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Oil Price
Shell's Profits Tumble 56% To $5 Bln as Energy Prices Cool
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …
Electric Vehicle Charging
Porsche Opens First Charging Lounge
Porsche is planning to set up its own fast-charging stations offering a premium charging experience along Europe’s most important routes. As a pilot site,…
Oil&Gas Drilling
Totalenergies Begins Drilling at Tilenga Oil Project in Uganda
TotalEnergies is the operator of the project. Credit: HJBC via Shutterstock.French energy major TotalEnergies has commenced commercial drilling at the Tilenga o…
Hydrogen Fuel Cell
Germany Creates Plan For Using Hydrogen Fuel in Heating and Mobility
The European country has updated its green energy strategy to support decarbonization.The German government has been actively seeking new ways to use hydrogen f…
Wind Farm
Masdar Joins Iberdrola to Co-invest in the Baltic Eagle Wind Farm in Germany
The Baltic Eagle offshore wind farm, which has a capacity of 476 MW, is valued at €1.6 billion according to the terms of the dealIberdrola reaffirms its co…
Energy Storage Project
EDP Renewables Secures Its First Stand-Alone Battery Storage Project in Europe
Acquired from Tupa Energy, the project will provide 2 hours of storage capacity and will contribute with 50 MW of capacity;With this project, the company will s…
Solar project
The EIB Grants a Loan of 575 Million Euros to Repsol for Wind and Solar Energy in Spain
The financing signed today amounts to 400 million euros and is the first tranche of the total approved loan, which will be used to finance wind farms and photov…
LNG
Hudong-Zhonghua Locks in New Order to Build LNG Carrier Duo for COSCO, CNPC
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has signed a contract with COSCO Shipping Energy and PetroChina, part of China National Petroleum Corporation (…
PowerGrid Technology
China Adds Flexibility to Power Grids, Builds Storage Capacity to Avoid Outages
Electrical pylons and power lines are seen in Yanqing district of Beijing, China December 17, 2021. REUTERS/Tingshu Wang/File PhotoBEIJING, July 26 (Reuters) - …
Energy Storage Project
Energy Storage Firm Nhoa Considers Partnership for EV Charging Unit
Energy storage and e-mobility firm Nhoa (NHOA.PA) is considering teaming up with a partner to develop Atlante, its fast-charging network for electric vehicles (…
Net Zero
Global Standards Launched to Boost $2 Bln Voluntary Carbon Market
General view of smoke coming from a chimney of an energy plant in Dublin, Ireland, September 24, 2018. REUTERS/Clodagh Kilcoyne/File PhotoLONDON, July 27 (Reute…
Offshore Wind Power
Verbund AG: Acquisition of Operative Wind Power Plants in Spain With a Capacity of 257 MW and Potential for Hybridisation and Repowering
VERBUND AG hereby announces the acquisition of operative wind power plants in Spain with a total capacity of 257 MW and potential for hybridisation and repoweri…
Hydrogen Fuel Vehicle
TECO 2030 and Partners Win €13.5mln EU Grant for H2-Powered Ferry Project
Norway’s cleantech company TECO 2030 and its partners have been awarded a €13.5 million Horizon Europe grant to build and demonstrate a passenger fer…
Offshore Wind Power
Ørsted Divests Remaining Stake in London Array for Eur 829 Million
Ørsted has signed an agreement with funds managed by Schroders Greencoat to divest its remaining 25 per cent minority interest in the London Array offsho…
Egypt
Egypt to resume LNG exports in fall
Egypt is set to resume liquefied natural gas (LNG) exports in the fall, citing Petroleum and Mineral Resources Minister Tarek El Molla.Egypt is currently using …
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