Latest News
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08 Nov 26
Romania: EBRD supports major wind farm in Romania
The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of up to €31.9 million to Midmar Callatis, a wholly-owned project subsidiary of Rezolv Energy, to finance the construction and operation of Dunarea East, which will be one of Romania’s largest wind farms. This loan forms part of a broader senior financing package of up to €367 million. -
08 Nov 26
Germany: Hydrogen-fuelled power generation: RWE and Kawasaki commence trial operations with 34-MW gas turbine in Lingen
RWE and Kawasaki Heavy Industries (KHI) held a ceremony to mark the commissioning of a hydrogen-compatible gas turbine with a capacity of 34 megawatts at the Emsland gas-fired power station in Lingen. The turbine is the largest of its kind in Europe and will generate electricity from hydrogen for the first time on an industrial scale. -
08 Nov 26
SLB to deploy digital field development planning for Crescent Petroleum
Crescent Petroleum has selected SLB to deploy digital field development planning under a new three-year contract. The agreement marks the first commercial adoption of the FDPlan™ agile field development planning solution in the Middle East and North Africa and builds on Crescent Petroleum’s existing use of the Delfi™ digital platform for reservoir engineering workflows. -
08 Nov 26
Romania: Rezolv Energy secures up to €367 million financing for the Dunarea East wind farm in Romania
Rezolv Energy, an independent renewable energy producer backed by Actis and Mubadala, has signed project financing of up to €367 million for its 292.5MW Dunarea East wind farm in Constan?a County, southeastern Romania. -
08 Nov 26
UAE: ADNOC Gas and Sharjah National Oil Corporation sign strategic collaboration agreement to advance UAE gas network integration
ADNOC Gas has announced the signing of a strategic collaboration agreement with Sharjah National Oil Corporation (SNOC) to explore a range of strategic opportunities aimed at strengthening gas supply security and enhancing the flexibility and resilience of the UAE’s energy infrastructure. -
08 Nov 26
Latvia: Ignitis Group reaches commercial operations date of 173.6 MW Tume solar farm in Latvia
Ignitis Group has announced that the Tume solar farm, controlled by the Group's subsidiary Ignitis Renewables has achieved the commercial operations date (COD). Since the COD of Tume solar farm, the Group’s installed Green Capacities have increased to 2.3 GW (from 2.1 GW). -
08 Nov 26
UK: Eastern Green Link 2 marks two years of construction
Eastern Green Link 2 (EGL2), the UK’s biggest ever electricity transmission project, is celebrating two years of construction, with major progress being made from Peterhead in Aberdeenshire to Wren Hall in Yorkshire. -
08 Nov 26
Philippines: Malampaya Phase 4 delivers First Gas, strengthening PH energy security
The Malampaya Phase 4 (MP4) project has achieved its First Gas milestone, successfully bringing natural gas from the Malampaya East-1 and Camago-3 wells into the existing Malampaya production system. The achievement marks a significant milestone for the Malampaya consortium and reinforces the project’s role in sustaining the Philippines’ indigenous natural gas supply. -
08 Nov 26
Ørsted delivers strong earnings with 19% EBITDA growth
Ørsted’s Board of Directors have approved the interim financial report for the first nine months of 2026. Ørsted delivered strong financial results, made significant progress on construction projects across three continents, and remains on track to deliver on the 2026 financial guidance -
08 Nov 26
APA Corporation announces third-quarter 2026 financial and operational results
APA’s preliminary budget for 2027 upstream capital investment is $2.5 billion. Exploration and GranMorgu development represent approximately 60% of the $400 million year-over-year increase, with the balance reflecting increased Permian activity and expected service cost inflation. This investment program is expected to result in similar U.S. and Egypt production year-over-year.
