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Electric Vehicles
Ford Projects Mounting EV Losses for 2025, Q4 Profit Up
Ford Explorer electric cars stand in the hall at the start of production.Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle …
Offshore Wind Power
Mitsubishi Books $439 Million Charge on Japan Offshore Wind Projects
The logo of Mitsubishi Corp is pictured at its head office in Tokyo, Japan August 2, 2017.Japan's Mitsubishi Corp (8058.T), opens new tab took a 66.8 billio…
Photovoltaic (PV)
UK Policies ‘Put Post 2030 PV, Storage at Risk'
A combination of policies solar and storage is putting £26bn of investment at risk and could lead to higher energy bills, according to trade association S…
Electricity Transmission
Meralco Secures Senate Approval for Franchise Renewal
Manila Electric Company’s (Meralco) is just a few steps away from a franchise renewal after the Philippine Senate gave its final approval to the relevant …
Carbon Neutrality
Gov’t Pledges $88.6 Million to Drive Carbon Neutrality and Energy Stability
The logo of the Ministry of Trade, Industry and EnergyThe government will spend 129.3 billion won ($88.6 million) this year to support projects aimed at develop…
LNG
Hapag-Lloyd Unveils $4B Green Financing for 24 LNG Dual-Fuel Boxships
German shipping giant Hapag-Lloyd has revealed long-term financing totaling $4 billion for the 24 liquefied natural gas (LNG) dual-fuel boxships that the compan…
Oil & Gas Trade
Encino’s Owner Mulls $7 Billion Sale, IPO of Energy Producer
Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019.Canadian pension fund CPP Investments is weighing strategic options, including a sale or…
Oil and Gas Equipment
NEITI: Nigeria Needs $20 Billion Annually to Boost Gas Infrastructure
The Nigeria Extractive Industries Transparency Initiative (NEITI), said yesterday that Nigeria would need to inject $20 billion annually into its gas infrastruc…
Methane
Samsung E&a Secures $1.7 Billion Deal to Build UAE’s First Methanol Plant
UAE-based chemicals and transition fuels hub TA’ZIZ has taken the next step towards the construction of one of the world’s largest methanol plants b…
Crude Oil
Canada’s Stalled $12-Billion Oil Project Takes Step Forward With New FPSO Awards
Illustration of FPSO for Bay du Nord oil projectNorwegian state-owned energy giant Equinor has started the ball rolling to develop its controversial Bay du Nord…
Power Construction
Blackstone to Buy $1 Billion Virginia Power Plant Near Data Centers
Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023.The unit of Blackstone (BX.N), dedicated to investments in th…
LNG
Venture Global LNG Raises $1.75 Bln After Pricing US IPO
Model of LNG tanker is seen in this illustration taken May 19, 2022.Venture Global LNG (VG.N), opens new tab has raised $1.75 billion after pricing its U.S. ini…
LNG
HD KSOE Bags $2.6B Contract for 12 LNG Ships From Europe
HD Korea Shipbuilding & Offshore Engineering's liquefied natural gas container shipHD Korea Shipbuilding & Offshore Engineering (HD KSOE) said Thursday it h…
Crude Oil
Ecuador Eyes $42 Bln in Oil Sector Investments Through 2029
An infrastructure of Ecuador's state-run oil company Petroecuador is pictured outside of Nueva Loja, Ecuador May 3, 2022.Ecuador expects foreign oil compani…
Oil Refinery
Sri Lanka, China Agree to Fast-Track Sinopec’s $3.7 Billion Refinery in Hambantota
Sri Lankan President Anura Kumara Dissanayake with Chinese President Xi JinpingSri Lanka's foreign minister said on Wednesday that the island nation has sig…
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