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Investment
Oil & Gas Trade
UAE's ADNOC Closes Acquisition of 24.9% Stake in Austria's OMV
Abu Dhabi National Oil Company (ADNOC) said on Thursday it has formally closed the acquisition of a 24.9% stake in Austrian oil and gas group OMV (OMVV.VI), ope…
Hydrogen Project
Egypt Signs 7 Green Hydrogen MoUs Worth a Potential $40 Billion
Egypt has signed seven memoranda of understanding with international developers in the fields of green hydrogen and renewable energy in the Suez Canal Economic …
PowerGrid Technology
Sempra Boosts Capex by 20% as California, Texas Drive Power Demand
U.S. electric utility Sempra (SRE.N), opens new tab on Tuesday raised its five-year capital expenditures plan by 20% to $48 billion, as power demand growth in T…
Offshore Wind Power
Record Year for Wind Farms Raises Hope for EU Green Energy Goals
A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo Purchase Licensing RightsA reco…
Hydrogen Project
Logan Receives £5M to Support Hydrogen Plans
Bill Ireland: energy mixLogan Energy has secured £5 million to develop its hydrogen power technology and expand its operations.More than half the funding …
Hydrogen Production
Germany's SEFE Considers Hydrogen Investments
SEFE is looking to adapt pipelines so they can transport hydrogen. Credits: Audio und werbung/Shutterstock.German nationalised gas trader SEFE is considering ad…
Solid-State Batteries
Ascend Elements Raises Additional $162M to Produce Sustainable LI-Ion Battery Electrode Materials in US
In a follow up to one of last year’s largest cleantech private equity placements, Ascend Elements raised $162 million in new equity investments. Major inv…
Energy Storage Project
Ascend Elements Raises Additional $162M to Produce Sustainable LI-Ion Battery Electrode Materials in Us
In a follow up to one of last year’s largest cleantech private equity placements, Ascend Elements raised $162 million in new equity investments. Major inv…
LNG
United States Primed to Spearhead Africa's Liquefied Natural Gas (LNG), Floating Liquefied Natural Gas (FlNG) Expansion
As Africa looks to develop its gas for domestic and export markets, the U.S. is honing in on LNG as a critical investment avenue, alongside traditional oil expl…
Nuclear Reactor
Investment Contract Supports US Demonstration Reactor Project
The US Department of Energy (DOE) and Kairos Energy have signed a technology investment agreement to implement an Advanced Reactor Demonstration Program (ARDP) …
Energy Storage Project
Blackrock, Temasek-Led Group Invest $150 Mln in Thermal Battery Maker Antora
Thermal battery maker Antora Energy on Thursday said it has raised $150 million in a funding round led by a tie-up between the world's biggest asset manager…
Substation
Hitachi Energy Invests Over 30 Million Euros to Expand Transformer Operations in Germany
Hitachi Energy today announced an investment of more than 30 million euros (approx. $32 million) in the expansion and modernization of its power transformer man…
Oil & Gas Trade
Nigeria Issues Call for Deepwater Gas, Infrastructure Investment
Sitting on an estimated 203 trillion cubic feet of natural gas, Nigeria is on a mission to monetize its gas resources and become a leading LNG exporter to globa…
Carbon Emissions
Britain to Exit Energy Charter Treaty Over Failure to Align With Net Zero
Britain said on Thursday it will follow other European countries in leaving an international treaty which has been criticised for blocking efforts to fight clim…
Coal-Fired Power Plants
Indonesia's New Green Investment Rulebook Includes Coal Power Plants
Smoke and steam billows from the coal-fired power plant owned by Indonesia Power, next to an area for Java 9 and 10 Coal-Fired Steam Power Plant Project in Sura…
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