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Investment
Energy Investment
Iran Considers Allowing People to Invest in Oil on Local Exchange
Iran is considering letting residents invest in oil on the domestic energy exchange.
Energy Storage Project
Final Phase of Council-Owned Battery Storage Site Goes Live in the UK
Fideoak Mill in Taunton will provide grid-balancing services to National Grid and demonstrates how investment in battery storage and renewables can generate inc…
Gas power plant
Siemens and BP to Expand Largest Gas-to-Power Project in Latin America
Brazil-based State Power Investment Corporation, has signed a deal with EIG Global Energy Partners, bp and Siemens to acquire a 33% stake in the largest gas-to-…
LNG
Brazil’s SPIC to Acquire Stake in LNG-to-Power Projects
Brazil’s State Power Investment Corporation (SPIC) has signed an agreement with Siemens, BP and Prumo to acquire a 33% stake in two LNG-to-power projects.
Hydrogen Fuel Cell
Bambili to Play a Key Role in South Africa’s Hydrogen Future
Bambili Energy, part of South African investment firm Bambili Group, has said it will provide guidance on accelerating the deployment of hydrogen fuel cell tech…
Saudi Arabia
Saudi Aramco Still Aims for $15 Billion Investment in India’s Reliance
Saudi Aramco said it’s still working on a deal to buy a $15 billion stake in Reliance Industries Ltd.’s refining and chemicals business, even as lower oil pri…
United Arab Emirates
Abu Dhabi Plans to Construct New Projects in Energy Sector
Awaidha Murshed Al Marar, Chairman, Abu Dhabi Department of Energy (DoE), has said that encouraging investment in the energy sector is one of the department's s…
Hydrogen Fuel Cell
Australian Demonstration Project will Convert Biogas to Hydrogen
Australia-based Hazer Group on July 31 announced its board has made a final investment decision to proceed with the development of a commercial demonstration pl…
Investment Guide
China's Investment Cooperation with Countries Along the "Belt and Road" in the First Half of 2020
Chinese companies invested RMB 57.1 billion in non-financial direct investment in 54 countries along the “Belt and Road”.
Energy Technology
World's First Carbon-Negative Hydrogen Project gets Green Light
A final investment decision has been taken to move forward with the world’s first carbon-negative hydrogen commercial pilot project
Electric Vehicle Charging
Turbocharging the Expansion of the Spanish EV Charging Grid
The European Investment Bank and Endesa are collaborating to expand the EV charging grid and electric mobility in Spain.
Hydropower Plant
Calls for more Better Financing and Regulation for Hydro Modernisation in South American
More investment and regulatory support is urgently needed to encourage the modernisation of hydropower projects in South America.
Energy Investment
Tokyo Gas to Spend $657 mln in U.S. Shale, Solar Assets
Tokyo Gas will also pay up to 49 billion yen to purchase the 630 megawatts Aktina solar power project in Texas from Hecate Energy, a U.S. renewable energy devel…
Saudi Arabia
MENA Fund to Increase Saudi Investments with Eye to Recovery
Middle Eastern fund managers plan to increase investments in Saudi Arabia in the current quarter, betting on the kingdom’s ability to bounce back from the coro…
Thermal Plant
Greece to Phase-Out Lignite Power Generation by 2023 with EIB Loan
The European Investment Bank has issued €125 million ($146.3 million) loan for the development of a new power generation plant in Greece.
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