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Energy economy
Energy Investment
More Investment in Supply Side of Gas Need of the Hour: GECF
As the climate crisis threatens to provoke an energy crisis, the world should approach decarbonisation carefully to prevent artificial acceleration of ‘greenin…
Wind Farm
Siemens Gamesa Signs $400m Vietnam Agreement
Deal with BCG Energy inked on the sidelines of COP 26 in Glasgow
Electric Car
Geely-Owned Volvo to Raise Over $2b in Stockholm IPO
Geely-owned automaker Volvo Car AB made its trading debut in Stockholm, Sweden on Friday, raising over $2 billion for its future development, especially in the …
O＆M
RES Completes Sale of Its Development and Construction Business
RES, one of the world’s largest independent renewable energy companies, has completed the sale of its development and construction business in France to Hanwha…
Coal-Fired Power Plants
G-20 Leaders Pledge to End Financing for Overseas Coal Plants
The leaders issued their final communique Sunday at the end of a two-day summit, ahead of talks at a broader U.N. climate change summit, COP26, this week in Gla…
Energy Investment
Saudi Arabia Signs Direct Investment Pact with UK in ‘Next Step’ for Green Initiatives
Agreement followed green finance roundtable at FII summit in Riyadh
Energy Investment
Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments
President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.
Mexico
Mexico's Pemex Back in Red Despite Oil Production Uptick
Higher tax payments and foreign exchange losses pushed Mexico's Petroleos Mexicanos back into the red in the third quarter, even as crude production recovered…
Nuclear Power Plant
UK Unveils New Funding Model for Nuclear Power Stations
The RAB model is expected to play an important role in attracting private investment for new large-scale nuclear power plants.
Wind Farm
European Energy Sells Three Lithuanian Projects
European Energy has divested three wind farms in Lithuania - its largest disposal to date.
Net Zero Emission
Bruce Power Launches Bruce Power Net Zero Inc
Canada’s Bruce Power on 21 October announced the launch of Bruce Power Net Zero Inc.
Oil Field
Iran Needs $11 Billion To Develop Oil Fields Along The Iraqi Border
Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported, citing the new head of the National Iranian…
Rosatom
The Days of Chinese Culture at JSC “AEM-Technology”
In honor of the Day of the People's Republic of China, all the Branches of JSC “AEM-Technology” arranged the Days of Chinese Culture with attendance of the re…
Oil & Gas Trade
Middle East Oil Exporters To See Fast Economic Growth In 2022
The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected,…
China
Vestas to Combine Its China and Asia-Pacific Business Regions
The turbine manufacturer aims to allocate its resources most efficiently by combining the two business regions.
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