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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
Oil Shale
12-11-2021
Petrobras Sells Shale Oil Unit to Canadian Bank
Brazil's state-run oil company Petrobras signed a contract to sell its Shale Industrialization Unit for $33 million to Forbes & Manhattan Resources
Oil Field
12-11-2021
Tullow Oil Set to Increase Stake in Oil Fields in Ghana
Company is exercising its pre-emption rights related to sale of Occidental Petroleum’s interests to Kosmos Energy
Energy Technology
12-11-2021
Schneider Electric Unveils Technologies for Energy Sector at ADIPEC 2021
Schneider Electric will be showcasing a range of technologies that can help energy companies become both more efficient and sustainable at this year’s ADIPEC 2021
11-11-2021
Vestas Inks Transport Deal with Maersk
Long-term strategic partnership for all containerised transport
EV Market
10-11-2021
Opibus Secures SSA’s Largest-Ever Fundraise in Electric Mobility
The investment is the largest ever in an electric mobility company in sub-Saharan Africa and is aimed to scale its operations in electric motorcycle and bus manufacturing.
10-11-2021
CIIE Helps Exhibitors Find Access to Chinese Market
Influenced by a new type of consumers and buoyed by the upcoming shopping season in China, exhibitors at the ongoing China International Import Expo have been showcasing more varied products and new marketing methods.
RCEP
10-11-2021
Chinese Enterprises Embrace Opportunities with RCEP Taking Effect
Su Feili, owner of a foreign trade company in south China's Guangxi Zhuang Autonomous Region, was excited when learning that the Regional Comprehensive Economic Partnershipagreement, the world's largest free trade pact, will take effect on Jan. 1,
United States
09-11-2021
US Energy Prices Likely to Rise as Result of Winter Heating Pressure
US consumers will be hit with much larger heating bills than last year due to surging energy prices.
United Arab Emirates
09-11-2021
EGA Completes Expansion of Al Taweelah Smelter to Boost Production Capacity
Company sold 1.18 million tonnes of cast metal to customers in more than 50 countries during the first half of 2021
Energy Investment
05-11-2021
KKR Invests $2bn in South Korean Energy Company SK E&S
Global investment firm KKR has invested KRW2.4trn, on behalf of its Asia Pacific infrastructure fund in South Korean energy company SK E&S.
Morocco
05-11-2021
Morocco to Mobilize Global Investment of $1.6 Billion in Wind Energy
Morocco will mobilize global investment of around 14.5 billion dirhams ($1.6 billion) in a wind energy program, its foreign ministry said in a tweet on Tuesday.
Energy Security
05-11-2021
Coal Shortage, Higher Energy Prices Driving Rising Inflation
Higher energy prices to drive up global inflation to 3.23% in 2021, says research.
RCEP
04-11-2021
RCEP Free Trade Pact to Take Effect in January
The Regional Comprehensive Economic Partnership, or RCEP, will come into effect in January.
Offshore Wind Power
04-11-2021
SSE Pacifico to Tackle Japanese Offshore Wind Market
SSE Renewables has formed a new joint ownership company called SSE Pacifico to pursue the development of offshore wind projects in Japan.
Electrification
03-11-2021
COP26: New Alliance to Unlock $100bn for Renewable Electrification
The Global Energy Alliance for People and Planet will be launched today at COP26 to accelerate investment in green energy transitions and renewable power solutions in emerging economies worldwide.
Offshore Wind Power
03-11-2021
Eni Acquires Stake in Dogger Bank C Wind Project
Eni has strengthened its presence in the UK offshore wind market by entering into an agreement with Equinor and SSE Renewables to acquire a 20% stake of the 1.2 GW Dogger Bank C project.
Energy Investment
02-11-2021
More Investment in Supply Side of Gas Need of the Hour: GECF
As the climate crisis threatens to provoke an energy crisis, the world should approach decarbonisation carefully to prevent artificial acceleration of ‘greening’ the international agenda at the expense of true sustainability.
Wind Farm
02-11-2021
Siemens Gamesa Signs $400m Vietnam Agreement
Deal with BCG Energy inked on the sidelines of COP 26 in Glasgow
Electric Car
01-11-2021
Geely-Owned Volvo to Raise Over $2b in Stockholm IPO
Geely-owned automaker Volvo Car AB made its trading debut in Stockholm, Sweden on Friday, raising over $2 billion for its future development, especially in the new energy sector.
O&M
01-11-2021
RES Completes Sale of Its Development and Construction Business
RES, one of the world’s largest independent renewable energy companies, has completed the sale of its development and construction business in France to Hanwha Solutions, following regulatory approvals and notifications.
Coal-Fired Power Plants
01-11-2021
G-20 Leaders Pledge to End Financing for Overseas Coal Plants
The leaders issued their final communique Sunday at the end of a two-day summit, ahead of talks at a broader U.N. climate change summit, COP26, this week in Glasgow, Scotland.
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.
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