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Nuclear Power Plant
NuScale Merger to Accelerate SMR Commercialisation
NuScale Power has announced plans to merge with Spring Valley Acquisition Corp to create a new "first of its kind" energy company to accelerate the commercialis…
Hydrogen Project
POSCO International Acquires Senex Energy to Expand Hydrogen Biz
POSCO International is pursuing global mergers and acquisitions in preparation for the energy transition era.
Energy Investment
Woodside to Invest $7b in Emerging Energy
Oil and gas supplier Woodside will invest $7 billion in low carbon energy by 2030 while still benefiting from a recently-announced merger with BHP's petroleum b…
Crude Oil
Guyana To Become The 11th Country To Produce Over 1 Million Bpd
The tiny South American nation of Guyana has emerged as the hottest offshore drilling location on the continent over the last six years.
United States
More Gulf of Mexico Work for Seadrill Rigs
While working to emerge from Chapter 11, offshore drilling contractor Seadrill has secured more work for its rigs in the U.S. Gulf of Mexico and added about $0.…
Microgrid
Renewable Energy Microgrid to Power Japan’s Okinoerabu Island
The microgrid will use Kyocera’s energy management system, storage batteries, solar, and wind to maintain power even during emergencies or natural disasters, a…
Energy Investment
TotalEnergies, Eni to Invest billions in Libyan Energy Projects
France’s TotalEnergies SE and Italy’s SpA said they were ready to invest billions of dollars in Libya as the OPEC nation emerges from a decade of conflict and…
Natural Gas
BHP, Woodside Agree on $12 billion Australian Gas Project
BHP Group and Woodside Petroleum Ltd. approved investment in a $12 billion Australian gas project as the companies also confirmed details of a merger to combine…
Geothermal Power Plant
Drilling Kicking off for Patuha/ Dieng Geothermal Plant Expansion, Central Java
As part of news on geothermal production bonus payments to local administrations, which will increase the Regional Original Income (PAD), news emerge on the imm…
China
China Establishes Electricity Equipment Giant Through Merger
China has established a central government-controlled electricity equipment company through a merger, according to a statement issued by the State-owned Assets …
Offshore Wind Power
SSE Merges Scottish Offshore Projects to Create 4.1GW Giant
Berwick Bank and Marr Bank developments can be delivered more quickly as a single entity, says developer
Energy Storage System
Energy Vault Valued at $1.1 Billion After Merger
Energy Vault's merger with Novus Capital Corporation II values the grid-scale energy storage provider at $1.1 billion, the company announced Thursday.
Energy Security
Biden Urged to Take 'Emergency' Measures to Save Nuclear Plants
Separately, Exelon said its Illinois nuclear fleet, including Byron and Dresden, operated at full power levels during the hottest July on record.
Crude Oil
World’s Biggest Miner BHP Quits Oil In Megadeal With Woodside
BHP is offloading its oil and gas assets in an all-stock merger of its petroleum division with Woodside, which will create one of the world’s top ten independe…
New Zealand
New Zealand’s Energy Emergency
However, gas production issues have limited the amount that can be supplied.
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