Bill

Battery

Rio Tinto to Invest $2.5b to Expand Rincon Lithium Project Capacity to 60,000 Tonnes Battery-Grade Lithium Carbonate per Year

Rio Tinto has approved $2.5 billion to expand the Rincon project in Argentina, the company’s first commercial-scale lithium operation, demonstrating its c…

Oil Field

Equinor Exits Nigeria, Completes $1.2bn Asset Sale to Chappal Energies

Equinor (EQNR.OL) has officially announced its exit from Nigeria after three decades of operations, concluding the sale of its assets to Chappal Energies for $1…

Hydropower Plant

Canadian Provinces Reach Multi-Billion Dollar Deal Over Power From Churchill Falls Hydroelectric Plant

They’re tearing up treaties in the Great White North. Literally.At a packed press conference today in its capital of St. John’s, Newfoundland and La…

Wind Farm

Ørsted Sells Half of Changhua 4 Offshore Wind Farm to Taiwan’s Insurance Company

Ørsted has sold a 50 per cent ownership share in the Greater Changhua 4 offshore wind farm to Taiwanese insurance company Cathay Life Insurance, and its …

Electric Vehicle Charging

CEC Approves $1.4B Plan to Expand Zero-Emission Transportation Infrastructure

The California Energy Commission (CEC) approved a $1.4-billion investment plan that accelerates progress on the state’s electric vehicle (EV) charging and…

Electric Vehicle Battery

Stellantis and CATL to Invest up to €4.1B in Joint Venture for Large-Scale LFP Battery Plant in Spain

Stellantis and CATL will invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plan…

Nuclear Power Plant (NPP)

Canada Considers Financing for Polish Nuclear Power Plant

Polskie Elektrownie Jądrowe announced it has received a letter of intent from Export Development Canada, for up to CAD2.02 billion (USD1.45 billion) to potenti…

Wind Farm

EU Approves €2.6bn Estonian Aid for Offshore Wind

[Image: Renews]The European Commission has approved a €2.6 billion Estonian scheme to support renewable offshore wind energy to foster the transition towar…

Wind Farm

EU Clears EUR 2.6 Billion Support Scheme for Offshore Wind in Estonia

The European Commission (EC) has approved a EUR 2.6 billion scheme to support the development of renewable offshore wind energy in Estonia.The scheme was approv…

Oil&Gas Drilling

48 Billion Boe Potential: Indonesia Offers Six More Blocks

Indonesia’s Ministry of Energy & Mineral Resources (ESDM) has unveiled the country’s second acreage offering of 2024.Six blocks are on the table wit…

Natural Gas

Iran’s Annual Gas Production Reaches 275 Bcm: Oil Minister

Iran’s annual natural gas production has reached 275 billion cubic meters despite the United States’ unilateral and cruel sanctions, said Oil Minist…

Oil Field

Oil Producers Finalise $1.2b Acquisition as Norwegian Firm Exits Nigeria

Nigeria’s independent oil producer, Chappal Energies, has finalised the $1.2 billion acquisition of Norwegian oil giant, Equinor Nigeria Energy Company (E…

Green Hydrogen

UAE-Morocco Venture to Invest $25 Bln Green Hydrogen Project

Project is based in Dakhla city in Morocco.A UAE-Moroccan private venture is planning to pump nearly $25 billion into a green hydrogen and ammonia project in th…

Gas Pipeline

Energy Transfer to Build Nearly $3 Billion New Gas Pipeline in the Permian Basin

Energy Transfer LP, the company that acquired Oklahoma City-based Enable Midstream in a $7.2 billion deal three years ago is expanding its operations in a nearl…

Pumped Storage

Borumba Project Cost Rises to $18 Billion; Completion Delayed

The cost of the Borumba pumped storage hydro project has increased by $4 billion, bringing the total to over $18 billion, according to a new report by Queenslan…