Bill

Natural Gas

Australia's APA Group to Buy Local Energy Supplier's Pilbara Assets for $1.1 Bln

Australia's APA Group (APA.AX) said on Wednesday it would acquire Alinta Energy's power assets in the Pilbara region for a deal valued at A$1.72 billion…

Net Zero

Denmark Plans to Allocate 26.8 Bln Crowns for New CO2 Capture and Storage Tenders

Denmark plans to allocate 26.8 billion Danish crowns ($3.9 billion) in state aid over 15 years for projects to capture and store 2.3 million metric tons of carb…

LNG

HD Korea Shipbuilding wins 288.2 bln-won order for 2 LPG carriers

South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Monday it has bagged a 288.2 billion-won (US$215 million) order to build two liquefi…

Renewable Energy

CEFC spends record $1.2 billion on renewables, as focus turns to the grid

The Clean Energy Finance Corporation has spent a record $1.2 billion in the last financial year, but its focus in coming years will be on upgrading the grid &nd…

Green Hydrogen

Brazil's $30 Billion Green Hydrogen Initiative Sparks Global Interest

Brazil is setting its sights on a remarkable endeavor – the production of low-carbon hydrogen. With a burgeoning portfolio of projects valued at around $3…

Energy-Eficient Building

US Can Cut Building Emissions by up to 91%, Saving $100 Billion a Year in Energy-Related Costs, Modeling Study Shows

The US has committed to reaching net-zero emissions by 2050. To accomplish this goal, large cuts in emissions are necessary, especially in high-emission sectors…

Offshore Wind Power

Multi-Billion-Dollar Investment Needed to Meet Global Offshore Wind Targets by 2026 – Report

The global offshore wind supply chain will require USD 27 billion of secured investment by 2026 if it is to meet a fivefold growth in annual installations (excl…

Oil & Gas Trade

US Approvals for $1.5 Billion Oil Railway in Utah Partially Vacated

REUTERS/Rick Wilking/File Photo Acquire Licensing RightsA U.S. appeals court on Friday sent approvals for a $1.5 billion Utah crude oil railway back to federal …

Electric Vehicle Battery

Ford and SK Announce New Massive Battery Cathode Factory in Quebec's Battery Valley

Ford and SK, a Korean battery manufacturer, have announced a plan to build a new $1.2 billion battery cathode factory in Becancour, known as Quebec’s batt…

Renewable Energy

AEP Finalizes $1.5 Billion Sale of Renewables Portfolio

American Electric Power has finalized the sale of its 1,365 MW renewables portfolio to IRG Acquisition Holdings, a partnership owned by Invenergy, CDPQ and fund…

Electrification

Off-peak electricity use and home generation could save billions in energy costs

New analysis from Cornwall Insight and Smart Energy GB has revealed the substantial cost-saving potential of household flexible electricity initiatives such as …

Green Hydrogen

L&T to Look At up to $4 BN Investment in Green Hydrogen, With Partners

Larsen & Toubro (L&T) will aim to invest $3-4 billion in green hydrogen projects, along with its joint venture (JV) partners, said a senior executive from the c…

Hydrogen Production

Brazil Studying Some $30 Bln in Low-Carbon Hydrogen Projects, Secretary Says

Brazil is studying some $30 billion in projects looking to produce low-carbon hydrogen, an official from the country's mines and energy ministry said on Wed…

Oil&Gas Drilling

ADX Gets Nod to Tap Into Upper Austrian Gas

Perth-based company ADX Energy will kick-off a drilling campaign at its flagship 807 billion cubic feet of gas equivalent (bcfe) Welchau gas prospect in Upper A…

Hydrogen Production

Ocior to Invest $4B in Green Hydrogen Production in Egypt's Suez Canal Economic Zone

In a significant stride towards a sustainable future, India’s Ocior Energy company has committed a substantial investment of four billion dollars in the d…