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Hydropower Plant

Snowy Hydro Announces New Completion Date and Cost Estimate for Snowy 2.0 Project

Snowy Hydro has unveiled a new completion date of December 2028 and a revised total cost of $12 billion for its flagship project, Snowy 2.0, following an extens…

Energy Storage Project

Private Equity Firm KKR Agrees Us$1 Billion Deal for UK Developer Zenobē – Reports

US-listed private equity firm KKR is to acquire joint control of UK battery storage developer Zenobē in partnership with existing investor Infracapital, accord…

Oil & Gas Trade

Russian Gas Exports to EU Seen Dropping Sharply in 2023, State Bank Veb Says

A general view shows an office building of VEB bank (Vnesheconombank) in Moscow, Russia, January 18, 2015. REUTERS/Sergei Karpukhin/File photo Acquire Licensing…

Oil & Gas Trade

Brazil's Petrobras Signs Agreements With Compagas for Natural Gas Supply

Brazil's state-run oil company Petrobras (PETR4.SA) has signed contracts for the supply of natural gas with gas company Compagas for around 6.4 billion reai…

Energy Storage System

Albemarle Confirms Non-binding Agreement to Acquire Liontown at Us$4.32b

Albemarle Corporation confirmed that it will be working toward the execution of a binding agreement to acquire Australia-based battery minerals company Liontown…

Net Zero

Federal Funds Can Help Ohio Electric Co-ops Cut Costs and Carbon Emissions

(The Kyger Creek coal plant in southern Ohio. Credit: Creative Commons)From Energy News NetworkA share of $9.7 billion in funding under the Inflation Reduction …

Solar Power Plant

Ground-Mount Solar Restrictions Could Cost Consumers £5 Billion

ECIU highlights the damaging effect Clause 48 could have on ground-mount solar in the UK if it passes. Image: Getty.New analysis from the Energy and Climate Int…

Solar project

Solar AI Technologies Raises $1.5m to Hyperscale Rent-To-Own Solar

This zero upfront cost programme allows landed homeowners & small businesses to rent their very own solar panel systems, providing guaranteed savings on electri…

Oil Price

Iraq's Oil Revenues in Europe Reach $11 Billion in 2023

Shafaq News / Iraq has seen a substantial boost in its oil revenues to Europe since the beginning of the current year 2023, with figures reaching approximately …

Geothermal Drilling

Thermal Pools to Be Evaluated for Geothermal Project in Kolo, Poland

Jubillee Pool, Penzance, Cornwall, UK (source: flckr/ Lexy5by5, creative commons)With the geothermal heating plant in Kolo, Poland soon to be commissioned, the …

Biofuel

Singapore Seeks Growth in Biofuels Trade Amid Energy Transition

A worker cleans a pipe at the Riopaila Castilla ethanol distillery in Zarzal, Valle del Cauca department, Colombia, on Tuesday, July 11, 2023. The Colombian Bio…

Oil & Gas Trade

In August, Traders From the EU and Moldova Pumped 1.1 Billion Cubic Meters of Gas Into Ukraine's Storage.

Compared to July, the volume has almost doubled, and compared to August of last year, has increased by 800%. According to the Operator of the GTS of Ukraine, Sl…

Renewable Energy

Italy's Eni Plans to Invest $7.7 Billion in Egypt

Italian energy giant Eni plans to invest some $7.7 billion in Egypt within the next four years, according to Egyptian Presidential spokesman Ahmad Fahmi.This ca…

Oil & Gas Supply

Saudi Arabia's Aramco Considers Selling (Listing) Us$50 Billion in Shares

The Wall Street Journal reported that Saudi Arabia’s Aramco, the world’s most valuable oil company, appears to be considering selling a stake of as …

Electric Vehicles

Biden's $12 Billion Answer to Converting the Trillion Dollar Auto Industry

The Biden administration is offering $12 billion in grants and loans to automakers and suppliers to retrofit their plants to manufacture electric vehicles.Vehic…