Res

Oil & Gas Trade

Algeria and Spain in talks to increase gas supply

Spain ​and Algeria are in talks to increase the supply of natural gas ‌from Algeria, Spanish Foreign Minister Jose Manuel Albares said on March 26 after m…

Gas power plant

Duke Energy secures approval for gas plant in South Carolina

Utility Duke Energy said on March 26 that the ​Public Service Commission of South ‌Carolina had approved its plan to build new natural gas-fired ​generat…

Philippines

The Philippine President Marcos: PH has enough crude oil until June 2026

President of the Philippines Ferdinand Marcos Jr. on Friday announced that the country has sufficient crude oil supply to last until June 30, 2026.

Philippines

President announces successsful drill, test of second Malampaya well

President of the Philippines Ferdinand Marcos Jr. on March 26 announced that the Camago-3 well has been successfully drilled and tested, producing up to 60 mill…

South Korea

YIDO Secures Final Approval for 70MW Solar Project in Korea

YIDO, a professional infrastructure asset management company, announced on the 27th that it has received final approval for a solar power generation project in …

South Korea

Hyundai Motor Group Expands Vehicle Odd-Even Driving Scheme,consider expanding the scale of solar power generation and energy storage systems

Hyundai Motor Group announced on the 27th that it will expand the five-day vehicle restriction system in accordance with the government's energy-saving meas…

Canada

Brookfield, La Caisse Acquire Clean Energy Platform Boralex for $6.5 Billion

Brookfield Asset Management and La Caisse have teamed up to acquire Canadian renewable energy company Boralex for around C$9bn ($6.5bn), including debt.The acqu…

Hydropower Plant

Kazakhstan set to build small hydropower plants in three regions

The Kazakh Water Resources and Irrigation Ministry prepares design and cost documentation for the construction of small hydropower plants at the Samarkand reser…

Biofuel

Octopus Energy backs billion-dollar biomass-to-SAF project in Nova Scotia

Octopus Energy Generation is planning to invest up to $6 billion in a sustainable aviation fuel facility in Nova Scotia that will convert forestry waste biomass…

South Korea

S. Korea to enforce naphtha export restriction starting Friday: finance minister

South Korea will begin restricting naphtha exports from Friday amid growing supply shortages due to the Middle East situation, Seoul's finance chief said on…

Energy Investment

Zelestra secures $600 million for 440 MW Texas solar portfolio to supply solar portfolio

Renewable energy developer Zelestra has closed a $600 million green project financing package to fund the construction and development of two utility-scale sola…

India

Ceigall India Strengthens Renewable Portfolio with 337 MW Solar PPAs from MSEDCL

Ceigall India has executed two long-term Power Purchase Agreements (PPAs) for the development of solar photovoltaic power-generating stations with a combined ca…

Wind Turbine

Nordex wins first order for extra-high turbines suitable for low wind

Nordex SE has received an order to supply turbines suitable for low wind conditions for a 21-MW onshore wind project in Germany, representing the first contact …

Kazakhstan

Kazakhstan and Shell strengthen cooperation in oil and gas sector

Kazakh Energy Ministry Yerlan Akkenzhenov held a meeting with Shell CEO Wael Sawan in the U.S.Photo credit: Kazakh Foreign MinistryThe press service of the Kaza…

LNG

Baker Hughes to Supply Tech for Offshore LNG Project in Texas

Baker Hughes has secured a contract to supply gas compression and power generation technology for ST LNG’s proposed 8.4 million tonnes per annum liquefied…