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Renewable Energy
Sunly Raises 300 Mln Euros for Renewable Projects in Baltics and Poland
Estonian renewable energy producer Sunly has raised 300 million euros ($334.71 million) in debt financing to accelerate the construction of 1.3 gigawatts of sol…
Solar project
NEPI Rockcastle to Invest Eur 100 Mln in Solar Power Projects
The largest mall owner in Romania, NEPI Rockcastle, which is testing the residential segment as well, announced it plans to invest around EUR 100 million in rea…
Coal Price
Government Regulation of Coal Prices for 90 Days Introduced in Kyrgyzstan Since Sept 15
The government regulation of coal prices for 90 days will be introduced in Kyrgyzstan since September 15, the Ministry of Economy reported.The price regulation …
Oil&Gas Drilling
New Zealand to Push Through Law to Reverse Ban on Oil and Gas Exploration
A general view of the Marsden Point Oil Refinery, in Northland, New Zealand January 12, 2023. REUTERS/Lucy Craymer/File Photo Purchase Licensing RightsNew Zeala…
Service Operation Vessel
‘E-Ship 1’, a Wind-Powered Ship, Calls at Algeciras
The E-Ship 1 ship, belonging to the German company Enercon, dedicated to the manufacture and distribution of wind turbines and a leader in wind energy, has call…
Green Hydrogen
Queensland Expands Its Green Hydrogen Credentials, Sets Benchmark for Other States
A supplied undated image obtained Tuesday, October 10, 2023 shows hydrogen fuel-cell delivery trucks created by Quantron AG in Austria. Ikea is assembling a ran…
Nuclear Power Plant (NPP)
Poland Earmarks $1.2 Billion to Start First Nuclear Plan
Poland plans to earmark 4.6 billion zloty ($1.2 billion) in the 2025 budget to begin preparations for building the nation’s first nuclear power plant.Pola…
Hydropower Plant
Teesta-V Power Station Damaged by Landslide
Teesta-V image courtesy IHAOn Tuesday, a severe landslide struck the 510MW Teesta-V Power Station of the National Hydroelectric Power Corporation (NHPC) in Sikk…
SMR
TVA Approves Further Funding for Clinch River SMR
The Tennessee Valley Authority (TVA) Board of Directors has approved a further USD150 million in additional advanced funding to support the development of poten…
Solar Power Plant
EDP Leads in Hybridisation in Spain With More Than 100 MW of Wind and Solar Power Capacity
EDP is the first company to implement hybrid projects, which combine solar and wind power, in Spain, Portugal, and Poland. This feat highlights its commitment t…
Renewable Energy
California Approves Strategy to Procure 10.6GW of Clean Energy
California has greenhouse gas reduction goals set for 2045. Credit: T Schneider via Shutterstock.The California Public Utilities Commission (CPUC) has establish…
Oil&Gas Drilling
PETRONAS Achieves First Gas Production From Kasawari Field Offshore Malaysia
PETRONAS recently commenced its first gas production at the Kasawari field, located in Block SK316, approximately 200 km offshore Malaysia, at an initial flow r…
Oil & Gas Trade
Oil Tycoon Emmanuel Fritz Paret Acquires 150 Wells, 140 Million Barrels of Oil in Kentucky Reserve Deal
Haitian-American oil tycoon Emmanuel Fritz Paret, CEO of Paret Mining LLC, has acquired a 10,000-acre oil reserve in Bowling Green, Kentucky. The acquisition in…
Oil Exploration
BP Electrifies 95% of Permian Wells, Boosts Production by 100,000 Barrels Daily
bp's U.S. onshore oil and gas division, bpx energy, has emerged as a leading player in the onshore sector, delivering some of the most productive and high-v…
Norway
OMV Makes “Significant” Gas Discovery in Norwegian Sea, Estimates up to 140 Million Barrels
OMV (Norge) AS, the operator of the PL 1194 license, announced a significant gas discovery in the Norwegian Sea. The well, drilled by the Transocean Norge rig, …
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