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Oil & Gas Trade
CNOOC’s Bozhong 19-2 Oilfield Project Starts Production
Photo from CNOOCIt is expected to reach a peak production of 18,800 barrels.China National Offshore Oil Corporation (CNOOC) has commenced production at its Bozh…
Offshore Wind Power
RWE and TotalEnergies Partner for 4GW Offshore Wind Projects
The sites, identified as N-9.1 and N-9.2, are between 110km and 115km northwest of Borkum Island. Credit: RWE.German energy company RWE has partnered with Total…
Energy Investment
Brazil’s Potencial to Invest $109 Million to Turn Biodiesel Plant Into World’s Largest
Brazil's Grupo Potencial announced on Tuesday an investment of 600 million reais ($108.86 million) to increase biodiesel output at one of its plants, giving…
Carbon Emissions
Global Energy-Related CO2 Emissions Set to Peak This Year, Consultancy DNV Says
A view shows emissions from the smoke stack of the Electricite de France (EDF) coal-fired power plant in Cordemais near Nantes, France, January 20, 2022. REUTER…
Transformer
Hitachi Energy to Invest $250M in Indian Transformer Production
Hitachi Energy is celebrating its 75th anniversary in India. Credit: Hitachi Energy.Hitachi Energy will invest $250m (Rs20.99bn) in expanding its capacity, port…
Hydropower Plant
KfW Digitalises Substation at Inga Hydropower Plant
The modern substation for the Inga I and II power plants on the Congo River significantly stabilises the electricity supply. Image courtesy KfWGermany’s state-…
Wind Turbine
Türkiye Among Top 5 in Europe in Boosting Wind Capacity
The installed capacity in the first six months of 2024 has already exceeded the wind installations for 2023, which were 397 megawatts.The reasons for this consi…
Transformer
$155 Million Investment Boosts North American Manufacturing Capacity Amid Rising Demand for Electrical Equipment
Hitachi Energy plans to invest an additional $155 million to expand its manufacturing capacity in North America.Hitachi Energy has added over 8,000 employees be…
Solar Cell
Australia Installs 1.3 GW of Rooftop Solar in H1
Photo by Kindel Media via PexelsAustralia is on track to pass its 25 gigawatts (GW) target for rooftop solar capacity with the installation of 1.3 GW in the fir…
Oil & Gas Trade
Exxon Director Joins Elliott Group Seeking to Acquire Citgo Petroleum
A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo Purchase Licensing RightsExxon M…
Electricity Transmission
Avangrid Shareholders Approve $2.55bn Buyback by Iberdrola
Spanish utility Iberdrola has announced that shareholders of Avangrid have approved its proposal to acquire the remaining 18% stake in the company for $2.55bn.
Solar Power Plant
Octopus Energy to Invest £2BN in UK Renewable Energy
Octopus Energy Generation has announced a £2bn investment in UK renewable energy projects by 2030, emphasising solar capacity with 222MW in the pipeline.
Solar Power Plant
First Solar Opens $1.1bn Solar Facility, Adds 3.5GW to US Manufacturing Capacity
First Solar has inaugurated its new $1.1bn fully vertically integrated, thin-film solar manufacturing facility in Lawrence County, Alabama.
Hydropower Plant
Uganda Commissions $1.7bn Hydro Plant, Country’s Largest Power Generation Facility
Octopus Energy Generation has announced a £2bn investment in UK renewable energy projects by 2030, emphasising solar capacity with 222MW in the pipeline.
Hydropower Plant
EPCG and EDF Sign Memorandum for Hydropower Development
Elektroprivreda Crne Gore (EPCG) and Electricité de France (EDF) have signed a Memorandum of Understanding (MoU) to outline a long-term partnership in en…
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