Latest Stories

Australia’s Falcon Oil & Gas spuds horizontal well in NT

4 August 2023

Reports say the well in question is the Shenandoah South 1H (“SS1H”) well – a horizontal project in the Beetaloo sub-basin of the state, roughly 630 km by road south of the state capital Darwin, in one of the most remote areas of the outback.

TotalEnergies takes full control of Total Eren to boost renewables portfolio

4 August 2023

French multinational energy company TotalEnergies revealed on July 25 that it will acquire complete control of joint venture Total Eren.

OMV Petrom hires Saipem to build Neptun Deep offshore infrastructure for €1.6bn

4 August 2023

Neptun Deep is Romania's biggest Black Sea offshore natural gas project, with total investments expected at €4bn.

Vattenfall’s proposed 864-MW offshore wind farm in Sweden hits roadblock

3 August 2023

Swedish multinational energy company Vattenfall had its amended proposal to construct an 864-MW offshore wind farm in Sweden’s economic zone rejected by the Swedish government, Reuters reported on July 27.

Aviva Investors to buy 35% stake in Italy’s Innovo Renewables

3 August 2023

Aviva Investors has announced it will purchase an initial 35% stake in Italy-based Innovo Renewables, Renews reported on July 28.

First Solar to invest $1.1bn in fifth US photovoltaic panel factory

3 August 2023

Arizona-headquartered First Solar Inc will invest up to $1.1bn to construct the company’s fifth photovoltaic panel factory in the US Renewables Now reported on July 28.

Seven automakers to team up to build out EV fast-charging network in North America

3 August 2023

A joint venture is being formed by seven large automakers to build out a large fast-charging network across North America for electric vehicles, CNN reported on July 26.

ADNOC sharpens climate targets ahead of COP28 summit

3 August 2023

The Abu Dhabi National Oil Company (ADNOC) brought its net-zero climate targets forward five years to 2045 on Monday, 31 July as the United Arab Emirates prepares to host the United Nation’s COP28 conference in December.

NNPCL to increase investments in gas

3 August 2023

The Nigerian National Petroleum Company Limited (NNPCL) said on Monday, 31 July that it plans to develop Nigeria’s gas and transportation infrastructure in a push to achieve clean and affordable energy in the country.