Latest Stories

Biden’s clean energy standard would benefit the US economy, say researchers

14 July 2021

A new report from Harvard and Syracuse University researchers and others finds that Biden’s clean energy plan would save 317,500 lives over 30 years and would cost $342bn until 2050 – but it would benefit economy by $637bn.

Apex Clean Energy and Plug Power partner on US’s largest green hydrogen power purchase agreement

14 July 2021

Apex Clean Energy and Plug Power have announced a 345-MW wind power purchase agreement for a green hydrogen production facility in the US.

Musk ends court testimony, defending his role in Tesla’s $2.6bn purchase of SolarCity

14 July 2021

Tesla CEO Elon Musk has completed his testimony in a trial in which he has had to defend his role in Tesla’s $2.6bn acquisition of SolarCity in 2016. Both companies were struggling financially at the time

US sweetens Iran’s path to restoring nuclear deal by unfreezing bank funds in Japan, Korea

14 July 2021

Separately, president Rouhani criticises Iranian regime’s top officials for foiling his attempt to secure revived accord in final months of his administration.

New consortium targets wind development in Scotland

14 July 2021

Offshore wind company Ørsted has announced a partnership with onshore wind community engagement pioneer Falck Renewables and floating wind expert BlueFloat Energy to participate in the Crown Estate Scotland’s upcoming ScotWind leasing round.

Tellurian terminates agreement with TotalEnergies

14 July 2021

US-based Tellurian said in a federal filing this week that it had terminated stock and LNG purchase agreements that it had previously signed with France's TotalEnergies for the proposed Driftwood LNG export terminal in Louisiana.

PIB already drawing criticism

14 July 2021

Following the passage of a new law governing the oil and gas sector, Nigeria’s government is beset by critics.

BayWa.r.e expands its presence in California and Germany

14 July 2021

BayWa r.e. has signed a power purchase agreement with community choice aggregator San Diego Community Power for the output of a 90-MW solar photovoltaic park in California.

Heliogen to merge with Athena in $2bn deal

14 July 2021

Renewable energy technology company Heliogen has agreed to merge with Athena Technology Acquisition – a special purpose acquisition company – in a deal that will put the value of the combined firm at around $2bn.

Subsea 7, OHT join to progress offshore wind projects

14 July 2021

Subsea 7 SA is to combine its renewables business unit with Norway’s OHT ASA, subject to the usual approvals, conditions and relevant employee consultations.

Chevron reportedly considers closing Pasadena refinery unit

14 July 2021

Chevron is reported to be considering permanently shutting down the fluidic catalytic cracker (FCC) at its 112,229 barrel per day (bpd) refinery on the Houston Ship Channel in Pasadena, Texas.

Angola receives offers from 16 companies in onshore bidding round

14 July 2021

Angola’s National Oil, Gas and Biofuels Agency (ANPG) has wrapped up the bidding phase of this year’s onshore licensing round, which covers nine onshore blocks in the Lower Congo and Kwanza basins.

ANPG signs PSCs for Blocks 27 and 28 in Namibe basin

14 July 2021

Sonangol said last week that it had signed production-sharing contracts (PSCs) for two offshore blocks in the Namibe basin with the National Oil, Gas and Biofuels Agency (ANPG).

Woodside completes acquisition of FAR’s stake in Sangomar block

14 July 2021

Australia’s Woodside Energy has wrapped up the acquisition of a minority stake in RSSD, the joint venture set up to explore and develop the Sangomar block offshore Senegal, from FAR Ltd, another Australian company.

Eni finds oil at Eban field offshore Ghana

14 July 2021

Italy’s Eni reported last week that it had discovered a significant volume of crude oil at Eban, a prospect within the licence area known as Cape Three Points (CTP) Block 4 offshore Ghana.

Eni discusses green, blue hydrogen production in North Africa

14 July 2021

Representatives of Italy’s Eni met with Egyptian and Algerian officials last week to discuss the prospects for green and blue hydrogen production.

EACOP, TPDC, Tanzanian government sign agreement on compensation for landowners

14 July 2021

The EACOP consortium has signed its first tri-partite land compensation agreement with residents of areas along the pipeline’s designated path.

TotalEnergies Nigeria urges Abuja to invest in gas transport options

14 July 2021

A representative of France’s TotalEnergies has urged Nigeria’s government to explore multiple options for the transportation of natural gas.

BP: global wind and solar energy use grew in 2020 despite pandemic

14 July 2021

The continued expansion of renewable energy globally is one of the key takeaways of BP’s freshly released annual Statistical Review of World Energy 2021. In fact, solar energy had its best year ever in 2020.

QP strikes yet more LNG supply deals

14 July 2021

State-owned Qatar Petroleum struck two more long-term supply deals over the past week.