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Wind Farm
Vitol Acquires Wind Farms
Vitol has announced it has agreed to acquire three operating wind farms in Pennsylvania, US, totalling 244.4 MW from a fund managed by BlackRock, for an undiscl…
India
India’s Coal Supply Shock Causes Major Power Outages
The Indian states of Punjab, Uttar Pradesh and Andhra Pradesh have been forced into blackouts as of Thursday as power supplies are cut off due to a major increa…
Carbon Emissions
BlackRock-Led Group Invests $525M Toward India Renewable Energy
A group considered the world’s largest asset manager has joined with a United Arab Emirates (UAE) wealth management fund to support an investment in renewable …
Coal Trade
Europe’s Russia Coal Ban Foreshadows Higher Global Energy Prices
Europe is taking a big gamble as it moves to ban Russian coal, potentially leaving itself vulnerable to shortages and rolling blackouts while the rest of the wo…
Carbon Neutral
Will 30 Years Be Enough to Achieve Carbon Neutrality?
Countries need time to decarbonise old assets, too, Black & Veatch claims.
Net Zero Emission
Net-Zero Carbon Emissions Should Not Mean the End of Fossil Fuels – Natural Gas and LNG Must Be Part of the Energy Future
Too often, policymakers want to talk about issues in terms of black and white. In energy and climate policy, that tends to lead to the “renewables vs. fossil f…
Oil Price
Stocks Dive, Oil Surges as Russia Invades Ukraine
Global stocks and U.S. bond yields dived on Thursday, while the dollar, gold and oil prices rocketed higher as Russian troops landed in Ukrainian cities on the …
Oil Price
Higher Oil & Gas Prices Lift TotalEnergies Profit
French energy major TotalEnergies saw its quarterly profit soar at the end of last year while returning to the black on a year-over-year basis driven by higher …
Power Construction
Millions Left without Power After Huge Blackout Hits Central Asia
Major cities in Kazakhstan, Uzbekistan and Kyrgyzstan hit by power outages after an ’emergency imbalance’ in a power grid.
Energy Security
Turkey Imposes Industry Blackouts Amid Gas Shortage
Power deliveries to Turkey's industry will be forcibly cut this week because of insufficient gas supply.
Energy Investment
Invenergy Secures $3bn from Blackstone to Drive Clean Energy Platform
Chicago-based multinational utility Invenergy is set to expand its renewable energy business after securing approximately $3 billion in investment from global a…
Crude Oil
Turkey's Drillship Fatih Starts Operations in Türkali-7 well
Turkey’s first drillship, Fatih, began drilling in the Türkali-7 location in the Black Sea on Dec. 24, according to Turkey’s Energy and Natural Resources Min…
LNG
South Africa Embraces a Gas Economy to Drive Energy Security
100% Black-owned energy infrastructure company DNG Energy’s first delivery of LNG gas to commercial customers in South Africa marks the start of a new phase fo…
Natural Gas
Saudi Aramco, BlackRock Sign $15.5 billion Gas Pipeline Deal
Saudi Aramco said it has signed a $15.5 billion lease and leaseback deal for its gas pipeline network with a consortium led by BlackRock Real Assets and Hassana…
LNG
Energy Regulator approves five LNG Storage Licences for DNG Energy
The Energy Regulator has approved five site licences for the importation and storage of liquefied natural gas (LNG) by black-owned energy company DNG Energy.
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