Varo purchases Swedish refiner Preem as part of a bet on biofuels

Varo Energy, which is backed by Carlyle Group, the largest private equity firm in the world, and Vitol, one of the biggest trading houses in history, announced on Monday…
Nigeria launches $500 Million Fund for Solar Energy

Nigeria launched a $500-million fund on Thursday to attract private investment in order to increase solar energy and supplement the country's aging power grid. At the Sustainable…
British Energy Secretary to visit China to restart energy discussions, sources say
Three sources who have direct knowledge of this plan say that British Energy Secretary Ed Miliband is planning to visit China in march, where he will restart discussions on energy cooperation…
British Energy Secretary to visit China to restart energy discussions, sources say
Three sources who have direct knowledge of this plan say that British Energy Secretary Ed Miliband is planning to visit China in march, where he will restart discussions on energy cooperation…
British Energy Secretary to visit China to restart energy discussions, sources say
Three sources who have direct knowledge of this plan say that British Energy Secretary Ed Miliband is planning to visit China in march, where he will restart discussions on energy cooperation…
British Energy Secretary to Visit China in March for Restarting Energy Talks and Meeting Investors
Three sources have confirmed that British Energy Secretary Ed Miliband is planning to visit China in march. He will be meeting with Chinese investors and restarting talks about energy cooperation.
Israel urges the public to install solar panels on their roofs in order to generate electricity

Solar panels are being installed on roofs in Israel to harness the sun's power and help Israel meet its growing demand for electricity. Around 15% of Israel's electric production comes from renewable sources…
Solar power in favelas of Brazil hopes to shine under G20 spotlight
Residents of Morro de Babilonia in Rio de Janeiro, one of the underdeveloped "favela" neighborhoods, rarely discuss geopolitics. But as the city prepares to host the leaders of the Group of 20 on Monday…
Eletrobras and Ocean Winds have agreed to evaluate offshore wind projects in Brazil
The Brazilian power company Eletrobras signed a Memorandum of Understanding with Ocean Winds on Tuesday to study the development and deployment of offshore wind farms. In the future…
Taiwan's TCC receives Italian approval to take energy storage company NHOA private
TCC Group Holdings, a Taiwanese company, announced on Friday that it has received approval from the Italian government to privatize energy storage firm NHOA. The Italian…
Developments in Clean Hydrogen Production

The recent release of proposed regulations to the Clean Hydrogen Production Credit by the U.S. Department of the Treasury and IRS has stirred significant interest in the energy sector.
UK energy prices rise 10% due to extreme weather and geopolitics
The British energy regulator Ofgem raised the price cap for household energy bills on Friday by 10%, from October 1, to a level of 2,250.64 pounds per year. This increase…
Woodside Energy, a company based in Australia, will buy Texas' ammonia plant for $2.3 billion.
Woodside Energy, a company based in Australia, announced on Monday that it would acquire OCI Global’s Texas clean ammonia plant for $2.35billion as part of its move towards sustainable energy.
Yesterday’s or Tomorrow’s Offshore Energy: Which to Pick?

Looking back, it is easy to wonder if one could have done better by taking the other fork in the road. I grew up in Holland in a maritime family and am pretty sure I would have stuck with maritime there.
The Path to Zero: Amasus Shipping inks deal to power M/V EEMS Traveller with Wind

The M/V EEMS Traveller, owned and operated by the Dutch shipowner Amasus Shipping, will start harnessing the power of wind. The 91 meters length general cargo vessel will…
Back to the Drawing Board: Analyzing Social Impact of Sustainable Energy

The future could be bright for small island nations. Cheap sustainable energy is the core component of the United Nations Sustainable Development Goals.Engineers like making things…
Opinion: Egypt Banks on Renewables to Meet Expected Energy Demand Surge

To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape.
World First Full Scale 'Ammonia as Fuel' Marine Four-Stroke Engine Test

While there is no consensus on the marine industry ‘fuel of the future’ that will meet ever tightening international emission mandates, a group of organizations has commenced…
NOIA Elects Cobb, McCarroll to Board Leadership Roles
The National Ocean Industries Association (NOIA) Board of Directors has elected Galen Cobb, Vice President of Industry Relations of Halliburton, as Chairman and Matt McCarroll…
Siemens Gamesa Says Affected by COVID-19, but Long-Term Prospects Sound

Wind turbines maker and service provider Siemens Gamesa has said its January-March quarter performance was affected by the COVID-19 pandemic on its operations and commercial activity…