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Gas
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…
Gas power plant
Entergy Mississippi Breaks Ground on 754-MW Gas-Fired Power Station
Entergy Mississippi on Nov. 7 celebrated the start of construction of a new $1.2 billion, 754-MW natural gas-fired power plant that will serve the utility&rsquo…
Solar project
Pathway to Singapore’s Solar Development
Singapore could import large quantities of low-cost solar power from neighbouring countries using undersea cables, with the indicative cost being competitive wi…
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