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Oil & Gas Trade
Turkey to Receive 6 bcm of Natural Gas from Azerbaijan by June's End
The Trans Anatolian Pipeline will reach a milestone this month as six billion cubic meters (bcm) of natural gas is set to be delivered to Turkey by the end of J…
Oil & Gas Trade
Iran Pressures South Korea To Pay Debts For Oil Exports
The governor of Iran's Central Bank has threatened legal action against South Korea if the Asian country’s banks refuse to unlock billions of dollars owed to I…
Geothermal Power Plant
Calpine Secures $1.1bn Climate Funding for Geysers Power Company
Calpine Corporation, one of the leading producers of renewable geothermal energy, announced the closing of a $1.1 billion Climate Bonds Certified financing for …
Biobattery
EIA: Growth in Renewable Power Expected to Continue
In the electric power sector, biomass is expected to be used to generate 26.9 billion kilowatt hours of electricity this year.
Energy Technology
Germany Agrees Hydrogen Strategy to kickstart Electrolyzers for 2030s
Germany's government has agreed the details of the national hydrogen strategy with $10 billion to be set aside in the federal budget to kickstart growth in elec…
China Belt and Road
China Signed New Contracts for Water Conservancy Construction with 53 Countries Along the Belt and Road
Chinese companies have made non-financial direct investment in 53 countries along the Belt and Road to reach us $5.23 billion.
Offshore Wind Power
Iberdrola to Pour up to EUR 4bn in Renewables in France
Spanish power utility Iberdrola SA plans to invest between EUR 3 billion and EUR 4 billion over the next four years.
Power Construction
China to Construct 1,124MW Power Project in Pok Under CPEC
China under the multi-billion-dollar CPEC will set up a 1,124-megawatt power project in Pakistan-occupied Kashmir despite India's objection to it, according to …
LNG
Shell Weighs Sale of $2 Billion-Plus Stake in Queensland LNG Facilities
Royal Dutch Shell is considering raising more than $2 billion from the sale of a stake in the common facilities at its Queensland Curtis LNG plant in Australia,…
LNG
Consortium Commits $15bn Toward LNG Project in Mozambique
A mozambican LNG project is expected to sign an agreement in June 2020 with financing commitments of $15 billion.
Germany Drafts Offshore Wind Bill with 40 GW-by-2040 Goal, Dynamic Tendering Process
German Federal Ministry of Economy and Energy has issued a draft bill for an amendment of the Offshore Wind Act (WindSeeG), which outlines the country's goal fo…
Smart Grid
Smart Grid Infrastructure Investments in South America to Hit $18.1 Billion
Led by Brazil, Colombia and Chile, countries in South America will invest $18.1 billion in smart grid infrastructure over the next decade, according to smart in…
South Africa’s NERSA Gives Eskom Nod to Increase Tariffs
The National Energy Regulator of South Africa has approved Eskom’s request to recover R13.3 billion as part of the power utility’s regulatory clearing account…
Solar Power Plant
Algeria Set to Build $3bn Solar Power Plant
Algeria plans to build several solar power plants worth between $ 3.2 billion and $ 3.6 billion for export and domestic consumption.
UK Ofgem And National Grid Agree GBP60 Million Savings For Hinkley
National Grid PLC has agreed to reduce the cost of connecting the new Hinkley Point C K energy regulator said Friday, saving consumers "money on their billsnucl…
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