Inverness-based Aurora Energy Services expands into Chile with acquisition
Aurora continues it's M&A spree as it picks up a Chilean wind energy services business.
chile
Carbon capture and e-fuels the talk of CERAWeek
The demonstration project will use DAC or CO2 captured from industrial emitters. Santos aims to use its existing infrastructure to “generate, liquefy and export” e-methane to Japan.
MidOcean snaps up Tokyo Gas’ Australian LNG stakes
EIG-backed MidOcean Energy has struck a deal to buy Tokyo Gas’ stakes in four Australian LNG projects, for $2.15 billion in cash.
Wood to engineer Chilean green hydrogen plant for Total Eren
Wood will provide concept engineering for the H2 Magallanes Project, a large-scale green hydrogen facility in southern Chile being developed by Total Eren.
Black & Veatch sees cards stacking up for green hydrogen
A rush of announcements on green hydrogen in the US highlights that the received wisdom, that blue hydrogen has the price advantage, does not tell the entire story.
Latin America emerges as China’s main stomping ground for M&A
In a challenging year for Chinese companies pursuing acquisitions abroad, Latin America emerged as a region where they were able to make some corporate marriages work.
ENAP strikes deal with ConocoPhillips to explore Magallanes region
The Chilean state oil company ENAP has struck a deal with ConocoPhillips to explore and eventually exploit gas deposits in the country's Magallanes region.
Renew news: Chile has so much solar energy it’s giving it away for free
Chile’s solar industry has expanded so quickly that it’s giving electricity away for free.
Rame inks South American power deals
Independent power producer Rame Energy has signed a number of commercial agreements and a contract to sell two existing Chilean projects under development to InterEnergy Holdings.
Rame nets $4.4million from sale of Chilean wind power assets
Power producer and developer Rame Energy has sold its stake in the 15 megawatt Raki and Huajache on-grid wind projects in Chile for $4.4million.
Rame grows strongly on Chilean renewable sector
Rame Energy, the UK-based power producer, reported grew its revenue more than six fold in the first half of 2015 as projects in Chile came on stream.
ENAP to postpone projects in Ecuadorian Amazon
Chile's state oil company ENAP is set to postpone projects in the Ecuadorian Amazon as a result of the oil price decline. According to reports, both the country's central government and local authorities have agreed to the move. Last month, Ecuador signed an $82million production contract with ENAP for the oil block Paraiso-Biguno-Huachito.
Northern Chile becomes top market for renewables
With the sunniest desert on Earth, a windswept coast and limited fossil fuel supplies, northern Chile has become the world’s top market for renewable energy. The government of President Michelle Bachelet has approved 76 solar and wind projects since taking power March 11. Renewable energy developers are pursuing contracts to deliver electricity to mines run by by companies including Anglo American Plc (AAL) and BHP Billiton Ltd (BHP), which consume a third of the country’s power.