Bill

Nuclear Reactor

Bill Gates’ Terrapower to Build Reactor Demo Project in Wyoming

TerraPower, PacifiCorp and Wyoming Governor Mark Gordon have teamed up to install a Natrium reactor demonstration project at a retiring coal plant in Wyoming.

Energy Investment

EU, Bill Gates form $1 billion Clean Energy Pact

The European Commission and Bill Gates joined forces in an initiative that wants to mobilize as much as $1 billion investment in clean technologies such as gree…

Oil Field

Exxon, Equinor Invest $8 Billion In Developing Oilfield Off Brazil

Norway’s Equinor and U.S. supermajor ExxonMobil have reached the final investment decision to develop the Bacalhau oilfield in Brazil’s prolific pre-salt area…

Energy Investment

Rosatom Issues “Green Bonds” for 100 billion Rubles to Finance Its Projects

The Moscow Exchange registered the exchange-traded bonds program of Atomenergoprom JSC, the company holding Rosatom’s civil assets.

Energy Transition

Greece Eyes Green Energy Shift with $21 billion in Projects

Greece’s plan for using European Union funds to combat the effects of the coronavirus pandemic will accelerate the nation’s transition from fossil fuels to a …

Power Cable

Germany, Norway Flip Switch on $2.4 billion Undersea Energy Link

The 2-billion-euro project, called Nordlink, will allow Germany to export excess electricity from its wind parks to Norway, effectively banking it in Nordic nat…

Natural Gas

Adnoc Signs 10-Year Gas Supply Agreements with Emirates Steel and Arkan

Adnoc has the potential to produce 11 billion cubic feet of natural gas and over 1 billion cf of sour gas per day

Oil Shale

High Profile Merger Creates A New $17 Billion Shale Giant

Cabot Oil & Gas Corporation and Cimarex Energy announced on Monday another merger in the U.S. shale patch in an all-stock merger of equals that would result in …

Oil Pipeline

Tanzania, Uganda Finalize Oil Pipeline Deal

Tanzania and Uganda have signed a fifth and final government agreement that will greenlight the construction of a $3.5-billion pipeline that will carry crude pu…

Energy Investment

RWE and BASF Plan $4.9 billion Wind Power Project

Chemicals giant BASF and German utility RWE on Friday announced a potential 4 billion euro offshore wind power project to cut emissions at Germany’s most energ…

Oil Refinery

Australia To Keep Viva & Ampol Refineries Operating

Australia has agreed to pay its last two oil refineries up to A$2.3 billion through 2030 to keep the struggling plants open and protect the country's fuel secur…

Oil Field

Iran to Award $1.8 Billion Gas Field Contract to Local Company

Iran’s Petropars Ltd. will be awarded a $1.78 billion contract by the National Iranian Oil Co. to develop the giant Farzad-B gas field that was previously inte…

Market Analysis

Geothermal Energy Market to Hit $50 billion by 2027

The geothermal energy market value is set to cross $50 Billion by 2027.

Market Analysis

Potential and Benefits of Blue Ammonia As a Clean Fuel of the Future

According to the latest edition of the GECF Global Gas Outlook 2050, the demand for natural gas is expected to increase by 50% from 3,950 billion cubic metres i…

Oil Field

Keppel Snatches Contract to Build FPSO for World’s Largest Deepwater Oil Field

Brazilian oil and gas giant Petrobras has signed a $2.3 billion worth contract with Keppel Shipyard to build the P-78 FPSO, the seventh unit to be installed in …