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Citi
Wind Power Project
Sweden Rejects Baltic Sea Wind Farms, Citing Defence Concerns
Sweden has rejected applications to build 13 offshore wind farms in the Baltic Sea due to defence concerns, while giving the go-ahead to one on its west coast, …
Hydrogen Project
Govt. To Designate 3 Cities As Nation's First 'Hydrogen Complexes'
The government said Friday it will designate three cities as the nation's first hydrogen-specialized complexes and support their growth into hydrogen indust…
Offshore Wind Power
SSE Downgraded To ‘Sell’ Amid Concerns Over Offshore Wind And Market Volatility
Citi has downgraded SSE PLC (LSE:SSE) to a 'sell' rating, cautioning investors about potential setbacks in the energy firm’s growth strategy.Despi…
LNG
Russia Seeks Over $1 Billion in Damages From Shell, Report Says
The Russian General Prosecutor's office was seeking to collect more than 1 billion euro ($1.09 billion) in damages from international energy major Shell (SH…
United States
Shale producer Validus to buy Citizen Energy in deal worth over $2 billion, sources say
A pumpjack brings oil to the surface in the Monterey Shale, California, April 29, 2013. REUTERS/Lucy Nicholson Purchase Licensing RightsPrivately held oil and g…
LNG
PV Power Receives $521.5m Loan for Vietnam’s First LNG to Electricity Plants
Citi and ING Germany alongside Korea Trade Insurance Corporation (K-Sure), and Swiss Export Risk Insurance (SERV) have closed a 12-year financing loan worth $52…
Uranium Project
Kazatomprom Lowers 2025 Uranium Production Expectations
Kazatomprom has cut its uranium production guidance for 2025 by 5000 tU, citing uncertainties in sulphuric acid supply - but 2025 production is still expected t…
Oil & Gas Trade
Viaro to Buy Shell, Exxon’s North Sea Assets
Independent British oil producer Viaro Energy said on Tuesday it would buy UK Southern North Sea assets owned by Shell (SHEL.L), opens new tab and Exxon Mobil (…
Nuclear Reactor
Japan Nuclear Watchdog Panel Decides Against Restarting Tsuruga Reactor
A panel of Japan's nuclear watchdog decided on Friday against restarting a reactor at the Tsuruga nuclear power plant citing seismic risks, paving the way f…
Energy Storage Project
Romania Aims to Roll out 5 GW of Energy Storage by End 2026
According to Romanian Minister of Energy Sebastian Burduja, the country’s energy storage fleet is expected to grow exponentially over the next couple of years.…
Gas Pipeline
Kazakhstan Plans to Increase Gas Transit to Uzbekistan, Kyrgyzstan and China
Kazakhstan plans to increase the transit of Russian gas to Uzbekistan and Kyrgyzstan, as well as the transit of Turkmen and Uzbek gas to China this year, Vlast.…
Net Zero
How a New Capital Hub Is Raising €650BN to Decarbonise Europe’s Cities
The cities are looking to raise funds for a variety of net-zero and climate-resilience infrastructure projects from public and private investors. Credit: Martin…
Electric Vehicle Charging
India’s Chargezone to Invest $360 MN in EV Charging Network
ChargeZoneCharging StationsIndiaThe charging network operator ChargeZone plans to deploy 25 new supercharging stations and aims to create a network of 500 HPC o…
SMR
Finnish Municipal Decision-Makers Favourable to SMRs
Decision-makers in Finland's largest cities have a positive attitude towards the construction of small modular reactors in their municipalities, a survey co…
Net Zero
EU Backs 650-Billion-Euro Plan to Help Cities Reach Net Zero by 2030
European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023.REUTERS/Johanna Geron/File Photo Purchase Licensing Ri…
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