Energy economy

Energy Storage System

Energy Vault Valued at $1.1 Billion After Merger

Energy Vault's merger with Novus Capital Corporation II values the grid-scale energy storage provider at $1.1 billion, the company announced Thursday.

Energy Investment

DOE Building a Bridge to Bankability for Nuclear

The private sector must be prepared to provide the funds needed to take new and innovative reactor technologies from the first deployment stage to wide-scale co…

China

China Launches Pilot Green Power Purchase Scheme

China has launched its first green power purchase scheme to encourage the use of renewable energy by offering market incentives.

Oil Field

Iraq and Total Sign $27 bln Energy Projects Deal

France's Total will build four giant energy projects in southern Iraq under a $27 billion deal signed in Baghdad on Sunday, the country's oil minister said.

Oil Field

Mubadala Petroleum Finalises $1bn Deal for 22% Stake in Israel's Tamar Gas Field​​​​​​​​​​

The company already operates in the Eastern Mediterranean within the Zohr gas field

Oil & Gas Trade

India’s ONGC May Buy Stake In Rosneft’s Massive Arctic Oil Project

A consortium of Indian energy companies—including state major ONGC—is in early talks with Rosneft for the acquisition of a stake in the Russian state company…

Oil & Gas Trade

Abu Dhabi’s Taqa Looks to Sell UK, Dutch Oil and Gas Assets

Abu Dhabi National Energy Co. has begun a process to sell its oil and gas assets in the Netherlands and the UK, according to documents seen by Bloomberg.

Rosatom

Rosatom and Russia’s Far East and Arctic Development Ministry Sign Cooperation Agreement

Rosatom signed a cooperation agreement with the Ministry for the Development of the Russian Far East and Arctic in the framework of the VI Eastern Economic Foru…

Wind Farm

Octopus to Acquire 181MW Oz Project from RES

Octopus Australia is to acquire the 181MW Dulacca Wind Farm in Queensland from RES.

Energy Investment

National Grid Acquisition of PPL WPD Investments Approved by CMA

WPD delivers electricity to more than eight million customers and employs more than 6,500 people.

Energy Investment

Pakistan Invests $305 million to Explore for Oil in UAE’s Persian Gulf

The United Arab Emirates awarded an oil concession to companies from Pakistan for the first time.

Power Construction

Kuwait Seeks Investors to Finance Three Power Projects

About 7,500 megawatts of the 14,000 MW it needs over the next 20 years will come through these partnerships, which industry sources say will require investments…

Wind Power Project

Aquila to Sell Statkraft Finnish Wind Power

Norwegian energy company Statkraft is to buy electricity from German real asset investment manager Aquila Capital from wind farms in Finland under power purchas…

Russian Federation

Rosatom-Organized Expedition to the North Pole for Talented Russian Pupils and Students Concludes

On August 24, 2021, the educational expedition to the North Pole Icebreaker of Knowledge.

Rosatom

Rosatom Holds Educational Expedition to North Pole for Talented Russian Students

From 14 to 24 August, Rosatom conducts an educational expedition to the North Pole on the “Icebreaker of Knowledge.