Latest Stories

EQT closes Tug Hill, XcL acquisition following FTC approval

25 August 2023

Shale gas producer EQT announced this week that has closed its previously announced acquisition of THQ Appalachia I Midco (Tug Hill) and THQ-XcL Holdings I Midco (XcL Midstream).

ConocoPhillips on divestment watch among pension funds following oil sands acquisition

25 August 2023

US independent ConocoPhillips is reported to have been put on divestment watch by some of Europe’s largest pension funds after using the proceeds from a recent debt financing to expand its oil sands operations.

US government approves fourth major offshore wind project

25 August 2023

The administration of President Joe Biden has approved the 704-MW Revolution wind project off Rhode Island and Connecticut in New England in the US.

Equinor energises world’s largest floating wind farm

25 August 2023

Norwegian oil and gas major Equinor and partners have energised the world’s largest floating wind farm, off Norway.

Secursun begins construction of solar parks in Germany

25 August 2023

Secursun, launched in November 2022, has started construction of the first solar parks from its 1.1 GW portfolio in Germany.

Nordex wins contract for Alberta wind farm in midst of renewables pause

25 August 2023

Germany’s Nordex Group has been awarded a contract for the delivery and commissioning of 49 N155/5.X turbines for the Forty Mile wind farm in Alberta, Canada.

EY: US energy firm shareholder payouts exceed investment in new production

25 August 2023

A new report by EY shows that the leading US oil and gas producers paid out more of their earnings to shareholders last year than they invested in new production. This is the first time this has happened.

Chile wants to open up more areas of Atacama desert to lithium mining

25 August 2023

Chile’s government is committed to taking a pragmatic approach to opening up new areas for lithium mining as it seeks to attract further investment under its public-private partnership model.

Lease granted for Philippine floating solar project

25 August 2023

Philippine solar developer SunAsia Energy and its investment partner Blueleaf Energy have been awarded lake lease agreements by the Laguna Lake Development Authority giving them the right to develop and build a large-scale floating solar park.

5 GW offshore wind project planned for Australia

25 August 2023

Elanora Offshore, a consortium of renewable energy companies, is planning to develop a 5GW offshore wind project in Australia off the coast of Gippsland.

OMV Petrom to delist GDRs from London Stock Exchange as Romania's capital market flourishes

25 August 2023

OMV Petrom said that the shares traded on the Bucharest Stock Exchange are now more attractive than the GDRs traded on the LSE in terms of liquidity.