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Hydrogen Production

Australia's 2024-2025 Budget Includes Support for SAF, Renewable Hydrogen

The Australian government on May 14 released its $22.7 billion 2024-2025 budget. The plan, in part, includes provisions that aim to support the commercializatio…

Oil Field

North Sea Energy Firms Look Beyond UK After Tax Squeeze

Aerial view of the Gullfaks C oil platform, North Sea, August 23, 2023. REUTERS/Nora Buli/File Photo Purchase Licensing RightNorth Sea oil and gas producers are…

LNG

South Korean Petchem Firms Boost Cheaper LPG Use, Raise Output

A standing signboard showing the petrol (top 1.14 USD per litre) and diesel (middle 0.98 USD per litre) prices is seen in Seoul, South Korea, February 3, 2016. …

LNG

UAE's ADNOC Buys Stake in Nextdecade's Rio Grande LNG Project

Logos of ADNOC are seen at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo Purchase Li…

Renewable Energy

Google Invests 1 Billion Euros in Finnish Data Centre to Drive AI Growth

A Google sign is pictured during the company's presentation of a detailed investment plan for Germany outside the Google office in Berlin, Germany, August 3…

Oil & Gas Trade

Exclusive: Top U.S. Natural Gas Producer Chesapeake Energy Cuts Jobs

A 3D printed oil barrels and oil pump jack are seen in front of displayed Chesapeake Energy logo in this illustration taken January 25, 2022. REUTERS/Dado Ruvic…

Crude Oil

Romania's Crude Oil Production Down 3.4pct in Q1 2024, Imports Drop 15.1pct (Statistics)

In the first quarter of 2024, Romania produced 682,400 tonnes of oil equivalent (toe) of oil, 23,900 toe less (-3.4%) than in the same period of the previous ye…

Hydrogen Production

DOE Announces Support for Plug Power Hydrogen Production Sites

The U.S. Dept. of Energy (DOE) announced it was preparing to make as much as a $1.66 billion loan guarantee to Latham, New York-based Plug Power, with the money…

Photovoltaic （PV）

ACWA Power Gets Commercial Operation Certificate for 300 MW Photovoltaic Solar Project

Acwa Power, a leading Saudi developer of power and desalination projects, has announced that the project company for Shuaa Energy 3 plant in Dubai has obtained …

Oil&Gas Drilling

State Companies Plan to Extract 15 Cubic Meters of Gas and Two Million Tons of Oil This Year and Have Launched Seven New Gas Wells.

The Naftogaz group expects that state gas production companies will produce about 15 billion cubic meters of gas in 2024, said the state company’s CEO, Ol…

Oil&Gas Drilling

Saipem Secures $850 Million Award Offshore Angola From Eni-Led Joint Venture

Saipem has been awarded a new offshore contract by Azule Energy Angola S.p.A., a subsidiary of Azule Energy Holdings Limited, for the development of the Ndungu …

Carbon Emissions

USAID Funds $11 Million to Help Ho Chi Minh City Achieve Net-Zero Emissions Goal

On May 17, the United States Mission to Vietnam, through the US Agency for International Development (USAID), and Ho Chi Minh City Department of Industry and Tr…

Offshore Wind Power

Seatrium Secures Contract for Exxonmobil's FPSO Jaguar Offshore Guyana

Seatrium Limited has been awarded a contract by Single Buoy Moorings Inc, a SBM Offshore company, for the topsides fabrication and integration of a Floating Pro…

Isotopes

Oklo, Atomic Alchemy Team up for Future Isotope Production

Days after beginning trading on the New York Stock Exchange, US-based fast fission plant developer Oklo Inc has announced it is forming a strategic partnership …

SMR

Norsk Kjernekraft Focuses on Off-Grid SMR Projects

Under a new business plan, Norwegian nuclear project developer Norsk Kjernekraft says it plans to construct off-grid small modular reactors in industrial areas …