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Oil & Gas Trade
BP-ENI JV Signs Agreement for Namibia Offshore License
A BP-Eni joint venture and Rhino Resources Namibia have signed an agreement for a 42.5% interest in a block in the country's offshore Orange Basin, the comp…
Biofuel
Mubadala Capital Plans $13.5 Billion Biofuels Investment in Brazil, Financial Times Reports
Abu Dhabi's Mubadala Capital intends to invest about $13.5 billion on a major biofuels project in Brazil over the next decade, under broader plans for the c…
Floating Offshore Wind
Norwegian Offshore Wind, Wazoku Team up to Adress Floating Offshore Wind Turbine Emergencies
The Australian Government awarded Ocean Winds, EDP Renewables and Engie’s joint venture dedicated to offshore wind energy, a license to potentially develo…
Offshore Wind Power
EDP Reinforces Investment in Australia Through 1.3 GW Wind Offshore Capacity Awarded to Ocean Winds
The Australian Government awarded Ocean Winds, EDP Renewables and Engie’s joint venture dedicated to offshore wind energy, a license to potentially develo…
Renewable Energy
Pine Gate Renewables Secures $650 Million Total Investment
An aerial view of a Pine Gate Renewables solar project (courtesy: Pine Gate Renewables)Generate Capital, Healthcare of Ontario Pension Plan (HOOPP), and HESTA t…
Renewable Energy
Pakistan Needs to Tap Renewable Energy Potential for Sustained Growth
Pakistan, which has a negligent share of renewable energy sources in the power mix, desperately needs to tap the green energy potential to boost economic growth…
Oil & Gas Trade
TotalEnergies states commitment to increase investment in Malaysia’s upstream O&G sector - Anwar
TotalEnergies, a global energy supplier company based in France, has stated its commitment to increasing its investment in Malaysia’s upstream oil and gas…
Hydropower Plant
Nepal Hosts Investment Summit to Attract Foreign Money for Hydropower Projects
Nepal hosted an investment summit yesterday in hopes of attracting much-needed foreign investment, especially in developing hydropower projects to produce more …
Electric Vehicles
Toyota Investing $1.4b in Indiana to Prepare for Assembly of New Three-Row Electric SUV and Battery Pack Assembly
Toyota will prepare for assembly of an all-new, three-row battery-electric SUV in the US as part of a new $1.4-billion investment in its Princeton, Indiana faci…
Offshore Wind Power
JERA, Green Power Investment Inaugurate Japan's Largest Offshore Wind Farm
On 23 April, JERA and Green Power Investment Corporation held an inauguration ceremony for the Ishikari Bay New Port offshore wind farm in Hokkaido, Japan, whic…
Geothermal Power Project
Canopus Drilling Secures EUR 3 Million Investment to Advance Geothermal Drilling Tech
Announcement of investment by Underground Ventures on Canopus Drilling Solutions at the Global Geothermal Impact Summit (source: Impact City via LinkedIn)Innova…
Oil & Gas Trade
COP29 Climate Summit Host Azerbaijan Defends Oil and Gas Investments
A nodding donkey pumps oil in an oil field in the settlement of Balaxani near Baku, Azerbaijan, October 5, 2017. Picture taken October 5, 2017. REUTERS/Grigory …
Renewable Energy
Iberdrola and Norges Bank Investment Management Conclude Negotiations to Expand Alliance to 2,500 MW of Renewables in Iberia
Following the conclusion of negotiations, the companies add a further 644 MW into their alliance and are now developing approximately 2,500 MW of renewables in …
Floating Offshore Wind
Octopus Energy Invests in Ocergy to Boost Floating Offshore Wind Energy Worldwide
The investment is made through Vector, Octopus Energy’s offshore wind fund. He will drive the commercialization of Ocergy’s technology.Octopus Energ…
Renewable Energy
Engie to Invest up to 4 Bln Euros in Belgium to Boost Renewables
The logo of Engie is seen during the company's annual general shareholders meeting in Paris, France, April 26, 2023. REUTERS/Sarah Meyssonnier/ File photo P…
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