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Energy firm
Energy Storage Project
Construction Begins on One of the World’s Largest Solar + Battery Facilities
Norwegian renewable energy firm Scatec ASA has started construction of the three Kenhardt projects in the Northern Cape Province of South Africa.
Petronas Says Taking Steps to Protect Global Assets After Seizure of Luxembourg Units
Malaysia's state energy firm Petronas said it was taking steps to protect the legal position of all its global assets after two Luxembourg-based subsidiaries we…
Net Zero Emission
Norway’s Statkraft Stakes Out 2030 Growth Target Amid EU’s Ambitious Green Push
Norwegian state-owned energy firm Statkraft on Tuesday presented its expanded renewables growth strategy out to 2030 seeking to capitalise on stronger European …
Clean Energy Transition
Malaysia’s Petronas Launches Clean Energy Firm to Lead Carbon-Free Push
Malaysia's Petronas on Thursday announced the establishment of a new clean energy solutions company, Gentari, as part of a global push by the state oil firm to …
Offshore Wind Power
Masdar, KEPCO to Explore Offshore Wind Project Opportunities
United Arab Emirates-based energy firm Masdar and KEPCO signed a memorandum of understanding to explore development opportunities in the offshore wind energy se…
Net Zero Emission
Enel Exits Gas-Fired Plant to Become 100% Renewable in Brazil
Enel Brasil has signed a deal to sell its entire stake in a 327-MW gas-fired thermal power plant to local energy firm Eneva SA (B3:ENEV3), thus becoming 100% re…
Energy Security
Russia Slaps Sanctions on Western Energy Firms
Moscow has imposed sanctions on more than 30 EU, US and Singaporean energy companies in a retaliatory move following western penalties imposed on Russian.
LNG
Hyundai Glovis Wins LNG Shipping Deal From Australia
Hyundai Glovis Co., the logistics unit of Hyundai Motor Group, said Tuesday it has signed a long-term liquefied natural gas (LNG) shipping deal with Australian …
Wave Energy
AWS Ocean Energy Starts Shakedown Trial for Waveswing Converter
Scottish wave energy firm AWS Ocean Energy has started sea trials of its Waveswing wave energy converter at the European Marine Energy Centre’s (EMEC) Scapa Fl…
Shell Launches Start-Up Accelerator Programme at Expo 2020 Dubai
UK energy firm Shell announced a three-month start-up accelerator programme for UAE energy companies.
Azerbaijan
Masdar Breaks Ground for 230MW Solar Project in Azerbaijan
United Arab Emirates-based energy firm Masdar held a groundbreaking ceremony for the construction of the 230-megawatt (MW) solar plant project in Azerbaijan.
Energy Investment
China Considers Stake Acquisitions in Russian Energy Firms
China is in negotiations with firms including China National Petroleum, and China Petrochemical.
Crude Oil
Eni Suspends Russia Oil Purchase over Ukraine Invasion
Eni, which has already suspended its JVs with Russia’s Rosneft, has take-or-pay gas contracts with Russian energy firm Gazprom.
Wave Energy
Scottish Wave Energy Firm Lands £730,000 Funding
A wave power company has secured a major new investment to speed up the commercial rollout of its technology.
Australia
Australia’s Squadron Plans $2.2bn Renewables Project
Australian energy firm Squadron Energy plans to build a A$3bn ($2.15bn) wind, solar photovoltaic (PV) and battery project in Queensland.
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