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Oil Price

Oil Major BP Posts 70% Drop In Second-Quarter Profit, Raises Dividend by 10%

Oil major BP on Tuesday reported a nearly 70% year-on-year drop in second-quarter profits on the back of weaker fossil fuel prices, echoing a trend observed acr…

Rooftop Solar

Lightweight Solar Panel Provides Solution for Rooftop Installations

Brisbane-headquartered UV Solar has installed a 9.135 kW solar power system atop a local church in the outer suburbs of the Australian city. The installation fe…

Hydropower Plant

Maine Hydropower Corridor Will Resume Construction Despite Big Jump in Cost, CEO Says

Construction in Maine will resume next week on an electricity transmission project bringing Canadian hydropower to the New England power grid despite a half-bil…

Solar Cell

Target Therapy for Buried Interface Improves Efficiency of Perovskite Solar Cells

Perovskite solar cells (PSCs) are promising in the photovoltaic market due to their advantages of high performance, low cost and easy fabrication of large-scale…

Oil&Gas Drilling

UK to Grant New North Sea Oil and Gas Licences

© Reuters. FILE PHOTO: Vessels that are used for towing oil rigs in the North Sea are moored up at William Wright docks in Hull, Britain November 2, 2017. …

Electric Vehicles

Governments of Canada and British Columbia Jointly Investing $395.5m in Electrification of Public Transit in BC

The governments of Canada and British Columbia will jointly invest more than $395.5 million to support public transit in British Columbia. Through this investme…

Oil & Gas Trade

Sunak Backs New UK Oil and Gas Exploration

LONDON, July 29, 2023 (BSS/AFP) - Prime Minister Rishi Sunak has backed plans to permit new fossil fuel exploration off Britain's coast, as he pledged to be…

Solar project

Deal Signed to Build 1GW Hybrid Solar Projects in Malaysia

Image: 123rfAsian renewables developer HEXA Renewables has signed an agreement to develop up to 1GW of hybrid solar photovoltaic projects in the southern tip of…

Electric Vehicles

Basigo Partners With AC Mobility (Tap&Go) To Bring Electric Buses to Rwanda!

Nairobi-based electric bus pioneer BasiGo has made a second entry into the African market with the launch of BasiGo Rwanda Ltd., a new entity focused on electri…

Substation

The global substation automation market is expected to be valued at US$ 55.69 Billion by 2032 | Future Market Insights Inc.

The global substation automation market is expected to be valued at US$ 29.12 Billion in 2022. With the increasing demand for electric and hybrid vehicles, coup…

Nuclear Fusion

British-Japanese Partnership for Fusion Development

UK-based nuclear fusion company Tokamak Energy and Japan's Sumitomo Corporation have agreed to collaborate on the development, implementation and scaling-up…

Nuclear Fuel

Westinghouse to Expand Fuel Offerings From UK Facility

Westinghouse has been awarded three grants totalling GBP10.5 million (USD13.6 million) from the UK government's Nuclear Fuel Fund to upgrade and expand the …

Wind Farm

US Moves to Link More Wind and Solar Projects to Electric Grid

Plants grow through an array of solar panels in Fort Lauderdale, Florida, U.S., May 6, 2022. REUTERS/Brian Snyder/File PhotoU.S. regulators on Thursday approved…

Oil Price

Shell's Profits Tumble 56% To $5 Bln as Energy Prices Cool

The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …

Nuclear Reactor

BWXT to Begin Work on Cislunar Nuclear Rocket Engine and Fuel

The USA's Defense Advanced Research Projects Agency (DARPA) has finalised an agreement with Lockheed Martin to begin work on the fabrication and design of a…