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Energy Industry Newsletter
  • LNG imports hurt local energy industry 25 Dec 2024 06:18 GMT

    Listen to article ISLAMABAD: Liquefied natural gas (LNG) imports have once again started hurting the local oil and gas industry as exploration companies have suffered a loss of $192 million in the last four months due to the addition of LNG to the …

  • Clean energy industry groups cozy up to GOP 23 Dec 2024 16:59 GMT

    Two of the nation’s biggest clean energy lobbying groups will soon find out whether their efforts to strengthen relationships with Republicans will save crucial policies they spent years pursuing. The American Clean Power Association and Solar Energy …

  • Acme secures ₹1,988 cr loan for 300 MW hybrid renewable project 26 Dec 2024 14:13 GMT

    New Delhi: Acme Renewtech Pvt Ltd, a subsidiary of Acme Solar Holdings Ltd, has secured a term loan of ₹1,988 crore from Power Finance Corporation (PFC) to finance its 300 MW Solar-Wind Hybrid Renewable Energy Project, the company said. The project …

  • Noble drillship set to embark on Gulf of Mexico drilling job next month 26 Dec 2024 15:22 GMT

    U.S. offshore drilling contractor Noble Corporation has won a new offshore drilling assignment in the Gulf of Mexico for one of its drillships. Noble Globetrotter I drillship; Source: Noble Thanks to a contract with an undisclosed energy player, the Noble …

  • FERC Approves ALLETE Privatization under $6.2B Deal with CPP, GIP 26 Dec 2024 13:30 GMT

    The United States Federal Energy Regulatory Commission (FERC) has approved power utility ALLETE Inc.’s acquisition by a partnership between Canada Pension Plan (CPP) Investments and Global Infrastructure Partners (GIP). “FERC’s approval of ALLETE’s …

  • Russia Ready to Send Gas to Europe via Several Routes, Novak Says 26 Dec 2024 12:26 GMT

    Russia is ready to continue gas exports to Europe through several routes just as a contract to transit the fuel via Ukraine is expected to end this year, Deputy Prime Minister Alexander Novak said. It is up to authorities in Kyiv and the European Union to …

  • Seatrium Scores Kaskida FPU EPC Work from BP 26 Dec 2024 14:51 GMT

    Singapore-headquartered engineering specialist Seatrium Ltd. has been contracted by BP Exploration and Production Inc. to deliver engineering, procurement, construction, and onshore commissioning (EPC) work for the Kaskida Floating Production Unit (FPU) …

  • Noble rig duo and Stena drillship on oil & gas exploration mission for ExxonMobil off Guyana 26 Dec 2024 15:22 GMT

    As three mobile offshore drilling units (MODUs) press play to resume hydrocarbon search at the Stabroek block on South America’s North Atlantic coast, this enables ExxonMobil Guyana, a subsidiary of America’s oil major ExxonMobil, to keep looking for more  …

  • Putin sends greetings on Russia’s Energy Industry Worker’s Day 22 Dec 2024 02:12 GMT

    … workers and veterans of the energy industry on their professional holiday, noting … workers and veterans of the energy industry health, well-being and a …

  • Singapore arm of Florida’s Nebula shakes hands with Swan Energy on LNG JV and infrastructure in India 26 Dec 2024 10:24 GMT

    Florida-headquartered Nebula Energy has revealed that its majority-owned AG&P LNG is continuing its gas expansion quest by striking a new deal to create a joint venture company in India with a local player in the liquefied natural gas (LNG) landscape. …

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