OSLO, NORWAY: CO2 Capsol and Hitachi Zosen Inova (HZI) – a Swiss Japanese greentech company – have signed a Memorandum of Understanding (MoU) to collaborate on initiatives to implement CO2 Capsol´s Hot Potassium Carbonate carbon capture technology on Waste to Energy (WtE) plants. Plant operators and key players in the WtE industry are increasingly looking…
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Aker Carbon and Hitachi Zosen collaborate on CCUS solutions for European waste to energy industry
OSLO: Aker Carbon Capture and Hitachi Zosen Inova (HZI) have signed a Memorandum of Understanding (MoU) aimed at accelerating carbon capture solutions in the waste to energy industry in Europe. The agreement outlines the two companies’ ambition to combine Aker Carbon Capture’s patented and HSE-friendly CCS technology with HZI’s proven capabilities as a turnkey supplier…
Keppel secures S$600 million contract in the offshore renewable energy industry
SINGAPORE: Keppel Offshore & Marine Ltd (Keppel O&M) has secured a S$600 million contract from an energy company for the engineering, procurement and construction of a vessel for the offshore renewable energy industry. This is in line with Keppel Corporation’s Vision 2030, which includes seeking opportunities in providing renewable energy solutions. Keppel O&M is able…
Galilee Energy appoints Joseph Graham as CEO to drive growth strategy
BRISBANE – Galilee Energy Ltd (ASX: GLL) said on Monday it has appointed Joseph Graham as Chief Executive Officer, a newly created role aimed at strengthening operational and technical execution across its Queensland gas assets and future growth initiatives. Graham, who brings over 25 years of industry experience, previously served as CEO of Kato Energy…
Riverstone Energy to sell Onyx Power to ResInvest Group for $49 million
LONDON: Riverstone Energy Limited (REL) announced the proposed sale of 100% of its interest in Onyx Power to ResInvest Group, a privately owned trading and investment company, supplying key commodities for global markets. Onyx Power is a European-based independent power producer that owns and operates approximately 2,350 MW of gross installed capacity of coal-, gas-,…
Eagle Summit Resources acquires Reflectance Energy; Expands U.S. metallurgical coal portfolio
LEXINGTON: Eagle Summit Resources, LLC (“ESR”) has acquired Reflectance Energy, LLC. The Reflectance coal mining complex will now operate under its new ownership as Eagle Mountain Energy, LLC (“EME”). Reflectance is a portfolio of active metallurgical coal producing mines in Wyoming County, West Virginia consisting of the Coal Mountain complex and adjacent mining operations. The…
MidOcean Energy acquires 20% stake in PETRONAS’ Canadian LNG assets, securing key supply from LNG Canada
LONDON: MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has entered into definitive agreements to acquire a 20% interest in PETRONAS’ key entities in Canada. The transaction includes a 20% interest in the North Montney Upstream Joint Venture (“NMJV”),…
Coro Energy, Threefold Energy forge battery storage partnership in Southeast Asia
LONDON: Coro Energy PLC, a renewable energy developer focused on Southeast Asia, has signed a memorandum of understanding with Threefold Energy Group Ltd to collaborate on advanced battery energy storage systems in commercial and industrial markets. The strategic partnership aims to deploy Threefold Energy’s proprietary Battery Energy Storage System (BESS) hardware and energy management platform…
Hercules acquires Advantage NRG to expand into UK power and energy sector
LONDON: Hercules plc (AIM: HERC), a UK-based provider of technology-driven labor solutions for the infrastructure and construction sectors, has acquired Advantage NRG Ltd in a deal valued at up to £15.7 million. The acquisition signals Hercules’ strategic entry into the power and energy sector amid a nationwide overhaul of electricity networks. The initial purchase price…
D3 Energy expands helium exploration, hydrogen portfolio with South Australian acquisition
SYDNEY: Australian helium exploration company D3 Energy Ltd. (ASX: D3E) has acquired two exploration permits in South Australia’s Arckaringa Basin, broadening its footprint in the growing helium and hydrogen sector. The acquisition, completed through the purchase of Unleash Energy Pty Ltd., includes exploration permits PEL 121 and PEL 122. The Arckaringa Basin has become an…
Quadrise, Alder Energy sign deal to develop low-emission marine fuel
LONDON: Quadrise Fuels International (AIM: QED) has signed a joint development agreement with Alder Energy LLC, a U.S.-based biomass technology firm, to explore the use of Alder’s pyrolysis-derived products in biofuels for shipping and heavy industry. Alder Energy, known as Alder Renewables, specializes in upgrading pyrolysis oil into stable Alder Renewable Crude and associated products…
Vulcan Energy receives building permits for phase one renewable power plant in Germany
SYDNEY: Vulcan Energy (ASX: VUL, FSE: VUL) announced it has secured building permits for a 30-megawatt geothermal renewable energy plant and electrical substation as part of its Phase One Lionheart Project in Landau, Germany. The project aims to integrate lithium production with renewable energy generation for Europe’s battery electric vehicle industry. The geothermal plant will…