Alcazar Energy Partners, a leading independent investor in renewable energy across growth markets, announces the signing of a Memorandum of Understanding (MoU) with the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA) for the development of a 2 GW onshore wind power project in Egypt. This collaboration reinforces Alcazar Energy […]
Baker Hughes, an energy technology company, and SOCAR announced the signing of a contract for an integrated gas recovery and hydrogen sulfide (H2S) removal system that will significantly reduce downstream flaring at SOCAR’s Heydar Aliyev Oil Refinery in Baku, Azerbaijan. The contract was signed at COP29 in Baku, in the presence of Baker Hughes Chairman and CEO Lorenzo Simonelli and SOCAR President Rovshan Najaf. Building on […]
The European Bank for Reconstruction and Development (EBRD) will take part in the 2024 United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, affirming its role as a leader in financing climate action and mobilising private sector finance across its economies. In 2023 alone, the Bank provided over €6.5 billion in green financing, 50 per […]
Exxon Mobil Corporation has executed the largest offshore carbon dioxide (CO2) storage lease in the U.S. with the Texas General Land Office (GLO). The over 271,000-acre site complements the onshore CO2 storage portfolio ExxonMobil is developing, and further solidifies the U.S. Gulf Coast as a carbon capture and storage (CCS) leader. “This is yet another sign […]
Eni and the government agency Japan Organization for Metals and Energy Security (JOGMEC) have signed a Memorandum of Cooperation. The MoC aims to collaborate in the gas and LNG field to increase diversification of supply sources. The Memorandum aims to promote the role of gas and LNG in the energy transition pathway, emphasizing the importance […]
Woodside has completed the acquisition of 100% of OCI Clean Ammonia Holding B.V., which holds its lower carbon ammonia project in Texas (Project), from OCI N.V. (together with its affiliates, OCI). The completion follows Woodside’s announcement on 5 August 2024 that it had agreed to acquire OCI’s 1.1 Mtpa Clean Ammonia Project. Following start up […]
TotalEnergies has started commercial operations of Danish Fields and Cottonwood, two utility-scale solar farms with integrated battery storage located in southeast Texas. These new projects, with a combined capacity of 1.2 GW, are part of a portfolio of renewable assets totaling 4 GW in operation or under construction in Texas. Danish Fields is TotalEnergies’ largest […]
bp and Iberdrola have given the green light for construction of a 25 MW green hydrogen project at bp’s Castellón refinery which is expected to be operational in second half of 2026. This is the first hydrogen project jointly undertaken by bp and Iberdrola through Castellón Green Hydrogen S.L., a joint venture equally owned by […]
Toyota Logistics Services at the Port of Portland recently received a special delivery from Chevron: 4,000 gallons of a renewable gasoline blend. Compared with traditional gasoline, it could reduce a vehicle’s lifecycle carbon dioxide emissions by more than 40%. At the Port of Portland site, this renewable blend was put in an existing fuel storage […]
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is strengthening its partnership with USAID Power Africa to advance energy transition and environmental decarbonization efforts. The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Engr. Gbenga Komolafe, welcomed a delegation from USAID Power Africa to the NUPRC headquarters in Jabi, Abuja. During the high-level meeting, Engr. […]
