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Energy Investment
Enel and Qatar Sovereign Fund Forge Renewables Tie-up
Transaction involves the acquisition by QIA of 50% stake in 800MW wind and PV portfolio in South Africa and Zambia.
Hydropower Plant
DORE’s First Investment Since IPO Involves Eight Swedish Hydropower Plants
Downing Renewables & Infrastructure Trust plc has exchanged contracts to acquire its first investment, a portfolio of eight operational hydropower plants in cen…
Energy Investment
China's Investment in Countries Along the Belt and Road Increased by 24.9%
According to data released by the Ministry of Commerce of China, from January to November 2020, China's foreign non-financial direct investment was 659.36 billi…
South Korea
Iran Seizes UAE-Bound Chemical Tanker
Iran has seized a UAE-bound chemical tanker in the strait of Hormuz, further stoking already heightened tensions in the Mideast Gulf.
Transformer
China XD Group Recieves Approval for Eight New Transformers
Eight new transformers and reactor products from China Xidian Group have passed the industry appraisal, and their comprehensive performance indicators reached t…
Nuclear Policy
Iran Plans 20% Uranium Enrichment 'As Soon As Possible'
The move comes amid heightened tensions between Iran and the U.S. in the waning days of the administration of President Donald Trump, who unilaterally withdrew …
Wind Farm
GE Signs Deal for Vietnam Windfarm
GE Renewable Energy is to supply eight turbines to a windfarm being built in Vietnam.
Crude Oil
Talos Continues Talks With Pemex Over Massive Shared Oil Discovery Off Mexico
Talos Energy, leading a consortium of foreign oil companies, discovered the large Zama oil deposit in 2015.
LNG
Shell Divests LNG Stake For $2.5 Billion
Shell has sold a 26-percent stake in an Australian LNG project to Global Infrastructure Partners for $2.5 billion as part of efforts to reduce the weight of non…
Crude Oil
ONGC Opens Eighth Hydrocarbon Producing Basin of India
State-owned Oil and Natural Gas Corporation on Sunday opened India's eighth hydrocarbon producing basin when it started oil flow from a well in the Bengal basin…
Oil Pipeline
U.S. Throws Weight Behind Construction of EastMed Gas Pipeline
Greece aims to play an important role in helping Europe diversify its energy resources away from Russia, an objective strongly supported by Washington
Coal Trade
US Blacklists Coal Shippers for North Korea Ties
The US Office of Foreign Assets Control designated six companies and four vessels for violating existing UN sanctions by engaging in the prohibited North Korean…
Wind Turbine
Video: EDP Renewables Commissions Spain's Largest Wind Turbines in Burgos
Quintanilla II will feature GE137 turbines, with 3.33 MW power output, a rotor diameter of 137 metres and a total turbine height of 199.9 metres to the tip of t…
Power Construction
ADB Approves Loan for Power Distribution System Upgrade in Karnataka, India
The ADB has agreed to provide a combined sovereign and non-sovereign loan amounting to $190m for the upgrade and modernisation of power distribution system in B…
Wind Turbine
EDP Renováveis Commissions Spain’s Largest Wind Turbines in Burgos
EDPR is developing the Quintanilla II wind farm, which will feature three wind turbines spanning a height of 199.9 metres.
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