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Norway
Norway Carbon Capture Plant Marks Milestone in Longship Project
Heidelberg Materials AG’s carbon-capture plant at the Brevik cement factory in Norway is fully assembled, the government said, marking a key milestone in …
Wind Farm
Naturgy Secures AUD 2.3 Billion in Financing to Boost Development of Its Photovoltaic and Wind Energy Portfolio in Australia
The group, through its international subsidiary Global Power Generation, has signed a financing line that will allow it to strengthen its liquidity and, at the …
Coal Mine
Mgen To Spend $2 Billion For Expansion
Meralco PowerGen Corp.(MGen), the generation arm of power giantManila Electric Co.(Meralco), has estimated a capital outlay of at least$2 billionto develop two …
Green Hydrogen
Australia Passes Guarantee of Origin Legislation, Boosting Green Hydrogen and Investor Confidence
The Australian Government has passed the Future Made in Australia (Guarantee of Origin) Bill through Parliament.The Guarantee of Origin (GO) scheme is a volunta…
Natural Gas
Saipem To Construct Platforms, Pipelines For Tangguh Gas/Co2 Capture Project
BP Berau has awarded the Saipem/PT Meindo Elang Indah consortium an EPCI contract for the newly launched Tangguh UCC project in Indonesia’s Papua Barat pr…
Energy Investment
Naturgy and the EIB Agree on a €1 Billion Loan to Invest in Solar Photovoltaic and Onshore Wind Energy Projects in Spain
Naturgy and the EIB have signed a first tranche of this financing worth €400 million of the total approved €1 billion. The loan will finance the start…
Electricity Transmission
EnergyConnect Transmission Project Reaches Tri-State Milestone
The New South Wales, South Australia, and Victoria power grids have been successfully connected with the $2.3 billion EnergyConnect transmission infrastructure …
Electric Vehicles
Rivian Receives Conditional Commitment for up to $6.6B Loan From DOE’s ATVM Program
EV manufacturer Rivian Automotive received conditional commitment from the US Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Loan…
Hydrogen Project
Germany Commits €24 Billion to Build National Hydrogen Network
KfW Development Bank has offered €24 billion ($25.2 billion) grant to bridge the gap between network operators’ high investment costs and the initial…
Ammonia
Hynfra to Produce 400,000 Tonnes of Green Ammonia in Egypt for European Export
Egypt’s General Authority for Investment and Free Zones (GAFI) is backing Hynfra in developing a 400,000-tonne-per-year green ammonia facility, with plans…
Crude Oil
ONEOK to Acquire EnLink's Remaining Issued Shares for $4.3 Billion
United States oil and gas pipeline operator ONEOK Inc. said Sunday it will purchase the remaining issued share capital of EnLink Midstream LLC, which it recentl…
Oil & Gas Trade
Blackstone, Eqt Form $3.5 Billion Gas Pipeline Venture
Funds managed by Blackstone Inc. agreed to invest $3.5 billion to create a joint venture with EQT Corp., enabling the U.S. natural gas producer to reduce its de…
Coal Trade
US Coal Miner Peabody Targets World Steel Market With Anglo Deal
With US demand for coal waning, Peabody Energy Corp. has struck a deal to shift its focus on targeting growth in the global steel market.Peabody, the biggest US…
Offshore Wind Power
£2 Billion Awarded for Superhighway to Transport Wind Energy
A £2 billion funding package has been awarded to build a proposed new subsea and underground 196km cable between Scotland and the north of England which w…
Solar project
Future Multi-Billion Dollar Transmission Upgrades to Boost Queenslands Grid-Scale Solar
An Oxford Economics Australia report has found electricity construction activity has been at a record high of $19.2 billion over FY24, and with an expected inve…
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