Latest Stories
Shell to divest more Nigerian assets
Royal Dutch Shell (UK/Netherlands) is looking to unload more of its onshore assets in Nigeria, according to the company’s CEO, Ben van Beurden.
Africa Oil will wait for FDP, other milestones to spend money on South Lokichar
Canada’s Africa Oil has put its plans for investing in an upstream project in Kenya on hold, citing the need to firm up plans for commercial development.
Impact Oil & Gas completes farm-in deal for Area 2
Impact Oil & Gas (UK) said it had completed a farm-in deal that gave it a 90% equity stake in Area 2, an ultra-deepwater licence area located off South Africa’s south-eastern coast.
NLNG set to accelerate work on Train 7 project by end of May
Simbi Wabote, the executive director of the Nigeria Content Development and Monitoring Board (NCDMB), has said he expects the Nigeria LNG (NLNG) consortium to accelerate work on the Train 7 project within the next few weeks.
Sudan hopes ADNOC will ensure adequate petroleum product supplies
Abu Dhabi National Oil Co. (ADNOC) of the UAE has reportedly agreed to ensure that Sudan has an adequate supply of petroleum products.
More delays for PIB?
As Nigerian MPs miss their latest deadline for passage of the PIB, the Buhari administration makes three changes to the bill.
Niger and Benin to launch pipeline works
Lamu Port begins operations
UK’s Gravitricity unveils pioneering underground hydrogen storage plans
UK energy storage specialist Gravitricity has revealed plans to add hydrogen and heat storage to its underground gravity energy system.
Enel Green Power commissions wind farm in Sicily
Enel Green Power Italia (GPI) has commissioned a wind farm in Partanna, Sicily. The wind farm, located in Contrada Magaggiari in the Trapani province, comprises six 2.4-MW wind turbines, with a total capacity of 14.4 MW.
World needs immediate and massive deployment of green tech to fight climate change
World needs immediate and massive deployment of green tech to fight climate change
BP, Iberdrola and Enagás to develop green hydrogen project in Spain
BP, Iberdrola and Enagás have agreed to study the feasibility of building the largest green hydrogen project in Spain’s Valencia region at the BP refinery in the El Serrallo industrial estate in Castellón.
Chinese consortium to finance solar project in Brazil
China's CDIL and CMEC have announced that they have entered into a development agreement for the engineering, procurement, construction and financing of a 1,100-MW photovoltaic project in Port Açu and additional locations in Brazil.
Ørsted wins planning approval for German offshore wind farm
Denmark’s Ørsted has been granted planning approval from Germany’s Federal Maritime and Hydrographic Agency (BSH) for the 242-MW Gode Wind 3 offshore wind farm.
Philippines bank to half coal-fired power financing by 2026
The Bank of the Philippine Islands (BPI), owned by the giant Ayala conglomerate, has announced plans to half its financing for coal power-fired plants in the next five years.
Total seeks stake in Taiwan wind farm
Total has signed an agreement with Germany-based wpd to acquire a 23% stake in Yunlin Holding, which owns the 640-MW Yunlin offshore wind farm, located off the coast of Taiwan.
KRG revises arrears payment terms
California governor’s budget includes $20mn for offshore wind, $110mn for green hydrogen
California Governor Gavin Newsom has announced a revised budget for the next fiscal year that includes $20mn for offshore wind and $110mn for green hydrogen.
Momentum for renewables continues to build in America
Project developers in the US installed nearly 40% more wind power in the first three months of 2021 compared with the first three months of 2020, according to the American Clean Power Association.
Signs mount Iran, US will seal nuclear deal revival within month
Negotiators agree to return to national capitals to receive final instructions on red lines before definitive round of talks.
Debate over LNG bunkering heats up
The debate over the future of LNG as a marine fuel has intensified after the World Bank dismissed its potential to help decarbonise shipping.
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