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Oil Field
Petrobras, Karoon Agree on Changes to Terms of $665 mln Sale of Baúna Field Stake
Under the new terms, Karoon is paying an initial $380 million to Petrobras, including a $49.9 million downpayment made on July 24.
Wind Farm
Repsol to Purchase 1.6GW of Renewable Assets in Chile
Repsol has agreed to form a joint venture (JV) with Grupo Ibereólica Renovables to manage a portfolio of renewable energy projects in Chile.
Energy Investment
Brazil’s Eneva Offers $1.4bn to Acquire Stake in AES Tiete
Brazilian power generation company Eneva has reportedly submitted an offer of a $1.44bn (BRL7.5bn) to acquire a controlling stake in AES Tiete Energia.
Power Construction
Arcadis Ost 1 Offshore Substation Starts Taking Shape
Construction of the upper part of the Arcadis Ost 1 offshore substation has now begun at the former Lenin Shipyard in Gdansk, Poland, Elia Group said.
Wind Power Project
RCG Joins Vietnamese Nearshore Wind Project
The Renewables Consulting Group has entered into a contract to provide technical advisory services for the Hiep Thanh nearshore wind farm in Vietnam.
Thermal Plant
Wärtsilä to Deliver Dual Fuel and Storage Solution for Virgin Lslands Power plant
Wärtsilä will deliver engineering, construction, dual-fuel engines and energy storage capacity for a new power plant in the U.S. Virgin Islands.
Oil & Gas Trade
Sinopec Unit Sells Gas Pipeline Asset to PipeChina
China's new oil and gas pipeline company PipeChina has made its first purchase of gas infrastructure assets.
Electricity Transmission
Iberdrola Slams UK’s Proposal for Lower Network Returns
Spanish utility Iberdrola's chief executive, Ignacio Galan, has strongly criticised UK energy regulator Ofgem's proposal to cut the allowed return on equity for…
Oil & Gas Trade
Kuwait Heavy Oil Output to Hit 75,000 b/d by September
State-owned KPC's upstream arm KOC has been ramping up production from the South Ratqa heavy oil field and expects to reach its phase one plateau target of 60,0…
Oil & Gas Trade
Indonesia’s August Gasoline Imports Likely to Stay Low
Indonesia's gasoline imports are expected to remain low in August despite increasing driving activity in the southeast Asian country.
Crude Oil
Indian Refinery Runs Edge Higher in June
Indian refining throughputs rose back above 4mn b/d in June in a partial recovery from the Covid-19 downturn, but remained well below year-earlier levels.
Wind Energy Technology
Tunisia Tackles Wind Energy with Wind Lidar
Technical consultancy Firnas Shuman delivers one-year ZX Lidars wind measurement campaign for major developer
Electric Car
Volvo Chief Stresses Importance of State-Backed Charging Infrastructure for Electric Vehicles
The chief executive of Volvo Cars described plug-in hybrids as a “very popular concept” on Tuesday, but emphasized the need for government support when it com…
Energy Investment
Efficiency Companies Raise $858 Million In VC Funding In 1H 2020
Funding into Battery Storage and Efficiency companies was down in the first half of 2020
Aker 2Q13 Earnings Impacted by Order Delays and Cancelations
Aker Solutions reported revenues of NOK 11.9 billion in the second quarter of 2013, compared with NOK 11.9 billion in the second quarter of 2012

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Petrobras, Karoon Agree on Changes to Terms of $665 mln Sale of Baúna Field Stake

Repsol to Purchase 1.6GW of Renewable Assets in Chile

Brazil’s Eneva Offers $1.4bn to Acquire Stake in AES Tiete

Arcadis Ost 1 Offshore Substation Starts Taking Shape

RCG Joins Vietnamese Nearshore Wind Project

Wärtsilä to Deliver Dual Fuel and Storage Solution for Virgin Lslands Power plant

Sinopec Unit Sells Gas Pipeline Asset to PipeChina

Iberdrola Slams UK’s Proposal for Lower Network Returns

Kuwait Heavy Oil Output to Hit 75,000 b/d by September

Indonesia’s August Gasoline Imports Likely to Stay Low

Indian Refinery Runs Edge Higher in June

Tunisia Tackles Wind Energy with Wind Lidar

Volvo Chief Stresses Importance of State-Backed Charging Infrastructure for Electric Vehicles

Efficiency Companies Raise $858 Million In VC Funding In 1H 2020

Aker 2Q13 Earnings Impacted by Order Delays and Cancelations