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Toyo Invests In Japan’s Offshore Renewable Sector
Oil & Gas Trade
16-02-2023
First GECF Monthly Gas Market Report now available
Doha, QATAR – 15 February 2023: The GECF is pleased to unveil the inaugural edition of the Monthly Gas Market Report (MGMR). This new publication offers a comprehensive analysis of the global gas market on a monthly basis. It is made publicly av
Market Analysis
16-02-2023
Millions of Households Could Switch Their Energy Supplier in Second Half of 2023
The number of households switching their energy supplier could skyrocket from July 2023, as falling energy wholesale prices coupled with reduced government support look set to provide suppliers with the chance to offer millions of domestic customers more
Solar Power Plant
15-02-2023
Smarter Climate Finance for the Developing World
Without a concerted effort by governments and international financial institutions to harmonise standards and strengthen incentives for investments in decarbonisation across the developing world, mid-century net-zero targets will slip out of reach. Three
Oil & Gas Trade
13-02-2023
Petronas Divests Entire Interest in Engen
Petronas has reached an agreement to sell its entire 74 percent interest in Engen Limited to Vivo Energy, one of the largest African fuel retail operators and part of multinational energy company Vitol.Petronas President and Group Chief Executive Officer
Energy Investment
13-02-2023
Africa is Turning into a Key Growth Zone of World Energy Market
Global Energy Association held the second conference of the Regional to Global cycle in Ethiopia. The event took place on 8 February in Addis Ababa, the capital of Ethiopia and the entire African Union. It was dedicated to the role of Africa in the global
Oil & Gas Trade
09-02-2023
Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices
The Khor Mor gas complex, operated by Crescent and Dana Gas, in the Kurdistan Region of Iraq. Photo: Crescent PetroleumDana Gas, one of the largest private natural gas companies in the Middle East, reported a 53 per cent annual rise in adjusted net profit
Oil & Gas Trade
04-02-2023
Shell and Conocophillips More Than Doubled Their Earnings in 2022
The British oil and gas company Shell has released its 2022 results, posting a US$40bn profit for the year, a more than twofold increase compared to its 2021 earnings (US$19bn). Shell’s previous profit record was in 2008 (US$31bn). Shell&rsq
Germany
03-02-2023
German E.ON to Invest EUR 210 Million in Power Business in Romania
E.ON earmarked EUR 375 million for capital expenditure by 2023 in Romania, of which EUR 210 million is for the electric power division. It is also developing energy products and services and electric mobility infrastructure.Marking 15 years since the entr
Solar Power Panel
31-01-2023
BayWa r.e. Sells Two UK Solar Projects
BayWa r.e. has sold two solar projects in the UK. The solar farms have a total capacity of 110 MWp, which have the potential to supply over 31 000 UK households with green electricity.The 30 MWp Bracks solar project in Cambridgeshire has been sold to UK R
Energy Investment
30-01-2023
Sun Cable: It’s Much More Viable Than You Think, at the Right Price
We think interest in Sun Cable assets will be high, and that the project may well be viable. Yet as an external analyst without access to inside information, the risk always is that you are talking bull sh**. Goodness knows that’s been the case
Australia
30-01-2023
Energy Arbitrage Sends Big Battery Revenue to New Record High in 2022
Victoria Big Battery. Image suppliedLarge-scale batteries in Australia’s National Electricity Market (NEM) earned record high revenue from arbitraging the energy market during 2022.Calendar 2022 was arguably the most dramatic year in the history
Energy Investment
30-01-2023
CGGC INTERNATIONAL LTD. plans to invest US $10 billion in infrastructure projects in Iraq
A major Chinese conglomerate has offered to invest nearly 10 billion in infrastructure projects in the Autonomous Kurdistan region in North Iraq, an official has said.Gezhouba Group, the world’s 33rd largest contractor by revenue, has contacted
Biomass Power Plant
03-02-2023
Japan’s Yufutsu Biomass Power Plant Starts Operations
Japanese paper mill Nippon Paper and trading house Sojitz started commercial operations of the 75MW Yufutsu biomass-fired power generation plant on 2 February in Japan's northernmost prefecture of Hokkaido, taking advantage of Nippon Paper'
Energy Investment
29-01-2023
Fast Track Development on Energy Corridor With Russia Urged for Economic Stability
Islamabad : Speakers here on Saturday urged the government to fast track the process of economic and energy cooperation agreements with Russia after the recently signed Memorandum of Understanding (MOUs). It would ease the economic conditions for the citi
Hydrogen Production
28-01-2023
Hydrogenone Invests in First Green Hydrogen Project
HydrogenOne, the first London-listed fund investing in clean hydrogen for a positive environmental impact, has announced its first investment commitment in a green hydrogen supply project, the Thierbach project.The Thierbach project is a development proje
Energy Investment
27-01-2023
US Battery Supply Chain Investments Reach Us$92 Billion Since Biden Took Office
A total of US$92 billion has been invested in the US battery supply chain since President Joe Biden took office in January 2021, including recent projects announced by ICL and Rhyolite.The figure includes government and private sector investments into the
Energy Storage Project
26-01-2023
GSF Acquires Energy Storage Project in Texas
Gore Street Energy Storage Fund plc (GSF), London's first listed energy storage fund supporting the transition to low carbon power in the UK and internationally, has agreed to acquire a 75 MW/150 MWh energy storage project located in Texas, the US
Wind Power Project
25-01-2023
Malaysia’s TNB Secures eur72M Refinance Package
It will be used for its offshore wind investment in the UK.Tenaga Nasional Berhad (TNB) completed a EUR72m refinance package with two major lenders in the UK last December through its subsidiary Vantage RE for its offshore wind investment in the European
Nuclear Technology
22-01-2023
Xe-100 SMR attracts South Korean investment
South Korea’s DL E&C and Doosan Enerbility are to invest $25m in US-based X-energy to advance the deployment of its Xe-100 advanced small modular reactor (SMR). X-energy said this was a private round of financing pursuant to the company&
Nuclear Technology
18-01-2023
South Korean Investment in X-Energy
X-energy of the USA - developer of the Xe-100 high temperature gas-cooled small modular reactor (SMR) as well as TRISO advanced nuclear fuel - has announced a strategic investment of USD25 million from South Korea's DL E&C and Doosan Enerbilit
Offshore Wind Power
18-01-2023
CIP Enters Irish Offshore Market With Landmark Statkraft Deal
Image by shaunwilkinson on 123rfCopenhagen Infrastructure Partners (CIP) has acquired a 50% stake in Statkraft’s offshore wind portfolio in Ireland, a deal supporting CIP’s goal to develop 2.2GW of offshore wind in the country.The part
China news
16-01-2023
Dawei to Invest RMB 22 Billion in Projects Related to Lithium Resources
On December 28, 2022, Dawei Technology announced that it had signed an investment cooperation agreement with the government of Guiyang County. Under the agreement, Dawei will set up projects related to the comprehensive utilization of lithium resources, t
China news
16-01-2023
Chinese Solar Firm to Open a US Factory – A Manufacturing Win for Biden
China’s JA Solar, the world’s fourth-largest solar panel maker by capacity, is going to open its first factory in the US – a major win for the Biden administration, which has created a domestic clean energy manufacturing grow
Energy Investment
16-01-2023
White House Touts Biggest Single Investment in US Solar Energy by Korean Company
Korean solar power company Hanwha Q Cells will spend more than $2.5 billion to expand its Dalton, Ga., facility, the largest one-time investment in solar manufacturing in U.S. history, Biden administration officials announced.White House officials project
Energy Investment
09-01-2023
Qatarenergy, Us Giant Take Investment Decision on Massive $6 Billion Ras Laffan Complex
Qatari giant also awarded EPC contract for project's ethylene plant to pairing of Samsung Engineering and CTCIQatarEnergy and US giant Chevron Phillips Chemical have taken the final investment decision to build a massive petrochemical complex in Q
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Most views from Energy Economy
1
Toyo Invests In Japan’s Offshore Renewable Sector
2
Heads of State From Bahrain, Egypt, Tunisia and the Uae to Visit China
3
Renewed Focus On Energy Security Prompts Nearly $2 Trillion Investment in Clean Energy Since 2020, Iea Finds
4
China's Investment into BRI Countries Expands in Jan.-May
5
26 Offshore Blocks up for Grabs in Trinidad and Tobago’s 2025 Deepwater Oil & Gas Bid Round
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ABO Energy Secures 35 MW of Awards in German Solar Tender