Abu Dhabi's EWEC issues RFP for greenfield 400 MW / 800 MWh battery

Image: Shutterstock

Abu Dhabi has issued a Request for Proposals for the development of 400 MW of battery energy storage systems (BESS) in the desert emirate to bidders who passed its earlier qualific...

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ExxonMobil buys carbon capture company Denbury Inc for $4.9 bn

Image for Representation Purpose. Image: Wikimedia

Oil giant ExxonMobil has agreed to buy carbon capture company Denbury Inc for $4.9 billion in a bid to accelerate its energy transition business, the company said in a release. "Ac...

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Petronas, TotalEnergies sign deals on carbon storage in Malaysia, solar power in Australia

Power from the Australian solar project will be sent to gas company Gladstone LNG. Image courtesy: Petronas

French energy giant TotalEnergies and Malaysian petroleum powerhouse Petronas have signed two independent deals at the Energy Asia event in Kuala Lumpur, strengthening ties between...

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JPMorgan Chase announces $200 million in CDR deals

JPMorgan Chase on Tuesday announced it will spend $200 million to help scale the growth and development of carbon dioxide removal (CDR) technologies. The US banking behemoth aims t...

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