News & Press Releases
Africa
Egypt Confirms New Natural Gas Discovery in Western Desert
Key Takeaways:
Badr-15 discovery boosts Egyptโs Western Desert gas output.
Discovery supports Egyptโs plan to lift national gas production.
2026 drilling push signals stronger exploration ahead.
Egypt has confirmed a fresh natural gas discovery in the Badr-15 zone of the...
News & Press Releases
GEODIS joins the European I3FLOAT consortium to foster innovation in floating offshore wind
I3FLOAT is a European initiative co-funded by the European Union under the Interregional Innovation Investments (I3) โ Strand 1 program. As a technological supplier, GEODIS will provide expertise in transport, logistics, and installation planning throughout the 36-month duration of...
Europe
Spain Unveils โฌ2bn Package to Advance Energy Transition
Spanish Minister for Ecological Transition Sara Aagesen has introduced a โฌ2 billion aid package designed to reinforce Spainโs industrial value chain while accelerating the countryโs broader energy transition ambitions. The initiative draws primarily on the Recovery, Transformation and Resilience...
Europe
Statkraft Inaugurates Germanyโs Largest Solar Hybrid Plant
Statkraft, Europeโs largest renewable energy producer, has inaugurated Germanyโs largest solar battery storage hybrid power plant under the Renewable Energy Sources Act (EEG).
Located in Zerbst, Saxony-Anhalt, the facility represents a major milestone in Statkraftโs role within the countryโs clean...
Companies
Consortium to Build First Solar Hydrogen Park in Belgium
A consortium of four companies has announced plans to build the worldโs first solar hydrogen park in Wallonia, Belgium, marking a milestone in advancing commercial-scale hydrogen technology. The facility, set to begin operations in 2026, will be powered by...
Asia
China Encourages More Private Investment in Energy Projects
China is changing how it handles major energy and infrastructure projects, opening the door to more private investment in energy projects. In some cases, private investors could hold more than a 10% stake. The government says this move is...
News & Press Releases
IEA Says that Global Oil and Gas Demand May Grow Until 2050
The International Energy Agency (IEA) said that global oil and gas demand could continue rising until 2050, signalling a shift from its earlier projections of a rapid move toward cleaner energy and acknowledging that the world is unlikely to...
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