Latest Stories

MasTec to acquire renewable energy developer IEA

1 August 2022

US engineering and construction company MasTec has agreed to acquire renewable-focused infrastructure developer Infrastructure and Energy Alternatives (IEA) in a cash-and-stock transaction valued at about $1.1bn.

Petrobras, Ecopetrol find gas at Uchuva-1

1 August 2022

Brazil’s national oil company Petrobras and its Colombian counterpart Ecopetrol have discovered natural gas in Uchuva-1, an exploration well drilled at the Tayrona block offshore Colombia.

LatAmOil: ExxonMobil makes two new finds at Stabroek

1 August 2022

US-based ExxonMobil has made two finds at the Stabroek block offshore Guyana, bringing the total number of discoveries made at the licence area this year up to seven.

CNOOC reports commercial flows from offshore shale well

1 August 2022

China National Offshore Oil Corp. (CNOOC) has achieved commercial flows of oil and gas from an offshore shale well in the South China Sea. This marks the first successful offshore shale well for China.

Indian government provides update on push to boost gas share in energy mix

1 August 2022

The Indian government has provided an update on efforts to boost the share of natural gas in the country’s energy mix.

Sinopec, Ineos sign $7bn of downstream deals

1 August 2022

China’s Sinopec and UK-based chemical and energy player Ineos have signed three petrochemical deals with a combined value of $7bn.

Iberdrola, BP to collaborate on EV charging and green hydrogen

1 August 2022

Iberdrola and BP have announced plans to form a strategic collaboration to accelerate the energy transition and to significantly expand fast EV public charging infrastructure to support the adoption of electric vehicles.

Cape Town-based AIIM secures two investment commitments for new infrastructure development fund

1 August 2022

AIIM secures two investment commitments for new infrastructure development fund

AfrOil: Eni, Sonatrach strike oil in North Berkine basin

1 August 2022

Italy’s Eni and its Algerian partner Sonatrach have made a new hydrocarbon discovery in Rhourde Oulad Djemaa Ouest-1 (RODW-1), an exploration well drilled in the Berkine North basin.

Descalzi says Eni may use NFE’s Fast LNG modular solution to expand Coral South LNG

1 August 2022

Eni CEO Claudio Descalzi says his company may incorporate Fast LNG, a modular solution developed by US-based New Fortress Energy (NFE) for natural gas liquefaction, into the Coral South LNG project.

Enefit Green to establish Estonia’s largest wind project

1 August 2022

Estonia’s Enefit Green, part of Eesti Energia’s group of companies, has signed an agreement to acquire the Tootsi wind farm project from Eesti Energia and plans to build the wind farms in Tootsi and Sopi simultaneously

Approval for Norsk Solar’s 18-MW solar PV project in Brazil

31 July 2022

Norsk Solar has announced that the board of directors of Nordic Impact Co-operation (NIC) has approved the construction of six solar PV plants with a capacity of 18 MW in Brazil.