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Net Zero Emission
Norway’s Statkraft Stakes Out 2030 Growth Target Amid EU’s Ambitious Green Push
Norwegian state-owned energy firm Statkraft on Tuesday presented its expanded renewables growth strategy out to 2030 seeking to capitalise on stronger European …
Clean Energy Transition
Malaysia’s Petronas Launches Clean Energy Firm to Lead Carbon-Free Push
Malaysia's Petronas on Thursday announced the establishment of a new clean energy solutions company, Gentari, as part of a global push by the state oil firm to …
Offshore Wind Power
Masdar, KEPCO to Explore Offshore Wind Project Opportunities
United Arab Emirates-based energy firm Masdar and KEPCO signed a memorandum of understanding to explore development opportunities in the offshore wind energy se…
Net Zero Emission
Enel Exits Gas-Fired Plant to Become 100% Renewable in Brazil
Enel Brasil has signed a deal to sell its entire stake in a 327-MW gas-fired thermal power plant to local energy firm Eneva SA (B3:ENEV3), thus becoming 100% re…
Energy Security
Russia Slaps Sanctions on Western Energy Firms
Moscow has imposed sanctions on more than 30 EU, US and Singaporean energy companies in a retaliatory move following western penalties imposed on Russian.
LNG
Hyundai Glovis Wins LNG Shipping Deal From Australia
Hyundai Glovis Co., the logistics unit of Hyundai Motor Group, said Tuesday it has signed a long-term liquefied natural gas (LNG) shipping deal with Australian …
Wave Energy
AWS Ocean Energy Starts Shakedown Trial for Waveswing Converter
Scottish wave energy firm AWS Ocean Energy has started sea trials of its Waveswing wave energy converter at the European Marine Energy Centre’s (EMEC) Scapa Fl…
Shell Launches Start-Up Accelerator Programme at Expo 2020 Dubai
UK energy firm Shell announced a three-month start-up accelerator programme for UAE energy companies.
Azerbaijan
Masdar Breaks Ground for 230MW Solar Project in Azerbaijan
United Arab Emirates-based energy firm Masdar held a groundbreaking ceremony for the construction of the 230-megawatt (MW) solar plant project in Azerbaijan.
Energy Investment
China Considers Stake Acquisitions in Russian Energy Firms
China is in negotiations with firms including China National Petroleum, and China Petrochemical.
Crude Oil
Eni Suspends Russia Oil Purchase over Ukraine Invasion
Eni, which has already suspended its JVs with Russia’s Rosneft, has take-or-pay gas contracts with Russian energy firm Gazprom.
Wave Energy
Scottish Wave Energy Firm Lands £730,000 Funding
A wave power company has secured a major new investment to speed up the commercial rollout of its technology.
Australia
Australia’s Squadron Plans $2.2bn Renewables Project
Australian energy firm Squadron Energy plans to build a A$3bn ($2.15bn) wind, solar photovoltaic (PV) and battery project in Queensland.
Oil & Gas Supply
Algeria Say Ready to Supply EU with Extra Gas Amid Ukraine Crisis
Algeria’s state energy firm is ready to supply Europe with more gas in view of a possible decline due to the Russian invasion of Ukraine, its CEO said Sunday.
Energy Security
Chinese Energy Firm’s Projects in Iraq Operate ‘Normally’ After Attack
China's ZPEC said on Wednesday that all of the company's projects in Iraq are operating normally, and the attack would not affect the normal construction and op…
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