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Oil Price

U.S. Natural Gas Prices Slip From Seven-Week High

Benchmark U.S. natural gas prices fell by 2% early on Friday.Thursday’s weekly gas storage report from the EIA was slightly on the bearish side, as net in…

LNG

Qatarenergy, Korea's HHI Sign $3.9 Billion Deal for 17 LNG Carriers

QatarEnergy said on Wednesday it had signed a 14.2 billion riyal ($3.90 billion) deal with HD Hyundai Heavy Industries (329180.KS) for the South Korean firm to …

Spain

European Commissioninvesteu: Up to €1.7 Billion Financing From the European Investment Bank to Construct New Solar Power Plants in Spain, Italy and Portugal

The European Investment Bank has approved framework financing of up to €1.7 billion for Solaria to support the construction of some 120 photovoltaic power …

Offshore Wind Power

US Needs USD 36 Billion Investment in Offshore Wind Port Development – Report

The US will need around USD 36 billion (around EUR 34 billion) over the next decade to meet the nation’s offshore wind port infrastructure gap, according …

Geothermal Drilling

EDC Earmarks USD 1 Billion for Geothermal Expansion Efforts

Bacon-Manito geothermal power plant, Philippines (source: EDC)Philippine-based geothermal developer Energy Development Corporation (EDC) has announced that the …

Power Construction

ISA Cteep to Invest $3 Bln in Brazil Power Transmission Projects by 2028

Brazilian power company ISA Cteep (TRPL4.SA) is set to invest more than 15 billion reais ($3 billion) in electricity transmission projects in the country by 202…

Hydrogen Fuel Vehicle

California Lawmakers Reach $106 Million Hydrogen Fuel Deal

Though H2 cars and trucks are nearly non-existent on the state’s roads, the funds are looking forward.A new California program will be providing 15% of a …

Hydropower Plant

$7.5 Billion Federal Credit Program Opens to Boost Dam Safety Projects in the US

The US Army Corps of Engineers (USACE) has officially commenced the acceptance of applications for a $7.5 billion credit assistance program known as the Corps W…

Offshore Wind Power

1.1 GW Polish Offshore Wind Farm Reaches Financial Close

The 1.1 GW Baltic Power offshore wind project in Poland, being developed jointly by the Polish energy company Orlen and Canadian Northland Power, has reached fi…

Substation

Tennet Signs Framework Contract Worth $2 Bln for German, Dutch Substations

Dutch grid operator TenneT (IPO-TTH.AS) said on Monday that it had signed a framework agreement worth 1.9 billion euros ($2 billion) for the supply of 110 compe…

Offshore Wind Power

Northland Power Announces Financial Close of the 1.1 GW Baltic Power Offshore Wind Project in Poland Green Financing

Northland Power Inc. (Northland or the Company) (TSX: NPI), today announced that its Baltic Power offshore wind project (Baltic Power or the project) in Poland …

Oil & Gas Trade

Malaysia's Petronas Poised to Clinch $1.6 BN Deal for Stake in India's Am Green

Picture used for illustrative purposes only.Malaysia’s state oil giant Petronas is close to clinching a $1.6 billion deal for a 25 per cent stake in the a…

Nuclear Reactor

Funding Announced for Pallas Research Reactor

Minister of Health, Welfare and Sport Ernst Kuipers has confirmed full funding has been allocated for the EUR1.68 billion (USD1.79 billion) estimated public inv…

Geothermal Drilling

New York State Passes Law to Facilitate Deeper Geothermal Drilling

NYSE, Wall Street, New York (source: flickr/ b00nj, creative commons)New York State Governor Kathy Hochul has signed into legislation S6604 which, along with co…

Wind Farm

Japan's Mitsui, Canada's Northland to Build 1 GW Offshore Wind Farm in Taiwan

Japan's Mitsui & Co (8031.T) said on Friday it had finalised a plan with Canada's Northland Power Inc (NPI.TO) to build a 1 gigawatt (GW) offshore wind …