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Energy Investment

Korea Needs to Invest More to Meet Wind Power Target

South Korea is in need of more aggressive investment in renewable energy sector in order to achieve its offshore wind capacity goal by 2030 and address the coun…

Energy Investment

Chevron Invests in Australian Lower-Carbon Projects

The Australian unit of US oil major Chevron, the operator of the Gorgon LNG project, will invest $29 million investment in Western Australian lower-carbon proje…

Wind Farm

Amancio Ortega Partners with Repsol for Its Investment in Wind Power

The owner of Zara breaks into the Aragonese renewable energy business through the Pontegadea investment fund with the purchase from Repsol of 49% of a wind farm…

Energy Storage Battery

A 104MWh Investment: Inside Conrad and GE’s Battery Storage Deal

Can Conrad Energy and GE Renewable Energy’s UK battery storage solution overcome renewable adoption challenges?

Solar Power Plant

SOLEK Teams up with BlackRock for up to 200 MW Solar Plants in Chile

Czech energy firm SOLEK has teamed up to with BlackRock investment group to cooperate on building solar plants in Chile with capacity of up to 200 megawatts.

Crude Oil

Eni Plans First Oil and Gas from Giant Cote d'Ivoire Find as Early as 2023 as more Blocks put on Offer

Italian energy major Eni plans to start oil and gas production from the giant Baleine discovery offshore Cote d'Ivoire as early as 2023 as the country put 32 mo…

EV Market

Opibus Secures SSA’s Largest-Ever Fundraise in Electric Mobility

The investment is the largest ever in an electric mobility company in sub-Saharan Africa and is aimed to scale its operations in electric motorcycle and bus man…

Energy Storage Battery

A 104MWh Investment: Inside Conrad and GE’s Battery Storage Deal

Conrad Energy and GE Renewable Energy have agreed to develop a battery storage solution for the UK. Could the project overcome many of the traditional challenge…

Oil Price

Shale Operators Stay the Course Despite Oil Price Rally

After spending a year heeding investor calls for prudence, independent US shale producers are in no rush to use windfalls from surging oil prices to ramp up out…

Wind Farm

RWE Invests in 44 MW Wind Farm in France

By deciding to invest in the Les Nouvions onshore wind farm, RWE is further expanding its renewables portfolio in France.

Energy Investment

KKR Invests $2bn in South Korean Energy Company SK E&S

Global investment firm KKR has invested KRW2.4trn, on behalf of its Asia Pacific infrastructure fund in South Korean energy company SK E&S.

Morocco

Morocco to Mobilize Global Investment of $1.6 Billion in Wind Energy

Morocco will mobilize global investment of around 14.5 billion dirhams ($1.6 billion) in a wind energy program, its foreign ministry said in a tweet on Tuesday.

Crude Oil

CNOOC Gives Green Light to Uganda Crude Project

China's state-controlled CNOOC has taken a final investment decision on the Kingfisher crude project in Uganda.

Crude Oil

Oil Exporters to See Large Surpluses in 2021 and 2022 Amid Higher Crude Prices

Prices are also up because of underinvestment in the sector, which led to tighter supply

Electrification

COP26: New Alliance to Unlock $100bn for Renewable Electrification

The Global Energy Alliance for People and Planet will be launched today at COP26 to accelerate investment in green energy transitions and renewable power soluti…