US Warns UK Over Mingyang’s Proposed Wind Turbine Factory, Chinese Analyst Says National Security Concerns ‘Guise for Protectionism’ – Reports

(offshoreWIND.biz) The Trump administration has warned the UK government about security risks as Mingyang Smart Energy plans to build a factory in Scotland to manufacture wind turbines for North Sea offshore wind farms, according to a report by the Financial Times, citing a US official. A Chinese analyst has commented on the news, saying the... Continue Reading →

Eni Sells Plenitude Share to Ares for $2.3B

(Reuters) Italian energy group Eni has sold a 20% stake in its retail and renewables business Plenitude to U.S. alternative investment manager Ares Management Corp for about 2 billion euros ($2.3 billion), it said on Monday. The transaction is part of the Italian group's long-term strategy to find partners to jointly develop its businesses and... Continue Reading →

Petrobras Sustainability Report

Petrobras published its Sustainability Report, providing a snapshot of the company's progress in its journey towards the Fair Energy Transition in 2024. The investment of US$16.3 billion in low-carbon projects over the next 5 years, the generation of 315 thousand jobs in the same period and the reduction of 40% in absolute CO2e emissions since... Continue Reading →

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