All articles by Aninda Chakraborty
UK announces new measures to accelerate offshore wind development
The unlocked projects are set to generate up to 16GW of electricity—almost equivalent to the output of all of the country’s gas power plants in the previous year
Eversource Energy to sell Aquarion Water Company for $2.4bn
The transaction, subject to certain closing adjustments, assigns an aggregate enterprise value of approximately $2.4bn to the sale
Uniper selects Technip Energies for FEED study at Connah’s Quay in UK
The Connah’s Quay Low Carbon Power project will involve building a Combined Cycle Gas Turbine (CCGT) plant with CCS technology at the site
Santos reports 9% drop in annual sales revenue to $5.4bn in 2024
The oil and gas company reported a slight drop in quarterly production from 21.6mmboe in Q3 2024 to 21.5mmboe in Q4 2024
Ørsted records $1.7bn impairment amid US offshore wind challenges
The cumulative impact of increased interest rates, seabed lease revaluations, and Sunrise Wind execution challenges has resulted in a total impairment of DKK12.1bn ($1.7bn) in Q4 2024.
M&P signs LoI to acquire 40% stake in Colombia’s Sinu-9 Gas Licence
The Sinu-9 gas block is situated in the Lower Magdalena Valley, approximately 75km from Colombia’s Caribbean coast
Aker Solutions, Siemens to advance Norfolk Wind Zone Project
The Norfolk Vanguard West and East developments mark the initial phase of RWE’s Norfolk Offshore Wind Zone
ENGIE to expand capacity of wind farm project in Egypt
ENGIE holds a 35% stake in the Red Sea Wind Energy consortium and serves as the technical and project management partner
ADNOC Gas awards three contracts worth $2.1bn for key LNG supply infrastructure
The new infrastructure will support the Ruwais LNG export facility, which is set to more than double ADNOC Gas’ LNG production capacity
Pioneer Energy secures $27m from US DOE for emission reduction projects
Three of the four awards will support the development of the company’s near-zero emissions technology called Emission Control Treater (ECT)