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Africa is Turning into a Key Growth Zone of World Energy Market
Global Energy Association held the second conference of the Regional to Global cycle in Ethiopia. The event took place on 8 February in Addis Ababa, the capital…
Oil & Gas Trade
Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices
The Khor Mor gas complex, operated by Crescent and Dana Gas, in the Kurdistan Region of Iraq. Photo: Crescent PetroleumDana Gas, one of the largest private natu…
Oil & Gas Trade
Shell and Conocophillips More Than Doubled Their Earnings in 2022
The British oil and gas company Shell has released its 2022 results, posting a US$40bn profit for the year, a more than twofold increase compared to its 2021 ea…
Germany
German E.ON to Invest EUR 210 Million in Power Business in Romania
E.ON earmarked EUR 375 million for capital expenditure by 2023 in Romania, of which EUR 210 million is for the electric power division. It is also developing en…
Solar Power Panel
BayWa r.e. Sells Two UK Solar Projects
BayWa r.e. has sold two solar projects in the UK. The solar farms have a total capacity of 110 MWp, which have the potential to supply over 31 000 UK households…
Energy Investment
Sun Cable: It’s Much More Viable Than You Think, at the Right Price
We think interest in Sun Cable assets will be high, and that the project may well be viable. Yet as an external analyst without access to inside information, th…
Australia
Energy Arbitrage Sends Big Battery Revenue to New Record High in 2022
Victoria Big Battery. Image suppliedLarge-scale batteries in Australia’s National Electricity Market (NEM) earned record high revenue from arbitraging the…
Energy Investment
CGGC INTERNATIONAL LTD. plans to invest US $10 billion in infrastructure projects in Iraq
A major Chinese conglomerate has offered to invest nearly 10 billion in infrastructure projects in the Autonomous Kurdistan region in North Iraq, an official ha…
Biomass Power Plant
Japan’s Yufutsu Biomass Power Plant Starts Operations
Japanese paper mill Nippon Paper and trading house Sojitz started commercial operations of the 75MW Yufutsu biomass-fired power generation plant on 2 February i…
Energy Investment
Fast Track Development on Energy Corridor With Russia Urged for Economic Stability
Islamabad : Speakers here on Saturday urged the government to fast track the process of economic and energy cooperation agreements with Russia after the recentl…
Hydrogen Production
Hydrogenone Invests in First Green Hydrogen Project
HydrogenOne, the first London-listed fund investing in clean hydrogen for a positive environmental impact, has announced its first investment commitment in a gr…
Energy Investment
US Battery Supply Chain Investments Reach Us$92 Billion Since Biden Took Office
A total of US$92 billion has been invested in the US battery supply chain since President Joe Biden took office in January 2021, including recent projects annou…
Energy Storage Project
GSF Acquires Energy Storage Project in Texas
Gore Street Energy Storage Fund plc (GSF), London's first listed energy storage fund supporting the transition to low carbon power in the UK and internation…
Wind Power Project
Malaysia’s TNB Secures eur72M Refinance Package
It will be used for its offshore wind investment in the UK.Tenaga Nasional Berhad (TNB) completed a EUR72m refinance package with two major lenders in the UK la…
Nuclear Technology
Xe-100 SMR attracts South Korean investment
South Korea’s DL E&C and Doosan Enerbility are to invest $25m in US-based X-energy to advance the deployment of its Xe-100 advanced small modular reactor …
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