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Asia
Coal Trade
2024-07-22
Singapore’s Gear Secures $850 Million for SOUTH32’s Australian Coking Coal, Sources Say
A consortium led by Singapore's Golden Energy and Resources has secured $850 million to buy South32's (S32.AX), opens new tab Australian coking coal assets, two sources told Reuters, as private credit continues to fill a funding gap for th
Electrolyzer
2024-07-20
KBR Secures Advisory Role for Kuwait’s Renewables and Hydrogen Project
U.S. science, technology and engineering company KBR has been awarded an advisory consulting contract by Kuwait Oil Company for the development of a country-wide masterplan for the production of 17 GW of renewables and 25 GW of green hydrogen by 2050.Arch
Hydropower Plant
2024-07-20
IREDA to Invest in 900MW Hydropower Project in Nepal
The Indian Renewable Energy Development Agency Limited (IREDA) has announced an investment of Rs. 290 crore in a 900MW hydroelectric power project in Nepal. This investment will give IREDA up to 10% shareholding in GMR Upper Karnali Hydro Power Limited, N
Nuclear Power Plant (NPP)
2024-07-20
Turkey and Russia Discuss State of Nuclear Projects
The first unit at the Akkuyu nuclear power plant is being prepared for the loading of dummy fuel, and with three more units under construction, the two sides discussed the potential of collaborating on a second nuclear power plant in Turkey.(Image: Rosato
CCS
2024-07-20
Climate Finance Top Priority, Says COP29 President-Designate
Mukhtar Babayev, president-designate of the UN's COP29 summit taking place in Azerbaijan in November, says the top negotiating priority is agreeing a "fair and ambitious" goal on climate finance "adequate to the urgency and scale of
Oil & Gas Trade
2024-07-20
India ONGC to Pay Equinor $60 Mln for Stake in Caspian Sea Oil Assets
Cows graze next to an Oil and Natural Gas Corp's (ONGC) well in an oil field on the outskirts of Ahmedabad, India, September 8, 2016. Picture taken September 8, 2016. REUTERS/Amit Dave/File Photo Purchase Licensing RightsIndia ONGC Videsh has sign
Oil & Gas Trade
2024-07-20
Exclusive: Exxonmobil Selling Malaysia Oil and Gas Assets to Petronas, Sources Say
A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo Purchase Licensing RightsExxon Mobil Corp (XOM.N), opens new tab has agreed to sell its Malays
Oil&Gas Drilling
2024-07-19
Türkiye to Explore Oil and Gas off Somalia Coast
Türkiye has signed a deal with Somalia for hydrocarbon exploration in three blocks in the Somalian offshore.On July 18, Energy and Natural Resources Minister Alparslan Bayraktar attended the signing ceremony for the Hydrocarbon Exploration and Pr
Hydrogen Transport
2024-07-18
Aramco to Acquire 50% Stake in Air Products Qudra’s Hydrogen Business
Energy major Aramco has signed definitive agreements to acquire an equity interest in Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra (APQ).Courtesy of AramcoThe transaction, which is subject to standard clos
Electric Vehicles
2024-07-18
Tesla Claims a 95% Automated Production at Gigafactory Shanghai
Tesla claims that it is now achieving 95% automated production at Gigafactory Shanghai with recent updates.While Elon Musk disbanded Tesla’s PR team in the US, the automaker still has press departments in other markets.For example, the company&a
Solar Power Plant
2024-07-18
World’s First Dual-Tower Concentrated Solar Power Plant Boosts Efficiency by 24%
Two 650-foot-tall (200-m) towers have risen in China’s Gansu Province. Combined with an array of 30,000 mirrors arranged in concentric circles, the new facility is expected to generate over 1.8 billion kilowatt-hours of electricity every year.Wh
Electric Vehicles
2024-07-18
BYD Becomes the Largest Manufacturer of Electric Vehicles
BYD surpasses Tesla to become the world’s largest electric car manufacturer in the global automobile industry.BYD, Chinese electric car manufacturer, surpasses Tesla to become the world’s largest automaker in the production of electric
Geothermal Power Plant
2024-07-18
Philippines’ DOE Keen on Partnerships for Geothermal Derisking Facility
Tiwi geothermal steam field, Philippines (source: PGPC)The Department of Energy of the Philippines is in the process of negotiating with potential partners for a derisking facility to help develop additional geothermal energy resources in the country.This
Solar Power Plant
2024-07-18
Philippines Switches on 64 MW Solar Project
Prime Solar Solutions, a subsidiary of the Philippines-based investment firm Prime Infra, has switched on a 64 MW solar power plant in Maragondon, the Philippines.Prime Solar has signed a 50 MW, 20-year power supply agreement with Meralco, an electric pow
Nuclear Reactor
2024-07-18
Korea Eyes Further Nuclear Reactor Deals in Netherlands, Poland
Industry Minister Ahn Duk-geun, center, and KHNP President Whang Joo-ho, far left, provide a briefing on the Czech Republic's nuclear power contract on Thursday at the government complex in Sejong. [YONHAP]Korea aims to secure further multibillion
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UK's National Grid bets $1.75 billion on AI power boom with Joulent investment
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SK, KKR to launch South Korea renewable energy venture valued at $1.3 bln
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Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets
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Singaporean Green Tech Firms Envision Digital, T-RECs.ai to Launch First RECs Ecosystem
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Google signs PPAs on 400-MW Texas solar project portfolio
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Hitachi Energy announces €4 million investment into new Service Center in Dublin to strengthen Ireland’s grid resilience
