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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
Singapore
19-01-2022
PetroChina Becomes Top 2021 Singapore Bunker Supplier
Chinese state-controlled PetroChina's Singapore subsidiary was the largest physical supplier of bunkers in Singapore last year.
19-01-2022
Together Energy Becomes the First Supplier to Collapse in 2022
The collapse leaves around 176,000 domestic customers behind
Oil Field
18-01-2022
TotalEnergies and Inpex Sell Shares in Mature Angolan Fields
French energy major TotalEnergies and Japanese player Inpex have agreed to sell a company holding two blocks located offshore Angola to an Angolan company as part of its strategy focusing on assets with low cost and low emissions.
Carbon Neutral
18-01-2022
Xi Addresses 2022 WEF Virtual Session
Achieving carbon peak and carbon neutrality are the intrinsic requirements of China’s own high-quality development and a solemn pledge to the international community.
RCEP
17-01-2022
RCEP to Boost Engine Company
Yuchai charts plans to expand and introduce more green products to overseas markets
Energy Investment
16-01-2022
Econergy Completes Acquisition of Swangate Energy Storage
European renewable energy project developer and operator, Econergy Renewable Energy, has successfully acquired a 100% share of Swangate Energy Storage Ltd, a 50MW storage project located in Yorkshire, Northern England from Yoo Energy.
Energy Storage Battery
14-01-2022
Econergy Acquires 50MW UK Storage
The Israeli developer has secured a 100% share for the Swangate project in Yorkshire
Oil Refinery
13-01-2022
Saudi Aramco Buys Stake In Refinery In Russia’s Backyard
Saudi Arabia is expanding its downstream presence and crude customers in Eastern Europe, traditionally Russia’s backyard, by buying a stake in a Polish refinery.
Energy Investment
13-01-2022
Apicorp and IsDB Collaborate on $1bn Infrastructure Financing Initiative
The multilateral lenders aim to address low private sector participation in funding energy projects
Energy Investment
12-01-2022
Invenergy Secures $3bn from Blackstone to Drive Clean Energy Platform
Chicago-based multinational utility Invenergy is set to expand its renewable energy business after securing approximately $3 billion in investment from global asset manager Blackstone.
Natural Gas
12-01-2022
Go Fuel Retail Additional Expansion Approved
Oil & Gas Regulatory Authority has granted permission to Gas & Oil Pakistan Limited to operate additional fuel storage facility as well as expand fuel retail network.
Market Analysis
11-01-2022
Goldman Sachs Invests in Hydrostor Energy Storage
Hydrostor Inc., a long-duration energy storage solution provider, has announced a preferred equity financing commitment of US$250 million from the Private Equity and Sustainable Investing businesses within Goldman Sachs Asset Management.
RCEP
11-01-2022
Japan Faces Dilemma of Standing with RCEP Stipulations
Economic ties between Japan and China face a test as Japan is being instigated by the US to curb technology exports to China.
Egypt
10-01-2022
Egypt Makes Great Strides Toward Green Economy
Egypt has made great strides in implementing its national strategy on green economy and is expanding its investments to carry out eco-friendly projects to improve the quality of life for its citizens.
Market Analysis
10-01-2022
Nuclear Energy will Require '€20 billion per year' Until 2050
Nuclear power will play a "fundamental role" in meeting Europe's energy demands, said EU Internal Market Commissioner Thierry Breton to French newspaper Journal du Dimanche.
EU
09-01-2022
EU Green Finance Rules to Include Nuclear and Gas Projects
A draft of the bloc’s green finance taxonomy sets out conditions for projects to receive transition funds.
Wind Energy Technology
07-01-2022
BW Ideol Signs Investment Agreement for Offshore Floating Wind Projects
The floating wind projects will be equipped with BW Ideol’s patented damping pool technology.
Offshore Wind Power
07-01-2022
NY Plans $500m Offshore Wind Supply Chain Spend
Governor Kathy Hochul pledges port investment and new 6GW grid
Solar Power Plant
07-01-2022
MOZAMBIQUE: Globeleq Closes Financing for Its Cuamba Solar Power Plant
UK-based independent power producer Globeleq has announced the financial close of its Cuamba solar project in Mozambique.
Energy Storage Technology
05-01-2022
RNESL to Acquire UK’s Battery Technology Firm Faradion
RNESL has also agreed to invest $33m in Faradion as growth capital to expedite commercial roll out.
RCEP
05-01-2022
RCEP Set in Motion, Giving a Shot in Arm to Global Economy
The Regional Comprehensive Economic Partnership, taking effect on Saturday, shines rays of hope through the dark clouds of unilateralism and protectionism.
EU
03-01-2022
Europe Plans to Say Nuclear Power and Natural Gas Are Green Investments
The draft proposal could help unleash a wave of investment, but critics say both sources of energy cause damage to the environment.
Energy Storage Battery
03-01-2022
Eolus Sells 120MW US Battery
The Swedish developer has secured a deal with Aypa Power for the Cald storage project in Los Angeles
Energy Investment
03-01-2022
Iran to Add 10GW to Renewable Energy Capacity
Iranian Energy Ministry and some of the country’s private contractors signed memorandums of understanding on Sunday for cooperation in the construction of renewable power plants to generate 10,000 megawatts (10 gigawatts) of electricity across the c
RCEP
31-12-2021
RCEP to Take Effect on First Day of 2022, Extend Asia-Pacific Industrial Chains in Closer Bond
The world will see the establishment of its largest trade bloc, the Regional Comprehensive Economic Partnership, from the beginning of 2022
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