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Renewable Energy
Shell to Invest $15B in Hydrogen and Green Energy by 2025
Shell’s Ambitious Green Energy Investment StrategyShell has announced plans to invest between $10 and $15 billion from 2023 to 2025 to develop low-carbon …
Hydrogen Production
The Hydrogen Stream: Brazil Signs Hydrogen Support Scheme
Brazil's President Luiz Inácio Lula da Silva signed into law Bill 2308/2023, which creates the legal framework for low-carbon hydrogen, including a s…
Electricity Transmission
US to Invest $2.2 Billion to Overhaul National Power Grid
Downtown Los Angeles is seen behind an electricity pylon through the morning marine layer in Los Angeles, California, U.S., August 20, 2019. REUTERS/Lucy Nichol…
Oil & Gas Trade
This Year, Gas Production in Ukraine May Increase by 100-200 Million Cubic Meters.
Gross gas production in Ukraine in the first half of the year amounted to 9.4 billion cubic meters, and could grow by 100% by the end of the year. This would be…
LNG
Exxonmobil, Qatarenergy Delay $10 Billion Golden Pass LNG Following Zachry Bankruptcy
Exxon Mobil Corp. and QatarEnergy delayed the start of a $10 billion natural gas export project in Texas to the end of next year after lead contractor Zachry Ho…
Solar Power Plant
FRV Closes Refinancing Deal for 1-GW Aussie Solar Portfolio
Global renewables developer Fotowatio Renewable Ventures (FRV) has achieved financial closing on an AUD-1.2 billion (USD 784m/EUR 723.1m) refinancing facility s…
Green Hydrogen
Spain Offers Eur 1.2bn in State Aid for Green H2 Valley Development
The Spanish ministry for the ecological transition on Tuesday released the rules and criteria for its next green hydrogen subsidy programme, which, with a budge…
Oil & Gas Trade
Canada’s TC Energy to Sell Gas Pipeline Stake to Indigenous Communities for $722 Million
Pipeline operator TC Energy (TRP.TO), opens new tab said on Tuesday it will sell a minority stake in its Canadian natural gas pipeline system to Indigenous comm…
LNG
Freeport LNG Returns to Full Production
Freeport LNG was on track to return to full production on Sunday, pulling over 2 billion cubic feet (bcf) of natural gas, LSEG data showed.Freeport is the Unite…
Renewable Energy
Spain Greenlights Almost 300 Renewable Power Projects With $18-Billion Investment
The Spanish government has authorised the construction of almost 300 renewable power projects with a total capacity of more than 28 gigawatts, which will help t…
Oil & Gas Trade
Iran’s Non-oil Exports Rise Over $1.3 BN in 4 Months: Spox
The spokesman of Iran House of Industry, Mine and Trade said that the country’s export of non-oil commodities increased $1.350 billion in the first four m…
Oil & Gas Trade
Mexico’s Pemex Swings to $14 Bln Quarterly Loss on Lower Sales, Currency Losses
Mexico's state-owned oil company Pemex swung to a 256 billion peso ($14 billion) second-quarter net loss on Friday, red ink the energy giant chalked up to l…
Renewable Energy
Two US Senators Bring Forward Bill to Speed up Energy and Mining Approvals
Joe Manchin is currently serving as the Senior Senator from West Virginia. Credit: Andrew Cline via Shutterstock.Two US senators have finally introduced a long-…
Offshore Wind Power
Britain’s Crown Estate Post Record Profits on Offshore Wind Licenses
Britain’s Crown Estate, which manages King Charles' public property, posted a record profit for 2023/24 of 1.1 billion pounds ($1.42 billion), boosted…
Ammonia
ADNOC L&S Joint Venture Pouring $1.9 Billion Into New Dual-Fuel Ethane and Ammonia Carriers
AW Shipping, a joint venture company between ADNOC L&S and Wanhua Chemical, has awarded shipbuilding contracts worth around $1.9 billion to China’s Jiangn…
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