Siemens Energy replaces federal guarantee with a new bank facility

Press Release – June 5, 2025 – Siemens Energy has completed the planned replacement of the €11 billion facility backed by the German federal government. A new €9 billion facility, together with existing guarantee lines, will continue to support and underpin the company’s large-scale project business. The €1 billion facility previously backed by Siemens AG has also been replaced under the new agreement. Maria Ferraro, … Continue reading Siemens Energy replaces federal guarantee with a new bank facility

Impact Newswire16/06/202516/06/2025Leave a comment

Middle East

GULFNAV and “Brooge” sign AED 3.2 billion Acquisition Agreement

Dubai, UAE, 28 May 2025: Gulf Navigation Holding PJSC (“GULFNAV”), a leading maritime and shipping company listed on the Dubai Financial Market, and Brooge Energy Limited (“Brooge”), a Leading crude oil, fuel oil and refined fuel products storage company Listed on NASDAQ, held a signing ceremony at Brooge’s headquarters in Dubai to formalize the Sale and Purchase Agreement (SPA) in accordance with the acquisition structure … Continue reading GULFNAV and “Brooge” sign AED 3.2 billion Acquisition Agreement

Impact Newswire10/06/202510/06/2025

Asia

Signing of a Memorandum of Cooperation between the Government of Japan and the Government of the United Republic of Tanzania on the Joint Crediting Mechanism

On May 28, in Tokyo, a Memorandum of Cooperation on the Establishment of a Joint Credit Mechanism (JCM: Joint Crediting Mechanism) was signed between Mr. ASAO Keiichiro, Minister of the Environment of Japan (co-signed by Mr. MIKAMI Yoichi , Ambassador Extraordinary and Plenipotentiary of Japan to the United Republic of Tanzania), and H.E. Mr. Hamad Yusuf MASAUNI, Minister of State, Vice President’s Office (Union and … Continue reading Signing of a Memorandum of Cooperation between the Government of Japan and the Government of the United Republic of Tanzania on the Joint Crediting Mechanism

Impact Newswire28/05/202528/05/2025

United States

chevron starts oil production from ballymore project in gulf of america

News Release – Houston, Texas, April 21, 2025 — Chevron Corporation (NYSE: CVX) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the company’s goal to produce 300,000 net barrels per day of oil … Continue reading chevron starts oil production from ballymore project in gulf of america

Impact Newswire28/04/202528/04/2025

Asia, Middle East

Aramco and BYD collaborate on new energy vehicle technologies

Signing of Joint Development Agreement aims to drive innovation News Release – DHAHRAN, Saudi Arabia, April 21, 2025 – Aramco, one of the world’s leading integrated energy and chemicals companies, and BYD, a leading manufacturer of new energy vehicles and power batteries, have agreed to explore closer collaboration in new energy vehicle technologies. A Joint Development Agreement signed by Saudi Aramco Technologies Company (SATC), Aramco’s wholly-owned … Continue reading Aramco and BYD collaborate on new energy vehicle technologies

Impact Newswire23/04/202523/04/2025

Untied Kingdom

Tullow agrees heads of terms for sale of Kenyan assets for $120 million

$80 million near-term cash receipts Option to back-in for 30% of potential future development phases at no cost Transaction with Gulf Energy, a leading Kenyan energy and infrastructure group Press Release – 15 April 2025 – Tullow Oil plc (Tullow) is pleased to announce that its wholly-owned subsidiary, Tullow Overseas Holdings BV, has signed a heads of terms agreement with Gulf Energy Ltd (the “Buyer”) to sell … Continue reading Tullow agrees heads of terms for sale of Kenyan assets for $120 million

Impact Newswire17/04/202517/04/2025

United States

Collide Secures $5M to Scale First GenAI Platform for Energy Sector

Category-defining AI product suite equips oil and gas industry professionals with an energy-specific knowledge base to enable more efficient, data-driven, and user-friendly operations Platform eliminates time spent searching for information, allowing engineers, founders, operators and other professionals to focus on high-impact decisions while decreasing costs and increasing revenue Press Release – HOUSTON – Collide, the GenAI Platform for the energy sector, today announced the closing … Continue reading Collide Secures $5M to Scale First GenAI Platform for Energy Sector

Impact Newswire17/04/202517/04/2025

Europe

Liquefied Natural Gas: TotalEnergies will supply 400,000 Tons ofLNG per year for 15 years in the Dominican Republic

Press Release – Paris, April 15, 2025 – TotalEnergies has signed an agreement (HoA) with Energia Natural Dominicana (ENADOM), the Joint Venture between AES Dominicana and Energas in the Dominican Republic, for the delivery of 400,000 tons of LNG per year. Subject to the finalization of the SPAs, this agreement is set to start in mid-2027, for 15 years, with the price indexed to Henry … Continue reading Liquefied Natural Gas: TotalEnergies will supply 400,000 Tons ofLNG per year for 15 years in the Dominican Republic

Impact Newswire16/04/202516/04/2025

Europe

Eni and UKAEA launch a research and technological development collaboration for innovative solutions in the field of fusion energy

Press Release – Oxford, England and San Donato Milanese (Milan), Italy (Friday, 7th March 2025) –The United Kingdom Atomic Energy Authority (UKAEA), the UK’s national organisation responsible for the research and delivery of sustainable fusion energy, and Eni, have entered into a collaboration agreement to jointly conduct research and development activities in the field of fusion energy. The collaboration primary starts with the construction of the world’s … Continue reading Eni and UKAEA launch a research and technological development collaboration for innovative solutions in the field of fusion energy

Impact Newswire15/04/202515/04/2025