Du

Natural Gas

Tax Hikes Hinder Gas Price Drop, Raise Electricity Costs

espite reductions in the cost of energy, supply and network services (-2% compared to second half of 2023), total prices slightly increased (+2%), as government…

Natural Gas

Big Oil Sees AI Boom Driving ‘Crazy Demand’ for US Natural Gas

A surge in energy demand from technology giants that are rapidly developing cloud computing and artificial intelligence — known as hyperscalers — is becoming …

Wind Power Project

Developers Nab Leases to Build New England Floating Wind Farms

Avangrid Inc. and Invenergy LLC units secured leases to install wind turbines across some 439,000 acres in the Gulf of Maine during a US government auction Tues…

Nuclear Reactor

Sweden’s Nuclear Revival in Question as Green Hangover Spreads

Sweden’s nuclear revival risks being undermined as more companies pull the brakes on large power-hungry green projects designed to clean up some of the wo…

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

LG Energy Solution Announces ESS Revenue Growth, New Products

LG Energy Solution has recorded third-quarter 2024 consolidated revenue of KRW 22.18 trillion ($323 million) and an operating profit of KRW 751.9 billion, inclu…

Biofuel

Cargill, Bunge Slow Soybean Buying on Stalled US Biofuels Policy

Agriculture giants including Cargill Inc. and Bunge Global SA are slowing their buying of soybeans due to uncertainty over US biofuels policy.The lack of guidan…

China

China’s Cobalt King Hits Output Goal Months Ahead of Schedule

The world’s No. 1 cobalt miner smashed through its full-year output target last quarter after a speedy ramp-up that’s piled pressure on global price…

Electricity Trade

UK's Energy Industry Divided in Battle for Free Electricity

A proposal to divide up the UK power market and unleash free electricity in the windiest parts of the nation is turning into a bitter fight between its biggest …

Natural Gas

Beach Energy delivers first gas from Thylacine West to Otway Gas Plant

Beach Energy has announced the start of gas production from its Thylacine West 1 and 2 development wells in Australian waters, following their connection to the…

Geothermal Power Plant

Mitsubishi Power Receives Order for Facility Retrofit at the Darajat Geothermal Power Plant in Indonesia

Darajat Geothermal Power PlantIntroduction of state-of-the-art steam turbine to increase power generation output by 8 MW compared to before the retrofit, to 129…

Geothermal Power Plant

Mitsubishi Power Receives Order for Facility Retrofit at the Darajat Geothermal Power Plant in Indonesia

Darajat Geothermal Power PlantIntroduction of state-of-the-art steam turbine to increase power generation output by 8 MW compared to before the retrofit, to 129…

Photovoltaic （PV）

Fonrich Successfully Completes Series A Funding of Several Million Dollars — Continuing to Build Safe and Intelligent New Energy Systems

Recently, Fonrich (Shanghai) New Energy Technology Co., Ltd. officially completedSeries A Funding of several million dollars, with Industrial Securities Capital…

Battery

LI-S Energy Off Like A Rocket On Latest Breakthrough

Li-S Energy has made another substantial improvement to the performance of its cutting-edge lithium sulfur battery technology, sending shares up by more than 58…

Oil&Gas Drilling

Prima Rejuvenating Oilfield Offshore Indonesia

Prima Energy has kicked off a development drilling campaign aimed at boosting production from its mature Camar field offshore East Java, Indonesia.The Indonesia…