News & Press Releases
News & Press Releases
Oil Prices End 2022 On High, Although Demand Worries Persist
Despite a sudden increase in US crude supplies, worries about the recession, and worries about demand because of a repeat of COVID-19 infections in the world's top petroleum importer, China, oil prices ended the week higher on December 30,...
Hydroelectric
Germany Transitioning To Hydrogen Due To Its Energy Crisis
As soon as Russia stopped sending gas to Germany in June, a German company called Kelheim Fibers began looking for other ways to keep its engines running.
As a result, starting in the middle of January, the Bavarian company, whose...
News & Press Releases
IEA Says Clean Energy Spending At $1.2T By Nations Globally
According to research by the International Energy Agency, government spending has increased significantly since the pandemic began as a result of the energy crisis, reaching $1.2 trillion globally.
Over $500 billion more has been invested in clean energy spending only...
News & Press Releases
Indonesia Awards Two Oil-Gas Licenses To Boost Production
According to the director general of oil and gas for the energy ministry, Indonesia has given two more oil and gas exploration blocks to local companies in an effort to increase output in order to satisfy rising energy demand.
As...
News & Press Releases
Oil And Gas Sector Has A New Form of Financing Is Thriving
Private U.S. oil and gas producers are looking at a rising market for alternative funding as banks have stopped supporting oil and gas operations and other conventional forms of financing like equity stake or reserve-based lending (RBL) arrangements are...
Hydroelectric
Costa Rica to examine structural integrity of dam at Cachà hydro project
Costa Rica’s state power company Instituto Costarricense de Electricidad (ICE) has launched bidding to analyze the structural integrity of the dam at its Cachà hydro project.
According to BNamericas, the dam is 78 m high and 65 m wide at...
Hydroelectric
LANDBANK to fund development of 15 MW small hydropower plant in Philippines
The Land Bank of the Philippines and Cabanglasan Hydropower Corporation (CHC) have signed a PHP2.6 billion (US$47.2 million) loan agreement to partially finance construction of a 15 MW small hydropower plant in the Province of Bukidnon.
Under the LANDBANK Renewable...
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