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Natural Gas

Gazprom Greenlights $15 Billion Investment Plan to Bolster Gas Production Capacity

The board of directorates of Russia’s giant Gazprom has given its seal of approval for the firm’s projected investment program and budget for next y…

Crude Oil

Oil Firms in Iraqi Kurdistan Demand Compensation of $24 Billion

Nine oil companies operating in the Kurdistan region of Iraq requested compensation of $24 billion because of the suspension of oil exports through Turkey.Econo…

Energy Investment

Gazprom Greenlights $15 Billion Investment Plan to Bolster Gas Production Capacity

The board of directorates of Russia’s giant Gazprom has given its seal of approval for the firm’s projected investment program and budget for next y…

Oil&Gas Drilling

Vermilion Energy Announces $1B Deal to Buy Westbrick, Bolstering Scale in Deep Basin

Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion.The Calgary-based company says the trans…

Oil Field

Iraq’s Artawi Oil Field Gets Ready for a Massive Boom

A gas processing facility in Artawi, near Iraq’s southern port city of Basra. Photo: AFP/Hussein FalehBaghdad (IraqiNews.com) – The Artawi oil field…

Natural Gas

Uzbekneftegaz Forecasts Gas Production Decline to 26.5 Billion Cubic Meters by 2025

Bakhodirjon Sidikov.Photo: President's press serviceUzbekistan’s largest gas producer Uzbekneftegaz predicts a further drop in production to 26.5 bill…

Natural Gas

Saipem Wins $900M EPCI Contract From Shell’s $5BN Offshore Project in Nigeria

Saipem, in a consortium with two Nigerian companies, has secured an offshore contract worth around $1 billion with Shell for a deepwater oil and gas project off…

Electricity Transmission

New Transmission Project Approved in NSW to Connect Snowy 2.0 to the Grid

The $4.89 billion HumeLink transmission project, a critical component in connecting the Snowy 2.0 expansion to Australia’s electricity grid, has received …

Norway

Equinor Completes EUR 2.2 Billion Ørsted Buy-In

Equinor has completed the acquisition of a 10 per cent stake in Ørsted, announced this October. The share purchase, which cost Equinor USD 2.3 billion (a…

Solar project

JA Solar to Invest in Solar Manufacturing Hub in Oman

JA Solar has revealed plans to invest CNY 3.957 billion ($542 million) to build a factory in Oman with 6 GW of solar cell capacity and 3 GW of PV module capacit…

Solar Power Plant

Qcells Secures $1.45 Billion of DoE Support for Solar Plant in Georgia

The US Department of Energy (DoE) has finalized a $1.45 billion loan guarantee to Hanwha Qcells to support its solar plant in the state of Georgia. It aims to r…

Oil Exploration

Pakistan Spent Rs. 430 Billion on Oil and Gas Exploration in Last 3 Years

The Senate Standing Committee on Petroleum, chaired by Senator Umar Farooq, held a meeting where petroleum officials provided a detailed briefing on oil and gas…

Wind Farm

Iberdrola Working With Norfolk for Its East Anglia Two Offshore Wind Farm

The pre-assembly and load-out of the wind turbines for ScottishPower Renewables £4 billion East Anglia TWO offshore wind farm is set to be carried out on …

Wind Power Project

Hitachi Energy Wins HVDC Contracts Worth Over EUR 2 Billion From Amprion

Hitachi Energy has signed contracts, totalling over EUR 2 billion, with German transmission system operator (TSO) Amprion to deliver four converter stations for…

Electricity Transmission

Major NSW Transmission Projects Get a Towering $1.9 Billion CEFC Investment

The Clean Energy Finance Corporation has committed up to $1.9 billion to back developer Transgrid in delivery of tranmissions projects HumeLink and the New Sout…