New Zealand’s Electricity Generators Eyeing Market Solutions to Boost National Energy Security
WELLINGTON: New Zealand’s four largest electricity generators, Genesis Energy, Mercury, Meridian, and Contact, are considering market options to bolster the nation’s energy security, in response...
Codex Acquisitions to acquire Technologies New Energy S.A. for £28 million
LONDON: Codex Acquisitions plc (LSE: CODX) has signed an agreement to acquire Technologies New Energy S.A. (TNE), a Portuguese renewable energy company, for £28 million....
ReNu Energy to sell hydrogen business
SYDNEY: ReNu Energy Limited (ASX: RNE) announced Thursday it has agreed, subject to shareholder approval, to sell its Countrywide Hydrogen Business, including its Tasmanian green...
SeaBird Exploration and Energy Drilling announce merger to form leading offshore oil and gas services provider
OSLO: SeaBird Exploration Plc, a leading provider of marine seismic acquisition services, announced today that it has signed a letter of intent to merge with...
Diversified Energy to acquire Maverick Natural Resources for $1.275 billion
LONDON: Diversified Energy (LSE: DEC; NYSE: DEC), today announced that it has entered into a definitive agreement to acquire Maverick Natural Resources, a portfolio company...
Esyasoft agrees to acquire Good Energy in £99.4 million deal
LONDON: Esyasoft and Good Energy have reached an agreement on the terms of a recommended cash offer by Esyasoft for the entire issued and to...
Pennpetro Energy appoints Robert Menzel as new CEO
LONDON: Pennpetro Energy (LSE: PPP) announced that Robert Menzel has been appointed as Chief Executive Officer of the company with immediate effect. Robert is the...
EnQuest agrees to acquire Harbour Energy’s business in Vietnam
LONDON: EnQuest has signed a Sale and Purchase Agreement to acquire Harbour Energy’s business in Vietnam, which includes the 53.125% equity interest in the Chim...
Ørsted announces $572 million partnership with Energy Capital Partners
LONDON: Ørsted has announced a $572 million divestment of a 50% equity stake in three U.S. onshore projects to Energy Capital Partners (ECP), a prominent...
Parkmead announces sale of subsidiary to Serica Energy
LONDON: Parkmead, a company focusing on gas, oil, and renewable energy projects, has agreed to sell its subsidiary, Parkmead (E&P) Ltd, to Serica Energy (UK)...
Ofgem announces 1.2% increase in energy price cap for first quarter of 2025
LONDON: The energy regulator Ofgem announced on Friday, November 22, that the energy price cap will increase by 1.2% for the period from January to...
Global Sustainable Energy completes third solar and storage system in Australia
LONDON: VH Global Sustainable Energy Opportunities plc (GSEO) has successfully completed the construction and commissioning of its third solar and storage hybrid system in New...