Germany to Tweak Rosneft Trusteeship to Avert Sanctions

Germany plans to tweak the system that controls the local assets of Rosneft PJSC to ensure it is complying with the tougher US sanctions imposed on the Russian oil company…

EBRD And EU Provide €10M Green Loan To Amen Bank, Supporting Tunisian MSMEs And Promoting Equal Access To Climate Finance

Representational image. Credit: Canva The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have signed a €10 million senior unsecured loan with Amen Bank, one of…

Advantage Capital And Origis Energy Close $265M Tax Equity Deal To Fund Three Utility-Scale Solar Projects In Florida And Alabama

Representational image. Credit: Canva Advantage Capital, a leading impact investment firm, and Origis Energy, one of the United States’ top renewable energy platforms, have announced the closing of a $265…

Xtellus Proposes Using Global Lukoil Assets to Settle U.S. Investor Losses

New York-based investment bank Xtellus Partners has proposed that proceeds from the sale of Lukoil’s foreign assets be used to compensate American investors who lost money after their Lukoil stock…

Israel To Approve $35B Gas Export Deal With Egypt Amid U.S. Pressure

Israel is expected to approve its $35 billion gas export with Egypt, worth an estimated $35 billion, amid pressure from the Trump administration. Under the deal, Israel will export 130…

Equinor Starts Commercial Power At Serra da Babilônia Solar, Creating Brazil’s First 140 MW Solar + 223 MW Wind Hybrid Complex

Equinor and its Brazilian subsidiary, Rio Energy, have begun commercial power generation at the Serra da Babilônia Solar facility in Brazil. The new solar project is located alongside the existing…

China Hikes Purchases of Saudi Crude after Major Price Cut

China has accelerated purchases of Saudi crude oil for January to the highest volumes in five months, after the world’s top crude exporter slashed its official selling prices for Asia…

Maharashtra and Andhra Pradesh proposed for first Indian SMRs

Information on India’s small modular reactor (SMR) plans has been given in several written answers from Minister of State Jitendra Singh to both houses of the Indian parliament at the…

FID secured for Sea Lion field offshore Falklands, first oil targeted 2028

(WO) – Navitas Petroleum Development and Production Ltd. (NPDP), a subsidiary of Navitas Petroleum, together with partner Rockhopper Exploration plc, has taken a final investment decision (FID) on the Sea…

Japanese supermarket chain signs up for fusion power

“This marks the first fusion-energy PPA ever signed in Japan, representing a concrete step forward in the real-world adoption of fusion energy and signaling growing demand-side engagement in the emerging…