Dec

Decarbonization
ACWA Power Signs $1.7bn Finance And Energy Deals
Saudi utility firm ACWA Power is set to increase its capital by SR7.13 billion ($1.89 billion) as part of its strategy to triple assets under management by 2030…
Oil Price
Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out
Storage tanks at the BP Plc Cherry Point Refinery near Blaine, Washington, U.S., on Friday, Nov. 19, 2021. Total U.S. oil stockpiles, including commercial inven…
Battery
Galp In No Rush To Invest In Lithium Refinery With Northvolt
Portuguese energy company Galp (GALP.LS), is in no rush to make a final investment decision (FID) to build a battery-grade lithium refinery in Portugal amid cha…
Australia
Zero Carbon Ammonia For Shipping Faces Cost, Safety Challenges
At one of the world's biggest bulk export ports in Western Australia, shippers safely completed the first transfer of ammonia from one vessel to another las…
Oil & Gas Trade
Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure
Equinor (EQNR.OL), on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production, and cut its ful…
Decarbonization
Iberdrola Profit Jumps 50% As Focus On US, Britain Pays Off
Europe's largest utility Iberdrola (IBE.MC), opens new tab posted on Wednesday a 50% increase in net profit for the first nine months of the year, in a sign…
Oil&Gas Drilling
Six-Well North Sea Drilling Campaign With $690 Million Price Tag Coming up Next Year to Unleash More High-Value Barrels
Norwegian oil and gas player Vår Energi has greenlighted a final investment decision (FID) for a multi-well drilling program, which aims to develop the ne…
Carbon Emissions
Hanwha Ocean Partners With GCMD to Advance Maritime Decarbonization
The Global Centre for Maritime Decarbonization (GCMD) and Hanwha Ocean have signed a five-year strategic partnership to advance maritime decarbonization in the …
Energy Transition
Snam to Invest €14.5BN in Gas Grid for Green Fuels Transition
talian gas grid operator Snam has announced a significant investment of €14.5bn ($15.72bn) to adapt its infrastructure for the energy transition.This inves…
Carbon Storage
Port-la Nouvelle Poised to Become ‘A Key Hub’ for Green Hydrogen and CO2
A consortium of partners is looking to establish an essential hub for low-carbon hydrogen and CO2 management in the Mediterranean within Port-La Nouvelle in Fra…
Decarbonization
UK Backs Green Shipping Corridor Projects With Fresh Funding
The UK Government has decided to award funds for new green shipping corridor projects that could boost the use of sustainable fuels, secure more green jobs, and…
Oil & Gas Trade
China’s September Refinery Output Falls for the Sixth Straight Month
China's refinery output fell 5.4% last month versus a year earlier, official data showed on Friday, declining for a sixth consecutive month even with the st…
Crude Oil
U.S. Crude Oil Stockpiles Fall Unexpectedly
U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record …
Oil&Gas Drilling
Totalenergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
TotalEnergies TTE 0.76%increase; green up pointing triangle said continued pressure on refining margins would take a toll on its downstream results for the thir…
CCS
MOL to Investigate Ship Transportation of LCO2 for Kyushu West Offshore CCS Project
As informed, the research is commissioned by the Japan Organization for Metals and Energy Security (JOGMEC) as the Engineering Design Work for Advanced CCS Proj…

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Dec

ACWA Power Signs $1.7bn Finance And Energy Deals

Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out

Galp In No Rush To Invest In Lithium Refinery With Northvolt

Zero Carbon Ammonia For Shipping Faces Cost, Safety Challenges

Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure

Iberdrola Profit Jumps 50% As Focus On US, Britain Pays Off

Six-Well North Sea Drilling Campaign With $690 Million Price Tag Coming up Next Year to Unleash More High-Value Barrels

Hanwha Ocean Partners With GCMD to Advance Maritime Decarbonization

Snam to Invest €14.5BN in Gas Grid for Green Fuels Transition

Port-la Nouvelle Poised to Become ‘A Key Hub’ for Green Hydrogen and CO2

UK Backs Green Shipping Corridor Projects With Fresh Funding

China’s September Refinery Output Falls for the Sixth Straight Month

U.S. Crude Oil Stockpiles Fall Unexpectedly

Totalenergies Expects Continued Refining Weakness, Lower Hydrocarbon Production

MOL to Investigate Ship Transportation of LCO2 for Kyushu West Offshore CCS Project