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Solar Power Plant
Total Buys 3.3GW Solar Portfolio and Signs World’s Largest Corporate PPA
Oil major Total has acquired a 3.3-gigawatt solar project pipeline in Spain and will be the offtaker for 3 GW, enough to power its European operations.
Energy Investment
Canadian Government Commits C$320 Million to Aid Offshore Oil Industry
Canada will spend C$320 million to support its offshore oil industry, which has struggled as coronavirus pandemic travel restrictions reduced demand.
Oil & Gas Trade
Iraqi Oil Ministry Denies Deal to Up Oil Exports
Iraq's oil ministry on Thursday denied a media report citing Oil Minister Ihsan Abdul Jabbar as saying an agreement was imminent with the OPEC+ group to increas…
Market Analysis
Report Highlights Need for Nuclear Flexibility in Clean Energy Systems
As the growth of variable generators, like wind and solar, continue to gain traction around the world, it’s important to question the level of flexibility of a…
Coal Mine
VGK Starts Work on Conveyor Support Foundations
VGK has recently started work on the construction of the foundation as part of the project for the construction of a 23 km main coal conveyor on Sakhalin.
Biobattery
UK Opens Consultation on Green Gas Levy to Support Biomethane
The U.K. government has opened a public consultation an initiative that aims to scale up the production of renewable natural gas, also referred to as bioemethan…
Market Analysis
ConocoPhillips Sees Global Oil Demand Returning, Executive Says
U.S. oil producer ConocoPhillips COP.N sees global demand returning to 100 million barrels per day and growing from there, with oil an "important part of the en…
Oil & Gas Trade
Iran Opens Navy Base At World’s Most Crucial Oil Chokepoint
The Islamic Revolution Guards Corps of Iran opened this week a new naval base in a coastal town along the world’s most important oil chokepoint, the Strait of …
Russian Federation
Nuclear Icebreaker Arktika is Heading to Murmansk
On September 22, Arktika, the lead universal nuclear-powered icebreaker, departed from the completion embankment of the Baltic Shipyard in St. Petersburg toward…
China
China's First Domestic-Support Deepwater Oilfield Cluster Begins Production
China's first domestic-support deepwater oil and gas project, Liuhua 16-2 offshore oil fields cluster, has started operation after 30 months of construction. …
Portugal
Portugal and the Netherlands Sign Green Hydrogen Agreement
The transportation of green hydrogen from Portugal to the Netherlands will be explored thanks to a new memorandum of understanding signed between the countries.
Energy Transition
Shell and Microsoft Expand Partnership for Net-Zero Emissions
Shell and Microsoft have jointly announced a strategic energy and technology alliance to support each other in achieving net-zero targets.
LNG
Russia's Arctic LNG Project Receives US$9.5 Billion in Financing
International lending institutions have arranged approximately US$9.5 billion in financial support for Russia’s Arctic Liquefied Gas project.
Nuclear Power Plant
Austria Fails in Attempt to Block Hinkley Point C
The European Court of Justice has rejected Austria's appeal against the European Commission's 2014 decision to approve the UK's support for the Hinkley Point C …
Biobattery
Natural Resource Canada Funds 11 Bioenergy Projects
Natural Resource Canada is has announced it will award approximately $21 million to support several clean energy projects in Indigenous communities in Ontario a…
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