Energy economy

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

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…

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.

Energy Investment

Acwa Power Signs Deal with Natixis to Secure Funding for New Projects

French bank could finance up to $2bn of the Saudi energy company's initiatives over the next two years

Rosatom

ROSATOM's Executives Discussed the Role of Energy Technologies in Combating Climate Change at the Global Impact Conference 2021

The event was held with the support of ROSATOM, Euronews, Europe's leading news channel, UN Global Compact, and VK as a digital partner.

Waga Energy and Meridiam Secure Refinancing of Four Biomethane Units from French Banks Consortium

The deal underpins Waga Energy’s ability to rely on financial institutions to deploy its innovative WAGABOX® gas-to-biomethane technology.

Hydrogen Project

Huge $2.6 billion Green Hydrogen Project Planned for Europe

Hydrogen, which has a diverse range of applications and can be deployed in a wide range of industries, can be produced in a number of ways.

Solar Company

Canadian Solar Raises €30m War Chest

Fundraising will support build out of company’s 4.6GW solar portfolio and 2GWh battery portfolio

Nuclear Fusion

Equinor Ventures Increases Investment in Fusion

Equinor Ventures, the venture capital arm of Equinor, is increasing its investment in Commonwealth Fusion Systems as part of the Series B funding round to raise…

Iberdrola to Increase Energy Prices from January 1

Iberdrola Ireland said it will increase its gas and electriciy prices from January 1, becoming the latest energy supplier to announce price hikes.

Solar Power Plant

UK Fund Finances Two Solar Projects

Investment in 115MW sites part of £500m fundraiser to double the amount of subsidy-free PV

‘The Energy Sector is Ripe for Disruption’ Says Siemens Chief

“After COP26, no-one would dispute that the energy sector is ripe for disruption. We have to go through profound change.”

Hydrogen Technology

Centrica Acquires a Stake in Green Hydrogen Technology Company

UK utility Centrica has acquired a minority stake in HiiROC, a company that has developed a technology to convert biomethane and flare gas, or natural gas into …

Oil Field

Aramco Awards Contracts Worth $10bn to Develop Giant Jafurah Gas Field

The company plans to invest more than $100bn to develop the field that will make Saudi Arabia one of the world’s largest natural gas producers