Odyssey Energy Solutions raises $5.3 mn led by Equal Ventures
Odyssey Energy Solutions has raised $5.34 million in new funding led by Equal Ventures. Participating investors included Twelve Below, Abstract Ventures, Founder Collective, and MCJ Collective.
Investment...
EIA expects high prices for natural gas this winter
The U.S. Energy Information Administration (EIA) said it expects higher-than-average natural gas prices globally as demand remains high this winter in the United States,...
Shell, Exxon to sell gas venture in Netherlands
Shell and Exxon Mobil have put up the 50-50 NAM joint venture in the Netherlands, one of Europe’s largest and oldest natural gas production ventures, for...
Lithium Australia signs lithium-ion battery recycling deal with LG Energy
Lithium Australia said its battery recycling unit signed a deal with South Korea’s LG Energy Solution to process at least 250 tons of its lithium-ion...
Shell shortlists candidates to succeed CEO Ben van Beurden
Shell has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after nearly a decade at...
Azure Power CEO Harsh Shah resigned, after joining in July
Azure Power Global announced the resignation of Harsh Shah as CEO, who joined the renewable energy company on July 1, 2022, with immediate effect.
Rupesh...
Sinopec to build two more carbon capture and storage plants
China-based Sinopec said it has put into operation the country’s largest carbon capture, utilization and storage (CCUS) facility in east China.
Sinopec also said it...
Reliance to invest $9 bn in oil to chemical business
Reliance Industries (RIL), operator of the world’s biggest refining complex, will invest $9.38 billion over 5 years to expand its oil to chemical business.
“We...
Duke Energy achieves world record for powerful gas power plant
Duke Energy said its Lincoln Combustion Turbine Station, powered by Siemens Energy’s SGT6-9000HL (60Hz) turbine, has been certified with the Guinness World Records title...
LONGi revenue jumps 43% to 50.4 bn yuan in first half
LONGi said its revenue increased 43.64 percent to 50.417 billion yuan in the first half of 2022.
The net profit of LONGi increased 29.79 percent...