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Renewable Energy

Energy, Mining Sector in Laos Sees Strong Growth in 2023

Lao Ministry of Energy and Mines is anticipating a sector development strategy for 2024, building on achievements in 2023 that saw production rise to 89.892 bil…

Oil Field

Nigeria Billionaire, Alakija's Firm Gets Six Oil Blocks in Sierra Leone

F.A Oil Limited, a company owned by Nigerian billionaire and Africa’s richest woman, Folorunso Alakija, has been awarded exploration rights in six offshor…

Nuclear Power Plant (NPP)

Official Estimates First Nuclear Plant in Kazakhstan Could Cost up to $15B

The construction of the first nuclear plant in Kazakhstan may cost up to $15 billion, according to the head of the Kazakhstan Atomic Power Stations joint stock …

Oil&Gas Drilling

U.S. Shatters Oil Production Records in 2023

The U.S. produced over 4.49 billion barrels of crude oil in 2019, and this record has been exceeded in 2023.The Energy Information Administration's data ind…

Oil & Gas Trade

Britain's Harbour Energy Strikes $11.2 Billion Deal for Wintershall DEA Assets

Pump jacks of Wintershall DEA are pictured in Emlichheim near the northern German city of Meppen, Germany, March 9, 2022. REUTERS/Fabian Bimmer/File Photo Acqui…

Solar Panel

India's Waaree to Invest $1 Bln in Texas Solar Panel Factory

India's top solar panel maker Waaree Energies (WAAN.NS) on Thursday said it would invest up to $1 billion to build a factory in Texas to take advantage of s…

Renewable Energy

Saudi Arabia to Invest USD 10 Bln in Green Energy of Kazakhstan

Saudi Arabia plans to invest 10 billion US dollars in the development of green energy projects in Kazakhstan, Kazinform News Agency reports.Kazakhstan-Saudi Ara…

Offshore Wind Power

Norway Greenlights EUR 2 Billion Offshore Wind Contract for Difference Scheme

Norway has received clearance for up to NOK 23 billion (EUR 2.04 billion) in state aid in the form of a bilateral Contract for Difference (CfD) for the Southern…

Green Hydrogen

ACWA Power Gearing Up to Develop $4 Billion Green Hydrogen Project in Egypt

ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, has signed a framework agreeme…

Natural Gas

Belarus Saves 5.8bn Cubic Meters of Natural Gas Thanks to Nuclear Plant So Far

The Belarusian nuclear power plant (BelNPP) made it possible to replace 5.8 billion cubic meters of natural gas, Belarusian Energy Minister Viktor Karankevich s…

Oil & Gas Trade

Germany's Sefe, Norway's Equinor Strike $55 Billion Gas Supply Deal

Equinor logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsGerman state-owned energy firm S…

Battery

S'Pore Renewable Energy Company Investing Over S$850 Million to Build Battery Plant in Japan

Singapore-based renewable energy developer Gurin Energy is planning to invest 91 billion yen (S$851.7 million) to build a large energy storage facility in Japan…

Oil & Gas Trade

Totalenergies Pledges $6 Billion in Nigeria Oil, Gas Investments

The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, …

Oil&Gas Drilling

Australia's Santos Receives Drilling Approval for $4.3 Bln Barossa Gas Project

Australian oil and gas major Santos (STO.AX) said on Monday it had received approval for a revised drilling plan at its $4.3 billion Barossa gas project, althou…

Renewable Energy

Adani Group's Cement Maker to Invest $723 Million in Green Energy Projects

Sacks of cement travel on a conveyor belt at the Ambuja Cements Ltd. factory in Ambuja Nagar, Gujarat, India, on Friday, June 23, 2023. Adani Group is in talks …