INEOS Energy has completed the acquisition of CNOOC’s oil and gas assets in the Gulf of America, increasing its global oil production to over 90 thousand barrels of oil equivalent per day. The completion of the deal marks the third major investment by INEOS Energy in the United States, in the past three years and increases capital spend on energy assets by INEOS in the USA to above $3 billion.This included the 1…
From June 18-20, 2025, the Japan Energy Summit & Exhibition will return to Tokyo Big Sight, convening global energy leaders, influential policymakers, and industry executives to advance Japan’s energy transition, investment landscape, and strategic role in the global energy system…
Abu Dhabi Future Energy Company (Masdar) has completed the acquisition of 100% shares in Greece’s Terna Energy.The acquisition follows the successful completion of an all-cash mandatory tender offer (MTO) and squeeze-out process for the remaining 30% shares of the company at a price of $22…
The Japan Energy Summit & Exhibition 2025 Executive Committee convened in Tokyo under the leadership of Nobuo Tanaka, Executive Director Emeritus, International Energy Agency (IEA), to define the event’s agenda and assess the challenges shaping Japan’s energy future…
Houston-based subsea equipment and services provider for oil and gas sector Koil Energy has established a new technology center for manufacturing and service support in Macaé, marking its expansion into Brazil.Macaé is generally considered to…
For the first time, DNV has applied its independent Energy Transition Outlook model— incorporating the latest technology trends and policy developments— to Germany.The inaugural German Energy Transition Outlook (ETO) report finds that Germany…
ADNOC Logistics and Services (ADNOC L&S), part of the Abu Dhabi National Oil Company (ADNOC), has partnered with an Abu Dhabi seaglider operator to introduce REGENT seagliders into its fleet for offshore energy logistics services.The seagliders will provide high-speed…
The latest Energy Cyber Priority report from DNV Cyber has found that energy companies have started to boost investment in cybersecurity to manage the ‘greatest risk’ to the industry today as the importance of securing businesses from cyber threats reaches highest company levels…
Nexif Ratch Energy’s San Miguel Bay offshore wind project in the Philippines has been granted the Certificate of Energy Project of National Significance (CEPNS) by the country’s energy department.The 500 MW offshore wind project, located in San Miguel Bay…
Scottish ocean energy pioneer Mocean Energy has launched a crowdfunding campaign on Crowdcube, Europe’s largest private market investment platform.The campaign, which is now live, aims to finance the next phase of the company’s growth plans as it looks to mature its wave energy technology…
Energy and finance leaders at ADIPEC urge joint efforts to mobilize capital for emerging economies.The new Finance & Investment Conference at ADIPEC 2024 concluded today with a renewed call for accessible and affordable capital for a fair energy transition…
The U.S. Department of Energy has made its largest ever investment in marine energy, making $112.5 million available for the commercialization of wave energy technologies.This five-year investment is expected to significantly accelerate the design…
Great British Energy, a new UK government-owned clean energy company, and the Crown Estate have entered into partnership, which could facilitate up to 20-30 GW of new offshore wind developments reaching seabed lease stage by 2030.Great British Energy (GB Energy) Bill…
Abu Dhabi Future Energy Company (Masdar) has reached a definitive agreement with GEK TERNA and other shareholders to acquire Greece’s Terna Energy in a $3.44 billion (€3.2 billion) deal, representing one of Europe’s biggest renewable energy transactions in 2024…
Global investors are increasingly moving away from the renewable energy sector funds this year due to concerns over the sector's growth prospects and uncertainty over policies in a U.S. election year, fund data show.Renewable energy sector funds witnessed steady inflows in the past few years…
