Category: Energy Industry News

Norges Bank Investment Management acquires stake in Spanish solar portfolio

businessnewstoday- April 27, 2024

Norges Bank Investment Management, the entity managing Norway's sovereign wealth fund, has finalized a deal to acquire a 49% interest in a substantial 644 MW ... Read More

Ørsted inaugurates Greater Changhua 1 and 2a offshore wind farms in Taiwan

businessnewstoday- April 27, 2024

Ørsted, a Danish energy company, marked a significant milestone in renewable energy development by inaugurating the Greater Changhua 1 and 2a offshore wind farms in ... Read More

Tengizchevroil launches Wellhead Pressure Management Project in Kazakhstan

businessnewstoday- April 27, 2024

Tengizchevroil (TCO), a major oil production joint venture, has officially commenced operations at its Wellhead Pressure Management Project (WPMP) located in the Tengiz oil field, ... Read More

Trident Energy expands into Republic of Congo with strategic acquisitions from Chevron and TotalEnergies

businessnewstoday- April 25, 2024

Trident Energy, a UK-based company specializing in mid-life oil and gas assets, has announced its expansion into the Republic of Congo through two separate acquisition ... Read More

Scatec ASA signs PPA for new 142MW solar plant in Brazil with Statkraft

businessnewstoday- April 25, 2024

Scatec ASA, a prominent renewable energy solutions provider, has entered into a 10-year power purchase agreement (PPA) with Statkraft Energia do Brasil Ltda. This agreement ... Read More

Bitech Technologies acquires Emergen Energy to bolster green energy portfolio

businessnewstoday- April 25, 2024

Bitech Technologies Corporation , a key player in green energy solutions, announced the completion of its acquisition of Emergen Energy LLC from Texas-based Bridgelink Development, ... Read More

Baker Hughes secures key order from Aramco for Master Gas System expansion

businessnewstoday- April 24, 2024

Baker Hughes (NASDAQ: BKR), a global leader in energy technology, has announced a significant order from engineering firm Worley, acting on behalf of Saudi oil ... Read More

Ithaca Energy signs £754m all-stock deal to acquire Eni’s UK upstream assets

businessnewstoday- April 24, 2024

Ithaca Energy has finalized an agreement to acquire the majority of Eni's upstream assets in the United Kingdom in a substantial all-stock transaction valued at ... Read More

Vattenfall, BASF sign major offshore wind farm deal in German North Sea

businessnewstoday- April 24, 2024

Vattenfall and BASF have entered into a significant agreement whereby BASF will acquire 49% of Vattenfall’s Nordlicht 1 and 2 wind farms. These wind farms ... Read More

Tata Power Solar Systems partners with Indian Bank to enhance residential solar adoption

businessnewstoday- April 24, 2024

Tata Power Solar Systems Limited (TPSSL), a top solar company in India and a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has joined ... Read More