Economy

PowerGrid Technology

Xizang’s First Power Grid Celebrates 10-Year Anniversary, Creates 1.457b Yuan of Benefit to Local Economy

December 9 was the 10th anniversary of the power grid.

Hydrogen Project

POSCO International Acquires Senex Energy to Expand Hydrogen Biz

POSCO International is pursuing global mergers and acquisitions in preparation for the energy transition era.

United States

BP Acquires EV Fleet Charging Provider AMPLY Power in US

BP said on December 7 the UK company took its first major step into electrification in the US with the acquisition of AMPLY Power, an electric vehicle (EV) char…

Electric Car

Kia Corp. to Part Ways with Chinese Joint Venture Partner

Kia Corp. will break up with its joint venture partner in China, Dongfeng Motor Corp., after 20 years of partnership.

Romania

OMV Petrom to Install 1 GW of Renewables in Romania by 2030

In its EUR 11 billion investment plan for the current decade, OMV Petrom earmarked more than 35% for low and zero carbon opportunities.

Power Construction

EETC Invested $490m in Grid Improvements over Fiscal Year

The Egyptian Electricity Transmission Company has revealed it invested over $490 million in improvements to the electrical grid during the fiscal year 2020-2021…

Hydrogen Technology

SK Gas Makes Investment in C-Zero, U.S. Turquoise Hydrogen Producer

SK Gas has decided to invest in C-Zero, a U.S. company that has original technology to manufacture eco-friendly turquoise hydrogen.

LNG

Jera Invests in Barossa Gas Field, Joins Darwin LNG Project

Japanese energy giant JERA will buy a 12.5 per cent stake in the Barossa gas field, thus participating in the Darwin LNG project in Australia.Courtesy of Santos

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…

Energy Storage Battery

UK Battery Storage Facility Acquired by TagEnergy

Global clean energy enterprise TagEnergy has increased its UK presence with the acquisition of a 100% stake in the Lakeside 99.9 MW battery storage facility in …

Energy Investment

Woodside to Invest $7b in Emerging Energy

Oil and gas supplier Woodside will invest $7 billion in low carbon energy by 2030 while still benefiting from a recently-announced merger with BHP's petroleum b…

Floating Offshore Wind

Ardersier Port Set to Become Europe’s First Circular Energy Facility

The Scottish port will be used to turn disused oil rigs into the foundations for floating wind units, all as part of a circular economy.

Hydrogen Project

The Hydrogen Stream: ‘China, Chile, Spain and Australia will Lead the Hydrogen Economy’

The International Energy Agency said the four nations are on track to contribute 85% of the 18 GW of global renewables capacity which is set to be dedicated to …

Hydrogen Project

Aramco Unveils Major Hydrogen Partnerships with Gaussin and Air Liquide

Saudi Arabian oil company Aramco has unveiled two agreements with French-based Air Liquide and Gaussin that will see the companies explore hydrogen technologies…

Energy Investment

Equinor Invests in Battery Storage Company

The agreement includes the acquisition of a 45% stake in Noriker, with an option to acquire the full company at a later stage.