Bill

Renewable Energy

New York Governor Unveils $200 Million Energy Bill Relief Program

New York Lieutenant Governor Kathy Hochul speaks during a news conference at the New York State Capitol, in Albany, New York, U.S., August 11, 2021. REUTERS/Cin…

LNG

US Regulators Approve Mexico Pacific LNG's Saguaro Connector Pipeline

U.S. energy regulators on Thursday approved a cross-border pipeline that would export about 2.8 billion cubic feet per day of natural gas from Texas to Mexico P…

Carbon Emissions

Germany to Earmark 4 Bln Euros for Industry Decarbonisation Subsidies - Source

The German government will earmark some 4 billion euros ($4.31 billion) for subsidies to support energy-intensive firms switching to green production, a governm…

Natural Gas

Shell to supply Dangote one billion cubic feet of gas

Shell Petroleum Development Company of Nigeria Limited (SPDC) will supply about one billion standard cubic feet of gas to Dangote Fertiliser and Petrochemical P…

Electric Vehicles

It Begins: Ethiopia Set to Become First Country to Ban Internal Combustion Cars

Ethiopia spent nearly $6 billion to import fossil fuels last year — with more than half of that spending going to fuel vehicles. In response, Ethiopia’s Trans…

Oil&Gas Drilling

China-Developed Deepwater Gas Field Reports Record High Gas, Oil Output

China's first independently-developed and built ultra-deepwater gas field Shenhai Yihao, or Deep Sea No.1, has recorded an accumulated natural gas output of…

Oil & Gas Trade

Exxon Beats Estimates, Ends 2023 With a $36 Billion Profit

Exxon Mobil (XOM.N), opens new tab on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas productio…

Oil&Gas Drilling

Welchau-1 Spud Imminent as Adx Hunts Austrian Gas Giant

ADX Energy’s Welchau-1 drill pad in Austria. Credit: File.ADX Energy will start spinning the drill bit in a week at its giant Welchau gas prospect in Aust…

Biofuel

EIA: Total US Biofuels Capacity Expands to 23.77 Billion Gallons per Year in November

Total U.S. biofuel operatable production capacity was up slightly in November, with gains for ethanol, according to data released by the U.S. Energy Information…

Coal Production

US Thermal Coal Exports Hit 5-Year Highs and Top $5 Billion in 2023

Dump trucks haul coal and sediment at the Black Butte coal mine outside Rock Springs, Wyoming, U.S. April 4, 2017. REUTERS/Jim Urquhart Acquire Licensing Rights…

Renewable Energy

Alberta Pension Manager Launches C$1 Billion Energy Transition Fund

Top Canadian pension manager the Alberta Investment Management Corporation (AIMCo) on Thursday announced the creation of a C$1 billion ($745 million) energy tra…

Carbon Emissions

Climate Software Firm Watershed Raises $100 Million in New Funding Round

Climate software company Watershed has raised $100 million in a Series C funding round led by investment firm Greenoaks, valuing the company at $1.8 billion.Seq…

Power Construction

E.ON Posts $10 Billion Core Profit on Grid Business, Buffer Release

A shareholder carries a bag with the logo of E.ON during the company's annual shareholders meeting in Essen, Germany May 10, 2017. REUTERS/Thilo Schmuelgen/…

Nuclear Power Plant (NPP)

Holtec to Get $1.5 Bln Loan to Re-Open Michigan Nuclear Power Plant -Source

Holtec International is set to get a $1.5 billion conditional loan in February from the U.S. Energy Department to help it restart the Palisades nuclear power pl…

Nuclear Power Plant (NPP)

Aging Canadian Nuclear Plant Near Toronto to Get C$2 Bln Refurbishment

General view of the Pickering Nuclear Power Generating Station near Toronto, Ontario, Canada April 17, 2019. Picture taken April 17, 2019. REUTERS/Carlos Osorio…