Independent power generation company Globeleq will acquire a 74% majority equity stake in CPGNL Limited, an…
Category: Energy
McDermott Completes Offshore Field Development Project in India
Located off the east coast of India, is the KG-D6 R Cluster subsea field development project.…
CIMB Group Holdings Bhd to Face Out Coal from its Portfolio by 2040
International banks have been exiting coal financing at an accelerated rate this year amid pressure from…
Liquefied Natural Gas Traders Anticipate a Swift Demand Recovery in 2021
Outages at major production hubs and congestion along global shipping routes already have combined to push…
36.8 MW of Wind Energy in Peru
Grenergy in a renewable energy auction in 2016 and are part of Peru’s plan to meet…
OPEC+ allows Kazakhstan to Increase Oil Production
Countries participating in the agreement decided to extend the current level of oil production cuts for…
Ineos Purchase BP’s Global Aromatics and Acetyls Businesses
Acquisition comprises 15 sites across the world – five of which are in the Americas, two…
LNG Markets in East Africa are Becoming Increasingly Competitive on the Global LNG Stage
LNG markets in East Africa are becoming increasingly competitive on the global LNG stage, demonstrating its…
Wind Energy Deal to Help Power 400,000 Ethiopian Households
Siemens Gamesa has signed its first deal to build a 100 MW wind farm in Ethiopia.…
South Korea Plans to Convert Coal Plants into LNG-Fired Facilities
Increasing the capacity of its LNG-based power plants by 43% over the next 13 years, moving…