Bill

SAF

Montana Renewables Closes $1.44 Billion DOE Loan Guarantee

Calumet Inc. announced the closing of a $1.44 billion U.S. Department of Energy loan guarantee to fund construction of Montana Renewables’ MaxSAF initiative, w…

Offshore Wind Power

Brazilian President Enacts Offshore Wind Law, Vetoes Fossil Energy-Related Additions

Brazil’s President Luiz Inácio Lula da Silva has signed into law the bill recently passed by the Brazilian Senate that establishes regulations on a…

Nuclear Equipment

Fission Accomplished: Biden to Name Nuclear Aircraft Carrier After George W. Bush

President Joe Biden announced on Monday that the next two nuclear-powered U.S. Navy aircraft carriers would be named after former presidents George W. Bush and …

Wind Power Project

Brazil President Authorises Offshore Wind Development

Brazilian president Luiz Inacio Lula da Silva has signed a bill authorizing the development of offshore wind farms in the country.The bill, signed into law on F…

Nuclear Power Plant (NPP)

Bill Gates’ Nuclear Company Announces Progress on Development of Its First Reactor

A render of TerraPower's upcoming reactorTerraPower, the Bill Gates’ nuclear innovation company spearheading the development of the groundbreaking Nat…

Crude Oil

Norway Hits New Annual Gas Production Record

Norway's natural gas output set a new record in 2024 with 124 billion standard cubic meters sold, according to the country's upstream regulator.Norway&r…

Crude Oil

Kazakhstan Imposes Fine on Major Oil and Gas Company

One of Kazakhstan's largest oil and gas companies, Mangistaumunaigaz, has been fined 32 billion tenge ($60 million), Trend reports via the General Prosecuto…

LNG

CNPC Unit and Petrofac Among Winners of $2.1B Infrastructure Contracts for ADNOC’s Ruwais LNG

Rendering of the Ruwais LNG concept designThe contracts with a combined value of $2.1 billion encompass works on an LNG pre-conditioning plant (LPP), compressio…

Carbon Emissions

Milestone for Rinehart’s Lithium Play in Auto Heartland

A "pit to battery" lithium and renewable energy project backed by Australian billionaire Gina Rinehart is conquering carbon in the industrial heartland of Europ…

Nuclear Power Plant (NPP)

UK Consortium Advances Fusion-Grade Steel Production

NEURONE project billet leaving the caster and entering the product straightenerThe NEURONE (Neutron Irradiation of Advanced Steels) consortium is a GBP12 millio…

Oil & Gas Trade

Chevron to Complete $53BN Hess Corp Acquisition

Chevron Corp is reportedly well positioned to grow its free cash flow by $6 billion to $8 billion by next year, and lower expenses by a couple billion dollars, …

Electricity Transmission

Edison International Energy Firm Is Being Investigated for Possible Link to One of the LA Wildfires

Edison International, a multi-billion dollar energy company, is being investigated over a possible link to one of the wildfires burning in the Los Angeles area.…

Natural Gas

Norway Reports Record Natural Gas Exports From NCS in 2024

Gas production hit 124 billion standard cubic metres in 2024, surpassing 2022’s total of 122.8 billion.Norway achieved a record level of natural gas expor…

Electricity Transmission

Arizona’s Largest Utility Lands $1.81B Loan for Renewable Generation, Transmission Projects

Arizona Public Service Company (APS), the state’s largest electric utility, has secured a conditional commitment for a loan guarantee of up to $1.81 billi…

United States

Virginia Transformer Considers $6 Billion Sale

Transformers and power transmission lines.Virginia Transformer Corp. is exploring a sale that could value the US transformer manufacturer at more than $6 billio…