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Ireland
Ireland’s Renewable Electricity Scheme Gets EU Approval
Ireland’s Renewable Electricity Support Scheme has passed EU state aid rules, allowing it to take provide funding for future renewable projects.
Oil Field
Chevron to Take over Noble’s Cyprus Gas Field
US energy giant Chevron is taking over Noble Energy for $5 bln in an all-share deal, boosting its shale gas assets at home.
Solar Power Plant
Malaysia Bets on Large Scale Solar PV to Revive Economy
The Ministry of Energy and Natural Resources of Malaysia launched the 1GW tender program to boost the country’s economic performance.
Thermal Coal
Yancoal Targets 38mn t of Australian Coal Sales in 2020
Chinese-Australian coal firm Yancoal expects to produce 38mn t of saleable coal in 2020, up by 6.7pc from 35.6mn t in 2019.
LNG
LNG Markets May Not Recover Until 2021
The cash margin for U.S. LNG exporters improved slightly in the second quarter, but will likely remain negative for the duration of 2020.
Energy Investment
Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets
Brazil's Ibitu Energia has reportedly planned to invest nearly $837m in renewable energy assets over the next five years.
Hydrogen Fuel Stations
Enagás Gets EU Support to Develop 16 Natural Gas, Hydrogen Stations
The company is coordinating the ECO-net Project, which aims to contribute to transport decarbonisation by introducing LNG, biogas and green hydrogen as fuels.
Energy Storage Project
Energy Storage Set to Compete in US Wholesale Markets Following Landmark Ruling
Distributed energy storage facilities in the United States will join the wholesale market and compete to provide grid services.
Nuclear Power Plant
Candu Unit Sets North American Operating Record
Darlington unit 1 has set a new Canadian and North American nuclear record with 895 consecutive days of unbroken operation.
Wind Farm
New Partnership Targets 138MW of Onshore Wind Capacity in India
Climate Fund Managers and AMPYR Energy have partnered to develop, construct and operate 138MW of onshore wind farms in India.
Oil & Gas Trade
Berkshire Hathaway Strikes $10bn Deal with Dominion Energy for Natural Gas Assets
It announced the cancellation of a multi-billion-dollar natural gas pipeline joint venture with Duke Energy.
Energy Investment
Coal India and NLC India form 5GW Power Generation Joint Venture
Coal India has formed a power generation joint venture with NLC India to develop solar and thermal power assets.
Oil & Gas Trade
Dominion Energy Sells Natural Gas Assets for $9.7bn
Dominion Energy has agreed to sell its natural gas assets for $9.7bn, the US-based power company announced on Sunday.
LNG
Japan Bets Big on Mozambique Liquefied Natural Gas
The money will fund the development of a gas field in the African country to produce some 12 million tons of LNG annually.
Oil & Gas Trade
Warren Buffett's Berkshire Buys Dominion Energy Natural Gas Assets in $10 Billion Deal
Warren Buffett's Berkshire Hathaway is finally pulling the trigger.
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