Energy economy

Oil Field
Petrobras, Karoon Agree on Changes to Terms of $665 mln Sale of Baúna Field Stake
Under the new terms, Karoon is paying an initial $380 million to Petrobras, including a $49.9 million downpayment made on July 24.
Energy Investment
Brazil’s Eneva Offers $1.4bn to Acquire Stake in AES Tiete
Brazilian power generation company Eneva has reportedly submitted an offer of a $1.44bn (BRL7.5bn) to acquire a controlling stake in AES Tiete Energia.
Oil & Gas Trade
Sinopec Unit Sells Gas Pipeline Asset to PipeChina
China's new oil and gas pipeline company PipeChina has made its first purchase of gas infrastructure assets.
Energy Investment
Efficiency Companies Raise $858 Million In VC Funding In 1H 2020
Funding into Battery Storage and Efficiency companies was down in the first half of 2020
Aker 2Q13 Earnings Impacted by Order Delays and Cancelations
Aker Solutions reported revenues of NOK 11.9 billion in the second quarter of 2013, compared with NOK 11.9 billion in the second quarter of 2012
United Kingdom
Centrica to Sell US Business for $3.6bn as First-Half Profit Falls
British Gas owner Centrica said it was selling its US energy business to NRG Energy $3.6bn (£2.87bn) as part of a plan to turn the company around.
Energy Investment
Minister Pun Urges Bangladesh to Invest in Nepal’s Hydropower
The government has urged the Bangladesh government and the private sector to invest in Nepal’s hydropower sector.
Energy Investment
bp Expands Footprint in India's Renewables Sector with GGEF Investment
Global energy company bp has announced it will invest $70 million to support the growth of renewable energy in India.
Offshore Wind Power
GIEK's Offshore Wind Portfolio Quadruples in H1 2020
The offshore wind portfolio of the Norwegian Export Credit Guarantee Agency has quadrupled since the end of last year.
Chevron to Buy Noble Energy in Deal Valued at $5 billion
Oil major Chevron has entered into a definitive agreement with Noble Energy to acquire all of the outstanding shares of Noble Energy in an all-stock transaction…
Wind Energy Technology
Australian Start-up Raises $1.3m for World-First Wind Farm Monitoring Device
Australian tech start-up, Ping Services, has raised a $1.3 million Seed funding round to accelerate growth and scale up manufacturing of Ping Monito.
Energy Investment
ARENA Shortlists Seven Companies for $70 million Hydrogen Funding Round
The Australian Renewable Energy Agency has announced seven companies have been shortlisted and invited to submit a full application.
China
Risen Energy secures contract from Xinghai Group in Vietnam
China’s photovoltaic (PV) module producer Risen Energy has secured an engineering, procurement, and construction (EPC) contract from Xinghai Group in Vietnam.
Energy Investment
Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets
Brazil's Ibitu Energia has reportedly planned to invest nearly $837m in renewable energy assets over the next five years.
Energy Investment
U.S. Department of Energy Announces $21 Million for Research in EPSCoR States
Today, the U.S. Department of Energy announced $21 million in funding for 31 research projects under the federal Established Program to Stimulate Competitive Re…

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Energy economy

Petrobras, Karoon Agree on Changes to Terms of $665 mln Sale of Baúna Field Stake

Brazil’s Eneva Offers $1.4bn to Acquire Stake in AES Tiete

Sinopec Unit Sells Gas Pipeline Asset to PipeChina

Efficiency Companies Raise $858 Million In VC Funding In 1H 2020

Aker 2Q13 Earnings Impacted by Order Delays and Cancelations

Centrica to Sell US Business for $3.6bn as First-Half Profit Falls

Minister Pun Urges Bangladesh to Invest in Nepal’s Hydropower

bp Expands Footprint in India's Renewables Sector with GGEF Investment

GIEK's Offshore Wind Portfolio Quadruples in H1 2020

Chevron to Buy Noble Energy in Deal Valued at $5 billion

Australian Start-up Raises $1.3m for World-First Wind Farm Monitoring Device

ARENA Shortlists Seven Companies for $70 million Hydrogen Funding Round

Risen Energy secures contract from Xinghai Group in Vietnam

Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets

U.S. Department of Energy Announces $21 Million for Research in EPSCoR States