Bill

LNG

CNPC Unit and Petrofac Among Winners of $2.1B Infrastructure Contracts for ADNOC’s Ruwais LNG

Rendering of the Ruwais LNG concept designThe contracts with a combined value of $2.1 billion encompass works on an LNG pre-conditioning plant (LPP), compressio…

Carbon Emissions

Milestone for Rinehart’s Lithium Play in Auto Heartland

A "pit to battery" lithium and renewable energy project backed by Australian billionaire Gina Rinehart is conquering carbon in the industrial heartland of Europ…

Nuclear Power Plant (NPP)

UK Consortium Advances Fusion-Grade Steel Production

NEURONE project billet leaving the caster and entering the product straightenerThe NEURONE (Neutron Irradiation of Advanced Steels) consortium is a GBP12 millio…

Oil & Gas Trade

Chevron to Complete $53BN Hess Corp Acquisition

Chevron Corp is reportedly well positioned to grow its free cash flow by $6 billion to $8 billion by next year, and lower expenses by a couple billion dollars, …

Electricity Transmission

Edison International Energy Firm Is Being Investigated for Possible Link to One of the LA Wildfires

Edison International, a multi-billion dollar energy company, is being investigated over a possible link to one of the wildfires burning in the Los Angeles area.…

Natural Gas

Norway Reports Record Natural Gas Exports From NCS in 2024

Gas production hit 124 billion standard cubic metres in 2024, surpassing 2022’s total of 122.8 billion.Norway achieved a record level of natural gas expor…

Electricity Transmission

Arizona’s Largest Utility Lands $1.81B Loan for Renewable Generation, Transmission Projects

Arizona Public Service Company (APS), the state’s largest electric utility, has secured a conditional commitment for a loan guarantee of up to $1.81 billi…

United States

Virginia Transformer Considers $6 Billion Sale

Transformers and power transmission lines.Virginia Transformer Corp. is exploring a sale that could value the US transformer manufacturer at more than $6 billio…

South Korea

Korea’s Nuclear Energy Exports Surge to Record 32 Trillion Won in 2023

Shin Hanul No. 1 and 2 reactors in UljinKorea's exports in the nuclear energy sector reached a record high of 32 trillion won ($21.9 billion) in 2023, data …

Crude Oil

Dangote Refinery Builds Eight More Tanks for Imported Crude

The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.A report by Africa Report has it that the r…

Electricity Transmission

KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion

American Electric Power Co. agreed to sell a minority stake in its transmission business to KKR & Co. and Canada’s PSP Investments for $2.8 billion.The in…

Crude Oil

BP Partnership to Boost ONGC Revenue by $10.3 Billion Over 10 Years

ONGC had in June last year floated a tender seeking foreign partners to reverse declining output at its flagship Mumbai High fields.State-owned Oil and Natural …

Nuclear Power Plant (NPP)

Poland Allocates Funds for Nuclear Plant

The Polish government has approved a plan to invest PLN 60.2 billion in the nation's first nuclear power plant between 2025 and 2030. This funding will supp…

Electric Vehicles

LG Energy Swings to $154M Operating Loss in Q4 on Still-Weak EV Demand

LG Energy Solution's battery plant in MichiganLG Energy Solution swung to an operating loss of 225.5 billion won ($154 million) in the fourth quarter of 202…

Carbon Emissions

Parliament Reintroduces Mandatory Greenhouse Gas Emissions Monitoring System

The Verkhovna Rada of Ukraine has endorsed a draft bill that reintroduces a mandatory system of greenhouse gas emissions monitoring, reporting and verification.…