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Economy
Energy Investment
Global Energy Investment to Rise by 10% in 2021
IEA report also finds more spending needed on clean power transition
Wind Power Company
Orsted Plans $57 bln Drive to be No.1 in Green Energy
The Danish firm, which sold its oil and gas business in 2017, has benefited hugely from policies to implement the 2015 Paris Agreement, a collective shot at lim…
Energy Investment
IEA’s Energy Investment Report Shows Coal is Down But not Out
The International Energy Agency’s latest report reveals that while renewables dominate new power investment, and approvals for coal-fired plants are 80% below …
Energy Investment
Rosatom Issues “Green Bonds” for 100 billion Rubles to Finance Its Projects
The Moscow Exchange registered the exchange-traded bonds program of Atomenergoprom JSC, the company holding Rosatom’s civil assets.
Westinghouse Completes Acquisition of Laveer Engineering
The acquisition expands Westinghouse's global CANDU capabilities
Nuclear Equipment
Framatome Acquires Nuclear Tube Maker Valinox
France's Framatome today announced its acquisition of Valinox Nucléaire SAS - which specialises in the production of seamless steam generator tubes for nuclear…
Crude Oil
i3 Energy to Acquire Additional Stake in South Simonette Oil Property
i3 Energy is set to acquire an additional 49.5% interest in the South Simonette oil property in Lower Montney, Canada, from Anegada Oil.
Nuclear Power Plant
Vattenfall Invests $1.2 Mln in Estonian Nuclear Energy Start-Up Fermi Energia
Swedish state-owned utility group Vattenfall Group AB said Monday that it has agreed with Estonian nuclear-energy start-up Fermi Energia to become a minority sh…
Energy Investment
Rosatom Preparing With France Mechanism For Financial Support For Foreign NPP Projects
Rosatom Preparing With France Mechanism For Financial Support For Foreign NPP Projects
Energy Transition
Commonwealth Puts $20 mill into Amber, Helping Energy Customers Ditch Exxie Fossil Fuels for Renewables
That’s the Commonwealth Bank of Australia we’re talking about, not the Commonwealth Government … but someone has to lead the way. Sustainability-savvy CBA is…
Energy Transition
Greece Eyes Green Energy Shift with $21 billion in Projects
Greece’s plan for using European Union funds to combat the effects of the coronavirus pandemic will accelerate the nation’s transition from fossil fuels to a …
Offshore Wind Power
SSE Plans to Invest $2.8bn in Low-Carbon Power Projects
UK-based energy company SSE is planning to invest almost £2bn in low-carbon power projects this year.
Hydrogen Project
€120m Green Energy Facility Planned for Cork
Green energy company - EI-H2 - has announced plans for Ireland’s first Green Hydrogen facility.
Oil Shale
High Profile Merger Creates A New $17 Billion Shale Giant
Cabot Oil & Gas Corporation and Cimarex Energy announced on Monday another merger in the U.S. shale patch in an all-stock merger of equals that would result in …
Hydropower Plant
ADB to Finance 300MW Hydropower Plant in Pakistan
The Asian Development Bank will offer a $300m loan to finance the construction of a hydropower plant in Pakistan.
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