Connection

popular articles

Samsung E&A acquires 9.1% of Nel ASA and signs a strategic agreement
Orkla sells its hydropower portfolio for NOK 6.1 billion
Sinopec unveils global energy forecast to 2060 at event in Saudi Arabia
TotalEnergies strengthens its global portfolio with three renewable acquisitions
EDF challenges Czech decision on nuclear contract awarded to KHNP

Bahrain aims to expand its Energy Activities

  • [favorite_button]

Please share:

Bahrain, through its Oil & Gas Holding Company (Nogaholding), aims to expand its energy activities beyond oil and gas.

Bahrain turns to energy transition

This turnaround in Nogaholding’s activities will enable Bahrain to examine the impact of climate change and diversify its energy mix,” declared Bin Daina, Bahrain’s special envoy for climate and CEO of the Bahrain Supreme Council for the Environment, on the sidelines of the ADIPEC forum.
For the time being, however, the special envoy refused to assert any development strategy for the Gulf’s most indebted country.
For their part, some regional neighbors have already decided to sell oil and gas assets and list companies on the stock exchange in order to receive investment for their transition.
At this stage, Nogaholding’s Managing Director simply states that the company is examining “all options”.
In addition, Nogaholding has raised funds on the debt capital markets on several occasions in recent years.
This fundraising is in addition to a $600 million issue of “sukuk” (Islamic bonds) in April 2021.
Bin Daina said the company could issue debt again, if necessary.

Register free of charge for uninterrupted access.

Publicite

Latest news

Energy Estate acquires strategic energy complex in California to produce hydrogen
Gaia carbon capture project secures key pre-qualification in Denmark
Boralex secures two 450 MW solar contracts in New York State
Europe commits €800bn to defence, destabilising strategic metals supply balance
Ivory Coast approves $60mn solar power plant in Katiola

Recently published in

China surpasses 26% wind and solar electricity share in April, setting new record

In April, China generated 26% of its electricity from wind and solar, according to Ember, marking a historic first that reflects a rapid rebalancing of its energy mix.
Belgium legalises extension of two nuclear reactors until 2045
Belgium’s federal parliament has adopted a law authorising the extension of Doel-4 and Tihange-3 reactors and allowing new nuclear construction, ending the nuclear phase-out policy established in 2003.
en_1140290956540-11
Belgium legalises extension of two nuclear reactors until 2045
Belgium’s federal parliament has adopted a law authorising the extension of Doel-4 and Tihange-3 reactors and allowing new nuclear construction, ending the nuclear phase-out policy established in 2003.
en_1140290956540-11
SSE invests £2.9bn in infrastructure and reports stable profit for 2024/25
UK-based SSE recorded an adjusted operating profit of £2.42bn for fiscal year 2024/25, supported by record investments in networks and renewable energy.
en_1140290944540-11
SSE invests £2.9bn in infrastructure and reports stable profit for 2024/25
UK-based SSE recorded an adjusted operating profit of £2.42bn for fiscal year 2024/25, supported by record investments in networks and renewable energy.
en_1140290944540-11
Iberdrola acquires Electra del Maestrazgo’s electricity network to strengthen investments
Iberdrola has signed an agreement to acquire the distribution, supply and energy generation activities of Electra del Maestrazgo, a family-owned company operating in Castellón and Teruel, for an undisclosed amount.
en_1140290950540-10
Iberdrola acquires Electra del Maestrazgo’s electricity network to strengthen investments
Iberdrola has signed an agreement to acquire the distribution, supply and energy generation activities of Electra del Maestrazgo, a family-owned company operating in Castellón and Teruel, for an undisclosed amount.
en_1140290950540-10

Australia commits AUD 22.7bn to support its energy policy through 2030

The re-elected Australian government is investing heavily in storage, critical minerals and domestic production to meet its target of 82% renewable electricity by 2030.
US budget proposal threatens tax incentives for renewable energy projects
The US House budget bill outlines a gradual phaseout of tax credits, affecting financing for solar, wind, storage, and clean hydrogen initiatives.
en_1140290975540-2
US budget proposal threatens tax incentives for renewable energy projects
The US House budget bill outlines a gradual phaseout of tax credits, affecting financing for solar, wind, storage, and clean hydrogen initiatives.
en_1140290975540-2
China slows fossil fuel output in April despite higher year-on-year volumes
China's gas, oil and coal volumes remain above last year’s levels, despite a decline in April compared to the record highs of March.
en_1140290979540-3
China slows fossil fuel output in April despite higher year-on-year volumes
China's gas, oil and coal volumes remain above last year’s levels, despite a decline in April compared to the record highs of March.
en_1140290979540-3
Regulator Ofgem forecasts 7% drop in energy bills from July
The UK’s energy price cap is expected to fall to £1,720 ($2,187) in July, according to Cornwall Insight, due to recent movements in wholesale markets.
en_1140290978540-3
Regulator Ofgem forecasts 7% drop in energy bills from July
The UK’s energy price cap is expected to fall to £1,720 ($2,187) in July, according to Cornwall Insight, due to recent movements in wholesale markets.
en_1140290978540-3

John Bryson, former CEO of Edison International, dies at 81 after a landmark career

John Bryson, a key figure in the American energy sector, has died at the age of 81. The former CEO of Edison International played a decisive role during California’s electricity crisis.
European Union cuts Russian gas imports by 98 bcm since 2021
The European Commission releases data on the REPowerEU plan, confirming a sharp drop in Russian fossil fuel purchases and announcing new legislative measures by June.
en_1140291001540
European Union cuts Russian gas imports by 98 bcm since 2021
The European Commission releases data on the REPowerEU plan, confirming a sharp drop in Russian fossil fuel purchases and announcing new legislative measures by June.
en_1140291001540
New York approves $5 billion plan for electrification and energy efficiency
New York state regulators have approved a $5 billion budget for energy efficiency and electrification programmes, set to launch on January 1, 2026.
en_1140291010540
New York approves $5 billion plan for electrification and energy efficiency
New York state regulators have approved a $5 billion budget for energy efficiency and electrification programmes, set to launch on January 1, 2026.
en_1140291010540
India signs $500,000 agreement to support clean energy startups
A partnership between the Indian government and GEAPP provides financial and operational support to early-stage climate-tech firms as part of a national energy strategy.
en_1140291012540
India signs $500,000 agreement to support clean energy startups
A partnership between the Indian government and GEAPP provides financial and operational support to early-stage climate-tech firms as part of a national energy strategy.
en_1140291012540

Uzbekistan accelerates energy modernisation with $100mn World Bank loan

A $150mn financing package, including $100mn from the World Bank, will support the modernisation of Uzbekistan’s power grid and integration of renewable energy in key regions.
Aircela launches a machine that produces gasoline from air and electricity
Aircela has introduced a unit capable of producing gasoline directly from air, water, and renewable electricity, without using fossil resources.
en_1140290946540-9
Aircela launches a machine that produces gasoline from air and electricity
Aircela has introduced a unit capable of producing gasoline directly from air, water, and renewable electricity, without using fossil resources.
en_1140290946540-9
Sustainability Partners takes control of Ecofin’s renewable assets in the United States
Sustainability Partners will now manage the operational oversight of Ecofin’s U.S. portfolio, comprising solar and wind projects under contract with investment-grade electricity providers.
en_1140290943540-9
Sustainability Partners takes control of Ecofin’s renewable assets in the United States
Sustainability Partners will now manage the operational oversight of Ecofin’s U.S. portfolio, comprising solar and wind projects under contract with investment-grade electricity providers.
en_1140290943540-9
Canada aims to mobilise $1.1tn through major energy projects by 2035
A report from the Public Policy Forum calls for accelerating over 500 energy, critical minerals and infrastructure projects to generate CAD1 100bn in Canadian GDP growth.
en_1140290950540-9
Canada aims to mobilise $1.1tn through major energy projects by 2035
A report from the Public Policy Forum calls for accelerating over 500 energy, critical minerals and infrastructure projects to generate CAD1 100bn in Canadian GDP growth.
en_1140290950540-9

Strathcona sells Montney assets for $2.84bn and acquires rail terminal

Strathcona Resources reshapes its portfolio with the $2.84bn sale of Montney gas assets and a $45mn acquisition of the Hardisty Rail Terminal to refocus on heavy oil operations.
Quebec modernises gas regulations and integrates industrial hydrogen
Quebec opens public consultation on draft regulations to revise gas standards and frame the integration of hydrogen, with feedback expected by 27 June.
en_1140290952540-9
Quebec modernises gas regulations and integrates industrial hydrogen
Quebec opens public consultation on draft regulations to revise gas standards and frame the integration of hydrogen, with feedback expected by 27 June.
en_1140290952540-9
Eni sells 20% of Plenitude to Ares in $13bn valuation deal
Italian group Eni enters exclusive talks with Ares to sell a minority stake in Plenitude as part of a targeted funding strategy for its low-carbon subsidiaries.
en_1140290958540-9
Eni sells 20% of Plenitude to Ares in $13bn valuation deal
Italian group Eni enters exclusive talks with Ares to sell a minority stake in Plenitude as part of a targeted funding strategy for its low-carbon subsidiaries.
en_1140290958540-9
SBM Offshore reports 27% revenue growth in the first quarter of 2025
SBM Offshore posted quarterly revenue of $1,103mn, driven by the Turnkey segment, while maintaining full-year targets and advancing the deployment of its floating units scheduled for 2025.
en_1140290961540-6
SBM Offshore reports 27% revenue growth in the first quarter of 2025
SBM Offshore posted quarterly revenue of $1,103mn, driven by the Turnkey segment, while maintaining full-year targets and advancing the deployment of its floating units scheduled for 2025.
en_1140290961540-6

CGN Brasil to invest $578mn in multi-energy hub in Piauí

CGN Brasil and the government of Piauí have signed an agreement to develop a 1.4 GW energy complex combining solar, wind and storage, with a planned investment of $578mn.
Denmark considers lifting 40-year nuclear ban
The Danish government is assessing the possibility of authorising new nuclear technologies, marking a major regulatory shift in energy policy after four decades of prohibition.
en_1140290949540-8
Denmark considers lifting 40-year nuclear ban
The Danish government is assessing the possibility of authorising new nuclear technologies, marking a major regulatory shift in energy policy after four decades of prohibition.
en_1140290949540-8
No cyberattack detected after massive power outage in Spain
The Spanish government confirmed no signs of cyberattack were identified after the 28 April blackout that affected much of the Iberian Peninsula.
en_1140290954540-7
No cyberattack detected after massive power outage in Spain
The Spanish government confirmed no signs of cyberattack were identified after the 28 April blackout that affected much of the Iberian Peninsula.
en_1140290954540-7
South Africa calls for a balanced and affordable energy transition
South African authorities are advocating for an approach that integrates economic development and environmental protection, highlighting global imbalances in climate responsibility.
en_1140290954540-6
South Africa calls for a balanced and affordable energy transition
South African authorities are advocating for an approach that integrates economic development and environmental protection, highlighting global imbalances in climate responsibility.
en_1140290954540-6

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS