Gas

Thermal Plant

Ministry Of Coal Receives Strong Industry Participation In Financial Incentive Scheme For Coal Gasification Projects

The Ministry of Coal (MoC) has received an enthusiastic response to the Financial Incentive Scheme aimed at promoting coal gasification projects, marking a sign…

Oil & Gas Trade

Hilcorp Bags $1b Permian Deal

This move aligns with Exxon’s aggressive shift toward higher-margin shale plays following its recent $60 billion acquisition of Pioneer Natural Resources.…

Oil & Gas Trade

Exxon, Eni Award EPC, FEED Contracts To Revive Mozambique’s LNG Ambitions

While liquefied natural gas (LNG) projects in Mozambique seem to have stalled since TotalEnergies declared force majeure in April 2021 on its $20-billion Mozamb…

Oil & Gas Trade

QatarEnergy to Acquire 23 Percent Stake in Block Offshore Egypt

Chevron Corp. has agreed to sell a 23 percent interest in the North El-Dabaa (H4) Block on the Egyptian side of the Mediterranean Sea to QatarEnergy.This agreem…

Oil&Gas Drilling

North America Loses More Rigs

North America dropped six rigs week on week, according to Baker Hughes’ latest rotary rig count, which was released on November 8.Although the total U.S. …

Oil & Gas Trade

Devon Raises 2024 Projected Production

United States producer Devon Energy Corp. has bumped up its output guidance for 2024 to between 811,000 and 830,000 barrels of oil equivalent a day (boed), supp…

Power Construction

Duke Energy Misses Expectations As Storms Hit Earnings

Power and gas utility Duke Energy Corp. has reported $1.24 billion in adjusted net income for the third quarter, down from $1.49 billion for the same three-mont…

Oil & Gas Technology

ADNOC Announces Launch Of Agentic AI Solution

In a release sent to Rigzone by the ADNOC team recently, ADNOC announced the launch of ENERGYai, which it describes as the world’s first of its kind custo…

Oil Price

Oil Prices Rangebound Amid Weak Demand Outlook

Oil held near November lows, settling near $68 a barrel, as increasingly bearish fundamentals capped the session’s gain.In the physical market, a key supp…

Photovoltaic （PV）

Axian Energy Secures €84mln Financing for Senegal’s Largest Solar Photovoltaic (PV) and Battery Project

Axian Energy, a subsidiary of Madagascar-headquartered Pan-African business group Axian, announced on Tuesday that it has closed €84 million in financing f…

Solar project

Two Wisconsin Solar Projects Financed Through Asset Purchase Agreement

Morey Field, a Wisconsin solar project build by OneEnergy RenewablesThe two sites, Good Oak and Gristmill, will be built by OneEnergy Renewables with handover t…

United States

esVolta Secures $110 Million for 300 MWh Battery Project in California

An energy storage project at Monolith Substation, Tehachapi, CA.The energy storage facility in San Jose will provide resource adequacy support to Pacific Gas & …

Battery

Man Engines Presents Batterypack Solutions for Container Applications, Updates for Gas Engines

MAN Engines, a leading manufacturer of stationary engines for power and heat generation, is presenting its latest developments for electricity storage in the in…

Solar Power Plant

Japanese Gas Supplier Buys Stake in Vietnamese PV Operator

Japanese energy producer Shizuoka Gas has jumped into Vietnam’s renewable energy sector with the acquisition of a 25% stake in My Son-Hoan Loc Viet Solar …

Green Hydrogen

Air Products Pulls Out of Green Hydrogen JV Project in Texas

Image by: Det Norske Veritas (DNV).US industrial gases company Air Products (NYSE:APD) has given up on a USD-4.5-billion (EUR 4.2bn) green hydrogen joint ventur…