Bill

Oil Price

Oil Patch in Canada Has $24B Shield Against Trump Tariffs

The expansion of Canada’s Trans Mountain pipeline represented a $24 billion bid to help the country’s oil producers reduce their near-total reliance…

Geothermal Power Project

Kengen Seeks Funding for Additional 800 MW Geothermal Development in Kenya

KenGen is engaging with financial institutions to raise USD 4.5 billion to support 1500 MW of installed capacity addition, with 800 MW coming from geothermal.Ke…

Germany

TotalEnergies to Acquire Germany’s VSB Group

France’s TotalEnergies is set to buy German renewables company VSB Group for €1.57 billion ($1.65 billion). It has also agreed to sell 50% of a 2 GW …

Hydropower Plant

Pakistan's Hydroelectric Power Development

Pakistan and Germany have initiated serious discussions of German funding of eight ongoing and new hydropower projects worth billions of dollars. These talks ar…

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…