Endesa acquires acciona hydraulica in €1bn renewable energy deal

Pallavi Madhiraju- November 15, 2024

Endesa Generación, a key subsidiary of Spain’s energy powerhouse Endesa, has announced a €1 billion agreement to acquire Corporación Acciona Hidráulica from Acciona Energía. The ... Read More

Tata Power Renewable Energy completes Omkareshwar floating solar project in Madhya Pradesh

Pallavi Madhiraju- November 15, 2024

In a significant development for India's renewable energy sector, Tata Power Renewable Energy Limited has successfully commissioned the Omkareshwar Floating Solar Project in Madhya Pradesh. ... Read More

Masdar, SOCAR Green, and ACWA Power sign MoU for 3.5GW offshore wind projects in Azerbaijan

Pallavi Madhiraju- November 15, 2024

Abu Dhabi-based clean energy giant Masdar, SOCAR Green, and Saudi-listed ACWA Power have signed a Memorandum of Understanding (MoU) to develop 3.5 gigawatts (GW) of ... Read More

Ovintiv reshapes oil portfolio with $2.38bn Montney shale acquisition from Paramount Resources

Pallavi Madhiraju- November 15, 2024

In a high-stakes move to capture premium oil resources, Ovintiv Inc. announced the acquisition of oil assets from Paramount Resources Ltd. in Canada's prolific Montney ... Read More

Imperial Oil fined for 2021 Sarnia oil spill affecting nearby communities

Pallavi Madhiraju- November 15, 2024

In a decisive legal move, the Ontario government has handed Imperial Oil a hefty fine over a 2021 slop oil spill at its Sarnia facility, ... Read More

HumeLink transmission project receives green light, set to transform NSW’s energy landscape

Pallavi Madhiraju- November 15, 2024

The HumeLink transmission project, a game-changing A$4.8 billion initiative, has received approval from the Minns Labor Government, marking it as one of New South Wales' ... Read More

Coterra Energy expands Permian presence with strategic acquisitions worth $3.95bn

Pallavi Madhiraju- November 14, 2024

Coterra Energy, a leading player in the U.S. oil and gas industry, has made a significant move to bolster its presence in the prolific Permian ... Read More

GAIL signs decade-long LNG deal with ADNOC Gas for 0.52 MMTPA from 2026

Pallavi Madhiraju- November 14, 2024

GAIL (India) Limited has signed a landmark 10-year Sales and Purchase Agreement (SPA) with ADNOC Gas, marking a significant boost in India’s long-term energy security. ... Read More

Shell and Equinor battle to keep North Sea oil and gas projects alive as Greenpeace tightens legal grip

Pallavi Madhiraju- November 14, 2024

In a pivotal legal showdown, Shell and Equinor have urged a Scottish court to uphold the UK government’s approval of two contentious North Sea oil ... Read More

Will NTPC Green Energy’s $12bn IPO spark a renewable energy revolution in India?

Pallavi Madhiraju- November 13, 2024

In a pivotal moment for India’s renewable energy landscape, NTPC Green Energy Ltd. is reportedly planning an initial public offering (IPO) aiming for a valuation ... Read More