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Australia

Australian Billionaires Put More Money into $15 Bln Solar Power Export Project

Australia’s two richest men joined a A$210 million ($152 million) capital raising for an ambitious project to supply Singapore with solar power via an undersea…

Oil Pipeline

Marathon Petroleum Shuts Oil Pipeline After Leak in Illinois

Marathon Pipe Line Inc. has shut down a pipeline in Illinois that leaked crude oil into a local canal, the company said on Last Saturday.

Gas Turbine

GE Turbines Will Power New 2-GW Gas-Fired Plant in China

A new 2-GW natural gas-fired power plant in China, being built to support the coming retirement of a large regional coal-fired complex, will feature three GE 9H…

Energy Transition

Post-Merger with Aker BP, Lundin Energy Leaving Behind Oil & Gas Business to Focus on Renewables

Following the completion of the merger of Aker BP’s and Lundin Energy’s E&P businesses, the latter will remain with renewable energy assets, focusing on creat…

Oil Shale

U.S. Shale Producers Oasis, Whiting to Merge in $6 Bln Deal

U.S. shale oil and gas producers Oasis Petroleum Inc OAS.O and Whiting Petroleum Corp WLL.N will merge in a $6 billion deal, the companies said on Monday.

Wave Energy

Mocean Energy Secures Funds to Advance Blue Star Wave Technology

Scottish wave power firm Mocean Energy has secured $978,711in equity funding from private and public funders to accelerate the commercial roll-out of its wave e…

Israel

Israel Electric, UAE's Energroup to Partner on Hydrogen Generation

State-owned Israel Electric Corp (IEC) (ISECO.UL) and UAE-based sustainable investment firm Energroup signed a preliminary deal to develop blue and green hydrog…

Wave Energy

Scottish Wave Energy Firm Lands £730,000 Funding

A wave power company has secured a major new investment to speed up the commercial rollout of its technology.

Rooftop PV System

Mytilineos Completes South Korean Solar Project Construction

Mytilineos reaffirms its strategy of expanding its solar activity in markets around the world, announcing the completion of the construction of a 1.55 MW solar …

First Solar Shares Sink After Revenue Miss, Disappointing Guidance

​Shares of First Solar dropped more than 16% during extended trading Tuesday after the company reported missing revenue expectations during the fourth quarter …

Chevron Is Buying Renewable Energy Group for $3.15 Billion

Chevron will buy the biofuels company Renewable Energy Group for $3.15 billion, the companies announced on Feb. 28.

Energy Investment

Norway’s Equinor will End Investments in Russia, Exit Joint Ventures

Norway’s Equinor said Feb. 28 that it has decided to stop new investments in Russia and start exiting from joint ventures because of Russia’s invasion of Ukra…

Solar Power Plant

Cochin Airport to Be Power-positive With New Solar Plant from March 6

The Cochin International Airport Limited (CIAL), the world’s first airport fully powered by solar energy, is to become power-positive with the commissioning of…

Nord Stream 2

Germany's E.ON Rejects Halting Nord Stream 1 Pipeline

E.ON, Europe's largest operator of energy networks, rejected demands to shut down the Nord Stream 1 gas pipeline as part of sanctions against Russia for invadin…

Solar Developer Has Plan to Turn Oil Wells into Energy Storage

A California developer of concentrated solar power (CSP) systems has announced an innovation that it says combines the company’s technologies to turn existing …