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Invest
Green Hydrogen
Oman’s First Green Hydrogen Project Fid in 2026-27
As many as eight consortiums have secured land blocks over the past two years to invest in large-scale green hydrogen schemes in the central and southern parts …
Gas power plant
Pembina Pipeline Invests in Alberta Gas-Fired Power Plant
Pembina Pipeline has announced its investment in a proposed gas-fired combined cycle power generation facility of up to 1,800 MW, and Kineticor Asset Management…
Hydropower Plant
SSE Renewables to Invest £70M in Lochay Hydropower Station, Scotland
SSE Renewables plans to repower the 45MW Lochay hydropower station in Perthshire, Scotland, with a £70m ($88.5) investment up to 2028.Lochay power station…
Oil & Gas Trade
Finland to Release Oil Tanker Suspected of Power Cable Breach
Finland will release an oil tanker which investigators believe broke a Baltic Sea power cable and four internet lines late last year, and will escort the vessel…
Hydrogen Production
Portugal: EIB Finances Galp’s Renewable Hydrogen and Biofuels Projects in Sines With €430 Million
The European Investment Bank (EIB) has granted a €430 million loan for the construction of two key projects aimed at transforming Galp’s Sines Refine…
Hydropower Plant
SSE to Invest £70 Million to Repower Lochay Hydropower Station
SSE will invest £70 million over the next three years to repower Lochay Hydro Power Station in Perthshire, Scotland. The refurbishment aims to update the …
Battery
UK Battery Start-up Volklec Unveils Plans for £1BN Gigafactory
Volkec, a UK start-up based in Coventry, is partnering with a Chinese supplier to build a 10GWh gigafactory with an investment exceeding £1bn ($1.26bn). Suppor…
Power Construction
German Energy Giant E.ON Seeks Higher Grid Returns
E.ON, Europe’s largest energy network operator, has called on Germany’s incoming government to improve returns on energy networks. The company highl…
Metal
Rio Tinto Subsidiary Rincon Selects Worley for $2.5bn Lithium Project in Argentina
Rincon Mining, a subsidiary of Rio Tinto, has appointed Worley as the lead integration delivery partner (LIDP) for the Rincon full potential lithium project in …
Photovoltaic (PV)
BOOM Power, Topsun form solar alliance
BOOM Power has entered into a co-investment agreement with Topsun for the Low Farm Solar Farm in the UK. Covering 210 acres, this 49.9MW initiative is situated …
Nuclear Reactor
EDF Delays FID on Six New Nuclear Reactors to H2 2026
EDF’s net debt for 2024 remained stable at €54.3bn.French energy company EDF has postponed its final investment decision (FID) on six new nuclear reactors in …
Oil Refinery
Russia Signs Memorandum to Build Port, Oil Refinery in Myanmar
Myanmar and its close ally Russia signed a memorandum on investment cooperation in a special economic zone in Dawei, including construction of a port and an oil…
Oil Price
Oil Prices Slip as Kurdistan Export Resumption Looms
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices slipped in Asia on Monday, extending losses from last week, on t…
Photovoltaic (PV)
Transformer Fire at Australian Solar Farm Under Investigation
Electricity distribution company Powercor Australia attended the scene of a solar farm transformer fire near Raywood, Victoria, which is now being investigated …
Oil Price
Oil Holds Above $72 Amid Supply Uncertainty
Oil prices extended modest gains above $72 as supply concerns, a weaker dollar, and refinery shifts influenced market sentiment, while trading remained rangebou…
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