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LNG

US Takes Over as World’s Largest LNG Exporter

LNG exports increased by 12% in the first half of 2022, averaging 11.2 billion cubic feet per day, compared with the second half of 2021

Smart Meter

Italgas – Smart Gas Networks at Core of Investments

Italian gas DSO Italgas is planning €8.6 billion (US$8.8 billion) investments in smart gas meters and other technologies and activities by 2028.

Crude Oil

Guyana Poised to Break $1 Billion in Oil and Gas Revenue This Year

Guyana’s government oil and gas revenue is set to surpass $1 billion in 2022.

Nuclear Fusion

Google and Chevron Invest in Nuclear Fusion Startup That’s Raised $1.2 Billion

Google and Chevron were part of a $250 million funding raise announced Tuesday for TAE Technologies, a nuclear fusion startup with an unconventional strategy th…

MENA Power Projects Forum 2022 to Focus On US$250 Billion Worth of Upcoming Power Projects in MENA Region

Power and utilities companies will have enough businesses as governments in the MENA countries plan to implement US$250 billion worth of power projects includin…

Uniper: How Long 2 Bln Euro Credit Facility Will Last Depends on Market

Embattled German utility Uniper said that how long a 2 billion euro ($2.02 billion) credit facility it drew down earlier Monday would depend on how the market d…

Nuclear Fusion

Investment In Nuclear Fusion Is Exploding

Nuclear fusion has attracted more than $2.8 billion in new investment over the past year.

United Kingdom

UK Approves 25% Windfall Tax on Oil and Gas Producers

British lawmakers have officially approved a 25% windfall tax on oil and gas producers that will earn the government nearly $6 billion in one year to put toward…

On-Site Energy Generation Could Wield Significant Savings for Companies

Research from Cornwall Insight, included in their report - ‘A corporates guide to decarbonising power’ - has demonstrated how on-site energy generation could …

Nigeria

Game Changing $1.3BN Funding for Nigerian Green Energy Project Launched

Image: PixabayUnder the Team Europe Initiative (TEI), the European Union (EU) has launched a $1.35 billion Nigerian Green Energy Project.The project is meant to…

Coal Price

Australia Forecasts Record Mining, Energy Export Sales for 2023

Australia's mining and energy export revenues are forecast to climb 3% to a record A$419 billion ($286 billion) in the year to June 2023, buoyed by surging coal…

Energy Transition

Australia Swiftly Needs $9 Bln in Grid Investment for Energy Transition

Australia urgently needs about A$13 billion ($9 billion) in transmission investments to jumpstart the transition to renewable energy, the country's energy marke…

Oil Shale

Exxon, Imperial to Sell Canada Shale Assets to Whitecap for $1.5 Billion

U.S. oil major Exxon Mobil Corp and Imperial Oil Ltd said on Tuesday they will sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Re…

Nigeria

Minigrids to Provide Power to Nigerians Not Currently Being Serviced

Nigeria has the world’s largest minigrid market valued at $9 billion and if explored, it could provide electricity to millions in country who are currently wit…

Amazon and Equinor Join Bill Gates to Back Ex-Tesla and First Solar Execs’ ‘Industrial Scale’ Green Hydrogen Tech

US start-up Electric Hydrogen draws stellar list of backers as it looks to deploy 100MW-plus electrolyser systems aimed at decarbonising heavy industry