Quick Hits

Equinor[EQNR:NO], a Norwegian multinational energy company specializing in oil and gas exploration and production, and British oil and gas giant BP[BP:LN] have submitted a joint proposal to expand their Beacon Wind project, which would provide additional offshore wind energy to the state of New York,...

Eni [ENI:IM], an Italian energy company, and Libya's National Oil Corporation (NOC) signed a USD8bn agreement for gas production to supply more energy to Europe despite the ongoing political chaos and insecurity in Libya, as reported by Reuters on January 28. Eni stated in a...

Singapore’s Energy Market Authority (EMA) is planning to issue green, sustainable, and transition bonds, as reported by Strait Times on January 15. The issuance is part of EMA’s SGD3bn (USD2.27bn) Multicurrency Medium Term Note (MTN) Program to finance sustainable infrastructure development projects. This would be...

US Telecom giant Verizon [VZ:US] announced a series of new long-term renewable energy purchase agreements (REPAs), adding 410 megawatts (MW) of renewable energy from new facilities across the US, as reported by ESG Today on January 16. The new agreements bring Verizon's projected renewable energy...

Honda[7267:JP] and LG Energy Solution announced the formal establishment of a joint venture (JV) to mass produce lithium-ion batteries for electric vehicles (EV) produced by Honda, as reported by ESG Today on January 16. The new JV, named L-H Battery Company, will construct a USD3.5bn...

SK On, a subsidiary of South Korean energy group SK Innovation [096770:KS], plans to produce a new lithium-iron-phosphate (LFP) electric vehicle (EV) battery by 2025, with the aim of delivering lower-cost batteries to automakers struggling with rising EV costs, as reported by Reuters on January...

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