Economy

Major Chinese Investors Could Buy Stake In Aramco

Major Chinese investors, including the sovereign wealth fund China Investment Corporation and Chinese national oil companies, are the ones looking to buy a stak…

Energy Investment

Energo-Pro Completes Largest Czech Investment in Hydropower Industry

Czech energy group Energo-Pro has completed the construction of the Alpaslan 2 hydropower plant in Turkey. The project, which cost around $600 million, is the l…

United States

New Study by Leading Renewables Consultant ArcVera Shows Texas Icing Event Led to Over $4 Billion Financial Loss for Wind Farms

Study points to shortcomings in the hedged financial structures, with asymmetric price risk leading to significant losses for wind farm operators and gains for …

Oil Field

Israeli Firm to Sell Gas Field Stakes to UAE Company: Statement

Delek is seeking to sell its stake in Tamar, a huge gas field under the Mediterranean some 80 kilometres off the coast of northern Israel

LNG

France's Total Halts Its Gas Project in Northern Mozambique

Total's declaration of force majeure casts doubt on the future of the gas project, which had been expected to bring large and sustained economic growth to Mozam…

Energy Investment

South Korean and Chinese EV Battery Companies Competing in Hungary

South Korean EV battery companies are increasing their investments in Hungary rapidly, and yet it is China that made the largest investment in the industry in H…

Oil Price

Qatar Petroleum Plans Debut Dollar Public Bond Sale

The world's top liquefied natural gas supplier sent banks a request for proposals for the planned debt sale in the last few weeks, the sources said, with one of…

Energy Investment

Oilfields Supply Center Makes $570 million Investment in King Salman Energy Park Energy Hub

Oilfields Supply Center Limited has awarded a contract to construct its OSC base in the Kingdom.

Hydrogen Technology

Ontario Power Generation to Explore Electrolysers for a Low-Carbon Hydrogen Economy

Ontario Power Generation has made its first concrete step into transitioning to low-carbon hydrogen following a request for market information on electrolyser t…

Natural Gas

Graham: Biden Needs Natural Gas to Hit Green Energy Goals

In a letter to President Biden released Wednesday, leaders of Pennsylvania’s energy sector and its allies said Biden needs natural gas to help him reach his cl…

Microgrid

Saudi Arabia’s Desert Technologies To Fund Solar Projects In Nigeria

Despite being the leading economy on the African continent in terms of GDP, the installed electrical capacity in Nigeria does not exceed 12,522 MW, as only 36 p…

Wind Power Project

Vestas Offloads 118MW US Wind

Vestas, through its US development arm, has sold a 118MW wind farm to Southern Power.

Energy Investment

Egypt’s Kom Ombo Solar Plant Receives Funding

The European Bank for Reconstruction and Development, the OPEC Fund for International Development.

Energy Technology

Greenpeace Chides Alibaba and GDS on Energy as China Tech Cleans Up

The group blasted China's biggest tech company and its biggest independent data center operator for emissions opaqueness and dearth of renewable commitments.

O＆M

Sumitomo and Corvus Energy form Maritime ESS Joint Venture

Japanese trading house giant Sumitomo Corporation and Norwegian ESS specialist Corvus Energy have established a Tokyo-based joint venture to sell ESS and provid…