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Oil&Gas Drilling

UK Player Gets Its Hands on One of ‘Largest Remaining Oil Resources’ Offshore Scotland

The UK regulator North Sea Transition Authority (NSTA) has formally awarded a license containing three blocks situated off the coast of Scotland to Parkmead Gro…

Electric Vehicles

Tesla Increases Model S and Model X Prices

Tesla has increased Model S and Model X prices by $2,000 across the board. Interesting move has sales are collapsing.As we recently reported, Tesla Model S/X sa…

Offshore Wind Power

Repsol and EDF Renewables Sign an Agreement for Spain and Portugal for Offshore Wind Power

Repsol and EDF Renovables have reached an exclusivity agreement to join forces for future offshore wind tenders in Spain and Portugal, given that the Iberian Pe…

Rooftop Solar

SSE and Ortus Partner for 130MW Commercial Rooftop Solar Pipeline

SSE Renewables’ first solar project, 31MW Littleton Pastures solar farm, in Worcestershire, entered construction in August 2023. Image: SSE Renewables.As …

Oil & Gas Trade

Exclusive: Exxonmobil Selling Malaysia Oil and Gas Assets to Petronas, Sources Say

A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo…

Oil&Gas Drilling

Türkiye to Explore Oil and Gas off Somalia Coast

Türkiye has signed a deal with Somalia for hydrocarbon exploration in three blocks in the Somalian offshore.On July 18, Energy and Natural Resources Minist…

Uranium Project

Transfer of Exploration Licence for Niger Uranium Deposit

USA-based African Discovery Group (AFDG) has signed a letter of intent to acquire the uranium exploration licence for the Ouricha-3 deposit in Niger from Centra…

Electricity Transmission

Delayed Closure of Eraring Forecast to Cut NSW Power Prices by 40%

New power price forecasts suggest pushing back the closure date of Eraring power station from 2025 to 2027 will cut NSW power prices by 44%, dropping from a pre…

Geothermal Power Plant

Philippines’ DOE Keen on Partnerships for Geothermal Derisking Facility

Tiwi geothermal steam field, Philippines (source: PGPC)The Department of Energy of the Philippines is in the process of negotiating with potential partners for …

Energy Storage Project

Greece Readies for Next Battery Storage Growth Phase

Last year, Greece generated 57% of its electricity demand via renewable energies. This year the country is expected to score an even higher percentage of renewa…

Crude Oil

Oil Prices Rise on Bigger-Than-Expected Drop in Us Crude Stocks

Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Lic…

Wind Farm

Envision Energy, Public Investment Fund (PIF) and Vision Industries Join Forces to Create a New Venture in Renewable Energy

Envision Energy, recognized as the "Green Giant" among the "2024 TIME100 Most Influential Companies", has unveiled a strategic joint venture (JV) with Saudi Ara…

Biofuel

Banle Energy and Yang Ming Perform Port Klang’s First B24 Biofuel Bunkering Services

Banle Energy International, a Hong Kong subsidiary of marine fuel logistic company Banle Energy Group, has completed two B24 biofuel bunkering services for Taiw…

Gas Power Stations

Kazakhstan to Build Four Gas Processing Plants

Photo credit: primeminister.kzAccording to the Minister of Energy of the Republic of Kazakhstan, Almassadam Satkaliyev, four gas processing plants are scheduled…

Solar Power Plant

For the 9th Consecutive Month, Solar Is the Largest Source of New u.s. Generating Capacity and on Track to Be Second Only to Natural Gas Within Three Years

A review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC) reveals that the mix of renewable energy sources (i.e.…