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CN Energy Group has entered direct North American crude production through an Alberta Cold Lake oil well investment, expanding beyond its traditional businesses as it builds a broader platform spanning oil production, transportation, trading and supply-chain services. Representative image.

CN Energy (NASDAQ: CNEY) enters Canadian oil production with Cold Lake project

NLC India is seeking 1,500 acres of private land for utility-scale solar projects in Tamil Nadu, implying around 300 MW of initial capacity with potential expansion to roughly 600 MW under a green-shoe option. Representative image.

PowerBank (NASDAQ: PBK) clears permit for C$14m Nova Scotia solar project

Continental Resources is expanding its Permian Basin footprint through the acquisition of FireBird Energy II, adding about 54,000 net Midland Basin acres and 32,000 barrels of oil equivalent per day of production, including a 69% oil mix. Representative image.

Continental Resources to buy FireBird as Permian footprint grows more than 40%

Mitsubishi Electric Corporation’s $1.4 billion acquisition of PCI Energy Solutions expands its push into power-market software as utilities manage increasingly complex grids shaped by renewables, battery storage and rising electricity demand. Representative image.

Mitsubishi Electric’s $1.4bn PCI deal targets software managing 60% of US power

EIG expands in energy sector with strategic acquisition of Ocyan

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Energy Industry News

EIG to acquire Brazilian oil and gas solutions provider Ocyan for $390m

EIG, a global leader in energy and infrastructure investments, has officially declared its entrance into a definitive agreement…

byPallavi Madhiraju

December 28, 2023

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