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Wind Farm

Masdar, CPPIB Among Those Seeking Stake in Iberdrola’s 1.4 Billion-Euro German Wind Farm

Abu Dhabi's Masdar and Canada Pension Plan Investment Board (CPPIB) are weighing binding offers for a 40% stake in Iberdrola's German offshore wind farm in a de…

Natural Gas

Australia’s East Coast May Face Gas Shortfall Next Year, Watchdog Warns

Australia's competition watchdog urged the federal government on Monday to consider curbing gas exports, warning its east coast could face a major shortfall nex…

Oil Price

Oil Prices Slip Ahead of OPEC+ Meeting

Oil prices dropped early on Monday as investors braced for this week's meeting of officials from OPEC and other top producers on supply adjustments.

OPEC

OPEC Secretary General Says Russia’s Membership in OPEC+ Is Vital for Success of Agreement

OPEC's new secretary general said that Russia's membership in OPEC+ is vital for the success of the agreement, Kuwait's Alrai newspaper reported on Sunday.

Paris Climate Agreement

Why Oil Investors Should Keep an Eye on ESG Scores

Legal and regulatory initiatives promulgated as a result of the 2015 Paris Climate Accords, have been the driver of these changes.

Crude Oil

More Oil Discoveries Boost Guyana’s Offshore Boom

Guyana has seen a string of oil discoveries, quickly positioning it as one of the world’s hottest offshore drilling locations.

Plan for ‘Largest’ Solar System for a Desalination Plant Moves Forward

The photovoltaic project developed by TotalEnergies and Veolia will supply a seawater desalination plant in Oman.

Natural Gas

Will Centrica’s Rough Open Its Reservoir for Britain’s “Roughest” Winter?

The reopening is predicted to help the country cement its gas stocks amid fears of shortages

Wind Farm

Total Eren, Partners Begin Construction of 16.7MW Wind Farm in South Korea

The project will start operations in Q1 2024.

Oil Field

Life Extension Granted for North Sea Field

Norway’s offshore safety regulator has granted Aker BP, a Norwegian oil and gas company, consent for a life extension for a field located in the North Sea.

Electric Vehicle Charging

Vattenfall and Netto Germany Cooperate on Charging Infrastructure for Electric Mobility

Vattenfall and the grocery discounter Netto will cooperate in setting up fast charging stations in Germany.

Chevron, Exxon Post Record Quarterly Profits as Commodity Prices Boom

Exxon and Chevron posted record profits during the second quarter of 2022 as high commodity prices boosted operations, and as the oil giants kept spending in ch…

Nuclear waste

UK's Gemini Waste Packages Re-Enter Service

The first active shipment of legacy waste drums from Magnox Harwell in Oxfordshire, England, to Sellafield in Cumbria has been completed using the Nuclear Decom…

China

China, US to Account for 75% of Global Energy Storage Demand

Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031.

Nuclear Reactor

DOE Formalises Test Reactor Decision

The US Department of Energy (DOE) has issued its Record of Decision on the Final Environmental Impact Statement (FEIS) for the sodium-cooled fast neutron reacto…