
Denmark acquires majority stake in a £25bn artificial energy island
The government of Denmark has reportedly inked a new deal to acquire a majority stake within a £25 billion artificial “energy island”, planned to be developed 50 miles offshore, in t....

CorEnergy to acquire Crimson for its California Pipeline Assets
As per reliable sources, U.S. based leading real estate investment firm, CorEnergy Infrastructure Trust, Inc, has disclosed its acquisition of crude oil pipeline provider, Crimson Midstream Holdings, ....

UK government to furnish £11 million funding for energy entrepreneurs
The UK government has reportedly announced a funding of £11 million, giving opportunity to talented energy entrepreneurs to turn their ideas into real services and products while focusing on the....

Reports claim Chevron & ExxonMobil had held merger talks back in 2020
Chief executives from two leading American oil enterprises, Chevron and ExxonMobil had reportedly held preliminary talks to explore the merger of two of the largest U.S. oil producers in early 2020. A....

Siemens to build & commission black-start system project in California
Siemens Energy, a renewable energy firm, has recently announced plans to build, design, and commission a black-start system at Marsh Landing Generating Station of Clearway in California. The project h....

Ovo Energy to roll out EV charging tariff at half the usual price
Ovo Energy has reportedly announced the roll-out of an EV charging tariff at half of the customary price. Through this move, the company intends to compete with the usual off-peak rates even when the ....

Renewables exceed fossil fuels in the electricity mix across the EU
For the first time in 2020, renewable sources have surpassed fossil fuels as the chief source of electricity of the European Union. This escalation has been reportedly witnessed in the light of the sh....

UK, Japan sign a £12M deal to automate nuclear decommissioning
The United Kingdom and Japan have reportedly entered into a research and technology deployment agreement for supporting the automation of numerous aspects of fusion energy production and nuclear decom....

StoreDot, Eve Energy launch car batteries with 5 min charging time
Israeli lithium-ion battery company, StoreDot, has reportedly developed electric car batteries that can be completely charged within five minutes. Produced by China-based storage battery manufacturing....