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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 nationโ€™s ongoing efforts to expand its domestic energy exploration. Following a period of...

Canada Government Announces CAD 3B Funding for SMR Projects

Two Canadian government agencies will together invest CAD3 billion (USD2.1 billion) in Ontario Power Generationโ€™s (OPG) Darlington New Nuclear Project, acquiring minority stakes to help reduce financial and operational risks associated with building small modular reactors (SMRs). Canada Growth...

Aviva Investors, Astatine Launch โ‚ฌ800M 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 โ‚ฌ800...

EBRD Funds Ignitis Groupโ€™s Kelmฤ— Wind Farm in Lithuania

The European Bank for Reconstruction and Development (EBRD) has granted a loan of โ‚ฌ79.5 million to Ignitis Group, forming part of a broader โ‚ฌ318 million financing arrangement aimed at advancing Lithuaniaโ€™s clean energy transition. The financing will help Ignitis...

Google DeepMind and CFS Partners on Fusion Energy Research

Google DeepMind has joined forces with Commonwealth Fusion Systems (CFS) in a research partnership aimed at moving fusion energy forward. Fusion, the process that powers the sun, holds the potential for clean, abundant energy without the long-lived radioactive waste....

Amazon and X-Energy Partner to Boost Nuclear Energy Capacity

X-Energy Reactor Company, a leading developer of advanced nuclear reactors and fuel technology, has closed a Series C-1 financing round of about $500 million, led by Amazon.com. The funds will go toward finishing X-energy's reactor design and licensing work...

Equinor Launches Production at Brazilโ€™s Bacalhau Oil Field

Equinor, together with partners ExxonMobil Brasil, Petrogal Brasil, and Prรฉ-sal Petrรณleo SA, has started production at the Bacalhau oil field in Brazil. With recoverable reserves exceeding 1 billion barrels of oil equivalent (boe), Bacalhau is the largest international offshore...

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