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China-Kazakhstan Economic Cooperation Paving Way for Next Golden Thirty Years

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China-Kazakhstan Economic Cooperation Paving Way for Next Golden Thirty Years

Romania
06-12-2022

MET Group Enters Romanian Renewables Market
Swiss-based European energy company, MET Group, has announced its entry into the Romanian renewables market, with the acquisition of a 100% stake in a solar project currently at a late planning stage.
Energy Investment
06-12-2022

North Star Raises £140 Million Investment to Build Next Wave of Renewables Fleet
North Star has secured a £140 million financing package to support the next phase of its offshore wind growth plan as it looks to broaden its position as the UK’s leading service operations vessel (SOV) operator and seize new opportunities in Europe.
06-12-2022

Petrofac Selected by Shell for EPS Services on Omani Project
EPS services provider will undertake three contracts including a five-year EPS contract for Shell’s Block-10 Mabrouk Phase 2 Project.
06-12-2022

ADNOC, Petronas Sign Abu Dhabi Unconventional Oil Resources Deal
Abu Dhabi National Oil Company (ADNOC) and Malaysia's Petroliam Nasional Berhad (Petronas) on Monday signed a deal awarding the first concession in the Middle East for unconventional oil resources.
05-12-2022

EDF Sold Excess Power on Sunday, Forced to Buy Back on Intraday Market
Nuclear operator EDF said in an online note that it accidentally sold 1.5 gigawatts (GW) of excess power on the day-ahead market on Sunday, requiring the company to buy back electricity contracts on the intraday market on Monday.
Oil Price
05-12-2022

Italy Expects to Raise $4.2 Billion From Windfall Tax and Power Price Cap
The Italian government expects to raise around $4.2 billion (4 billion euros) from a new windfall tax on energy companies and a price cap on the electricity produced by coal, fuel oil, or renewable power generation.
EU
05-12-2022

France’s €13.5bn Scheme to Compensate Energy-Intensive Firms Granted EU Approval
The scheme will cover part of the higher electricity prices arising from the impact of carbon prices on electricity generation costs incurred between 2021 and 2030
India
04-12-2022

Amazon, Vibrant Energy to Develop 300MW Renewable Projects in India
Once completed, it is expected to produce 1.163 million MWh of clean energy.
Energy Storage Battery
04-12-2022

Major Energy Players Seal Big Deals for Renewables
The world’s oil and gas majors, along with some of the largest utility companies, continue to invest in renewable energy as they develop diversified power generation project portfolios.
Carbon Emissions
30-11-2022

Rio Tinto to Invest $600 Mln More in Renewable Energy Assets
Rio Tinto Ltd plans to invest a further $600 million in renewable energy assets in the iron ore-rich Pilbara region of Western Australia, the miner said on Wednesday, as part of its aim to halve its carbon emissions by 2030.
Natural Gas
30-11-2022

Shell to Acquire Nature Energy
Shell Petroleum NV, a wholly owned subsidiary of Shell plc, has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners, and Sampension to acquire 100% shareholding of Nature Energy Biogas A/S for nearly US$2 billion.
Australia
29-11-2022

Zenith Energy Secures a$440m Debt Financing
It will be used for its new generation projects, amongst others.
29-11-2022

EDF Signs for Additional 2 Billion Euros of Loans
Debt-laden power giant EDF has signed for a total of 2.2 billion euros ($2.28 billion) in new loans maturing in three years, provided financial breathing space as reduced nuclear output weighs on its books.
Brazil
29-11-2022

Brazil's Transition Team Asks Petrobras CEO to Suspend Company's Divestment Plan
Brazil's government-elected transition team asked state-run oil company Petrobras' Chief Executive, Caio Mario Paes de Andrade, to suspend the company's divestment plan.
Denmark
29-11-2022

Shell to Buy Danish Firm Nature Energy for Nearly $2 Billion
Shell said on Monday it would acquire Danish biogas producer Nature Energy for nearly $2 billion, as it looks to boost its low-carbon business amid growing interest in biogas.
Energy Investment
28-11-2022

Canadian Banks Slammed for Continued Fossil Fuel Investments
Canadian banks are receiving backlash from investors for their continued investments in fossil fuels.
Japan
28-11-2022

BOJ to Conduct Annual Survey on Climate Finance to Nurture ESG Market
Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said on Sunday the central bank will conduct a survey annually of financial institutions and companies, seeking ways to nurture the country's growing climate finance market.
Oil Field
27-11-2022

Chinese Oil Giant Spends $1.9 Billion on 5% Stake of Huge Brazilian Oilfield
China’s oil and gas giant CNOOC has paid Brazil’s Petrobras $1.9 billion to buy 5% in the production sharing contract for the huge Buzios offshore oilfield, the Brazilian state oil firm said in a statement.
Indonesia
26-11-2022

Indonesia Bags $500m Loan for Energy Sector, Green Recovery
The loan was approved by the Asian Development Bank.
Net Zero Emission
25-11-2022

ANZ Earmarks $67 Bln to Accelerate Net Zero Transition
Australia and New Zealand Banking Group Ltd said on Friday it had earmarked A$100 billion ($67.63 billion) to help its customers lower carbon emissions by 2030, as the lender looks to accelerate its transition to net zero.
Canada
25-11-2022

Canada's Alberta Province Forecasts C$12.3 Bln Budget Surplus
Canada's main oil-producing province Alberta on Thursday forecast a C$12.3 billion ($9.2 billion) budget surplus for the 2022/23 fiscal year, but warned economic risks are increasing as high inflation.
Spain
25-11-2022

Spanish Windfall Tax on Banks, Energy Firms Clears First Hurdle
An amended windfall tax proposal for Spanish banks and large energy companies cleared its first hurdle in parliament in the early hours of Friday with the backing of the leftist ruling coalition and several regional parties.
Nuclear Reactor
25-11-2022

EDF Could Lose 5 Bln Euros from France's Windfall Tax -Les Echos
A planned French windfall tax on energy companies' profits during Europe's current energy crisis would likely cost debt-laden nuclear giant EDF around 5 billion euros ($5.20 billion) next year, newspaper Les Echos reported on Thursday.
Carbon Emissions
25-11-2022

Volatilia, Uzbek Gov’t to Develop up over 400MW Renewables
It will be divided into solar, wind, and battery storage.
United Kingdom
25-11-2022

UK’s Ofgem Says Household Energy Bills to Rise to Nearly $5,200/Year
British energy regulator Ofgem said its price cap for average household energy bills would rise by about 21% to 4,279 pounds ($5,170.74) a year from January to the end of March 2023.

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