Sources say that RPT-Gunvor is weighing the US energy push, which could strengthen Washington ties.
Sources familiar with the situation said that Gunvor, a commodity trader, has been in active discussions to invest into U.S. oil and gas producing assets. This could help to repair relations with the Trump Administration after the fallout of Gunvor's attempt to purchase…
Australia's APA joins Queensland in building Brigalow Power Station
The APA Group, an Australian company, announced on Monday that it had agreed to build the 400-megawatt Brigalow Peaking Power Station in Queensland proposed by CS Energy. According to a research note by RBC Capital Markets, this is the first major GPG investment made by APA in a long time.
Gunvor considers US energy push, which could strengthen Washington ties
Sources familiar with the situation said that Gunvor, a commodity trader, has been in active discussions to invest into U.S. oil and gas producing assets. This could help to repair relations with the Trump Administration after the fallout of Gunvor's attempt to purchase…
EDF Considers Selling US Renewable Unit to Focus on French Nuclear
French state-owned utility EDF is considering selling all of its U.S. renewable energy business, its CEO said on Wednesday, as the company focuses on building up its domestic nuclear operations and U.S. support for wind and solar has been rolled back.Bernard Fontana…
Russell: COP30 agreement is not important in the battle between renewables and fossil fuels.
It was not realistic to expect anything better from the COP30 Climate Summit than a weak statement that omitted all mention of fossil fuels. It was never going to be easy to bring nearly 200 countries together with vastly different perspectives and make a statement of commitment to fight climate change.
Russell: COP30 agreement is not important in the battle between renewables and fossil fuels.
It was not realistic to expect anything better from the COP30 Climate Summit than a weak statement that omitted all mention of fossil fuels. It was never going to be easy to bring nearly 200 countries together with vastly different perspectives and make a statement of commitment to fight climate change.
INSIGHT- West scrambles fill the heavy rare earth gap, as China rivalry intensifies
Western efforts to create a domestic magnets supply chain in order to reduce their reliance on China, led by the massive U.S. support for Nevada-based MP Materials, are running into a major problem: a scarcity of heavy rare earth elements. United States and its allies…
Germany reduces plans for new gas-powered generation as part of the decarbonisation compromise
Germany has reduced the amount of gas fired power capacity that it plans to develop, to about 10 gigawatts. This is half of what was planned at the beginning of the year. The goal is to strike a balanced between decarbonisation, and supporting intermittent renewables.
Adani Group invests $7.17 billion in power projects in India’s Assam State
Adani Group, an Indian company, announced on Friday that it would invest approximately 630 billion rupees (7.17 billion dollars) in two major projects in Assam in the state's north-eastern region. One of these will be the largest coal-fired plant in the region. Adani…
Blackstone invests $1.2 billion to build a power plant in West Virginia
Blackstone announced on Thursday that its unit will invest around $1.2 billion in building a power station in West Virginia. The asset manager is stepping up efforts to meet the surging demand for electricity due to artificial intelligence and industrial expansion.
Siemens misses its profit forecasts as it prepares a spin-off of Healthineers
Siemens announced Thursday that its industrial profit was slightly lower than analyst expectations for its fourth quarter after it announced plans to reduce its share in Siemens Healthineers. Siemens, which produces everything from industrial software to trains to trains themselves…
Made in Nigeria: Africa's drive to become a solar superpower
In pink overalls they pack the tested products to be shipped from the Salpha Energy solar assembly plant near Calabar, West Africa. It's not happening at home anymore. Salpha Energy, which began in 2017, has produced solar power systems for over two million Nigerian households and businesses. It aims to produce up to 300,000.
Baker Hughes will supply key equipment to Alaska LNG Project
Baker Hughes, a provider of oilfield services, will provide key equipment for the proposed Alaskan LNG project. The project's chief developer announced on Monday that the pipeline and terminal would be built to export natural gas from Alaska's North Slope to Asia and to other markets.
Chevron Investor Day puts the spotlight on post Hess strategy
Portfolio managers will be interested to hear what CEO Mike Wirth has planned to reap the rewards of the Hess purchase and start a new growth phase when Chevron executives, top shareholders and the oil producer gather in New York City for its investor day on Wednesday.
Qcells furloughs 1000 workers in US solar factories because of stalled shipments
Qcells, a U.S. subsidiary of Hanwha of Korea, has announced that it will lay off 1,000 workers from its Georgia plants because U.S. Customs officials are routinely delaying shipments of parts it needs. The company announced the news months after it said that some of its shipments had been held at U.S.
Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact
Record-breaking 239,709 attendees from 172 countries gathered at ADIPEC 2025, reaffirming UAE’s convening power and its role as a global hub for energy, partnerships and innovation. ADIPEC 2025 generated an estimated US$400 million in economic benefits for Abu Dhabi’s economy…
Greece signs long-term LNG supply agreement with US
Greece signed a 20-year deal to import 0.7 bcm of liquefied gas each year, starting in 2030. This is its first long term gas supply agreement with the United States. The deal aims to replace Russian gas shipments into Europe. The 20-year agreement comes just months…
Ceres Power shares soar on China data centre power deal
Ceres Power soared by over 23% after its British developer of clean energy technology announced a deal with the largest Chinese shareholder for powering data centres. The deal gave a boost to a stock that was already boosted by the growing interest of investors in energy companies who support the AI infrastructure building out…
Targa Resources beats profit estimates on record Permian volumes, boosts dividend
Targa Resources, the pipeline operator, beat expectations for its third-quarter core profit adjusted on Wednesday. This was boosted by record volumes of natural gas and liquids from the Permian Basin. The company announced that it would increase its dividends by 25%, to $5 per share, in 2026.
Vestas' operating profit for the third quarter of 2013 exceeds expectations
Vestas, a manufacturer of wind turbines, reported a third-quarter operating result above expectations on Tuesday. This was driven by a good performance in its onshore operations. The stronger-than-expected result suggests Vestas is successfully executing a turnaround after years of losses…