Ale

Energy Investment

Aramco Closes $12.4bn Pipelines Deal with EIG-led Consortium

Sale of a 49% stake in Aramco Oil Pipelines attracted investors from North America, Asia and the Middle East

Distributed energy

Blockchain Crowdfunding Platform to Scale Solar, Mini-Grids in Sub-Saharan Africa

Engie Energy Access and Energy Web are to develop a decentralised finance crowdfunding platform to support electrification in sub-Saharan Africa.

Electric Car

Japan’s Mazda Outlines Boost to EV Sales Ratio

Japanese auto producer Mazda has a strategy to boost the ratio of electric vehicles to 25pc of all sales by 2030, planning to launch three new all-electric cars…

Natural Gas

Equinor Extends Heimdal Gas Center’s North Sea Service Contract to 2023

New wells at Valemon will extend profitable operations at Heimdal, which is processing gas from Valemon.

Uzbekistan

Uzbekistan Implements Large-Scale Reforms to Strengthen Energy Industry

Uzbekistan’s energy sector has taken major steps towards renewable energy sources and reducing CO2 emissions, boosting cooperation with its international partn…

Hydrogen Project

Worley to Design 50MW Green Hydrogen Facility in Ireland

Energy EPC company Worley has been appointed by energy company EI-H2 to help develop what’s been referred to as Ireland’s first commercial-scale green hydroge…

Electric Car

Kia to Expand Sales of Electric Vehicles in Europe with Uber

Kia and Uber have signed a partnership that offers purchase benefits for Kia's electric cars such as Niro EV to Uber drivers in Europe

Energy Storage Battery

LG Energy Solution's New TR1300 Operational At World's Largest Utility-Scale Battery Energy Storage Project

LG Energy Solution, South Korea's leading manufacturer of advanced lithium-ion batteries, recently supplied Vistra's Moss Landing Energy Storage Facility with i…

Crude Oil

Shell Considering Sale of Holdings in Largest U.S. Oil Field, Worth up to $10 billion

Oil giant Royal Dutch Shell is reviewing its holdings in the largest oil field in the United States for a possible sale as the company looks to focus on its mos…

Wind Power Project

GE Renewable Energy and Continuum Green Energy Sign Large Wind Power Project in India

GE Renewable Energy to supply, install and commission 55 sets of its 2.7-132 onshore wind turbines. The 148.5 MW wind farm to power the equivalent of 125,000 ho…

Electric Car

Amsterdam Expands EV Charging Stations with TotalEnergies

Oil and gas majors continue to play a critical role in accelerating the electrification of the transport sector as the energy transition intensifies.

Hydrogen Fuel Cell

BMW Hydrogen Fuel-Cell SUV Begins Real-World Testing

BMW's hydrogen fuel-cell prototype has begun testing on European roads; brand expects production version to go on sale in 2025

Carbon Emissions

German Energy Agency Urges Negative Emissions Plan

Germany needs a strategy to rapidly upscale and deploy negative greenhouse gas emissions technologies, the country's energy agency Dena said today.

Crude Oil

Mercuria Sees Opec+ Control Keeping Crude Around $70/bl

Crude prices are likely to stay at about $70/bl "for a while", as Opec+ will use some of its spare capacity and boost production if prices top $75/bl in order t…

Energy Storage Battery

GIG and Capbal to Develop Battery Storage Portfolio in the UK

Macquarie’s Green Investment Group has acquired a portfolio of development-stage utility-scale, distribution-connected battery storage projects in the UK from …