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Oil & Gas Trade
OnTurtle Makes Major Expansion With 88 Fuel Service Stations
OnTurtle, as part of its expansion plan developed together with its German supplier, BAYWA, has expanded its presence in Germany with 88 new fuel service statio…
Energy Investment
ES Kapital Invests in Munich Start-Up KEYOU
Innovative hydrogen technologies developer KEYOU has announced ES Kapital as its new financial investor.
Hydrogen Fuel Cell Vehicle
Nikola Breaks Ground on $600m Arizona Facility
Nikola Corporation has broken ground on its $600m Coolidge, Arizona manufacturing facility that will produce the US start-up’s hydrogen-electric heavy-duty tru…
Energy Technology
HDF and Teréga Launch HyGéo Project
Hydrogène de France and Teréga have signed an agreement to develop mass hydrogen storage solutions in salt caverns for multiple applications.
Market Analysis
Biebuyck Hails Ambition of EU Hydrogen Strategy
Bart Biebuyck, Executive Director of Fuel Cells and Hydrogen Joint Undertaking (FCH JU), hailed the ambition of the recently released European Union’s (EU) rec…
Solar Power Plant
Double Tax on Solar Imports Could Collapse ‘Large Numbers’ of Indian Projects: Fitch
The threat of a double taxation of solar in India via both safeguard and basic custom duties could squeeze developers and result in large numbers of project can…
Energy Saving
Driving Manufacturing Efficiency Through Gas-Generated Energy
Industries around the world are investing in alternatives such as gas-generated energy to supplement their electricity supply to ensure they can continue operat…
Oil Field
Petrobras, Karoon Agree on Changes to Terms of $665 mln Sale of Baúna Field Stake
Under the new terms, Karoon is paying an initial $380 million to Petrobras, including a $49.9 million downpayment made on July 24.
Wind Farm
Repsol to Purchase 1.6GW of Renewable Assets in Chile
Repsol has agreed to form a joint venture (JV) with Grupo Ibereólica Renovables to manage a portfolio of renewable energy projects in Chile.
Energy Investment
Brazil’s Eneva Offers $1.4bn to Acquire Stake in AES Tiete
Brazilian power generation company Eneva has reportedly submitted an offer of a $1.44bn (BRL7.5bn) to acquire a controlling stake in AES Tiete Energia.
Thermal Plant
Wärtsilä to Deliver Dual Fuel and Storage Solution for Virgin Lslands Power plant
Wärtsilä will deliver engineering, construction, dual-fuel engines and energy storage capacity for a new power plant in the U.S. Virgin Islands.
Electricity Transmission
Iberdrola Slams UK’s Proposal for Lower Network Returns
Spanish utility Iberdrola's chief executive, Ignacio Galan, has strongly criticised UK energy regulator Ofgem's proposal to cut the allowed return on equity for…
Oil & Gas Trade
Kuwait Heavy Oil Output to Hit 75,000 b/d by September
State-owned KPC's upstream arm KOC has been ramping up production from the South Ratqa heavy oil field and expects to reach its phase one plateau target of 60,0…
Crude Oil
Indian Refinery Runs Edge Higher in June
Indian refining throughputs rose back above 4mn b/d in June in a partial recovery from the Covid-19 downturn, but remained well below year-earlier levels.
Energy Investment
Efficiency Companies Raise $858 Million In VC Funding In 1H 2020
Funding into Battery Storage and Efficiency companies was down in the first half of 2020
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