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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…

Energy Investment

$111 Billion Investment on Petrobras’ Five-Year Agenda

Brazil’s state-owned oil and gas giant Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050…

Hydrogen Project

The Hydrogen Stream: US Government Offers $2.2 Billion for H2 Hubs

The US Department of Energy has revealed plans to allocate up to $1.2 billion for a hydrogen hub in Texas and the Gulf Coast and up to $1 billion for a similar …

Nuclear Power Plant (NPP)

Centrus Fo Restart Centrifuge Manufacturing, Expand Capacity

Such a large-scale expansion would require a multi-billion dollar public and private investment, the company said. It has recently secured more than USD2 billio…

Natural Gas

PAG Said to Sell AirPower’s Gas Business for $6.8 Billion

PAG, one of Asia’s biggest alternative asset managers, agreed to sell the industrial gases business of AirPower Technologies Ltd. to a Chinese consortium …