largest offshore project, the 1.4GW Sofia Offshore Wind Farm, in the UK.
Energy Investment
Air Liquide to Invest €8bn in the Low-Carbon Hydrogen Supply Chain
Air Liquide is accelerating its hydrogen developments to at least triple its turnover to more the €6bn by 2035, the industrial gas giant has confirmed.
Energy Storage Battery
VEST Energy Announces Battery Trading Agreement with IBNE
Cleantech trading house VEST Energy has signed a long term battery trading and offtake arrangement with Infra Balance New Energy.
United Kingdom
Scottish Renewables Calls for Storage 'Price Floor'
Vital electricity storage capacity needed to help the UK meet its net-zero target should be supported by an innovative funding mechanism, new research from Scot…
Rosatom
Russia’s State Run Nuclear Energy Firm Buys 49% Stake in Korean Lithium-ion Battery Maker
A subsidiary of Russian state-controlled nuclear energy firm Rosatom has taken a 49% share of Enertech International, a South Korean manufacturer of electrodes,…
Energy Investment
Scatec to Invest $11.6bn in Renewables for 15GW Capacity Target
Renewable energy company Scatec has announced an investment of $11.6bn to increase its renewable energy generation capacity by 2025.
Solar Power Plant
Downing Acquires 96MWp UK Solar PV Seed Assets Portfolio
Downing Renewables & Infrastructure Trust has acquired a 96MWp portfolio of UK solar PV assets for £42 million.
RCEP
China Takes Lead in Ratifying RCEP Deal
China has taken the lead in ratifying the Regional Comprehensive Economic Partnership agreement, the Ministry of Commerce said on Monday.
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