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Oil & Gas Trade

Exxon, Chevron Top Q3 Profit Expectations As Us Oil Output Hits Record High

U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil …

Japan

Mitsui E&S To Provide Equipment For Japan’s ‘First’ Offshore Hydrogen Station

Specifically, the VD4-250GH-OL will be used at the station to supply hydrogen to hydrogen-fueled ships, including tugboats equipped with hydrogen co-firing engi…

Battery

Tesla Releases Powerwall 3 Expansion Units For More Capacity At Lower Price

Tesla has added a new product to its residential battery energy storage offering, making it possible for Powerwall 3 owners to expand their systems more afforda…

Offshore Wind Power

RWE Secures Final Permit For 1.1gw Thor Offshore Wind Farm In Denmark

RWE has received the offshore construction permit for its 1.1GW Thor offshore wind farm in the Danish North Sea.Granted by the Danish Energy Agency, the approva…

Hydrogen Project

Govt. To Designate 3 Cities As Nation's First 'Hydrogen Complexes'

The government said Friday it will designate three cities as the nation's first hydrogen-specialized complexes and support their growth into hydrogen indust…

Power Construction

New Ultra-high Voltage Project Begins Operation In North China

An aerial drone photo taken on Oct. 31, 2024 shows Shengli substation of the Zhangbei-Shengli 1,000-kilovolt ultra-high voltage (UHV) alternating current (AC) p…

Coal Company

BHP Retreats From Comments About Moving On From Anglo Bid

BHP Group has been forced to walk back from comments about having moved on from its failed Anglo American Plc bid to prevent its hands being tied by the UK take…

Oil & Gas Trade

Nigeria Sees Objections to Shell Oil Asset Sale Resolved Soon

Nigeria’s upstream oil regulator found some issues with Shell’s proposed sale of its onshore assets to a consortium of local companies but they shou…

Offshore Wind Power

Petrobras To Start Major Offshore Wind Measurement Campaign Using Brazil-made Floating Lidars

The company will invest BRL 60 million (approximately EUR 9.6 million) in the new measurement campaign which follows a one-year deployment of the first floating…

Solar Panel

First Solar Lowers Annual Sales Forecast, Posts Rise in Q3 Profit

U.S. solar panel maker First Solar lowered its sales forecast for the current year on Tuesday, even after reporting a rise in third-quarter profit helped by hig…

Power Construction

Kenya Power Swings to Record Profit as Strong Currency Cuts Debt

Kenya Power and Lighting Co. posted a full-year profit thanks to a stronger local currency that softened its debt burden, sending the stock to a record high.Alm…

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…

Hydrogen Project

Ge Vernova To Supply Gas Turbine For YTL Powerseraya’s Hydrogen-ready Power Plant In Singapore

GE Vernova has secured a contract to supply its 9HA.01 gas turbine for YTL PowerSeraya’s new 600MW hydrogen-capable combined cycle gas turbine (CCGT) powe…

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…