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Oil & Gas Trade

Shell Sees $6 Billion Oil, Gas Investments in Nigeria, Presidency Says

People sit at the Shell booth on the day of the opening of the Nigeria Oil and Gas 2022 meeting in Abuja, Nigeria July 4, 2022. REUTERS/Afolabi Sotunde/File Pho…

Offshore Wind Power

Ørsted Offloads 50 Pct of Gode Wind 3 to UK Investor

Ørsted has completed the divestment of 50 per cent of its 253 MW Gode Wind 3 offshore wind farm in Germany to funds managed by Glennmont Partners from Nu…

Green Hydrogen

New Green Hydrogen Project to Expand Acwa Power's Portfolio in Indonesia

ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, PT Perusahaan Listrik Negara (…

Energy Storage Project

Mubadala Unveils £270 Million Investment in Battery Developer Zenobē

Zenobe operates across a number of international markets including the UK, Australia, New Zealand, Europe and North America. Image: Zenobe.The Abu Dhabi soverei…

Microgrid

Türkiye Plans $10 Billion of Grid Investments by 2030: Energy Minister

The utilization of renewables and upgrading transmission infrastructure for more renewables are Türkiye’s major areas of focus, Energy Minister Alpar…

Microgrid

All On, GEAPP Commit $15M for 350KW Mini-Grid in Nigeria

All On and the Global Energy Alliance For People and Planet (GEAPP) announced $15 million in investments on top of existing deployments to expand the Demand Agg…

Power Construction

Tanzania and the East African Community (Eac) at the Centre of Regional Transmission Expansion: Tanzania Energy Cooperation Summit 2024

Confirmed as one of the most stable and important investment destinations on the continent, Tanzania prepares to host the fifth annual Tanzania Energy Cooperati…

Offshore Wind Power

Iberdrola Joins Forces With Masdar to Co-invest 15 Billion in Offshore Wind and Green Hydrogen in Germany, the United Kingdom and the United States

Following the successful investment agreement in Baltic Eagle in Germany, the first milestone of this alliance is a co-investment in the 1,400 megawatt (MW) Eas…

Hydropower Plant

Japanese Company to Build 2 Small Hydropower Plants on Chon-Kemin River

The Cabinet of Ministers has endorsed a draft of the investment agreement on construction of 2 small hydropower plants on the Chon-Kemin River.The given agreeme…

Crude Oil

BP to Become Sole Owner of Lightsource BP

BP signed a deal to acquire the 50.03 percent ownership share in Lightsource BP that it does not already own.BP PLC has signed a deal to acquire the 50.03 perce…

Solar Power Plant

ACCIONA Energía to Start Construction of the Aldoga Solar Farm in Australia

ACCIONA Energía has announced today that the construction of the Aldoga Solar Farm in Australia, with a total capacity of 380MW and an associated investm…

SAF

Infinium Receives $75M Equity Commitment for Saf Efuels Project Roadrunner; Offtake Agreement With American Airlines

Infinium and Breakthrough Energy Catalyst announced a $75-million project equity investment commitment to support Infinium’s Project Roadrunner, subject t…

Offshore Wind Power

Totalenergies Signs Investment Agreement for Wind Energy Project in Kazakhstan

TotalEnergies has announced the signing of an investment agreement for the Mirny wind energy project in Kazakhstan. This project aims to develop a wind power pl…

Offshore Wind Power

EIB and Ørsted Sign €400M Loan to Finance New Wind Energy Production in Denmark

The European Investment Bank (EIB) and Ørsted have signed a €400 million framework loan agreement to finance new wind power production. By supportin…

Renewable Energy

Tripling Renewables by 2030 Is Feasible and Will Mobilise Investments of 2.2 Trillion Dollars per Year

The Executive Chairman of Iberdrola stresses that achieving the goal of tripling renewables will require investments of 2.2 billion euros per year and that regu…