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Energy Industry News
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ACME Solar locks in 19-year debt for 300MW project as FY27 funding hits Rs 10,976cr
ACME Solar has secured ₹1,571 crore from India Infrastructure Finance Company Limited for a 300 MW assured-peak Rajasthan project backed by a 25-year Solar Energy Corporation of India PPA.
August 28, 2026
Enbridge (TSX: ENB) brings KKR and Apollo into C$2.7bn Westcoast pipeline deal
Enbridge is forming a C$2.7 billion Westcoast pipeline joint venture with KKR and Apollo, exchanging a cumulative 29% interest for expansion funding while retaining majority ownership and operational control.
August 28, 2026
Acerta Energy to buy Astara for C$127m as Alberta production jumps 67%
Acerta Energy is acquiring Astara Energy for about C$127 million, adding 5,000 boepd and more than doubling crude production as the private Canadian producer accelerates consolidation across Alberta.
August 28, 2026
What Inox Clean gains from Rs 6,000cr Vena deal beyond 1GW of operating renewables
Inox Clean Energy has completed its ₹6,000 crore acquisition of Vena Energy India, adding roughly 5.4 GW of solar and wind assets and 2.5 GWh of battery projects across operating and development stages.
August 28, 2026
Shell (LSE: SHEL) shelves Trinidad Aphrodite gas project despite earlier FID
Shell has paused its Aphrodite offshore gas development in Trinidad after failing to finalise gas-sale terms, removing a planned 2027 source of roughly 100 million cubic feet per day.
August 28, 2026
Why L&T’s new 6GWh battery award points to a 1.5GW Middle East storage build
Larsen & Toubro has won a major Middle East EPC order for three four-hour battery projects totalling 6 GWh, implying about 1.5 GW of aggregate discharge capacity.
August 28, 2026
Anfield Energy advances US uranium strategy as Velvet-Wood rehabilitation reaches new milestone
Anfield Energy restarts underground work at Velvet-Wood after nearly 40 years. See what the milestone means for its US uranium production strategy.
August 27, 2026
TotalEnergies exits Arctic LNG 2 but keeps $1.3bn loan claim subject to sanctions
TotalEnergies has transferred its fully impaired 10% Arctic LNG 2 stake to a Novatek subsidiary, ending its ownership in the sanctioned project while retaining rights to about $1.3 billion of shareholder-loan reimbursement.
August 27, 2026
CMB.TECH NV Q2 profit reaches $364m as vessel sales and tanker rates reshape earnings
CMB.TECH reported $703.9 million of Q2 revenue and $364.4 million of profit as tanker and dry-bulk rates surged, while fleet sales contributed $127.5 million and another $231.4 million of gains are expected later in 2026.
August 27, 2026
Woodside (ASX: WDS) profit rises 27% as $5bn clean-energy target is retired
Woodside Energy Group delivered US$1.67 billion of first-half profit and lifted its interim dividend, but its strategy reset toward oil, LNG and stricter capital returns may prove more consequential than the earnings beat.
August 27, 2026