Economy

Uzbekistan

Reforms in Uzbekistan’s Energy Sector and Cooperation with Major International Financial Institutions

Since September 2016, when Shavkat Mirziyoyev began his presidency, Uzbekistan has embarked on a process of deep economic and social reforms.

Oil Price

US Oil Surges Above $64 on Anniversary of Sub-Zero Plunge

Prices have since added more than $100 per barrel, following production cuts by Opec+ as well as resumption of mobility

China

Video: China’s Mega Projects: Energy

Energy is driving the rapid development of China’s economy.

Hydrogen Project

RWE and H2U Partner to Develop Global Hydrogen Trading Between Australia and Germany

RWE Supply & Trading and Australian hydrogen project developer The Hydrogen Utility Pty Ltd have joined forces to develop hydrogen trading between Australia and…

Wind Power Project

Ørsted Buys Brookfield Renewable Ireland, Enters European Onshore Wind

Danish wind turbine manufacturer Ørsted has announced its purchase of UK and Ireland onshore wind operator Brookfield Renewable Ireland.

Hydrogen Production

Germany Steps up Hydrogen Production Infrastructure

Germany is stepping up its hydrogen production infrastructure, as the economy and energy ministry this week announced a second round of calls for hydrogen test …

Hydrogen Fuel Cell

Adnoc Interested in Exploring Hydrogen Opportunities in India

South Asia's largest economy is looking at alternative forms of energy

Energy Investment

'Catalytic' Billion-Euro Hydrogen Fund Led by Former Air Liquide VP Launched

Team of industry executives headed by Pierre-Etienne Franc sets up FiveT Hydrogen to spur utility-scale anchor projects

Energy Investment

Chevron Invests in Offshore Wind Energy for First Time

Chevron Corp.’s venture capital arm and Moreld Ocean Wind agreed to invest in Ocergy Inc.’s development and commercialization of floating offshore wind turbin…

Offshore Wind Power

PSEG Completes 25% Acquisition of Ocean Wind

Ørsted and PSEG have completed PSEG’s acquisition of a 25% equity interest in the Ocean Wind offshore wind farm.

Hydropower Plant

Aitken Spence Expands Its Portfolio in Hydropower

Apr 12, Colombo: Aitken Spence PLC has announced that the company has recently acquired hydropower operator Waltrim Energy Limited, a subsidiary of Sunshine Hol…

Wind Turbine Blade

Wind Turbine Blade Services Providers GEV and WPL Merge

U.K. headquartered wind turbine blade repair and maintenance provider GEV Wind Power has merged with Wind Power Lab, a Danish firm providing intelligent technol…

Hydrogen Project

World’s First Clean Hydrogen Investment Fund Launched

Independent asset manager FiveT Capital Holding have launched a private infrastructure fund, FiveT Hydrogen Fund, dedicated to delivering clean hydrogen infrast…

Energy Investment

Portugal to Leverage EIB Support to Develop Hydrogen Economy

A Memorandum of Understanding signed between the Portuguese government and the European Investment Bank is expected to help the country fast-track the deploymen…

Shell to Make First Oil Output Profit Since Pandemic

Royal Dutch Shell Plc said it expects to make the first profit from pumping oil since the start of the pandemic.