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Nuclear Policy
USA Lifts Nuclear Finance Ban
The USA has lifted its legacy prohibition on funding nuclear energy projects overseas.
Energy Investment
ES Kapital Invests in Munich Start-Up KEYOU
Innovative hydrogen technologies developer KEYOU has announced ES Kapital as its new financial investor.
Hydrogen Fuel Cell Vehicle
Nikola Breaks Ground on $600m Arizona Facility
Nikola Corporation has broken ground on its $600m Coolidge, Arizona manufacturing facility that will produce the US start-up’s hydrogen-electric heavy-duty tru…
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.
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.
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.
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…
Solar Power Plant
Solar Investment is Paying Off with Emissions Reduction for Montego
Montego Pet Nutrition has reported a 300-tonne reduction in CO2 emissions after installing solar panels.
Microgrid
Cummins Gas-Fired Generator Selected for Aussie Gold Mine Microgrid
Cummins has installed one of its lean-burn gas generators for a microgrid project at an Australian gold mine.
Oil Price
Oil Prices Edges up on Weak Dollar, U.S.-China Tensions Weigh
Brent crude LCOc1 was up 26 cents at $43.57 a barrel at 0944 GMT, while U.S. West Texas Intermediate (WTI) crude CLc1 was up 29 cents at $41.36.
United Kingdom
Centrica to Sell US Business for $3.6bn as First-Half Profit Falls
British Gas owner Centrica said it was selling its US energy business to NRG Energy $3.6bn (£2.87bn) as part of a plan to turn the company around.
Energy Storage Technology
Ocean Wave Energy Company Receives DOE Boost for Energy Storage Technology
Oscilla Power receives $1.1 million Phase II SBIR award to help investigate how farms of ocean wave energy devices can utilize energy storage to reduce costs.
Solar Power Panel
Chevron is Installing Solar Panels — to Produce Oil more Cheaply
In California’s sun-drenched Kern Valley, Chevron Corp. has found a way to use one of the state’s clean-energy programs to cut the cost of pumping oil, to the…

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Sta

USA Lifts Nuclear Finance Ban

ES Kapital Invests in Munich Start-Up KEYOU

Nikola Breaks Ground on $600m Arizona Facility

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

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

Arcadis Ost 1 Offshore Substation Starts Taking Shape

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

Indonesia’s August Gasoline Imports Likely to Stay Low

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

Solar Investment is Paying Off with Emissions Reduction for Montego

Cummins Gas-Fired Generator Selected for Aussie Gold Mine Microgrid

Oil Prices Edges up on Weak Dollar, U.S.-China Tensions Weigh

Centrica to Sell US Business for $3.6bn as First-Half Profit Falls

Ocean Wave Energy Company Receives DOE Boost for Energy Storage Technology

Chevron is Installing Solar Panels — to Produce Oil more Cheaply