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Hydrogen Project

Nigeria, Germany to Partner on $130BN Global Hydrogen Market

Vice-President Kashim Shettima on Friday expressed Nigeria’s readiness to tap from the $130 billion global hydrogen market by partnering with the Republic of G…

Geothermal Power Plant

Microsoft, G42 to Invest on Geothermal-Powered Data Centre in Kenya

KenGen's newest 83MW geothermal power plant, Olkaria I Unit 6 (source: KenGen)Microsoft and UAE-based AI firm G42 is set to invest $1 billion for various pr…

Oil & Gas Trade

Nigeria Targets $20BN Oil, Gas Investments – Lokpobiri

The Minister of State for Petroleum Resources (Oil) Heineken Lokpobiri has revealed that about $16.6 billion investments had been committed to Nigeria’s o…

Electricity Transmission

National Grid to Raise $9 Billion in Biggest UK Rights Issue Since 2009

A row of electricity pylons is seen near the Frodsham on shore wind farm in Frodsham, Britain, September 5, 2023. REUTERS/Phil Noble/File Photo Purchase Licensi…

Oil & Gas Trade

Vivo Energy to Invest Over $550 Mln in South Africa, Minister Says

Vivo Energy, owned by global commodities trader Vitol, will invest an initial 10 billion rand ($550.79 million) in its South African operations following its me…

Hydrogen Production

The Hydrogen Stream: Jera to Invest up to $13 Billion in Hydrogen, Ammonia by 2035

Jera said it will invest JPY 1 trillion ($6.4 billion) to JPY 2 trillion in hydrogen and ammonia by 2035. Hydrogen and ammonia are among its three pillars, alon…

CCS

Global Carbon Emissions Pricing Raised Record $104 Bln in 2023

An aerial view shows a plant of Omsktechuglerod company producing carbon black in Omsk, Russia October 4, 2021. REUTERS/Alexey Malgavko Purchase Licensing Right…

Hydrogen Production

Australia's 2024-2025 Budget Includes Support for SAF, Renewable Hydrogen

The Australian government on May 14 released its $22.7 billion 2024-2025 budget. The plan, in part, includes provisions that aim to support the commercializatio…

Renewable Energy

Google Invests 1 Billion Euros in Finnish Data Centre to Drive AI Growth

A Google sign is pictured during the company's presentation of a detailed investment plan for Germany outside the Google office in Berlin, Germany, August 3…

Hydrogen Production

DOE Announces Support for Plug Power Hydrogen Production Sites

The U.S. Dept. of Energy (DOE) announced it was preparing to make as much as a $1.66 billion loan guarantee to Latham, New York-based Plug Power, with the money…

Oil&Gas Drilling

State Companies Plan to Extract 15 Cubic Meters of Gas and Two Million Tons of Oil This Year and Have Launched Seven New Gas Wells.

The Naftogaz group expects that state gas production companies will produce about 15 billion cubic meters of gas in 2024, said the state company’s CEO, Ol…

Offshore Wind Power

Iberdrola Will Continue to Invest in Offshore Wind Energy

Iberdrola will continue to invest in offshore wind energyEurope’s largest power utility, Iberdrola , will continue to bet on offshore wind in the coming y…

Oil&Gas Drilling

Indonesia Expects Oil and Gas Investments to Rise 29% to $17 Billion in 2024

Indonesia expects investments in its oil and gas sector to rise 29% in 2024, the chairman of regulator SKK Migas told Reuters, as it races to ramp up drilling a…

Renewable Energy

World Bank and Turkey Signs $1 Bln Renewable Energy Program

Turkey and the World Bank signed an agreement for $1 billion program to support renewable energy expansion efforts, the bank said on Thursday.The program will h…

Oil&Gas Drilling

Crescent Energy Expands Texas Shale Ops With $2.1 Billion Silverbow Buy

Oil and gas producer Crescent Energy (CRGY.N), opens new tab has agreed to buy rival SilverBow Resources (SBOW.N), opens new tab for $2.1 billion, a deal which …