Ithaca Energy purchased most of Eni’s British oil and gas assets for £754 million (US$993 million),…
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Adnoc Acquires Covestro for €12B, Strengthens Diversification in Europe
Adnoc, the UAE’s national oil company, has acquired German chemical giant Covestro for €12 billion. This…
France Faces Industry Pushback Over Proposed Power Plants Tax
The French government plans to impose a new tax on electricity production plants to balance the…
Japan Balances Nuclear Restart for Energy Security
Japan’s new Minister of Economy, Trade, and Industry, Yoji Muto, reaffirmed its commitment to restarting its…
EPFL’s AI Breakthrough Transforms Aircraft Design for Sustainable Aviation
Researchers at the École Polytechnique Fédérale de Lausanne (EPFL) introduced DeepGeo, a neural network tool that…
Germany Amplifies Battery Storage to Power Renewable Future
Germany raised its battery storage capacity by 30% in 2024. This expansion plays a vital role…
Polarium Secures $49 Million to Fuel Growth Amid Financial Struggles
Polarium, a Swedish energy storage systems manufacturer, raised 500 million Swedish kronor (about $49 million) through…
US DOE Finalizes $1.52 Billion Loan for Nuclear Power Plant
The US Department of Energy (DOE) has finalised a $1.52 billion loan agreement to restart operations…
Masdar Accelerates European Renewable Energy Expansion
Masdar, a key renewable energy company, increases its footprint in Europe. Owned by ADNOC, Mubadala Investment…
Zelestra Powers Colombia’s Energy Future with $200M Solar Park
Spanish renewable energy company Zelestra launched its first solar park in Colombia, marking a critical step…