Bill

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…

Offshore Wind Power

ØRsted Books Eur 1.6 Billion Impairment From Increased Costs, Sunrise Wind Delays in US

Ørsted has reported impairment losses of DKK 12.1 billion (approximately EUR 1.62 billion) for the fourth quarter of 2024, citing rising costs for its of…

Hydropower Plant

ADNOC Gas, EWEC Form New Partnership Underpinned by 10-Year, $10 Billion Natural Gas SPA

ADNOC Gas celebrated a new long-term strategic partnership with EWEC (Emirates Water and Electricity Company) to support the UAE’s energy transformation. …

Oil & Gas Trade

ADNOC’s Logistics Arm Transfers Tankers to Navig8, Will Cut Some Staff After Takeover

General view of the ADNOC headquarters is seen in Abu Dhabi, United Arab Emirates, December 23, 2018.Abu Dhabi National Oil Company's logistics arm has tran…

Oil Field

Iraq Declares Discovery of Huge Oil Field

The state-owned Iraqi Midland Oil Company said that it has discovered huge oil reserves in the East Baghdad oil fieldMohammed Yassin Hassan, director general of…

Hydropower Plant

DOE Awards $15 Billion to PG&E for Hydropower and Clean Energy Upgrades

The US Department of Energy (DOE) announced the approval of a $15 billion loan guarantee to Pacific Gas & Electric Company (PG&E) to fund clean energy initiativ…

Hydropower Plant

Ukrhydroenergo and Ebrd Extend Cooperation Into 2025

Ukrhydroenergo and the European Bank for Reconstruction and Development (EBRD) will continue their collaboration in 2025, following significant progress in thei…

Rooftop Solar

India’s Rooftop Solar Scheme Could Drive $13.9 Billion Opportunity

The Indian government’s PM-SGMBY subsidy scheme for residential rooftop solar has the potential to catalyze an INR 1.2 trillion ecosystem, said SBICAPS in…

Hydrogen Fuel Cell

Plug Power Gets $1.7 Billion Loan Guarantee From DOE to Produce Hydrogen Fuel

The U.S. Dept. of Energy (DOE) has continued to announce billions of dollars of loan guarantees to energy companies in the final days of the Biden administratio…

Oil&Gas Drilling

Libya Needs $3-4 Billion to Boost Oil Production, Bidding Round Expected Soon, Oil Minister Says

Libya's Acting Oil and Gas Minister Khalifa Abdulsadek and OPEC Secretary General Haitham Al Ghais shake hands during the Libya Energy & Economy Summit, in …

Metal

Australian Government Pledges $1.24 Billion in Green Aluminium Push

Australia's Labor government on Monday pledged A$2 billion ($1.24 billion) in production credits to help support the country's four aluminium smelters s…

Hydrogen Project

Arcelormittal Poland Advances Krakow Operations With New Hydrogen Furnaces

Over the two decades of its presence in Poland, the company has already invested almost PLN 2.5 billion in both rolling mills. The recently completed project to…