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Natural Gas

Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion

Pending arbitration claims against liquefied natural gas exporter Venture Global LNG Inc. from several of its customers have grown to nearly $6 billion, accordi…

United States

Two Major US Pro-geothermal Bills Pass House of Representatives Deliberation

Two major proposed bills that seek to accelerate the development of geothermal projects in the United States have recently been approved by the House of Represe…

Pumped Storage

South Africa Treasury to Suspend Municipal Funds Over Water Debt

South Africa’s Treasury plans to withhold funds from five municipalities next month over their unpaid water bills, part of an effort to compel local gover…

Crude Oil

Ovintiv to Acquire Alberta Montney Assets for $2.4B

Ovintiv Inc. is acquiring Montney assets in Alberta from Paramount Resources Ltd. in an all-cash transaction valued at approximately $2.377 billion (CAD 3.325 b…

Oil & Gas Trade

ONEOK Agrees to Sell Interstate Gas Pipelines To DT Midstream For $1.2 Billion

ONEOK Inc. has signed an agreement to sell its three wholly owned interstate natural gaspipelinesystems to DT Midstream Inc. for $1.2 billion in cash. The deal,…

Battery

Microporous to Invest $1.35b in Separator Plant in Virginia

Microporous LLC, a leading manufacturer of battery separators, will invest $1.35 billion to establish a new manufacturing facility in Pittsylvania County, Virgi…

Hydropower Plant

Acciona Energía Sells 801mw Of Hydropower Assets In Spain

ACCIONA Energía has recently finalized two major transactions, divesting a total of 801MW of hydropower assets in Spain for over €1.29 billion as pa…

Oil Price

Petrobras Outlines $111 Billion, Five-Year Spending Proposal

Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year plan.The Brazilian oil giant’s…

Offshore Wind Power

New Massachusetts Bill Extends Offshore Wind Contracts to 30 Years, Heads to Governor’s Desk

The Massachusetts State Legislature has passed a clean energy bill aimed at strengthening future offshore wind contracts. Among other provisions, the bill would…

Coal Technology

US Raises Import Tariff for Nippon Steel After Review

The US Commerce Department has ratcheted up tariffs on Nippon Steel Corp. just as the Japanese steelmaker made an anti-import promise to gain support for its $1…

Solar Technology

Lowest Cost of Heat for Modular Sodium CSP? A “Billboard” Solar Receiver With a “Cartesian” Heliostat Layout

High-temperature liquid sodium receivers able to run at over 700°C may allow use of modular multi-tower system configurations similar to that being develope…

Energy Investment

Octopus Exceeds $2bn Offshore Wind Investment in Just Two Years

Octopus Energy has surpassed $2 billion in offshore wind investments in two years, aiming to accelerate global offshore wind developmentsOctopus Energy has anno…

Solar project

Chinese PV Industry Brief: Tongwei Starts Due Diligence on Bid for Runergy

Tongwei has initiated due diligence on its CNY 5 billion ($691.8 million) bid to acquire Chinese solar maker Runergy, aiming to secure at least 51% of its equit…

Energy Investment

The EU Wind Power Gets €5 Billion EIB Investment Support

The European Investment Bank (EIB) is starting a €5 billion program to help European companies that make wind energy equipment by giving Deutsche Bank AG i…

Photovoltaic （PV）

Adani Group to Invest $10 Billion in US Energy, Infrastructure Projects

Gautam Adani, Chairman of the Adani GroupAdani Group chairman Gautam Adani said this week the Group will invest $10 billion in US energy security and infrastruc…