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Oil & Gas Trade

Israel's Newmed Says BP, ADNOC Buy-in Offer on Hold

The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canad…

PowerGrid Technology

E.ON hikes grid investments to $46 billion, gives bullish outlook

The empty stage for the board of German utility giant E.ON is seen before the annual shareholders meeting in Essen, Germany June 8, 2016. REUTERS/Wolfgang Ratta…

Hydropower Plant

Itaipu Hydroelectric Plant Achieves Historic 3 Billion MWh Milestone

Photo: Disclosure/Itaipu BinacionalIn the early hours of Sunday, March 10, the Itaipu hydroelectric plant reached an unprecedented milestone, generating a cumul…

Oil & Gas Trade

Azerbaijan Produces Over Eight Bcm Gas in This Year

In January-February of this year, Azerbaijan produced 8.2 billion cubic meters of gas, with an increase of 240 million cubic meters, of which 4.1 billion cubic …

Floating Offshore Wind

Norwegian Floating Offshore Wind Project Gets Eur 175 Million Boost

Odfjell Oceanwind, Source Galileo, and Kansai Electric Power Company have received NOK 2 billion (approximately EUR 175 million) in state funding from Norwegian…

Oil & Gas Trade

EQT to Buy Equitrans Midstream in Bid to Boost Natural Gas Margins

Top U.S. natural gas producer EQT Corp (EQT.N), opens new tab on Monday said it agreed to buy Equitrans Midstream (ETRN.N), opens new tab in an all-stock deal t…

Tidal Energy

Mersey Tidal Power: Plans for Multibillion-Pound Barrage Connecting Liverpool and Wirral Unveiled

Image:Credit: Liverpool City Region Combined AuthorityTidal barrage connecting Liverpool and Wirral announced as the preferred option to harness renewable energ…

Oil & Gas Trade

Aramco Hikes Dividend 30% to $98 Billion Despite Drop in Profit

General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/File Photo/File Photo Purchase Li…

Energy Storage Project

Developer Natpower Claims 60GWH UK BESS Plans

The UK already has around 4GW of BESS online, including this recently-commissioned 50MW/100MWh BESS project in Birmingham, UK. Image: EDF Renewables.Developer N…

Hydropower Plant

884MW Suki Kinari Hydropower Project to Start Power Generation by November

Suki Kinari hydropower project (884-megawatt), a China Pakistan Eco­nomic Corridor (CPEC) portfolio proj­ect, which will be completed at the cost of $2 …

Green Hydrogen

India's $2.1bn Push for Local Electrolyser Manufacturing and Green Hydrogen Production Sees Strong Interest From Large Companies

India’s US$2.1 billion push to transform it into a global green hydrogen powerhouse has received a strong response from large strategic investors in the c…

Renewable Energy

Britain Announces 1 Billion Pound Auction for Renewable Power Projects

A general view of a wind turbine and solar panels at Westmill Wind Farm & Solar Park, which is owned by the community and supports local renewable energy, at Wa…

Electric Vehicles

Stellantis to Invest $6 Billion in Brazil by 2030

Stellantis logo is seen on the company's headquarters in Poissy near Paris, France, February 20, 2022. REUTERS/Gonzalo Fuentes/File Photo Purchase Licensing…

Natural Gas

Exclusive: Mexico's Pemex, Carlos Slim Team Met to Discuss Deepwater Gas Project, Sources Say

Mexican billionaire Carlos Slim hosts a press conference, in Mexico City, Mexico, February 12, 2024. REUTERS/Henry Romero/ File Photo Purchase Licensing RightsM…

Oil & Gas Trade

Democratic Republic of the Congo (DRC) Seeks to Unlock Estimated 5 Billion Barrels of Oil

With 180 million barrels of proven oil reserves – and up to 5 billion of estimated oil reserves – the Democratic Republic of the Congo (DRC) is emba…