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OPEC Chief Stresses Energy Cooperation With China
Energy Investment
31-10-2021
Saudi Arabia Signs Direct Investment Pact with UK in ‘Next Step’ for Green Initiatives
Agreement followed green finance roundtable at FII summit in Riyadh
Energy Investment
31-10-2021
Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments
President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.
Mexico
29-10-2021
Mexico's Pemex Back in Red Despite Oil Production Uptick
Higher tax payments and foreign exchange losses pushed Mexico's Petroleos Mexicanos back into the red in the third quarter, even as crude production recovered somewhat.
Nuclear Power Plant
28-10-2021
UK Unveils New Funding Model for Nuclear Power Stations
The RAB model is expected to play an important role in attracting private investment for new large-scale nuclear power plants.
Wind Farm
28-10-2021
European Energy Sells Three Lithuanian Projects
European Energy has divested three wind farms in Lithuania - its largest disposal to date.
Net Zero Emission
27-10-2021
Bruce Power Launches Bruce Power Net Zero Inc
Canada’s Bruce Power on 21 October announced the launch of Bruce Power Net Zero Inc.
Oil Field
26-10-2021
Iran Needs $11 Billion To Develop Oil Fields Along The Iraqi Border
Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported, citing the new head of the National Iranian Oil Company Mohsen Khojastehmehr.
Rosatom
25-10-2021
The Days of Chinese Culture at JSC “AEM-Technology”
In honor of the Day of the People's Republic of China, all the Branches of JSC “AEM-Technology” arranged the Days of Chinese Culture with attendance of the representatives of China, who now work at Russian industrial sites.
Oil & Gas Trade
22-10-2021
Middle East Oil Exporters To See Fast Economic Growth In 2022
The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected, if oil prices don’t pull back significantly next year.
China
18-10-2021
Vestas to Combine Its China and Asia-Pacific Business Regions
The turbine manufacturer aims to allocate its resources most efficiently by combining the two business regions.
Energy Investment
18-10-2021
BayWa r.e Acquires Scottish Wind Project on Restored Coal Mine
BayWa r.e. has completed the acquisition of the project rights for Broken Cross Wind Farm in South Lanarkshire, Scotland.
16-10-2021
Shell’s Wetselaar Heads to Top Spot at Cepsa
Shell has reshuffled its exploration team as Maarten Wetselaar leaves the company to take the top spot at Cepsa.
Natural Gas
14-10-2021
Two more UK Energy Firms go Bust as Prices Soar
Two more UK energy firms have ceased trading amid soaring wholesale energy prices.
Oil Field
14-10-2021
Occidental Sells Stakes in Two Ghana fields for $750 million
Houston-based Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corporation.
Chile
12-10-2021
Sonnedix Awarded 39% of Total Energy Supply in Chile
Sonnedix, the global solar independent power producer has been awarded 903 GWh/yr, equivalent to 39% of the National and International Public Tender for the Supply of Energy and Electric Power 2021/01, in which 29 Chilean and foreign generating comp
Hydrogen Project
11-10-2021
SK E&S and Plug Power Form Joint Venture
SK E&S and Plug Power have signed a joint venture contract for joint business in the Asian hydrogen market. Their stakes in the joint venture are 51 percent and 49 percent, respectively.
Energy Investment
10-10-2021
CTG Keen to Invest in Wind and Solar Energy Sectors of Pakistan
China Three Gorges Group called on Pakistani ambassador to China on Friday and showed keen interest in investing in Pakistan's wind and solar energy sectors.
EU
06-10-2021
EU Countries Grapple with Response to Energy Price Spike
EU leaders will discuss record natural gas prices on Tuesday evening and the 27 member states’ environment ministers will debate their response on Wednesday.
03-10-2021
Energy Crunch: Three more UK Power Firms Collapse
Record prices for natural gas have pushed three more United Kingdom energy firms out of business.
Turkey
03-10-2021
Turkey's Energy Import Bill up 104% in August 2021
Turkey's energy import bill increased by 104% to $4.36 billion in August this year compared to the same month last year.
Energy Investment
03-10-2021
US Smart Electric Grid Projects Receive $11m Boost
The modernisation of the grid will enable the integration of a diverse supply of renewable energy sources and help customers reduce their energy consumption, costs and environmental impacts
Energy Investment
02-10-2021
Former US Vice President Rescues Octopus Energy from Unstable UK Market
Al Gore, the former vice president of the US, has invested $600 million in UK utility Octopus Energy.
Energy Investment
01-10-2021
GIG, TotalEnergies and RIDG to Participate in ScotWind Leasing Round
A consortium of Macquarie’s Green Investment Group 9GIG), TotalEnergies and Scottish developer RIDG has announced a bid for an offshore wind project west of the Orkney Islands, Scotland.
Wind Power Project
29-09-2021
Statkraft Sells Andershaw Wind Farm
Statkraft, Europe’s largest generator of renewable energy, has today announced the sale of Andershaw Wind Farm in Scotland, to Greencoat UK Wind PLC for a purchase price of £121m.
Electric Vehicle Battery
28-09-2021
China’s Evergrande Auto Cancels EV Listing on Exchange
China's key property developer Evergrande has abandoned plans to list its electric vehicle business on the Shanghai Stock Exchange because of a liquidity crisis since early this month.
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