Friday , 19 December 2025

Recent Posts

Total shifts to clean energy with SSE stake

Bloomberg French oil company Total SA has bought a 51% stake from utility SSE Plc in the development of a massive wind farm off the coast of Scotland. The 70-million-pound investment ($88 million) in the Seagreen 1 wind farm will be Total’s first significant foray into offshore wind as it seeks to expand its green energy business. SSE could also …

Read More »

Nigeria court ruling stymies state bid to offer oil permits

Bloomberg A Nigerian court suspended the government’s cancellation of eight oil concessions, hampering the state’s ability to include the withdrawn permits in a bidding round opened this week. A judge at the Federal High Court in Lagos granted an injunction, preventing the government from re-awarding the eight permits before a lawsuit challenging the legality of the terminations is resolved. Ten …

Read More »

Siemens JV eyes Tesla-topping battery for Australia’s grid

Bloomberg Three years after Elon Musk took up a challenge to solve Australian power outages by building the world’s biggest battery, a Siemens AG venture wants to install even larger ones to bolster renewable investment in the nation. Fluence, a partnership between Germany’s Siemens and Arlington, Virginia-based AES Corp, is proposing to build two giant lithium-ion batteries at strategic points …

Read More »