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Electric Vehicle Battery
Electric Vehicle Battery Manufacturers Increasing Procurement from Australia
LG Energy Solution announced on June 8 that it acquired 7.5 percent of QPM, an Australian smelting company, by investing 12 billion won.
Electric Car
Volkswagen Invests $620 million in Northvolt to Secure Battery Supply
The investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen's stake stable at around 20% and foll…
Nuclear Power Plant
Wyoming to be ‘Ground Zero’ for Advanced Nuclear Plant
Wyoming will become “ground zero” as home to the first of a new generation of nuclear power plants to be developed via a diverse public-private partnership th…
Nuclear Reactor
Bill Gates’ Terrapower to Build Reactor Demo Project in Wyoming
TerraPower, PacifiCorp and Wyoming Governor Mark Gordon have teamed up to install a Natrium reactor demonstration project at a retiring coal plant in Wyoming.
Energy Investment
EU, Bill Gates form $1 billion Clean Energy Pact
The European Commission and Bill Gates joined forces in an initiative that wants to mobilize as much as $1 billion investment in clean technologies such as gree…
Oil Field
Exxon, Equinor Invest $8 Billion In Developing Oilfield Off Brazil
Norway’s Equinor and U.S. supermajor ExxonMobil have reached the final investment decision to develop the Bacalhau oilfield in Brazil’s prolific pre-salt area…
Energy Investment
Rosatom Issues “Green Bonds” for 100 billion Rubles to Finance Its Projects
The Moscow Exchange registered the exchange-traded bonds program of Atomenergoprom JSC, the company holding Rosatom’s civil assets.
Energy Transition
Greece Eyes Green Energy Shift with $21 billion in Projects
Greece’s plan for using European Union funds to combat the effects of the coronavirus pandemic will accelerate the nation’s transition from fossil fuels to a …
Power Cable
Germany, Norway Flip Switch on $2.4 billion Undersea Energy Link
The 2-billion-euro project, called Nordlink, will allow Germany to export excess electricity from its wind parks to Norway, effectively banking it in Nordic nat…
Natural Gas
Adnoc Signs 10-Year Gas Supply Agreements with Emirates Steel and Arkan
Adnoc has the potential to produce 11 billion cubic feet of natural gas and over 1 billion cf of sour gas per day
Oil Shale
High Profile Merger Creates A New $17 Billion Shale Giant
Cabot Oil & Gas Corporation and Cimarex Energy announced on Monday another merger in the U.S. shale patch in an all-stock merger of equals that would result in …
Oil Pipeline
Tanzania, Uganda Finalize Oil Pipeline Deal
Tanzania and Uganda have signed a fifth and final government agreement that will greenlight the construction of a $3.5-billion pipeline that will carry crude pu…
Energy Investment
RWE and BASF Plan $4.9 billion Wind Power Project
Chemicals giant BASF and German utility RWE on Friday announced a potential 4 billion euro offshore wind power project to cut emissions at Germany’s most energ…
Oil Refinery
Australia To Keep Viva & Ampol Refineries Operating
Australia has agreed to pay its last two oil refineries up to A$2.3 billion through 2030 to keep the struggling plants open and protect the country's fuel secur…
Oil Field
Iran to Award $1.8 Billion Gas Field Contract to Local Company
Iran’s Petropars Ltd. will be awarded a $1.78 billion contract by the National Iranian Oil Co. to develop the giant Farzad-B gas field that was previously inte…
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