ArcelorMittal, the world’s second-largest steelmaker, has completed its acquisition of 27.5% of Vallourec’s capital for 955…
Tag: energy transition
Ecopetrol Decides Against $3.6 Billion Permian Oil Deal with Occidental
Ecopetrol SA, the state-owned oil company of Colombia, has chosen not to pursue a $3.6 billion…
Petrobras Confirms Major Natural Gas Discovery Offshore Colombia
Petrobras has successfully achieved its primary objective at the Uchuva-2 well, confirming the significant natural gas…
Algeria: Sonelgaz, Sonatrach, and ENI Explore Electrical Interconnection Project
The signing of this memorandum further solidifies Algeria’s ambition to strengthen its position as a major…
Fugro Concludes Extensive Survey for Atlantic Shores Offshore Wind
Fugro, a leading offshore survey company, has successfully finished four years of continuous survey operations for…
The Rise of Renewable Energy Has Made Cybersecurity More Critical Than Ever
The United States is swiftly expanding its renewable energy capacity, driven by ambitious climate goals and…
Global Surge in Renewable Energy Demand
The global demand for electricity is projected to double by 2050 compared to 2020 levels, primarily…
Gabon: Ayemé Plaine 120 MW Solar Plant to be Delivered in October (Solen)
The Ayemé Plaine solar power plant, touted as the largest solar energy production unit in Central…
Quinbrook Secures $3 Billion for Net Zero Power Fund to Advance Global Renewable Energy Projects
Quinbrook Infrastructure Partners (Quinbrook), a specialist global investment manager dedicated to the energy transition infrastructure, has…
Wind and Solar to Surpass 40% of China’s Power Capacity in 2024
By the end of 2024, wind and solar energy are projected to exceed 40% of China’s…
JGC and Sumitomo Partner to Build Floating Offshore Wind Supply Chain
JGC Japan Corp., an EPC1 operating company under JGC Holdings Corp., and Sumitomo Corp. have formalized…
RWE Launches its First Solar Farm in Poland
RWE is in the process of building several solar farms with a combined capacity exceeding 100…