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Abu Dhabi's Cyvn Holdings Takes 7% Stake in Chinese EV Start-up NIO for $739M
A Nio ET5 displayed at Central China International Auto Show in Wuhan. GettyCYVN Holdings, an investment entity backed by Abu Dhabi, has signed an agreement to …
Australia
OMV Petrom, Romgaz to Invest up to $4.4 Bln to Develop Romania Gas Project
OMV said Wednesday that its 51%-owned OMV Petrom and Romgaz will jointly invest up to 4 billion euros ($4.37 billion) to develop an offshore natural-gas project…
Energy Saving
Northern Landlords Call For £6BN per Year Commitment to Home Energy Efficiency
A membership body of northern landlords is calling on both the government and opposition parties to commit to a £6bn a year investment in home energy effi…
Oil&Gas Drilling
Woodside Sanctions $7.2 Billion Deepwater Oil Project
Australia’s energy giant Woodside has made a final investment decision to develop a deepwater oil project in the Perdido basin in the Gulf of Mexico located 30…
Power Construction
Fingrid's Main Grid Development Plan Provides for Increased Investments to Promote Finland's Competitiveness
Fingrid has updated its main grid development plan, with investments in the main grid rising from the previously estimated, slightly over three billion to four …
Oil&Gas Drilling
Kuwait Oil Company to Invest $43 Billion on New Oil Projects, CEO Says
Kuwait intends to expand production by nearly 200,000 barrels per day
Hydrogen Production
The Hydrogen Stream: Europe Signs Deals with Chile, Argentina, Brazil
The European Commission has agreed to ramp up hydrogen sector investments in Chile, Argentina, and Brazil, while Norsk Hydro has successfully produced the world…
Hydrogen Production
Shell Commits $1 Billion to Hydrogen and CCS Investments
In a significant move toward decarbonization, oil giant Shell has announced its plan to invest up to $1 billion annually in hydrogen and carbon capture and stor…
SMR
KGHM to Cooperate on Smrs With Industrial Zone
Polish copper and silver producer KGHM Polska Miedź SA has signed a letter of intent with the Legnica Special Economic Zone (LSEZ) to cooperate in research and…
Oil Field
Pertamina and Partners to Invest $800M in Algerian Oil Field
The Menzel Lejmat Nord oil field in Algeria has a production capacity of 35,000 barrels of crude per day. (Photo courtesy of Pertamina)JAKARTA -- Indonesian sta…
Solar Panel
Southern Water Taps Downing to Develop 12 On-Site Solar Projects
Image: Credit: iStockDowning LLP to invest £12m in developing enough solar at Southern Water sites to generate 8.4GWh of electricity each yearSouthern Wat…
Geothermal Power Plant
RFP – Geothermal Direct Use Investments in Menengai, Kenya
GDC has published an RFP for investments on direct use projects in the Menengai geothermal site in Kenya.
Nuclear Technology
Rosatom and Zeya & Associates Co. Have Agreed to Develop Non-energy Nuclear Technologies in Myanmar
a memorandum of understanding was signed in St. Petersburg between JSC «Rusatom Healthcare» (part of the State Corporation «Rosatom») andZeya & Associates C…
LNG
First LNG Project in Western Pacific Goes Offline as Black Smoke Billows Out
An investigation has been launched after black smoke and flaring were seen coming from the liquefied natural gas (LNG) plant in Brunei Darussalam, which is cons…
Solar Technology
UK Government Announces £4.3 Million Investment in Space Solar
Solar array in space. Image: NASA CC0The UK minister for Energy Security and Net Zero, Grant Shapps, will tell an audience at London Tech Week that £4.3 m…
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