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Business
Wind Farm
RWE Brings Local Partner Onboard for South Korean Offshore Wind Farm
RWE has signed a joint business development agreement with Korea Western Power (KOWEPO) to build a 495 MW offshore wind project in South Korea.The Seohae offsho…
Hydropower Plant
Avangrid Sues Nextera For ‘Sabatoging’ Development Of Hydropower Transmission Line
On Tuesday,Avangrid filed suit against NextEra Energy, claiming hundreds of millions of dollars in damages to competition in the ISO-New England marketplace as …
Solar Panel
Meyer Burger Loses Biggest Customer, Questions Business Viability
Swiss solar manufacturer Meyer Burger faces a significant setback as its largest U.S. customer, D.E. Shaw Renewable Investments, has terminated a long-term agre…
Solar Module
Solar Modules Now Selling for Less Than €0.06/W in Europe
Solar module prices reached a new low this week, says Leen van Bellen, business development manager Europe for Search4Solar, a European purchasing and selling p…
Photovoltaic (PV)
Axian Energy Secures €84mln Financing for Senegal’s Largest Solar Photovoltaic (PV) and Battery Project
Axian Energy, a subsidiary of Madagascar-headquartered Pan-African business group Axian, announced on Tuesday that it has closed €84 million in financing f…
Coal Trade
Adaro Eyes $291 Million From Unit IPO to Spin Off Coal Business
Coal miner PT Adaro Andalan Indonesia may raise as much as 4.59 trillion rupiah ($291 million) from an initial share sale, part of a move by its parent company …
HVDC
GE Vernova Launches HVDC Competence Centre in Berlin
GE Vernova’s new HVDC competence centre is planned to position Berlin as a key hub in its European and global electrification business.The new centre form…
Oil & Gas Trade
Woodside Contracts Winyama For Pluto Train 1 Modifications Project
Winyama will collaborate with Kellogg Brown & Root, Woodside’s EPCM contractor for the project.This partnership is expected to enhance Winyama’s bus…
Oil & Gas Trade
ADNOC Awards $196.2m Manufacturing Contracts
ADNOC has awarded contracts worth $196.2m to 11 companies to boost local manufacturing of diverse products across its value chain as part of the ICV programme.T…
Oil & Gas Trade
Qatar Taps Rothschild As Adviser In Bid For Rosneft Units In Germany
Qatar’s sovereign wealth fund is bolstering its efforts to take over the German businesses of Russian oil giant Rosneft PJSC as the government in Berlin l…
Power Construction
PG&E Cuts Power to California Customers As Wildfire Risk Builds
PG&E Corp. shut off power to nearly 25,000 homes and businesses in Northern California as gusty Diablo winds and plummeting humidity levels raise the risk of wi…
United States
Chevron Is Said to Weigh Sale of Hong Kong Gas Stations Business
Chevron Corp. is considering a sale of all of its gas stations in Hong Kong amid interest from prospective investors, according to people familiar with the matt…
Wind Power Project
Exclusive: BP Weighs Sale of Minority Stake in Offshore Wind Business, Sources Say
Logo of British Petrol BP is seen e at petrol station in PienkowBP (BP.L), is considering selling a minority stake in its offshore wind business, according to f…
Oil&Gas Drilling
Shelf Drilling All Done With Triangular Merger
UAE-headquartered offshore drilling contractor Shelf Drilling (SHLF)UAE-headquartered offshore drilling contractor Shelf Drilling (SHLF) has wrapped up a busine…
Oil & Gas Trade
US Regulator Denies Shell’s Request for Older Venture Global LNG’s Documents
A Shell logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 23, 2022. REUTERS/Denis Balibouse/Fil…
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