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Mitsubishi to Acquire 20% Stake in European Energy in €700M Deal
Under the terms of the agreement, Mitsubishi HC Capital will subscribe to about 72 million new shares in European Energy and will buy approximately three millio…
Oil & Gas Trade
Petrobras Board Member Resigns From Brazilian Oil Giant
Petrobras board member Efrain Pereira da Cruz resigned from his position at Brazil’s state-controlled oil company last week, according to two people with …
Hydrogen Project
Mitsubishi HC Capital to Acquire 20% Stake in European Energy
Denmark’s European Energy and Japan’s Mitsubishi HC Capital have entered into an agreement in which Mitsubishi will acquire a 20% stake in European …
Solar Panel
Enviromena to Add Over 500MW of UK Solar Capacity by 2025
Enviromena’s Three Maids Hill solar farm in Winchester. Image: Enviromena.Enviromena has announced its intention to submit plans for 400MW of UK solar pro…
Photovoltaic (PV)
Statkraft Plans to Build 492 MW Photovoltaic Plant in Spain
Statkraft has submitted plans to build a 492 MW solar photovoltaic complex in Extremadura.The company made the announcement on Wednesday as it inaugurated its 5…
Oil&Gas Drilling
Three Norwegian Oil and Gas Field Permits Invalidated on Environmental Grounds
A general view of the Equinor's Johan Sverdrup oilfield platforms in the North Sea, Norway December 3, 2019. REUTERS/Ints Kalnins/File Photo Acquire Licensi…
Nuclear Power Plant (NPP)
UEC to Restart Wyoming Uranium Operation
First uranium production at Christensen Ranch is expected in August after Uranium Energy Corp's (UEC) board of directors approved restarting the fully permi…
Geothermal Power Plant
Majority Stake Offered for Geothermal Development in Babina Greda, Croatia
First drawings of proposed geothermal project in Vukovar-Srijem, Croatia (source: Geotermalni izvori)A public tender has been announced for 89.92% stake in geot…
LNG
Bangladesh's Summit to Supply 1.5 Mln T Lng to Petrobangla From Oct 2026
Bangladesh's Summit Group has signed a preliminary pact to supply 1.5 million metric tons of liquefied natural gas (LNG) per year to state-run Petrobangla f…
Carbon Emissions
EU Drafts Plan to Zero Out Industry's Carbon Footprint by 2050
The 3D Project (DMX Demonstration in Dunkirk), piloting a new form of carbon capture and utilisation or storage (CCU/S) technology on an industrial scale, is se…
Electric Vehicles
Sweden's Northvolt Commits to Invest in EV Battery Plant in Germany
General view outside the Northvolt facility in Vasteras, Sweden, September 29, 2021. Picture taken September 29, 2021. REUTERS/Helena Soderpalm/File Photo Acqui…
Carbon Capture
MHI and KEPCO Agree to Install a CO2 Capture Pilot Plant at Himeji No.2 Power Station
Mitsubishi Heavy Industries, Ltd. (MHI) agreed today with The Kansai Electric Power Co., Inc. (KEPCO) to install a CO2 capture pilot plant at Himeji No.2 power …
Offshore Wind Power
Chinese Companies to Supply XXL Monopiles for 1.1 GW Scottish Offshore Wind Farm
Inch Cape Offshore Wind Limited (ICOL) has signed capacity reservation agreements with Chinese manufacturers Dajin Offshore Heavy Industry (Dajin Offshore) and …
Offshore Wind Power
OX2 and Ingka Investments Apply for Permit to Construct the Offshore Wind Energy Hub Neptunus
OX2 and Ingka Investments, the investment arm of Ingka Group – the biggest IKEA retailer – have submitted a permit application under the act of Swed…
Carbon Emissions
UK's Drax Power Plant Gets Approval for Carbon Capture Plan
Drax power station is pictured during the sunset in Drax, North Yorkshire, Britain, November 27, 2020. REUTERS/Lee Smith/File Photo Acquire Licensing RightsBrit…
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