Danish offshore wind developer Orsted has agreed to sell a 55% stake in its Greater Changhua 2 offshore wind farm in Taiwan to life insurance company Cathay in a deal worth around 5 billion Danish crowns ($788.74 million), it said on Tuesday…
The Trump administration is reviewing whether to send the Interior Department's Biden-era approval of a Virginia offshore wind project back to the agency for reconsideration, according to a court document filed on Wednesday.The agency is conducting…
Orbital Marine Power Ltd, operator of the world’s most powerful tidal turbine, has secured a multi-million dollar investment to advance its international commercial projects and contribute to the wider decarbonization of energy.PXN Ventures…
Ireland has awarded rights to develop a 900 megawatt (MW) offshore wind farm to a joint venture between Denmark's Orsted and Irish utility ESB, Orsted said on Wednesday.The Tonn Nua project was awarded with a 20-year contract-for-difference (CfD) secured at a strike price of 98…
Denmark said on Thursday it had launched tenders to build three offshore wind power plants with a capacity of at least 2.8 gigawatt (GW) in which it will offer subsidies to developers of up to 55.2 billion Danish crowns ($8.51 billion).Denmark…
COWI’s supervision and advisory role in the Vaðölduver project marks the first integration of wind energy into Iceland’s electricity generation portfolio. The 120 MWwind farm, led by Landsvirkjun, is the country’s first commercial-scale wind development…
Chevron is studying options to buy global assets of sanctioned Russian oil firm Lukoil, five sources familiar with the process told Reuters on Monday.The U.S. Treasury gave clearance last week to potential buyers to talk to Lukoil about foreign assets…
As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago.The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters…
Fisheries and Oceans Canada (DFO) has issued a Fisheries Act Authorization to Eauclaire Tidal Ltd. to deploy up to three Orbital Marine Power Ltd (Orbital) O2-X tidal energy devices at the Fundy Ocean Research Centre for Energy (FORCE). This marks the first project to proceed under Canada’s revised…
Eneos Holdings, Japan's top oil refiner which has been expanding into renewable energy, on Wednesday warned of the surging cost of developing its offshore wind project, with its CEO saying returns were difficult to achieve.Eneos unit, Japan Renewable Energy…
Record-breaking 239,709 attendees from 172 countries gathered at ADIPEC 2025, reaffirming UAE’s convening power and its role as a global hub for energy, partnerships and innovation. ADIPEC 2025 generated an estimated US$400 million in economic benefits for Abu Dhabi’s economy…
Global finance leaders discuss the new era of energy investment defined by pragmatism, diversification and strategic capital allocation Industry leaders urge fundamentals-based planning amid global volatility, with stable, sound and clear…
Day two's theme 'The Technology Leap: Redefining Energy Leadership' underscored how strategic AI adoption and digital innovation are reshaping energy leadership, with industry voices calling for coordinated investment to unlock transformation…
ADIPEC 2025 kicks off in Abu Dhabi with a powerful message from Dr. Sultan Al Jaber for a balanced and inclusive approach to meeting energy demand, built on reinforcement, not replacement. Opening addresses and high-level sessions featuring…
Danish offshore wind giant Orsted said on Wednesday that it had no plans to take over the renewables business of Equinor, its second biggest shareholder, which has proposed closer ties between the companies.Norwegian oil, gas and renewables group Equinor…
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