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Oil&Gas Drilling
Australian Offshore Oil Exploration Well Imminent for SapuraOMV
The Malaysian-Austrian joint venture company SapuraOMV Upstream will spud early next month the Kanga-1 oil exploration well offshore Western Australia.
Distributed Generation
TotalEnergies and ENEOS Join Forces to Develop B2B Solar Distributed Generation Across Asia
TotalEnergies and ENEOS signed a joint venture agreement to develop onsite B2B solar distributed generation across Asia.
Hydrogen Production
India Joint Venture Aims to Produce Green Hydrogen at Scale
Indian Oil Corporation has teamed up with Larsen & Toubro and ReNew Power to develop the nascent green hydrogen sector in India.
Philippines
ACEN, CleanTech Form JV for 133MW Solar Farm in the Philippines
ACEN and CleanTech formed a joint venture company for the development and operation of a 133-megawatt solar farm and transmission project in Cagayan province.
SINOPEC
Aramco in Discussions with Sinopec on Downstream Ventures
Saudi Aramco is looking at a number of opportunities with China's state-backed Sinopec and is still in discussions with India's Reliance on a possible joint ven…
Crude Oil
Chevron Set to Trade Venezuelan Oil if US Relaxes Sanctions
Sources say Chevron is asking the US government for a license broad enough to have a greater say at its joint ventures in Venezuela.
Offshore Wind Power
RWE and National Grid Consolidate Partnership, Announce Community Offshore Wind as Name of Joint Venture
Following the success of their joint bid in the New York Bight offshore lease auction last month, RWE Renewables and National Grid have announced the name of th…
Rooftop PV System
U.S. Coal Company Plans 3.3 GW of PV, Along with Storage Facilities
US coal company Peabody Energy Inc., Riverstone Credit Partners and Summit Partners Credit Advisors launched the joint venture R3 Renewables LLC.
Floating Offshore Wind
Ocean Winds, Aker Offshore Wind Secure 1.2 GW Floating Capacity in South Korea
Korea Floating Wind (KF Wind), a joint venture between Ocean Winds and Aker Offshore Wind, has secured an Electric Business License from South Korea’s Ministry…
Solar Power Panel
Solar PPA Business on the Rise in Japan
Sumitomo, Sunseap and Shikoku Electric are partnering to offer bilateral PPAs to big power consumers in Japan. The consortium will operate through a dedicated j…
LNG
Japan’s Niihama LNG Terminal Starts Operations
Japanese joint venture Niihama LNG has launched terminal operations, starting with an LNG delivery to Japanese firm Sumitomo Chemical for use as a feedstock and…
Nord Stream 2
Shell Cuts Business Ties with Gazprom, Abandons Nord Stream 2
Shell has announced its intention to exit its joint ventures with Gazprom and related entities to cut its ties with Russia over the war with Ukraine.
Energy Investment
Norway’s Equinor will End Investments in Russia, Exit Joint Ventures
Norway’s Equinor said Feb. 28 that it has decided to stop new investments in Russia and start exiting from joint ventures because of Russia’s invasion of Ukra…
Hydrogen Production
What will the UK’s 1GW Hydrogen Hub Look like?
Vertex Hydrogen, a joint venture between Essar Oil UK and Progressive Energy, last month (January 2022) said it will develop what it believes to be the UK’s la…
Siemens, Desert Technologies JV to Invest in Smart Solar Projects
Siemens and Desert Technologies have launched a joint venture to develop and invest in solar and smart infrastructure in Africa, the Middle East and Asia.
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