Bill

Nuclear Power Plant (NPP)

Contract for Cernavoda Tritium Removal Facility

Korea Hydro & Nuclear Power (KHNP) has signed a contract worth KRW260 billion (USD200 million) to construct a tritium removal facility at Romania's Cernavod…

Electric Vehicles

Ford Secures Huge Government Loan to Build Battery Factories, Chase Down Tesla

The US government will lend Ford and joint venture parter battery maker SK On $US9.2 billion to help finance the construction of three new battery manufacturing…

Green Hydrogen

Hydrom Intends to Finalize Contracts for Six Green Hydrogen Projects in the Fourth Quarter

Hydrogen Oman (Hydrom), a subsidiary of Energy Development Oman, is spearheading this drive. With six green hydrogen projects in the pipeline, valued at over $2…

Oil & Gas Trade

Eni and vår Energi Paying $4.9 Billion for Neptune's Entire Oil & Gas Portfolio, Bar German Business

Italian energy giant Eni has inked a sale and purchase agreement to acquire Neptune Energy Group Limited while the oil major’s majority-owned Vår En…

Solar Cell

Joint Venture Invests $1.5B to Boost American-Made Solar

A new U.S. joint venture formed by Vikram Solar, Phalanx Impact Partners and Das & Co. announced plans to invest up to $1.5 billion to develop a vertically inte…

Electric Vehicles

China Rolls Out $72 Billion in Tax Breaks for New-Energy Vehicles Over Next Four Years

China on Wednesday unveiled a $72 billion package of tax breaks aimed at boosting the purchase of electric vehicles over the next four years, extending an exist…

Australia

OMV Petrom, Romgaz to Invest up to $4.4 Bln to Develop Romania Gas Project

OMV said Wednesday that its 51%-owned OMV Petrom and Romgaz will jointly invest up to 4 billion euros ($4.37 billion) to develop an offshore natural-gas project…

Oil Exploration

Italy's Eni Nears $5BN Deal for Neptune Energy

Italian energy group Eni (NYSE: E) is nearing a deal to acquire oil and gas explorer Neptune Energy Group for about $5 billion, according to people familiar wit…

Oil&Gas Drilling

Woodside Sanctions $7.2 Billion Deepwater Oil Project

Australia’s energy giant Woodside has made a final investment decision to develop a deepwater oil project in the Perdido basin in the Gulf of Mexico located 30…

Electric Vehicles

Ford Chairman Says Us Cannot Compete with China in EV Production Yet

Ford Motor Company Executive Chairman Bill Ford said the United States cannot compete with China in the production of electric vehicles yet.In an interview with…

Power Construction

Fingrid's Main Grid Development Plan Provides for Increased Investments to Promote Finland's Competitiveness

Fingrid has updated its main grid development plan, with investments in the main grid rising from the previously estimated, slightly over three billion to four …

Oil&Gas Drilling

Kuwait Oil Company to Invest $43 Billion on New Oil Projects, CEO Says

Kuwait intends to expand production by nearly 200,000 barrels per day

Oil & Gas Supply

Uzbekistan to Import 2.8 Billion Cubic Meters of Russian Gas per Year

Uzbekistan will import 2.8 billion cubic meters of Russian gas per year. This is stated in the gas purchase and sale agreement concluded between UzGasTrade and …

Hydrogen Production

Shell Commits $1 Billion to Hydrogen and CCS Investments

In a significant move toward decarbonization, oil giant Shell has announced its plan to invest up to $1 billion annually in hydrogen and carbon capture and stor…

Renewable Diesel

Nebraska Governor Signs Bill Promoting Use of Biodiesel

Governor Jim Pillen has signed into law legislation promoting the sale and use of biodiesel in Nebraska.The bill, LB 727, provides retail tax incentives for the…