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Offshore Wind Power
SSE Downgraded To ‘Sell’ Amid Concerns Over Offshore Wind And Market Volatility
Citi has downgraded SSE PLC (LSE:SSE) to a 'sell' rating, cautioning investors about potential setbacks in the energy firm’s growth strategy.Despi…
Tidal Energy
Inyanga Marine Energy Kicks Off Crowdfunding For Its Tidal Energy Technology
According to Inyanga Marine Energy, the crowdfunding round, launched in partnership with Crowdcube, offers investors a chance to support HydroWing, a fully inte…
Oil Price
Italy's Eni To Boost Buyback After Quarterly Earnings Beat Expectations
Italian energy group Eni (ENI.MI), will increase its share buyback programme to 2 billion euros ($2.2 billion), it said on Friday, after beating third-quarter p…
Natural Gas
Beach Energy Brings More Natural Gas To The East Coast
Beach Energy has delivered first gas from two development wells to the Otway Gas Plant -- marking completion of the largest ever offshore drilling and developme…
Carbon Storage
‘First-of-its-kind’ Open-access Co2 Storage Concept Gets €225 Million Eu Support
UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the …
Oil & Gas Supply
Cop29 Host Azerbaijan Set For Major Fossil Gas Expansion, Report Says
Azerbaijan’s climate action plan was rated ‘critically insufficient’ by Climate Action Tracker in September.Photograph: Sergei Grits/APAzerbai…
Photovoltaic (PV)
Saudi Arabia’s 3.7 GW Solar Tender Attracts Lowest Bid Of $0.0129/kwh
Saudi Power Procurement Co. (SPPC) announced this week the shortlisted bidders for the final phase of the fifth round of the Saudi Arabian government's Nati…
Hydro Generator Unit
US City Of Beaverton Integrates Hydropower Into Drinking Water System
The City of Beaverton in Oregon, US, has completed renovations at its Sexton Mountain Pump Station, transforming it into a source of clean, renewable energy. Th…
Oil&Gas Drilling
Six-Well North Sea Drilling Campaign With $690 Million Price Tag Coming up Next Year to Unleash More High-Value Barrels
Norwegian oil and gas player Vår Energi has greenlighted a final investment decision (FID) for a multi-well drilling program, which aims to develop the ne…
Energy Storage Project
Graphite One Gets up to $325M Financing Offer From EXIM to Enhance US Graphite Production
Graphite One has announced the receipt of a non-binding letter of interest (LOI) from the Export-Import Bank of the US (EXIM) for potential debt financing of up…
Oil Field
EnQuest, Seascape Secure Stakes in DEWA Complex Cluster, Malaysia
EnQuest and Seascape Energy have been granted participating interests in a small field asset production sharing contract (SFA PSC) for the DEWA Complex Cluster,…
SMR
Viaro Energy, Terrestrial Energy Plan to Develop IMSR Nuclear Project in UK
British energy company Viaro Energy has signed a memorandum of understanding (MoU) with US-based Terrestrial Energy to develop an integral molten salt reactor (…
Oil & Gas Trade
Iraq Signs Gas Supply Agreement With Turkmenistan
Turkmenistan’s gas supply to Iraq would vary seasonally. Credit: TinoFotografie/Shutterstock.Iraq has inked a gas supply agreement with Turkmenistan, securing …
Electricity Transmission
Three Power Grid Projects Get $208M From Dept. Of Energy
U.S. Senator Maria Cantwell Friday announced three new federal grants totaling $208.4 million that will help utility providers in Washington modernize their ele…
Offshore Wind Power
Dominion Energy Plans to Add 3.4 GW of New Offshore Wind
In its 2024 Integrated Resource Plan (IRP) filed with the Virginia State Corporation Commission (SCC) and the North Carolina Utilities Commission (NCUC), Domini…
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