The second-largest U.S. liquefied natural gas (LNG) exporter said it reached an agreement with a federal regulator that will allow it to resume some operations at its Quintana, Texas, plant in October.
The decommissioning of Soviet-era reactors at the Bohunice nuclear power plant (BNPP) in the Slovak Republic reached an important landmark. The two pressurised water reactors of the VVER-440 design have now been fully dismantled and their components decontaminated for safe storage and recycling.
Azerbaijan’s goal of diversifying its energy mix has received a major boost with the approval of US$ 114.2 million financing package from the European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB), the Japan International Cooperation Agency (JICA), and the Abu Dhabi Fund for Development (ADFD).
The Saudi Arabian Oil Company “Aramco” announced the signing of an equity purchase agreement to acquire Valvoline Inc. global products business (“Valvoline Global Products” or “VGP”) for US$2.65 billion. The transaction is subject to certain customary adjustments set forth in the equity purchase agreement.
Europe's natural gas crisis is moving from a "bad" to "ugly" scenario, according to BofA. A shortage of gas as Russia slashes flows could mean winter stockpiles could be insufficient. Natural gas prices are likely to rise even higher, the bank added.
Enel Columbia has begun construction of the Guayepo I & II solar power plant (SPP) with a total capacity of 487 MW in the Atlantico department, northern Colombia. The project, through which over 820,000 photovoltaic panels would be installed will more than triple capacity of SPPs, i.e. from the current 184 MW to 671 MW.
Pontegadea has invested 27 million euros to acquire 49% of Kappa, a 126.7 MW solar facility in Manzanares (Ciudad Real). This transaction values the asset at 109 million, including the project debt.
NovaSource Power Services, a portfolio company of Clairvest Group Inc. and the global leader in solar operations and maintenances services, announced today that it is adding the next evolution of services to its product lifecycle packages for the North American market.
OMV, the international integrated oil, gas and chemicals company headquartered in Vienna, and Verbund, Austria’s largest electricity company and one of the largest producers of electricity from hydropower in Europe, have commissioned the further expansion of the ground-mounted photovoltaic plant on the OMV site in Schönkirchen/Lower Austria.
Polar Night Energy’s first commercial sand-based high temperature heat storage is now in operation at Vatajankoski power plant area. The heat storage, which has a hundred tons of sand inside, is producing low emission district heating to the city of Kankaanpää in Western Finland.