All articles by Pradeep Bairaboina
Pradeep Bairaboina
Northland Power achieves first power on Hai Long Offshore Wind Project
Once operational, Hai Long will be among the largest offshore wind farms in the Asia-Pacific region, providing clean electricity to over one million Taiwanese homes.
HyProMag USA receives “Make More in America” domestic finance letter of interest for up to $92m from US EXIM Bank
In terms of the letter, EXIM may be able to consider potential financing of up to $92 million of the project’s costs with a repayment tenor of 10 years.
Cenovus Energy restores full production at Christina Lake
Production operations restarted on June 3 and production was ramped up over the course of the week.
EOG Resources to acquire Encino Acquisition Partners for $5.6bn
The deal is expected to enhance EOG’s presence in the Utica shale play, increasing its net core acreage by 675,000 acres to 1.1 million acres
Three gas distribution operators to pay £8 million for missing callout targets
Ofgem’s rules require gas distribution network operators to attend reports of suspected gas leaks within one or two hours, depending on the circumstances of the incident, in 97% of cases
TotalEnergies and RGE reach new milestone in large-scale solar and battery storage project
The partners had previously signed a Co-Investment Agreement to develop, build and operate a hybrid renewable power plant comprising a solar farm, Battery Energy Storage System (BESS), and a subsea cable in Riau Province, Indonesia
Blackwater Mine, Canada’s newest gold and silver mine officially open
Construction was completed and first gold pour occurred in January of this year, and earlier this month
ADNOC signs investment agreements worth $60bn with US companies
The agreements have the potential to attract $60bn in US investments into UAE energy initiatives over the duration of the projects
EOG Resources awarded onshore concession to explore and appraise unconventional shale block in the UAE
The UCO3 concession area is 3,609km2, or nearly 900,000 acres, in an over-pressured, oil prone basin within the Al Dhafra region of Abu Dhabi
Masdar raises $1bn through green bond issuance, reinforcing leadership position in sustainable finance
Proceeds from third green bond issuance will be invested exclusively in greenfield renewable energy projects under Masdar’s Green Finance Framework