Oregon recovers $13 million from Tesla citing inflated solar credits
The state of Oregon has recovered back $13 million from Tesla, which it had paid to the company for solar power projects, after concluding through an investigation that Tesla inflated prices in an att....
Clean Energy & BP ink agreement to boost renewable natural gas supply
Clean Energy Fuels Corp. – a California-based renewable natural gas (RNG) fuel provider for transportation, and BP Plc, a renowned multinational oil and gas company have reportedly announced th....
Murphy Oil confirms new joint venture with Petrobras in Gulf of Mexico
Murphy Oil Corporation, has made and announcement confirming that Murphy Exploration & Production Company – USA, its wholly owned subsidiary, has signed a definitive agreement with Petrobra....
Parkland Fuel to buy 75% stake in O&G marketer SOL Investments
Canada’s fuel and petroleum products marketer, Parkland Fuel Corp. has reportedly acquired 75% stakes in Caribbean independent fuel dealer, SOL Investments Ltd. and its units for $1.57 billion. The ....
Shell makes a comeback in the North Sea with new gas field investment
The British-Dutch oil company Royal Dutch Shell has reportedly announced its plans to invest in the North Sea to construct a gas field 149 miles east of Aberdeen. As per trusted sources, the energy gi....
CPS Energy unveils first solar energy, battery storage project in Texas
San Antonio’s natural gas and electric provider, CPS Energy has recently announced opening of its first solar energy and battery storage project in Texas, a significant step in utilizing innovative ....
Baker Hughes enters $550m deal to buy 5% stake in ADNOC drilling unit
The U.S. headquartered oil industry company Baker Hughes has announced a tie-up with Abu Dhabi National Oil Company (ADNOC) to acquire a 5 percent stake in its drilling unit. The transaction is suppos....
Keppel to construct two more LNG carriers for Stolt-Nielsen Gas
Keppel Offshore & Marine (Keppel O&M) has reportedly announced to have signed contracts with Stolt-Nielsen Gas to construct two more small-scale liquefied natural gas (LNG) carriers. As per tr....
Apollo Global to buy GE’ energy investments for USD 1 billion
The public equity company, Apollo Global Management LLC is reportedly buying energy sector investments from GE Capital for approximately USD 1 billion. Reliable sources claim that GE has not yet discl....