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Invest
Oil Field
Nigeria Says Exxon Commits $1.5b to Deepwater Development
Exxon Mobil Corp. has committed $1.5 billion to develop a deepwater oil field in Nigeria, as the country seeks to increase its oil production. The investment, p…
Offshore Wind Power
Surveys for Ørsted’s Australian Offshore Wind Projects Completed
Ørsted, a global leader in renewable energy, has completed geotechnical and geophysical investigations at two offshore wind farm sites in Gippsland, Australia.…
Solar project
Financing Secured for 62 MW Solar Project in Togo
The African Development Bank (AfDB) is investing €26.5 million to support a 62 MW solar power project in Sokodé, Togo. French utility Électri…
Metal
Sumitomo to Acquire 30% Stake in Rio Tinto’s Winu Project in Australia
Sumitomo Metal Mining (SMM) has entered into agreements with Rio Tinto to acquire a 30% stake in the Winu copper-gold project, located in Western Australia&rsqu…
Hydrogen Project
Hystar Secures More Than $36 Million to Fast-Track Electrolyzer Deployment
Norwegian hydrogen technology company Hystar has secured over $36 million in a Series C funding round to expand the commercial production of its electrolyzers. …
China
Sany to Invest $1.5bn in Overseas Sales Drive After IPO
Sany Heavy Industry, a leading Chinese equipment manufacturer, plans to raise $1.5 billion through an initial public offering (IPO) on the Hong Kong stock excha…
Offshore Wind Power
DFO Launches Offshore Wind Helicopter Initiative
Dong Fang Offshore has partnered with Apex Aviation to establish Taiwan’s first self-operated helicopter fleet dedicated to offshore wind operations and m…
Hydropower Plant
Uzbekistan, Slovenia Reach Agreement on Small-Scale Micro Hydropower Plants
Uzbekistan and Slovenia have reached an agreement to develop small-scale micro hydropower plants, as announced by Uzbekistan’s Ministry of Investment, Ind…
Energy Storage Project
American Energy Sector Set to Invest $100B in Battery Storage by 2030
The U.S. energy industry has pledged $100 billion over the next five years to develop and procure American-made batteries for large-scale battery energy storage…
Crude Oil
Oman Considering $8 Billion Sale of Natural Gas Assets, Sources Say
Oman is exploring the sale of a minority stake in natural gas assets within Block 6, valued at approximately $8 billion, to raise funds for state finances and s…
Nuclear Power Plant (NPP)
New Jersey Explores Building New Nuclear Amid High PJM Demand
The New Jersey Board of Public Utilities (NJBPU) has issued a Request for Information (RFI) to investigate the potential for developing new nuclear energy resou…
Dominica
DP World to Spend $760M Expanding Caucedo Port in the Dominican Republic
Global terminal operator DP World has committed $760 million to expand the Port of Caucedo and its adjacent free trade zone in the Dominican Republic. The inves…
Finland
NCC to Undertake $51.97m Redevelopment Project in Espoo, Finland
Nordic construction company NCC has been commissioned by HGR Property Partners, a real-estate development and investment firm, to redevelop and expand the Metal…
France
MSSA Doubles Production Capacity for Sodium Methylate in La Rochelle, France
MSSA, a leading sodium and lithium metal producer based in Saint Marcel, France, and a subsidiary of the International Chemical Investors Group (ICIG), has anno…
Power Construction
Scottishpower to Upgrade British Grid
The National Wealth Fund (NWF) has committed £600 million to Iberdrola for upgrading the UK’s power grid through its subsidiary, ScottishPower. This…
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