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Oil & Gas Trade
Nigeria Sees Objections to Shell Oil Asset Sale Resolved Soon
Nigeria’s upstream oil regulator found some issues with Shell’s proposed sale of its onshore assets to a consortium of local companies but they shou…
Offshore Wind Power
Petrobras To Start Major Offshore Wind Measurement Campaign Using Brazil-made Floating Lidars
The company will invest BRL 60 million (approximately EUR 9.6 million) in the new measurement campaign which follows a one-year deployment of the first floating…
Oil&Gas Drilling
Kinetiko Spuds Second Well In Production Test Program In South Africa
South Africa-focused gas exploration company Kinetiko Energy Ltd. spudded the 271-06PT well in the Mpumalanga Province. This is the second well in the company&r…
Wind Farm
TotalEnergies, Partners Ink Initial Land Contract for Morocco RE Project
A joint venture between TotalEnergies SE and EREN Group, along with two Danish firms, has signed a Preliminary Contract for Land Reservation for a one-gigawatt …
Natural Gas
Tax Hikes Hinder Gas Price Drop, Raise Electricity Costs
espite reductions in the cost of energy, supply and network services (-2% compared to second half of 2023), total prices slightly increased (+2%), as government…
Decarbonization
ACWA Power Signs $1.7bn Finance And Energy Deals
Saudi utility firm ACWA Power is set to increase its capital by SR7.13 billion ($1.89 billion) as part of its strategy to triple assets under management by 2030…
Solar Panel
First Solar Lowers Annual Sales Forecast, Posts Rise in Q3 Profit
U.S. solar panel maker First Solar lowered its sales forecast for the current year on Tuesday, even after reporting a rise in third-quarter profit helped by hig…
Green Hydrogen
Engie And Morocco's OCP Renewables Deal Worth Billions, Says Source
Morocco's phosphates and fertilizer giant OCP and French energy firm Engie ENGIE.PA signed a preliminary agreement on Monday for projects that could generat…
Power Construction
Kenya Power Swings to Record Profit as Strong Currency Cuts Debt
Kenya Power and Lighting Co. posted a full-year profit thanks to a stronger local currency that softened its debt burden, sending the stock to a record high.Alm…
Wind Power Project
Developers Nab Leases to Build New England Floating Wind Farms
Avangrid Inc. and Invenergy LLC units secured leases to install wind turbines across some 439,000 acres in the Gulf of Maine during a US government auction Tues…
Nuclear Reactor
Sweden’s Nuclear Revival in Question as Green Hangover Spreads
Sweden’s nuclear revival risks being undermined as more companies pull the brakes on large power-hungry green projects designed to clean up some of the wo…
Oil Price
Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out
Storage tanks at the BP Plc Cherry Point Refinery near Blaine, Washington, U.S., on Friday, Nov. 19, 2021. Total U.S. oil stockpiles, including commercial inven…
Combined Heat and Power
Australia’s First Manufacturing Facility Fully Powered By Renewable Energy
After a multi-year collaboration with us, Mars has announced a renewable energy milestone. Mars Petcare facility at Wodonga (Mars Wodonga) in Victoria will beco…
Wind Farm
Port Of Tyne Supports Construction Of World’s Largest Wind Farm
A significant milestone has been reached in the construction of Sofia, the world’s largest offshore wind farm, with the Port of Tyne playing an integral r…
Hydrogen Project
Ge Vernova To Supply Gas Turbine For YTL Powerseraya’s Hydrogen-ready Power Plant In Singapore
GE Vernova has secured a contract to supply its 9HA.01 gas turbine for YTL PowerSeraya’s new 600MW hydrogen-capable combined cycle gas turbine (CCGT) powe…
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