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Oil & Gas Trade
Tourmaline oil to acquire crew energy for $947 million
An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. REUTERS/Todd Korol/File Photo Purchase Licensing RightsCanada's Tourma…
Nuclear Power Plant (NPP)
Price tag for new nuclear power in Sweden$38 billion, commission says
Sweden's plans to expand nuclear power to help tackle climate change are likely to cost around 400 billion crowns ($38 billion) and should be financed by go…
Oil & Gas Supply
Bolivia swaps energy and hydrocarbons minister amid fuel crisis
Shopkeepers and members of unions protest over shortages of hard currency and petrol at gas stations, in Cochabamba, Bolivia August 12, 2024. REUTERS/Patricia P…
Energy Storage Project
Akaysha energy starts building queensland’s 205 MW energy storage system
Akaysha Energy has commenced the construction of the 205 megawatt / 410 megawatt-hour (MWh) Brendale Battery Energy Storage System (BESS) which is one of the la…
Nuclear Power Plant (NPP)
Fire at cooling tower of zaporizhzhia nuclear plant
Kyiv and Moscow traded blame on Sunday after a fire broke out at a cooling tower of the Zaporizhzhia nuclear power plant (ZNPP).Ukraine, Russia and the Internat…
Oil & Gas Trade
Iran’s president nominates mohsen paknezhad as oil minister
Mohsen Paknezhad has been nominated on Sunday as Iran's oil minister by President Masoud Pezeshkian, Iran's parliament speaker announced live on the Stu…
Oil & Gas Trade
Shell to invest in phase 2 of surat gas project in Australia
Shell (SHEL.L), opens new tab plans to invest in the second phase of development at joint venture Arrow Energy's Surat gas project in Queensland, Australia,…
Hydrogen Project
6 Green Hydrogen MoUs Signed in Tunisia
The agreements are aimed at bolstering the country’s national H2 strategyTunisia has announced that it has signed 6 new memoranda of understanding (MoUs) …
Geothermal Drilling
Geothermal Drilling Resumes for Puga Valley Geothermal Project, Ladakh, India
Drilling site, Puga Valley, Ladakh, India (source: ISOR/ Bastien Poux)After a two-year setback, drilling operations have started again for the geothermal projec…
Solar Power Plant
UK and Poland Finance Turkish Solar Project
In 2021, a 1.35GW solar project in Turkey (pictured) received £217 million loan support from UKEF. Image: Kalyone Enerji.The UK’s Standard Chartered…
Energy Storage Project
Ørsted Partnership to Develop 1GW Battery Storage Across US Midwest
The company’s strategic focus is on increasing storage capabilities alongside wind and solar. Credit: Phonlamai Photo / Shutterstock.Danish energy company…
Electric Vehicles
EVs and PHEVs Outsell Gas Cars in China for the First Time
EVs and PHEVs made up a record half of car sales in China in July, the first time this milestone was achieved in the world’s largest auto market.Sales of …
Floating Offshore Wind
Samsung Heavy Industries to Build Foundations for Equinor’s Korean Floating Wind Farm
Samsung Heavy Industries (SHI) has signed a preferred supplier agreement (PSA) with Equinor for floating foundations that will be installed at the Firefly/Bandi…
Solar project
UK and Poland Back €249M Loan for Turkey’s Solar Project
The UK and Poland have partnered to support a €249 million (£214m) financing deal for a solar power project in Turkey.The loan, arranged by Standard …
LNG
Petronas, Exxonmobil Eye Standalone Floating LNG Project After Latest Suriname Success
Jair Tjon and Tachana Dalger of Suriname carry their country's flag during the opening ceremony of the Pan American Games in October 2023.Photo: AP/SCANPIXM…
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