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Oil Refinery

Exxon Selling Montana Oil Refinery to Par Pacific in $310 Million Deal

Exxon Mobil Corp on Thursday agreed to sell its Billings, Montana, refinery and related pipeline properties to Par Pacific Holdings Inc for $310 million.

Carbon Emissions

Cities Must Slash Emissions 50% By 2030 for 1.5°C Pathway

Cities must halve their per capita emissions by 2030 to remain on a 1.5°C trajectory, finds a new report that prescribes low-emissions mass transit, better was…

SMR

Hyundai E&C Accelerating Commercialization of SMRs

Hyundai E&C announced on Oct. 19 that it has held a ceremony with its partner Holtec International of the United States to initiate detailed design and commerci…

Coal-Fired Power Plants

A Green Path for Europe’s Largest Coal-Fired Power Plant

Image: sopotniccy © 123RF.com | alexlmx © 123RF.comEurope’s largest coal-fired power plant could replace most of its lignite generation with renewables paire…

Oil Price

US to Release an Extra 15M Barrels of Oil Amid Skyrocketing Prices

US officials have hinted at more releases if prices continue to surge.

Carbon Emissions

IEA: Global CO2 Emissions to Grow, but by a Fraction of 2021’s Increase

IEA said it expects CO2 emissions to increase by nearly 300 million metric tons in 2022, to a total of 33.8 billion metric tons.

Italy

Octopus Energy Announces 1.1 GW Renewable Venture in Italy

Octopus Energy Generation has continued its expansion plans into Europe, deepening its role in Italy’s green power market.

European Renewable PPA Prices up 51% In Third Quarter

Solar PPA prices rose almost twice as much as wind prices, new report suggests.

Wave Energy

A New Four-Year Project Will Test the Viability of Large-Scale Wave Energy in Europe

The WEDUSEA collaboration involves 14 partners from academia and industry.

Electricity Transmission

Superconductivity Tech to Deliver up to 10X More Renewable Capacity

National Grid and VEIR, a US-based early-stage clean technology company, have announced a collaboration to demonstrate VEIR’s use of superconductivity to moder…

Electric Vehicle Battery

Fast-Charging EV Batteries With Nickel Foil

New tech enables standard EV batteries to charge to 70 percent capacity in 11 minutes.

Oil Refinery

Exxon Mobil Says French Refineries Could Take 2-3 Weeks to Fully Restart

Exxon Mobil's 140,000 barrel per day (bpd) fos-Sur-Mer and 240,000 bpd Port Jerome-Gravenchon oil refineries in France could take 2-3 weeks to fully restart aft…

Nord Stream 2

Gazprom Says a Big Section of the Nord Stream Pipelines Need to Be Replaced

Gazprom CEO Alexei Miller said late last week that a big section of the damaged Nord Stream 1 & 2 gas pipelines would need to be replaced.

Gas Turbine

Wärtsilä’s Gas Engines Provide Grid Balancing for 100MW Power Plant in Japan

The new plant will operate with ten Wärtsilä 34SG gas engines, which will replace a 100MW combined cycle gas turbine that was formerly located on the project …

Nuclear Power Plant

Germany Pushes to Extend Lifespan of Three Nuclear Plants -Letter

German Chancellor Olaf Scholz has asked the economy, environment and finance ministries to lay the legal framework to keep the country's three nuclear power pla…