Bill

Electric Car

Toyota to Build $1.29 billion EV Battery Plant in North Carolina, Create 1,750 Jobs

Toyota will build a new $1.29 billion battery plant for electrified vehicles in North Carolina, the company announced Monday afternoon.

Power Cable

Nexans Confirms Oseberg Power Cable Deal

The contract, worth more than 80 million euros comes after Equinor and its partners sanctioned a ~$1,1 billion project to further develop the Oseberg field.

Wind Power Project

Adani Group to Develop 1,000 MW Wind Power Project in Sri Lanka's Mannar

Colombo, Dec 5 India’s Adani Group, owned by Indian business tycoon Gautam Adani, is to develop a 1,000 MW wind power project in Mannar in Sri Lanka, valued at…

Hydrogen Project

Huge $2.6 billion Green Hydrogen Project Planned for Europe

Hydrogen, which has a diverse range of applications and can be deployed in a wide range of industries, can be produced in a number of ways.

Hydropower Plant

Wudongde hits 50 billion kWh Mark in Power Generation

China Three Gorges Corporation has announced that the 10.2GW Wudongde hydropower station hit the milestone of generating 50 billion kWh of electricity on 27 Nov…

Oil & Gas Trade

Iraq’s Crude Exports Exceed 98 Million Barrels In Nov: Ministry

Iraqi Ministry of Oil said yesterday that, the country exported 98.19 million barrels of crude oil in Nov, bringing in revenues of about 7.59 billion U.S. dolla…

Nuclear Fusion

Equinor Ventures Increases Investment in Fusion

Equinor Ventures, the venture capital arm of Equinor, is increasing its investment in Commonwealth Fusion Systems as part of the Series B funding round to raise…

Natural Gas

Samsung Engineering Secures US$1.23bn Gas Development Project in Saudi Arabia

Samsung Engineering announced on Dec. 1 that it has signed a US$1.23 billion contract with Saudi Aramco for the Jafurah Gas Process Package #1 Project.

EU

EU unveils 300 billion Euro Answer to China's Belt and Road

The European Commission unveiled on Wednesday a plan to invest 300 billion euros globally by 2027 in infrastructure, digital and climate projects as a better al…

Coal Gasification

China’s Longest Coal-Bed Methane Pipeline Completes, Adding New Momentum to Natural Gas Supply

The Shanxi-Hebei section of the coal-bed methane pipeline starts from Lüliang in Shanxi and reaches Hengshui in Hebei, spanning a total length of 548.95 kilome…

United States

More Gulf of Mexico Work for Seadrill Rigs

While working to emerge from Chapter 11, offshore drilling contractor Seadrill has secured more work for its rigs in the U.S. Gulf of Mexico and added about $0.…

Electric Car

Nissan to Spend $17.6 billion Over 5 Years in Electrification Push

Nissan Motor Co announced it will spend 2 trillion yen over the next five years to accelerate vehicle electrification, betting tighter carbon emission restricti…

Crude Oil

Brazil’s Oil Major Plans To Invest $68 Billion In Boosting Production

Brazil’s Petrobras plans to invest $68 billion in expanding its crude oil production, a figure that represents 84 percent of its total planned investments for …

Smart Grid

Global Smart Meter Market to Record 7.76% Growth Through 2025

The global smart meter market will record an annual compound growth rate of 7.76% amounting to $11.19 billion between 2021 and 2025.

Hydrogen Project

US to Spend $9.5bn to Build Out 'Clean' Hydrogen

The infrastructure package will be a welcome boost for the US hydrogen industry, but more ambitious proposals are in a pending budget bill, writes Chris Knight