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Investment in renewable business

Northvolt raised $2.75 billion in latest round of funding

Northvolt, a Swedish battery developer and manufacturer, has raised $2.75 billion in latest round of investment. The $2.75 billion raised in equity enables Northvolt’s expansion plan leading up to and beyond...
Saudi Aramco

Saudi Aramco invests in renewable energy storage firm Energy Vault

Energy Vault, a developer of renewable energy storage products, announced investment from Saudi Aramco Energy Ventures. Energy Vault will use the funds to accelerate deployment of...
BPCL dealer

BPCL revenue jumps to Rs 301,865 crore in 2021 fiscal

Bharat Petroleum Corporation (BPCL) reported revenue from operations of Rs 301,864.98 crore for the year April-March 2021. For the full year (FY21), BPCL posted its...
Shell Recharge Singapore

Daimler and Shell to drive adoption of hydrogen-based fuel-cell trucks

Daimler Truck AG and Shell New Energies have signed an agreement to jointly drive the adoption of hydrogen-based fuel-cell trucks in Europe. The companies plan...
Shell LNG

Shell Petroleum sells Shell Philippines Exploration for $460 mn

Shell Petroleum has signed an agreement with Malampaya Energy XP, a subsidiary of Udenna Corp, for selling its 100 percent stake in Shell Philippines...
Indian Oil

Indian Oil revenue drops 8.9% in 2021 fiscal year

Indian Oil said its reported revenue from operations dropped 8.9 percent to Rs 5,14,890 crore for the fiscal year April 2020 – March 2021...
Reliance Industries and BP

RIL and BP start second new deepwater gas field in India’s KG D6 block

Reliance Industries (RIL) and BP announced the start of production from the Satellite Cluster gas field in block KG D6 off the east coast...
Saudi Aramco

Aramco signs $12.4 bn deal with EIG for pipeline project

Saudi oil major Aramco has entered into a $12.4 billion deal with a consortium of investors led by EIG Global Energy Partners that would...
BP station

BP to achieve $35 bn net debt target in first quarter

Energy group BP said on Tuesday it expects to have hit its $35 billion net debt target in the first quarter of this year,...

Highview Power appoints Sini Spets as head of People and Strategy

Highview Power, an energy storage solutions company, announced the appointment of Sini Spets as vice president of People and Strategy. She earlier worked with world’s...

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