As Saudi Arabia redirects more and more crude oil from the east to the west, where it can be safely exported, oil seems to be the only thing everyone is watching. But not Saudi Arabia itself. In fact, the world’s second-largest oil producer and exporter has big plans in another area: battery storage. Battery storage…
Is FLNC a good stock to buy now? We found a bullish thesis on Fluence Energy, Inc. on Danny’s Substack by Danny Green. In this article we will summarize the bulls’ thesis on FLNC. Shares of Fluence Energy, Inc. were trading at $15.54 in February. FLNC’s Forward P/E was 93.46 according to Yahoo Finance. CoreWeave…
French energy company Engie and its partner Masdar have reached financial close on the 1.5 GW Khazna Solar photovoltaic project in the United Arab Emirates (UAE). Equipped with almost three million solar panels, the project will be the largest photovoltaic (PV) installation carried out by Engie worldwide. It is located between Abu Dhabi and Al…
Petronas has strengthened its position in the Asian liquefied natural gas market after signing a long-term LNG supply agreement with China National Offshore Oil Company (CNOOC), underscoring the continued importance of gas in the region’s energy transition. Under the purchase and sale agreement, Petronas LNG Ltd. will deliver 1.0 million tonnes per annum (MTPA) of…
Major oil and gas companies continue to work towards the decarbonisation targets they have set, leveraging a combination of existing measures and emerging technologies. Carbon capture remains a central pillar of emissions mitigation strategies, while investments in hydrogen, renewable energy and low-carbon fuels are being approached, but with renewed caution amid uncertainty over demand. Energy…
Triodos Bank has unveiled its first integrated climate and nature strategy, announcing a comprehensive approach to accelerate the energy transition, reduce financed emissions and increase investment in nature-based solutions. Triodos Bank’s energy transition strategy, ‘Dare to act. Now’, sets measurable objectives to drive climate and biodiversity action between now and 2030. Triodos Bank’s new four-pillar…
ABO Energy has completed the sale of a 4.4GW wind energy portfolio to Finnish energy company Fortum. The transaction covers 29 wind energy projects across Finland, with a cash and debt-free purchase price of €40 million ($46.3 million). The initial purchase price has already been set and five ABO Energy employees will move to Fortum….
(Reuters) -Benchmark Mineral Intelligence, a UK-based data and pricing research firm for energy transition minerals, has cut at least a fifth of its workforce in recent weeks, three people familiar with the company said. The 11-year-old company had expanded rapidly in recent years along with growing market interest in lithium, copper and other minerals needed…
