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2023-10-26
Acciona Energía Signs New Renewable PPA With Stanwell Corporation
ACCIONA Energía has signed a 15-year Power Purchase Agreement (PPA) with Queensland’s publicly owned energy company Stanwell Corporation.The contract encompasses the supply of all the renewable electricity produced at the photovoltaic
Oil & Gas Trade
2023-10-26
Hess Midstream Reports Higher Q3 Income, After Chevron Buys Hess
Hess Midstream LP (HESM.N) on Wednesday reported a rise in third quarter net income versus the year earlier period, with the announcement coming just days after Chevron (CVX.N) agreed to buy Hess Corp. (HES.N)Hess Midstream, which owns oil and gas assets
Offshore Wind Power
2023-10-26
Meridian Energy, NZ Windfarms to Invest up to $348 Mln in New JV
New Zealand-based power company Meridian Energy (MEL.NZ) and wind energy firm NZ Windfarms (NWF.NZ) said on Thursday they will form a joint venture to expand the Te Rere Hau wind farm for an estimated capital cost of up to NZ$600 million ($348.36 million)
Oil & Gas Trade
2023-10-24
Chevron to Buy Hess Corp for $53 Billion in All-Stock Deal
Chevron (CVX.N) has agreed to buy Hess (HES.N) for $53 billion in stock to gain a bigger U.S. oil footprint and a stake in rival Exxon Mobil's (XOM.N) massive Guyana discoveries, the latest in a series of blockbuster U.S. oil combinations.The Chev
Solar Power Plant
2023-10-23
Solar Energy Generation Reaches Record High in Australia
Solar electricity generation reached a record high in Australia's third quarter, contributing to a nearly 70% drop in average wholesale electricity prices. The data offers welcome news to Australian households and businesses grappling with rising
Offshore Wind Power
2023-10-23
Genex, Energyaustralia Sign 10-Year PPA for 258MW Kidston Wind Project
The agreement with EnergyAustralia covers 30% of the 258MW Kidston Stage 3 wind project’s (K3W) generation capacity for a period of 10 years at a fixed price, and will strengthen the partnership between the two companiesGenex signs 10-year PPA f
Coal-Fired Power Plants
2023-10-23
AVEN Eyes Expansion in Pilbara, Australia
MANILA -Ayala-led ACEN Corp. is expanding its renewable energy development plans in the Asia-Pacific through a deal with an Australia-based developer to build solar, wind and battery energy storage system facilities.In a stock exchange disclosure, ACEN sa
Coal Production
2023-10-23
Australia's SOUTH32's Q1 Metallurgical Coal Output Falls on Illawarra Bottlenecks
A sign adorns the building where Australian miner South32 has their office in Perth, Western Australia, November 19, 2015. REUTERS/David Gray/File Photo Acquire Licensing RightsDiversified miner South32 (S32.AX) posted an 18% drop in first-quarter metallu
Solar Panel
2023-10-21
Rio Tinto, Aboriginal Group Sign First Solar Deal for Western Australia Iron Ore Region
A sign adorns the building where mining company Rio Tinto has their office in Perth, Western Australia, November 19, 2015. REUTERS/David Gray/File Photo Acquire Licensing RightsRio Tinto (RIO.AX) has signed an initial agreement with the Yindjibarndi peopl
Oil Field
2023-10-20
Beach Energy Makes Another Gas Discovery in Perth Basin
Beach Energy Ltd has made a gas discovery at Tarantula Deep 1 in Australia’s Perth Basin, the second one made from the company’s three operated exploration wells so far.The Tarantula Deep 1 well reached a total depth of 13,520 feet (4,
Coal Trade
2023-10-18
Mitsubishi Corporation Announcement Sale of Australian Metallurgical Coal Assets
Mitsubishi Corporation (MC), through its wholly-owned subsidiary Mitsubishi Development Pty Ltd (MDP), forms BHP Mitsubishi Alliance (BMA), a metallurgical coal joint venture with BHP in Queensland, AustraliaMDP and BHP have signed an asset sale agreement
Pumped Storage
2023-10-18
Wyangala Dam Wall Raising Project Cancelled Due to Cost and Environmental Concerns
Wyangala dam. Image courtesy of WaterNSWIn a recent announcement by the Minister for Water, Rose Jackson, the New South Wales (NSW) Government in Australia has decided to abandon the Wyangala Dam Wall Raising Project, citing exorbitant construction costs
Oil Field
2023-10-18
Exxon Expects to Fid Guyana's Sixth Oil Project by Q1 2024
The Exxon logo is displayed above the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York December 21, 2015. REUTERS/Lucas Jackson/File Photo Acquire Licensing RightsExxon Mobil Corp. (XOM.N) expects to make a final inve
Coal Production
2023-10-18
Australia's Whitehaven Wins Bid for BHP's Queensland Coal Mines
BHP Group (BHP.AX) said on Wednesday Whitehaven Coal (WHC.AX) has been selected as the preferred bidder for its Daunia and Blackwater coal mines in Queensland.BHP did not reveal financial details of the bid and Whitehaven did not immediately respond to a
Oil & Gas Trade
2023-10-18
Chevron Australia LNG Unions Agree Deal on Eve of Strikes Resuming
A general view of Chevron's Wheatstone LNG facility in Pilbara coast, Western Australia, as seen in this undated handout image obtained by Reuters on September 8, 2023. Chevron/Handout via REUTERS/File Photo Acquire Licensing RightsAn Australian u
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