Economy

Norway’s Equinor Eyes Sale of Stake in Statfjord Field, Presentation Shows
Norway's Equinor is considering selling a 28% stake in Statfjord field, which straddles the Norwegian and British continental shelves, alongside minority stakes…
Solar Power Panel
QatarEnergy Awards US$631m EPC Contract for IC Solar Project
Samsung C&T to build two large-scale PV solar plants in Mesaieed and Ras Laffan Industries Cities, as Qatar builds a sustainable future for energy.
United Kingdom
UK Energy Market Regulator Says Shell to Refund Overcharged Customers
Shell Plc's UK consumer gas, electricity and broadband operations business will pay 536,970 pounds ($635,181.81) to customers it has overcharged on its default …
Crude Oil
Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt
Anchorage Investments has selected Hyundai, Samsung, Technip Energies and Tecnicas Reunidas to compete to be the main contractor for Ain Sokhna project
Oil Price
Energy Bonanza Drives Shareholder Payouts to New Record
Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and …
France
EDF’s Minority Shareholders Scramble to Challenge Nationalisation Price
Minority shareholders in EDF are accelerating their efforts to challenge the price set for the nationalisation of the French energy group, believing the governm…
United States
Rystad Energy: Inflation Reduction to Boost US Wind and Solar Investments
The Inflation Reduction Act is set to boost installed solar and onshore wind capacity in the US by 40% by 2030, with an extra 155 GW of capacity expected to com…
France
Iberdrola Responds to Rumours of Terminating French Power Contracts
Energy price hikes have reportedly forced the energy giant to terminate contracts with thousands of its French customers
Natural Gas
Germany to Slash Tax on Household Energy Bills
VAT on gas has been cut to 7% to help people with soaring energy costs
Nuclear Power Plant
German Economy Minister Rules Out Keeping Nuclear Plants Running to Save Gas
German Economy Minister Robert Habeck ruled out on Sunday extending the lifespan of the country's three remaining nuclear power plants in order to save gas, say…
Oil Price
Why Buffett’s Berkshire Hathaway Is Seeking to Buy Up to 50% Of Occidental
The conglomerate first made a bet on the Houston-based oil company three years ago
Wind Farm
Uzbekistan and ACWA Power Sign $1Bn Clean Energy Agreements
Saudi Arabian power company ACWA Power has signed three energy agreements with Uzbekistan’s Ministry of Energy totalling $12 billion.
Solar Power Plant
ReNew’s US $1Bn ECB Loan for Pan-India Renewables Project
ReNew says 12 international lenders, led by Rabobank, will finance the largest ECB project finance loan in India’s renewable sector, for any single project.
Hydrogen Production
2022—the Year the Hydrogen Economy Launched?
The Inflation Reduction Act and the war in Ukraine pump billions into clean hydrogen R&D
Natural Gas
Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss
German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…

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Economy

Norway’s Equinor Eyes Sale of Stake in Statfjord Field, Presentation Shows

QatarEnergy Awards US$631m EPC Contract for IC Solar Project

UK Energy Market Regulator Says Shell to Refund Overcharged Customers

Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt

Energy Bonanza Drives Shareholder Payouts to New Record

EDF’s Minority Shareholders Scramble to Challenge Nationalisation Price

Rystad Energy: Inflation Reduction to Boost US Wind and Solar Investments

Iberdrola Responds to Rumours of Terminating French Power Contracts

Germany to Slash Tax on Household Energy Bills

German Economy Minister Rules Out Keeping Nuclear Plants Running to Save Gas

Why Buffett’s Berkshire Hathaway Is Seeking to Buy Up to 50% Of Occidental

Uzbekistan and ACWA Power Sign $1Bn Clean Energy Agreements

ReNew’s US $1Bn ECB Loan for Pan-India Renewables Project

2022—the Year the Hydrogen Economy Launched?

Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss