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Energy economy
Oil Shale
High Profile Merger Creates A New $17 Billion Shale Giant
Cabot Oil & Gas Corporation and Cimarex Energy announced on Monday another merger in the U.S. shale patch in an all-stock merger of equals that would result in …
Hydropower Plant
ADB to Finance 300MW Hydropower Plant in Pakistan
The Asian Development Bank will offer a $300m loan to finance the construction of a hydropower plant in Pakistan.
Energy Investment
RWE and BASF Plan $4.9 billion Wind Power Project
Chemicals giant BASF and German utility RWE on Friday announced a potential 4 billion euro offshore wind power project to cut emissions at Germany’s most energ…
RCEP
Media, Think Tanks Set to Boost RCEP Exchanges
The Regional Comprehensive Economic Partnership agreement will help its participating countries forge more open economic relationships and improve trade liberal…
Coal-Fired Power Plants
G7 Countries Agree to Stop International Funding for Coal-Fired Power
Coal is considered unabated when it is burned for power or heat without using technology to capture the resulting emissions, a system not yet widely used in pow…
Hydrogen Project
Air Liquide to Refinance Hydrogen Projects with Launch of €500m Green Bond Issue
Air Liquide has launched its first green bond issue, raising €500m, that will be dedicated to financing and refinancing the development of several sustainable …
Energy Investment
Spain, Among the 10 Most Attractive Countries for Investment in Wind Energy
The United States and China hold the first and second place, respectively, followed by India.
Zimbabwe
Zimbabwean Energy Minister Says 40 pct of Fuel Should be Priced in Local Currency
Zimbabwe's energy minister Soda Zhemu has said 40 percent of its fuel should be sold in local currency.
Oil Field
BP in Talks to Sell 28% Stake in UK North Sea Field
The company had agreed last year to sell the Shearwater and Andrew projects to Premier Oil but the deal fell through
Solar Company
Deloitte Resigns as GCL-Poly Auditor Over Project Prepayment Vagueness
Deloitte Touche Tohmatsu is no longer the auditor of GCL-Poly Energy Holdings Ltd as the two were unable to reach a consensus on the scope of an independent for…
Wind Power Project
Trungnam Group Sells Stake in Wind Power Plant
The Trungnam Group has sold a 35.1 percent stake in its central Vietnam wind power plant to Japanese energy investor Hitachi Sustainable Energy
Tesla Stops Accepting Bitcoin As Payment
Less than two months after Tesla’s Elon Musk said the company will be accepting bitcoin as payment for EVs, the company’s CEO did a U-turn, tweeting that Tesl…
Power Construction
Two Major Grids' Profits See High-Voltage Rebound
Profits at China's two major power grid operators have witnessed a sharp rebound during the first quarter, thanks to the domestic economic recovery, and the tre…
Carbon Neutral
Eni to Splash €5.7 bln by 2024 in Carbon-Neutrality Push
Italian oil and gas company Eni has released its Eni for 2020 sustainability report, outlining the company’s path to face the global challenges.
Thermal Coal
China’s Coal Futures Hit Record As Exchange Tries to Cool Rally with Fee Hike
Prices have rallied 34 per cent so far this year as miners struggle to meet robust demand from the nation’s economic rebound.
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