The initial public offering (IPO) of NTPC Green Energy Limited, the renewable energy arm of NTPC Limited, has garnered significant attention as it opened for subscription. The IPO, which launched on November 19, 2024, aims to raise ₹10,000 crore and will remain open until November 22, 2024. On its first day, the offering was subscribed […]
Aramco, one of the world’s largest integrated energy and chemicals companies, has signed a Development Framework Agreement with its affiliate, Saudi Aramco Jubail Refinery Company (SASREF), and Rongsheng Petrochemical Co. Ltd. The agreement was formalised during a meeting in Beijing, China, and marks a significant step toward expanding SASREF’s refining and petrochemical operations in Jubail, […]
DT Midstream has unveiled plans to acquire three major US natural gas pipelines from ONEOK in a $1.2 billion transaction, marking a significant step in its mission to expand its natural gas infrastructure portfolio. This strategic acquisition, which is anticipated to close by early 2025, positions DT Midstream to enhance its footprint in the Midwest […]
Oil India Limited (OIL), a Maharatna CPSE under the Government of India, has entered into a significant partnership with global energy giant TotalEnergies to tackle methane emissions at OIL sites across India. Announced on 19th November 2024 during COP29, the collaboration introduces cutting-edge AUSEA technology to the Indian energy sector. This partnership underscores both companies’ […]
In a historic development for South Asia’s energy landscape, Tata Power, one of India’s leading integrated power companies, has signed a strategic agreement with Bhutan’s Druk Green Power Corporation (DGPC) to develop an impressive 5,000 MW of clean energy capacity. The partnership, formalised through a Memorandum of Understanding (MoU) in Thimphu, Bhutan, signifies a crucial […]
In a landmark collaboration, the United Kingdom and the United States have announced a partnership to accelerate the development of advanced nuclear technologies. This initiative, revealed during the COP29 climate summit in Azerbaijan, aims to tackle climate change and bolster energy security through innovative nuclear solutions. The partnership is expected to drive progress in key […]
Saudi Aramco, China Petroleum and Chemical Corporation (Sinopec), and Fujian Petrochemical Company Ltd. (FPCL) have broken ground on the Fujian Gulei Phase II Integrated Refining and Petrochemical Project, a $9.82 billion collaboration set to transform China’s energy sector. Located in Fujian Province’s Gulei coastal region, this project underscores the growing partnership between Saudi Arabia and […]
Fluor Corporation (NYSE: FLR) and its joint venture partners have taken a significant step in the global clean energy transition by securing a limited notice to proceed (LNTP) for the design of Units 3 and 4 at the Cernavoda Nuclear Power Plant in Romania. EnergoNuclear S.A., a subsidiary of SN Nuclearelectrica S.A., awarded the contract […]
Summit Carbon Solutions has achieved a critical breakthrough with the North Dakota Public Service Commission granting a Route Permit for its ambitious CO2 pipeline project. This decision signifies the culmination of an exhaustive review process aimed at balancing economic growth with the interests of local communities, stakeholders, and landowners. The permit sets the stage for […]
DTE Energy has unveiled an ambitious plan to invest over $100 million in Michigan’s electrical infrastructure, marking a pivotal step in addressing the state’s energy demands and enhancing grid reliability. This substantial funding will support the construction of three advanced electric substations in Northville Township, Pontiac, and Shelby Township. The initiative is expected to significantly […]