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Asahi Kasei to Invest $265M to Expand Coating Capacity for Hipore Li-Ion Battery Separators
Asahi Kasei will invest ¥40 billion (US$365 million) in additional equipment for coating Hipore lithium-ion battery (LIB) separators. New coating lines will…
Offshore Wind Power
Iberdrola Joins Forces With Masdar in Offshore Wind Energy With the Investment of 1.6 Billion Euros in the Baltic
After obtaining the necessary regulatory approvals, the companies have closed the agreement announced last July to co-invest in the Baltic Eagle offshore wind f…
Oil & Gas Trade
Shell Boosts Buybacks as Gas Trading Boost Q3 Profits to $6.2 Billion
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …
Offshore Wind Power
Ørsted Takes Eur 4 Billion Impairment Hit
ØrstedThe majority of impairment losses, DKK 19.9 billion, relate to the Ørsted’s Ocean Wind 1 offshore wind project. The company unveiled i…
Oil & Gas Trade
Russia to Lose $4 Bln Tax Take as It Reverses Cut In Refining Subsidy
Russia's hasty restoration of a "damper" subsidy for oil refiners will not only cost the state budget 400 billion roubles ($4.3 billion) in subsidies this y…
Offshore Wind Power
Orsted Hit by up to $5.6 Billion Impairment on Halted US Projects
A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo Acquire Licensing RightsRenewab…
Oil & Gas Trade
McDermott and Ptsc to Rake in Over $1 Billion for Asian Gas Project
U.S. offshore engineering and construction player McDermott, as part of a consortium with Petrovietnam Technical Services Corporation (PTSC), has gotten its han…
Oil & Gas Supply
Equinor to Supply Gas to Germany's Rwe for Five Years
Equinor and RWE signed a five-year agreement for the supply of Norwegian gas to Germany at up to 52.97 billion cubic feet a year.gas.Equinor ASA and RWE AG have…
Renewable Energy
Indonesia Sets Emission Target for G7 Funding, Lays Out Investment Map
Smoke and steam billows from the coal-fired power plant owned by Indonesia Power, next to an area for Java 9 and 10 Coal-Fired Steam Power Plant Project in Sura…
Coal Trade
Indonesia Excludes Off-Grid Coal From $21.5 Billion Climate Deal
An excavator loads coal onto a dump truck at Cirebon Port in West Java, Indonesia, on Wednesday, May 11, 2022. Trade has been a bright spot for Indonesia, which…
Hydrogen Production
Indian Energy Producer Am Green Seeks Over $1 Billion in Funding: Sources
AM Green, founded by Mr Anil Chalamalasetty and Mr Mahesh Kolli (pictured), is developing production capability for molecules. ST PHOTO: KUA CHEE SIONGAM Green,…
Green Hydrogen
Denmark Awards $155M to Six Green Hydrogen Projects
Denmark has awarded a total of DKK 1.25 billion ($155 million) to six green hydrogen projects in its first tender for support for Power to X (PtX) projects. The…
Natural Gas
Equitrans US Mountain Valley Natgas Pipe on Track for Q1 Completion
Equitrans Midstream (ETRN.N) remains on track to complete the Mountain Valley natural gas pipeline from West Virginia to Virginia in the first quarter of 2024 a…
Thermal Coal
Exclusive: Indonesia to Omit Private Coal Power Plants From Its Jetp Investment Plan
Smoke and steam billows from the coal-fired power plant owned by Indonesia Power, next to an area for Java 9 and 10 Coal-Fired Steam Power Plant Project in Sura…
Electricity Transmission
US commits $1.3 billion for power lines in west, northeast
A woman jogs by power lines, as California's grid operator urged the state's 40 million people to ratchet down the use of electricity in homes and busin…
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