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Oil & Gas Trade

Carlyle Sells Gabon Oil Firm to France's Maurel & Prom for $730 Mln

The logo of the Carlyle Group is displayed at the company's office in Tokyo, Japan October 17, 2018. REUTERS/Issei Kato/File Photo Acquire Licensing RightsP…

Energy Investment

Oil Drops Over 1% On Worries About Chinese Economy

A VLCC oil tanker is seen at a crude oil terminal in Ningbo Zhoushan port, Zhejiang province, China May 16, 2017. Picture taken May 16, 2017. REUTERS/Stringer /…

Energy Investment

Brazil's Petrobras Hikes Fuel Prices After 'Abrupt' Global Spike

A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/ Acquire …

Carbon Capture

Occidental Buys Carbon Air Capture Tech Firm for $1.1 Billion

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…

Oil Price

Woodside Energy Set to Log Strong First-Half Profit on Resilient LNG Prices

Australia's Woodside Energy Group's exhibition booth is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. REUTERS/Florence Tan/F…

LNG

Golar LNG and NNPCL agree on joint gas development for FLNG project

In its interim results for the period that ended in June 2023, Golar LNG said it signed heads of terms with Nigeria National Petroleum Corporation for the joint…

Hydropower Plant

Models Suggest Dropping Costs of Solar and Wind Power in Africa May Make Hydro Power Obsolete

A team of hydrologists and bioengineers affiliated with several institutions across Europe has found, via modeling, that building dams to generate hydroelectric…

Distributed energy

EDP to Invest $2.7 Billion in Distributed Energy Globally

Portugal’s EDP has reported that it plans to invest €2.5 billion ($2.7 billion) in distributed solar generation globally up to 2026.To date, EDP repo…

Oil & Gas Technology

Turkmenistan Fully Capable of Financing Trans-Caspian Gas Pipeline Project - Ex-us Ambassador

If Turkmenistan does not act before the EU lines up alternate sources of gas, the Trans-Caspian Pipeline project will become unviable, Allan Mustard, co-founder…

Offshore Wind Power

Companies Pay Almost €800M for Right to Build Offshore Wind Farms in German Tender

Investors have agreed to pay €784 million $A1.32 billion) for the right to build wind farms in four locations in the North Sea in Germany’s latest of…

Wind Turbine

Siemens Energy Addresses Quality Issues in Onshore Wind Turbines

Siemens Energy’s wind division, Siemens Gamesa, has resolved quality problems with its onshore wind turbines currently being sold to customers, according …

Oil&Gas Drilling

CNPC's Daqing Unit Awarded $194 Mln Drilling Contract in Iraq

A woman walks past the China National Petroleum Corporation (CNPC) booth during the 2021 China International Fair for Trade in Services (CIFTIS) in Beijing, Chi…

Carbon Capture

US Awards $1.2 Billion to Oxy, Climeworks-Led Carbon Air Capture Hubs

A view of a computer-rendered image of Climeworks' Mammoth direct air capture plant, is seen in this undated handout picture obtained by Reuters June 28, 20…

Wind Farm

Germany Economy Ministry Supports 'Fair' Distribution of Wind Power Expansion Costs

A wind turbine stands out against the sky as the sun sets over the Black Forest Brandenkopf lookout near Oberharmersbach, Germany, November 13, 2022. REUTERS/Jo…

Solar Panel

EDP Bets on Distributed Solar Generation with €2.5bn Investment

Portugal’s EDP has reported that it plans to invest €2.5 billion ($2.7 billion) in distributed solar generation globally up to 2026.To date, EDP repo…