Swift Current Energy acquired by Buckeye Partners and Nala Renewables
Buckeye Partners and Nala Renewables have teamed up to acquire the majority ownership of U.S. based clean energy development and investment platform Swift Current Energy,...
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Canada invests in 3 community-led clean energy projects in Nunavut
The Government of Canada today announced over $7.6 million for three clean energy projects in Nunavut. Accordingly, the administration aims to help Indigenous communities address...
First Gen unit signs 5-year charter deal for its LNG terminal project
A subsidiary of Philippines-based renewable energy provider First Gen Corp. announced Monday it signed a 5-year deal with Norway-based BW Gas Ltd. Accordingly, the agreement...
IRENA releases 2021 Renewable Capacity Statistics Report
According to a new report conducted by the International Renewable Energy Agency (IRENA), global renewable energy capacity additions increased in 2020; thus, beating earlier estimates...
Oxy rejects carbon tax, endorses 45Q credit structure: Hollub
Occidental Petroleum Corporation (Oxy) has rejected the proposed U.S. carbon tax, preferring the existing system of tax credits designed to push oil companies to store...
Georgetown University and ENGIE partner-up to promote energy sustainability
French multinational electric utility ENGIE announced today that it entered into a comprehensive energy agreement with Georgetown University in Washington DC, US. Accordingly, this agreement will help...
Vitol boosts profits as trading offsets the covid-19 impact
Vitol suffered an $85 billion fall on its revenues last year, due to the demand destruction of the covid-19 pandemic; however, strong energy trading has...
BP hits $35B net debt target before schedule due to trading and high performance
The British oil major, bp, announced this Tuesday it expects to hit its $35 billion net debt target by the end of the first quarter...
Boehringer Ingelheim goes green on its largest manufacturing site in the U.S.
Boehringer Ingelheim, the pharmaceutical and medical company, has transitioned to green energy, specifically wind, to power its largest manufacturing site in the U.S. The site...
Wärtsilä secures 40MW storage contract for RWE Renewables in Georgia
The technology group Wärtsilä landed a contract to supply an engineered equipment delivery (EEQ) of 40 megawatts/80 MWh-DC solar modules plus storage system to the...