Ea

Italy

Framatome Increases Presence In Italy

The company said Italian employees will "support the existing fleet and contribute to the development of nuclear energy in Europe from their home country"."The …

HVDC

GE Vernova Launches HVDC Competence Centre in Berlin

GE Vernova’s new HVDC competence centre is planned to position Berlin as a key hub in its European and global electrification business.The new centre form…

Ultra-high voltage grid

Italy’s Terna Buys €203M in High Voltage Grid Assets

Italian TSO Terna has signed an agreement with utility company Acea to purchase aerial and underground lines, substation components and a fibreoptic network, al…

Solar project

ClēNera Signs PPA for 600MW Snowflake a Solar Project in Arizona

Enlight Renewable Energy’s US subsidiary Clēnera has signed a new power purchase agreement (PPA) with Arizona Public Service (APS) for its Snowflake A so…

OPEC

OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period

Global oil demand is projected to reach 120.1 million barrels per day (mb/d) by 2050, while energy demand will rise 24% during the same period, said the Organiz…

Wind Farm

COD for 900 MW German Offshore Wind Farm Pushed Back From End-2025 to Early 2026

The 900 MW Borkum Riffgrund 3 offshore wind farm in Germany will be commissioned in the first quarter of 2026 instead of the initially planned fourth quarter of…

Wind Power Project

EIB Backs 1,440 MW Polish Offshore Wind Projects

On 6 November, the European Investment Bank (EIB) approved the financing for the Bałtyk 2 and Bałtyk 3 offshore wind projects in Poland, being developed by Po…

LNG

Angola Plans More Multi-year Oil And Gas Licensing Rounds To Boost Production

Angola plans to repeat its multi-year licensing round for oil and gas acreage starting in 2026, reportedReuters, citing a senior government energy official.This…

Oil & Gas Trade

Woodside Contracts Winyama For Pluto Train 1 Modifications Project

Winyama will collaborate with Kellogg Brown & Root, Woodside’s EPCM contractor for the project.This partnership is expected to enhance Winyama’s bus…

Electric Vehicles

Mercedes-AMG Developing First Standalone High-Performance SUV; Based on All-Electric AMG.EA Platform

For the first time in its 57-year history, Mercedes-AMG is developing an SUV entirely in-house. The high performance SUV, Born in Affalterbach, is built on the …

Electric Vehicles

Hyundai Launches INSTER A-Segment Sub-Compact EV, Not for US

Hyundai Motor launched its new INSTER A-segment sub-compact EV. INSTER stands out with its charging capability and versatile all-electric range (AER), providing…

United States

CARB Raises Carbon Intensity Reduction Targets of LCFS to 30% in 2030 and 90% by 2045

The California Air Resources Board on Friday voted to approve updates to the Low Carbon Fuel Standard (LCFS). The updates raise the carbon intensity reduction t…

Oil & Gas Trade

Petrobras Posts $7.6% Increase In Net Income In Q3 2024

Brazilian national oil and gas company Petrobras has reported a 7.6% increase in net income for Q3 2024, reaching $5.87bn (33.85bn reais) from $5.54bn in the sa…

Crude Oil

Exxon Mobil Takes Ownership Of Payara FPSO Offshore Guyana

Exxon Mobil Guyana has completed a transaction to assume ownership from SBM Offshore of theFPSO Prosperity.The deal went through ahead of the full platform leas…

Solar Power Plant

CHN Energy Starts Operations on a 3 GW Solar Complex in Northern China

The China Energy Investment Corporation (CEIC or CHN Energy) has started operations on the 3 GW Mengxi Blue Ocean solar power complex located near Ordos, in Chi…