America
Greenland’s Jameson Land Basin Reveals Massive Oil Potential
80 Mile Plc and its U.S. partners March GL and Pelican have confirmed a substantial oil resource discovery in Greenland’s Jameson Land Basin, following an independent assessment by Sproule ERCE. The report estimates 13.03 billion barrels of gross un-risked...
Companies
Iberdrola Installs HVDC Tech at East Anglia THREE Wind Farm
Iberdrola, through its UK-based subsidiary ScottishPower Renewables, has completed the installation of a high-voltage direct current (HVDC) marine converter station at the East Anglia THREE wind farm, situated approximately 69 kilometers off the Suffolk coast in British waters of...
Companies
Chevron, Helleniq Win Greece Offshore Gas Exploration Blocks
Greece has confirmed that it will award four offshore oil and gas exploration blocks to a consortium led by Chevron, marking a key development in the nation’s ongoing efforts to expand its domestic energy exploration. Following a period of...
Companies
Aviva Investors, Astatine Launch €800M Energy Transition Platform
Aviva Investors, the global asset management arm of Aviva plc, has announced a strategic partnership with Astatine, an Irish specialist in energy infrastructure. Together, they are establishing a new industrial energy transition platform with a target investment of €800...
Companies
EBRD Funds Ignitis Group’s Kelmė Wind Farm in Lithuania
The European Bank for Reconstruction and Development (EBRD) has granted a loan of €79.5 million to Ignitis Group, forming part of a broader €318 million financing arrangement aimed at advancing Lithuania’s clean energy transition. The financing will help Ignitis...
Europe
Netherlands to Extend Borssele and Plans Nuclear Advancement
The Dutch government has announced plans to keep the Borssele nuclear power plant operational beyond 2033 and has submitted an amendment to the Nuclear Energy Act to the House of Representatives. Minister of Climate and Green Growth, Hermans, confirmed...
Europe
UK to Expand Clean Energy Workforce for Energy Sector Growth
The UK government has unveiled plans to expand its clean energy sector, a move that includes creating 400,000 additional roles by 2030, bringing the total workforce in this field to 860,000. The initiative, announced on 19 October, is part...
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