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Carbon Emissions

Biden Administration Announces $4.3 Billion in Climate Grants

U.S. President Joe Biden looks on at the 115th NAACP National Convention in Las Vegas, Nevada, U.S., July 16, 2024. REUTERS/Tom Brenner/File Photo Purchase Lice…

Oil & Gas Trade

Australia’s Woodside Energy to Buy US LNG Developer Tellurian for $1.2 Billion

A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, Briti…

Energy Storage Project

Tata’s ‘Multi-Billion-Pound’ UK Gigafactory Project Takes ‘Pivotal’ Step Forward

Image: Credit: AgratasSir Robert McAlpine tapped to lead delivery of Tata Group's EV battery cell manufacturing project in Bridgwater, which is slated to op…

Oil & Gas Trade

‘British Gas Owner Set to Report Nearly £1BN in First-Half Profits’

British Gas owner Centrica is projected to report a record annual profit of £1.6 billion, with operating profit for the first six months of the year estim…

Oil & Gas Trade

Australia’s Woodside Energy to Buy US LNG Developer Tellurian for $1.2 Billion

A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, Briti…

Renewable Energy

Biden Admin Inks $12.6 Billion Deal with Blue State for Massive New Green Energy Hub

The U.S. Department of Energy (DOE) signed a $12.6 billion agreement to build a clean, renewable hydrogen hub in California on Wednesday, according to a press r…

Oil&Gas Drilling

Egypt to Invest $1.2bn in Drilling 110 Exploratory Wells

Egypt is planning to drill 110 exploratory wells with a $1.2 billion investment in the fiscal year 2024/2025 to enhance the country’s oil and gas producti…

Solar Power Plant

World’s First Dual-Tower Concentrated Solar Power Plant Boosts Efficiency by 24%

Two 650-foot-tall (200-m) towers have risen in China’s Gansu Province. Combined with an array of 30,000 mirrors arranged in concentric circles, the new fa…

Nuclear Reactor

Korea Eyes Further Nuclear Reactor Deals in Netherlands, Poland

Industry Minister Ahn Duk-geun, center, and KHNP President Whang Joo-ho, far left, provide a briefing on the Czech Republic's nuclear power contract on Thur…

LNG

Samsung Heavy Industries Books French Player for Work on Canada’s $4 Billion FLNG Project

France’s technological containment specialist Gaztransport & Technigaz (GTT) has picked up a new order from South Korea’s Samsung Heavy Industries (…

Hydrogen Project

Germany Grants €4.6 Billion to 23 IPCEI Hydrogen Projects

German federal and state governments have granted €4.6 billion in funding to 23 hydrogen projects that are a part of the infrastructure wave, Hy2Infra, of …

LNG

Honeywell Splashes Out $1.81 Billion on LNG Business to Boost Energy Transition Offering

U.S.-based technology firm Honeywell has agreed to acquire the liquefied natural gas (LNG) process technology and equipment business from compatriot industrial …

Hydrogen Project

Hydrogen Energy Firm Huture to Go Public in $1 Bln Spac Deal

Hydrogen energy firm Huture said on Tuesday it has agreed to go public in the U.S. through a merger with a blank-check firm Aquaron Acquisition Corp (AQU.O), op…

Oil Field

Kuwait Announces ‘Giant’ Oil Discovery

Kuwait Petroleum Corporation (KPC) said on Sunday it had made a "giant" oil discovery in the Al-Nokhatha field east of the Kuwaiti island of Failaka, with oil r…

Electric Vehicles

Biden-Harris Administration Announces Nearly $2 Billion to Support American Auto Workers, Convert Facilities for Electric Vehicles

As part of President Biden's Investing in America agenda, the U.S. Department of Energy (DOE) today (July 11) announced $1.7 billion to support the conversi…