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Ofgem launches formal investigation into Drax’s green credentials
UK energy regulator Ofgem has launched a formal investigation into the sustainability credentials of power generation company Drax. The regulator …
Texaco Q&A: Eddy Devriese talks oil analysis, cost savings and electrification
How does Texaco support customers with ongoing maintenance? A significant string to our bow is the Texaco Oil Analysis Program, LubeWatch. …
China set for 55% of global renewable capacity additions over next two years: IEA
China is expected to account for 55% of additional renewable capacity by 2024, according to the International Energy Agency (IEA). …
India’s chipmaking ambitions stall due to lack of tech partnership
India has experienced a setback in prime minister Narendra Modi's chipmaking ambitions as major investors, including a Foxconn joint venture …
Lack of energy voucher uptake for prepayment customers reveals UK Government’s failings
More than £130m ($162m) of energy bill support for UK energy consumers has gone unclaimed by households using traditional prepayment …
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Shell acquires 12 solar projects in Spain
British oil and gas giant Shell has further expanded its renewable energy portfolio by acquiring 12 solar projects in Spain, …
Nexamp secures funding for 250MW solar and battery projects in US
Clean energy developer Nexamp has secured more than $400m in funding to support the development of 49 solar and battery …
Fortum and KHNP sign MoU for cooperation on nuclear power
Finnish state-owned energy company Fortum has signed a memorandum of understanding (MoU) with Korea Hydro and Nuclear Power (KHNP) for …
TotalEnergies to work with Belgian start-up on US synthetic natural gas plant
TotalEnergies and Belgian start-up Tree Energy Solutions (TES) have announced plans to collaborate on a synthetic natural gas plant to …
Iberdrola and Norges Bank finalise 1.26GW Spanish renewables deal
Iberdrola has finalised an alliance with the sovereign fund of Norway, managed by Norges Bank Investment Management, to sell a …
EDF and Simply Blue partner to develop two floating wind farms in Ireland
EDF Renewables Ireland has signed a partnership with Simply Blue Group to develop the Western Star and Emerald floating wind …
Is the tide turning for Australia’s fossil fuel exports?
In the 2022–2023 financial year, Australia is forecast to earn A$464bn ($302bn) from resource and energy exports, according to the …
Who’s investing where? Private equity deal activity in the power industry in The US decreased by 19% in Q1 2023
In the US power industry, there were 26 private equity deals announced in Q1 2023, worth a total value of …
Who’s investing where? Private equity deal activity in the power industry in The UK remained flat in Q1 2023
In the British power industry, there were 11 private equity deals announced in Q1 2023, worth a total value of …
Who’s acquiring who? M&A activity in the power industry in China decreased by 50% in Q1 2023
In the Chinese power industry, there were 22 M&A deals announced in Q1 2023, worth a total value of $1.5bn, …