Latest Stories
Denmark ends open-door scheme for offshore wind
Denmark's Ministry of Climate, Energy and Utilities announced on June 7 that it would not allocate new areas for commercial offshore wind projects under the open-door scheme. This will result in 24 applications under the scheme being rejected.
TotalEnergies ENEOS to buy Sao Mai Solar’s rooftop solar portfolio
Sao Mai Solar, a subsidiary of the Sao Mai Group in Vietnam’s An Giang Province, has reached an agreement with TotalEnergies ENEOS for the sale of its 3.4 megawatt-peak rooftop solar photovoltaic system portfolio.
Octopus to create multi-technology renewable hub in Queensland, Australia
Octopus Investments Australia, a subsidiary of UK-based Octopus Group, is reported to have acquired a 175-MW solar project with a battery storage component in Queensland.
Nigerian MP says government should have eliminated fuel subsidies in 2011
MP Chris Azubogu argues that Nigeria might not experience so much economic hardship as a result of President Tinubu’s move to eliminate domestic fuel subsidies if the government had taken action earlier.
Ardill: ExxonMobil keen to ramp up operations in Africa
ExxonMobil’s head of global exploration John Ardill told S&P Global in a recent interview that his company was determined ramp up its operations in Africa.
IEA projects largest ever increase in annual renewable capacity
The International Energy Agency says it expects solar and wind power to lead the largest ever annual increase in new renewable energy capacity this year
Iran does not want a nuclear bomb but West could not stop Tehran constructing one says Khamenei
Rosatom reportedly expects Uzbekistan to green light nuclear plant construction in near future
Kazakhstan: Authorities declare state of emergency over Caspian
Officials have tried to ignore the situation for years, but appear to have been spurred into action by the president.
Williams on track with two gas pipeline projects
US midstream player Williams is on track to complete two natural gas pipeline projects in New Jersey and Louisiana on time by the end of 2024.
Pipeline competition heats up in Canada
As the Trans Mountain expansion prepares to start up, Enbridge has warned that the new pipeline could reduce flows on its own Mainline system and has cut rates for shipping crude on the system
India’s Pachpadra / Barmer refinery a potential game-changer in the north
The chief minister of the Indian state of Rajasthan, Ashok Gehlot, last week said the “Pachpadra Refinery is an ambitious project not only for Rajasthan but for the whole country,” referring to the combined refinery and petrochemical complex.
ExxonMobil hits new milestone with Nucor CCS agreement
ExxonMobil Low Carbon Solutions has announced its latest carbon capture and storage (CCS) agreement, with major North American steel producer Nucor.
APAC oil and gas producers at risk of losing financing
Oil and gas firms operating in the Asia-Pacific region are likely to encounter greater challenges in securing financing for their new projects, according to a recent study conducted by the Institute for Energy Economics and Financial Analysis (IEEFA)
Japan’s MOL agrees to invest in Delfin FLNG
Floating LNG developer Delfin Midstream has reached a strategic investment agreement with Mitsui OSK Lines (MOL). Under the agreement, MOL will make an investment in Delfin and appoint a representative to join Delfin's board of directors.
Asia-Pacific-focused Jadestone seeks $85mn in financing
Asia-Pacific-focused Jadestone Energy has announced its plan to secure a minimum of $85mn in financing, consisting of a $50mn equity fundraise and a $35mn standby working capital facility.
Passage of US debt ceiling bill heralds changes to energy permitting
The Fiscal Responsibility Act of 2023, or the debt ceiling deal, has become law in the US. It includes provisions that will expedite the permitting process for certain energy projects.
Japan sets new hydrogen targets with $107bn investment over 15 years
With a revision to its 2017 Basic Hydrogen Strategy, the Japanese government has committed the equivalent of $107bn for investment in the country’s burgeoning hydrogen production industry over the next 15 years.
Chinese links to Iran raise eyebrows on oil markets
Late May saw the authorities in China move to sign a number of new deals with Iran, seemingly ignoring US objections to Russia having done the same a week prior when Moscow signed 10 deals of its own related to Tehran’s oil and gas sectors.
Follow us online