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Power Construction

Tajikistan’s Electricity Production Increases

In 2024, Tajikistan’s total electricity production hit 22.427 billion kWh, marking a 3 percent increase, or 567.2 million kWh, compared to 2023, referring…

Hydropower Plant

Neoenergia Sells Baixo Iguaçu Stake to EDF and STOA

Iberdrola’s Brazilian subsidiary, Neoenergia, has sold its 70% stake in the Baixo Iguaçu Hydroelectric Power Plant to French electricity company ED…

Electric Vehicles

Trump Administration Pauses $3 Billion Marked for Electric Vehicle Charging Stations

An electric car charges at a mall parking lot on June 27, 2022 in Corte Madera, California.The Trump administration has paused a federal clean energy program to…

Hydrogen Project

Spanish Avalon to Invest €8 Billion in Hydrogen and Derivatives Projects

Spanish energy company Avalon Renovables plans to invest around €8 billion in the development of green hydrogen and derivatives projects in different locat…

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…