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Oil Price

US EIA Lifts Oil Demand Forecast, Says Prices Will Recover to Above $80/Bbl

Model of natural gas pipeline and U.S. flag, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsGlobal oil demand is set to grow…

Oil&Gas Drilling

Ecuador’s Petroecuador Launches Bidding Process for Offshore Gas Field

A gasoline station of Ecuador's state oil company Petroecuador is pictured, in Quito, Ecuador June 21, 2024. REUTERS/Karen Toro/File Photo Purchase Licensin…

Solar Cell

Tata Power Starts Solar Cells Production at 4.3gw Tirunelveli Plant in India

Tata Power commences 2GW cell production at the 4.3GW solar cell and module manufacturing plant in Tamil Nadu. (Credit: Tata Power Solar Systems Ltd.)Tata Power…

Offshore Wind Power

Suzlon Announces India’s Largest Wind Energy Order of 1,166 MW From NTPC Green Energy Limited

NTPC Green Energy Limited, the Renewables Arm of India’s largest energy conglomerate NTPC Limited, partners with India’s Largest Wind Energy OEM for…

Energy Storage Project

Econergy Group Secures Funding for 102MWH Swangate Storage Project

The Swangate Project (pictured) uses Trina Storage’s Elementa technology. Image: Econergy.Independent power producer (IPP) Econergy Group, through its UK …

Oil&Gas Drilling

CNOOC Limited Announces Another Major Breakthrough in Ultra-Deepwater Natural Gas Exploration

CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that it has drilled a natural gas well in the ultr…

Oil & Gas Trade

Exxon Withdraws From Race to Buy Stake in Namibia Oil Block From Galp, Sources Say

ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File photo Purchase Licensing RightsExxon Mobil (XOM.N), op…

Uranium Project

Governor Lee Announces Orano USA Seeks to Locate Uranium Enrichment Operations in Oak Ridge

Governor Lee announces Orano USA seeks to locate uranium enrichment operations in Oak Ridge. (Credit: WikiImages from Pixabay)Tennessee Gov. Bill Lee announced …

SMR

Newcleo, Saipem Team up for Offshore SMR Applications

Italian multinational oilfield services company Saipem has signed a cooperation agreement with UK-headquartered Newcleo to study offshore applications of Newcle…

Offshore Wind Power

Wind Energy and Solar Photovoltaic (PV) Power Are Assuming a Key Role in Germany’s Energy Supply

Taking a tailwind for wind power: more and more electricity from renewable sources.Germany is increasingly obtaining electricity from renewable energy sources. …

Oil & Gas Trade

Baker Hughes to Sign Gas Agreements With Baghdad

Baker Hughes Company building in Houston, Texas. Photo: Baker HughesBaghdad (IraqiNews.com) – Officials from Baker Hughes, a US-based oil field services c…

Energy Storage System

Balance Power Lands Planning Approval for 49.5MW BESS

The development is expected to be operational by late 2025. Image: Balance Power.Renewable energy developer Balance Power has secured planning approval for an u…

SMR

Project to Study Use of SMRs for Bio-Coal Production

Swedish lead-cooled small modular reactor (SMR) technology developer Blykalla said it is participating in a new project focused on integrating SMRs with thermoc…

Geothermal Power Project

Energeo to Launch Seismic Surveys to Evaluate Geothermal in la Cote, Switzerland

Vibro-truck for seismic campaign (source: Geo2X)Swiss geothermal developer EnergeÔ SA have announced plans to launch 3D seismic campaigns to enhance the u…

Nuclear waste

More Delays for Japanese Reprocessing Plant

The Rokkasho reprocessing plant (Image: JNFL)Japan Nuclear Fuel Limited (JNFL), the operator of Japan’s first commercial nuclear fuel plant, currently und…