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America
Energy Investment
2022-11-28
Canadian Banks Slammed for Continued Fossil Fuel Investments
Canadian banks are receiving backlash from investors for their continued investments in fossil fuels.
Oil Field
2022-11-27
Chinese Oil Giant Spends $1.9 Billion on 5% Stake of Huge Brazilian Oilfield
China’s oil and gas giant CNOOC has paid Brazil’s Petrobras $1.9 billion to buy 5% in the production sharing contract for the huge Buzios offshore oilfield, the Brazilian state oil firm said in a statement.
Crude Oil
2022-11-27
BP Snags Contract to Market Guyana’s Share of Exxon’s Offshore Oil
The UK’s largest energy company BP Plc has won a contract to market Guyana's share of crude oil produced over the next year from two offshore production platforms.
LNG
2022-11-25
Argentina Government to Send LNG Bill to Congress in Coming Months
Argentina's Economy minister Sergio Massa said on Thursday that the government was readying a liquefied natural gas (LNG) bill to send to Congress in the coming months, amid a push to create a major gas export sector in the country.
Canada
2022-11-25
Canada's Alberta Province Forecasts C$12.3 Bln Budget Surplus
Canada's main oil-producing province Alberta on Thursday forecast a C$12.3 billion ($9.2 billion) budget surplus for the 2022/23 fiscal year, but warned economic risks are increasing as high inflation.
Nuclear Fuel
2022-11-23
Finland’s Fortum Turns to U.S. In Bid to Replace Russian Nuclear Fuel
Finnish power company Fortum on Tuesday said it was planning to begin buying nuclear fuel from U.S.-based Westinghouse Electric.
Brazil
2022-11-23
Brazil’s Incoming Government to Revoke Bolsonaro’s Biodiesel Mandate Decision
Brazil's incoming government will look to revoke a decision to keep the mandatory blend of biodiesel in diesel at 10% until March 31, 2023, a member of the transition team for President-elect Luiz Inacio Lula da Silva said on Tuesday.
Nuclear Power Plant
2022-11-23
California’s Last Nuclear Power Plant Gets $1.1BN Lifeline
The US Department of Energy (DOE) said it would conditionally provide California utility Pacific Gas & Electric (PG&E) with a $1.1 billion grant to help prevent the closure of Diablo Canyon, California’s last nuclear power plant.
Crude Oil
2022-11-22
Colombia Reportedly Reconsidering Its Idea to Halt on New Oil and Gas Projects
Colombia could reconsider a campaign pledge from its newly-elected leftist President Gustavo Petro to stop new oil and gas exploration licensing in the country, according to Finance Minister José Antonio Ocampo.
Net Zero Emission
2022-11-22
US Outlines Their Commitment to Reaching Net-Zero Global Emissions
At COP27, the United States of America (US) Secretary of Energy reiterated the country’s commitment to reaching net-zero global emissions and combatting climate change.
Nuclear Power Plant
2022-11-22
Biden Grants PG&E $1.1 Billion to Keep Diablo Canyon Nuclear Plant Open
The Biden administration on Monday said it’s providing Pacific Gas & Electric Co. with a $1.1 billion grant to help the company prevent the closure of Diablo Canyon, California’s last nuclear power plant.
Electric Vehicle Battery
2022-11-22
BloombergNEF: China Dominates Global Battery Supply Chain Again With Followers in Flux
China continues to lead rankings for involvement in the global battery supply chain, but the chasing pack of other countries is in flux, according to BloombergNEF.
Offshore Wind Power
2022-11-22
Burns & McDonnell and Bay Ltd Team Up to Boost US Offshore Substation Supply Chain
Burns & McDonnell and Bay Ltd are teaming up to provide US-based engineering, procurement, fabrication, and construction of offshore substations.
Canada
2022-11-22
Canadian Solar Announces Operation of 100 Mwp Solar Project in Japan
Canadian Solar Inc. has announced that its Japan flagship mega-project, the 100 MWp Azuma Kofuji solar project located in the Fukushima Prefecture, recently reached commercial operation.
Electricity Transmission
2022-11-22
US Sets the Stage With $13BN Grid Modernisation Programmes
Washington has announced $13 billion in financing opportunities for the expansion and modernisation of the US electric grid.
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