Latest Stories
Biden’s clean energy standard would benefit the US economy, say researchers
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
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
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
Fire breaks out at Amir Kabir refinery in Iran
US sweetens Iran’s path to restoring nuclear deal by unfreezing bank funds in Japan, Korea
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
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
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
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
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
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
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
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
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
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
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
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
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
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
A representative of France’s TotalEnergies has urged Nigeria’s government to explore multiple options for the transportation of natural gas.
First LNG cargo arrives at Al-Zour
BP: global wind and solar energy use grew in 2020 despite pandemic
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.
Iraq continues refinery awards with Fao deal
Russian banking group TCS sets sustainability agenda
QP strikes yet more LNG supply deals
State-owned Qatar Petroleum struck two more long-term supply deals over the past week.
Follow us online