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Coal Production

Indonesia Needs 1.5 Billion USD to Terminate Coal in Production

Indonesia needs a grant of about 1.5 billon USD from the International Partnership Group (IPG), including the US, Japan, Canada, Denmark, the European Union (EU…

Electric Vehicles

Biden Administration Aims $2 Billion in Grants at US Electric Vehicle Transition

US President Joe Biden. (Image by Gage Skidmore, Wikimedia Commons).President Joe Biden’s administration on Wednesday said it intends to invest $2 billion…

Wind Turbine

Wind Turbines That Shake and Break Cost Their Maker Billions

(Bloomberg) -- Wind turbines make money when they spin. But when they shake, it can cost billions.Siemens Energy AG is struggling to contain the fallout after d…

Solar Panel

Solar Could Increase Value of Homes by up to £10,000, Study Finds

The report noted that households with low-carbon technologies installed could save up to £2,300 on their energy bills each year. Image: Getty.A report by …

Oil & Gas Trade

Investment of $75BN Needed to Reduce Oil and Gas Methane Emissions by 2030, IEA Says

Burning methane from oil production near Watford City, North Dakota. Fossil fuels made up nearly 82 per cent of the total global energy supply in 2022. APInvest…

Hydrogen Production

Gasunie's Multibillion-Euro Hydrogen Network Revolutionizes Green Energy Distribution

Gasunie, an energy infrastructure company, has made a significant investment decision to develop the first part of its national hydrogen network.This network, c…

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…