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Bill
LNG
Honeywell Splashes Out $1.81 Billion on LNG Business to Boost Energy Transition Offering
U.S.-based technology firm Honeywell has agreed to acquire the liquefied natural gas (LNG) process technology and equipment business from compatriot industrial …
Hydrogen Project
Hydrogen Energy Firm Huture to Go Public in $1 Bln Spac Deal
Hydrogen energy firm Huture said on Tuesday it has agreed to go public in the U.S. through a merger with a blank-check firm Aquaron Acquisition Corp (AQU.O), op…
Oil Field
Kuwait Announces ‘Giant’ Oil Discovery
Kuwait Petroleum Corporation (KPC) said on Sunday it had made a "giant" oil discovery in the Al-Nokhatha field east of the Kuwaiti island of Failaka, with oil r…
Electric Vehicles
Biden-Harris Administration Announces Nearly $2 Billion to Support American Auto Workers, Convert Facilities for Electric Vehicles
As part of President Biden's Investing in America agenda, the U.S. Department of Energy (DOE) today (July 11) announced $1.7 billion to support the conversi…
Floating Solar
Shinshung E&G Secures 47 MW Module Order for Floating Solar in South Korea
Shinshung E&G has announced a contract to supply 47 MW of PV modules for a floating solar project at Imha Dam in Gyeongsangbuk-do province, South Korea.The proj…
Electric Vehicles
The US Just Financed a $1.2b EV Lithium-Ion Battery Separator Factory in Indiana
ENTEK just got a conditional $1.2 billion loan from the US Department of Energy’s (DOE) Loan Programs Office to build a lithium-ion battery separator fact…
Electric Vehicles
BYD Is Building a Massive $1 Billion EV Plant in Turkey as Global Expansion Accelerates
BYD signed a deal to build a massive $1 billion EV plant in Turkey on Monday. The news comes after BYD opened its first factory in Thailand, with others planned…
Renewable Energy
ADNOC Pens $3 Billion Green Financing Deal with JBIC
Abu Dhabi National Oil Company (ADNOC) has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a $3 billion green financing …
Oil & Gas Trade
Petroleum Firms Announce $5 Billion Investment in Pakistan
A delegation of domestic and foreign petroleum and gas exploration and production companies met with Prime Minister Shehbaz Sharif in Islamabad, leading to them…
Electric Vehicles
BYD Closes in on Huge $1 Billion EV Plant in Turkey as Global Expansion Accelerates
BYD is closing in on a deal to build a massive $1 billion EV plant in Turkey. The news comes after BYD opened its first factory in Thailand, with others planned…
Offshore Wind Power
France to Provide $11.7 Billion Aid for Two Offshore Wind Projects
The European Commission has approved a French state aid scheme offering EUR 10.82 billion ($11.7 billion) for two planned offshore wind projects with a combined…
Biofuel
Shell to Take up to $2 Bln Writedown on Singapore and Rotterdam Plants
The Shell logo is seen on a pump at a Shell petrol station in London January 30, 2014.REUTERS/Suzanne Plunkett /File Photo Purchase Licensing RightsShell (SHEL.…
Offshore Wind Power
EU Greenlights Massive EUR 10.8 Billion Investment in French Offshore Wind
The European Commission has approved a EUR 10.82 billion French scheme, to support the deployment of offshore wind, in particular the construction and operation…
Thermal Coal
Exclusive: India Asks Utilities to Order $33 Billion in Equipment This Year to Boost Coal Power Output
A farmer sprinkles pesticide on the field as smoke rises from the chimneys of a coal power plant as the demand for coal-based power plants has risen due to the …
Electric Vehicle Battery
Hyundai and LG Energy Open Indonesia's First Battery Cell Plant
Hyundai Motor Group and LG Energy Solution opened a $1.1 billion battery cell plant in Indonesia, a first for the country that’s pushing to become a hub f…
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