Japanese officials have unveiled a new US$2.7 billion project that will transform the site of the Fukushima disaster into a renewable energy hub. According to Japanese newspaper The Nikkei, 11 solar plants and 10 wind farms will be built on land...

ASX-listed AVZ Minerals has executed a subscription agreement that will see Chinese lithium chemical producer Yibin Tianyi Lithium Industry Co take a 12% stake in the company for AUS$14.1 million. The deal provides a foundation for AVZ and Yibin Tianyi to...

Iranian President Hassan Rouhani has announced that a new oil field in the Southwest of the country has been discovered, which could increase Iran’s proven crude reserves by around a third. "We have found an oil field with 53 billion barrels...

Renewable energy producer Pattern Energy Group has agreed a deal to be taken private by the Canada Pension Plan Investment Board (CPPIB) for US$2.63 billion. Shareholders of Pattern Energy, which owns 28 wind and solar projects in the US, Canada and...

Saudi Aramco has announced a date for its long-awaited initial public offering (IPO) on Saudi Arabia’s domestic exchange, in what could be the world’s largest ever public float. The oil giant and world’s most profitable business will list up to 3%...