Spanish power utility Endesa cut its profit and dividend outlook today as it pledged to invest…
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Indonesia Launches $20bn Renewable Energy Investment Plan
Indonesia has launched its investment plan to mobilise $20 billion in financing pledged by global lenders…
UK Increases Offshore Wind Price Cap by 66%
The UK government has increased the maximum price for offshore wind projects by 66% in its…
Norwegian Oil Companies Face Higher Investment Costs in 2024
A national statistics office (SSB) survey showed yesterday that Norwegian oil and gas companies plan to…
Standard Bank Injects $20m Into CrossBoundary Energy
Standard Bank, based in Johannesburg, South Africa, provides a $20 million credit facility to CrossBoundary Energy…
UAE’s Energy Company Capex Rose by 34% in Q3 2023
Abu Dhabi National Energy Company (TAQA) said on Monday that its capital expenditure (capex) increased 34…
FG, Germany to Explore Green Hydrogen Potential
During the 2nd German-Nigeria Symposium on Green Hydrogen, Nigeria and Germany explored ways both countries can…
Texas CCS Facility Marks Early Success in Emission Reduction
BKV and EnLink Midstream finished the first carbon dioxide injection at the Barnett Zero CCS facility…
NDDC, TotalEnergies to Partner for Renewable Energy
The Niger Delta Development Commission (NDDC) has pledged its commitment to collaborate with International Oil Companies…
Climate Change Costs Nigeria $100bn Annually –Report
A new report has disclosed that as of 2020, Nigeria lost at least $100 billion annually…