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Chevron, Pertamina forge geothermal exploration partnership in Indonesia
Jasa Daya Chevron and Pertamina Geothermal Energy (PGE) have sealed a series of agreements pertaining to the geothermal working area in Way Ratai, Lampung, Indonesia.
Russian oil exports to India surge in September
Russian oil exports to India rebounded significantly in September, registering a 15% increase from a seven-month low recorded in August.
Indian power generation sees 9% yearly surge in September
QatarEnergy signals intent at home, overseas
The gas giant is pressing ahead with its massive LNG expansion project and, together with its partners, has bid on two new licences in Lebanon
Global renewables jobs accelerating
Worldwide jobs in renewable energy reached 13.7mn in 2022, an increase of 1mn since 2021 and up from a total of just 7.3mn in 2012, according to a new report.
Europe’s war on CO2 emissions goes global
The EU has launched the first system anywhere to impose CO2 emissions tariffs on imported goods including iron and steel, cement, aluminium, electricity and hydrogen. These are all carbon-intensive goods.
Brookfield buys Banks Group's renewable energy business
Brookfield of Canada is to buy the renewable energy unit of Banks Group, the UK-based company, according to the Financial Times. The newspaper estimated the deal to be worth around $1bn, said the newspaper citing knowledgeable sources.
Compressed air energy vault in old mine planned in Australia
Hydrostor, a global long duration energy storage (LDES) developer and operator, and Perilya, a developer and operator of global mining projects, have entered into a binding agreement to leverage the existing mining assets at Perilya’s Potosi Mine.
Hystar to construct 4-GW plant in Norway, then move into North America
Norway’s electrolyser company Hystar will build a new factory in Høvik, Norway, paving the way for major growth, including a North American gigawatt factory, the company said.
TotalEnergies, Corio enter US offshore wind
A wind energy developer owned by France's TotalEnergies oil and gas major and Corio Generation, a unit of Australia’s Macquarie, are bidding to build a wind farm off New Jersey's coast.
Cambodian prime minister affirms continued electricity subsidies amid global energy price surge
India to tender 7.2-GW offshore wind off Tamil Nadu
India will offer developers a tender of bids for the allocation of a 7.2-GW area of offshore wind off the coast of the south-eastern state of Tamil Nadu.
US closes $3bn loan guarantee to Sunnova’s Project Hestia
The US Department of Energy (DoE), through its Loan Programmes Office, has announced the closing of a $3bn partial loan guarantee to Sunnova Energy Corporation’s Project Hestia.
Avangrid to end power deals for “unfinanceable” Park City offshore wind project
Spanish subsidiary Avangrid will be allowed to terminate the power purchase agreements for its 804-MW Park City offshore wind farm off Connecticut in the north-eastern US.
Two catastrophic years obliterate 10% of Swiss glacier volume
Glaciers in Switzerland lost 6% of their volume in 2022. Then 2023 saw a further 4% destroyed, representing the second-largest decline since measurements began, says research from the Swiss Academy of Sciences.
Cyprus, Chevron extend talks on Aphrodite field development
The Cypriot government and US energy giant Chevron have agreed to extend their discussions on the development plan for the offshore Aphrodite gas field in the Cyprus exclusive economic zone until 5 November.
Carbon pricing, modest policy measures best for net-zero, says IMF
Carbon pricing coupled with modest government policy measures is the most effective path towards net-zero emissions, says the International Monetary Fund (IMF). This would prevent national debt ballooning.
No tariffs on solar imports, says Europe’s solar industry
SolarPower Europe has cautioned the EU not to impose tariffs on imports on solar technology for fear that it would hamper the bloc’s ability to ramp up its solar industry quickly.
Iran aims to generate 15,000 MW via renewables
Iran's First Vice President Mohammad Mokhber says the country has drawn up a comprehensive plan to build solar farms to generate 15,000 MW of electricity, the state news agency IRNA reported on October 4.
UK increases capacity for floating offshore wind licensing round
The UK’s Crown Estate will make around 4.5 GW of floating wind capacity off south Wales and south-west England available to bidders. Previously the total was to have been around 4 GW.
Peru LNG’s exports surge in September
Peru LNG, the operator of a natural gas liquefaction plant and export terminal in Pampa Melchorita, saw its export volumes rise by more than 150% month on month in September 2023.
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