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Turkey
Türkiye Implements 25% Foreign Capital Increase for Geothermal Pre-license Holders
The Energy Market Regulatory Authority of Türkiye has implemented a 25% capital increase from foreign investment for pre-license holders of geothermal ener…
COP29
COP29: Nations Struggle With Fossil Fuel Transition Agreement as Saudi Arabia Poses ‘Wrecking Ball’
People visit the Saudi Arabia pavilion on day eight at the UNFCCC COP29 Climate Conference in Baku, Azerbaijan on Nov. 19, 2024. Sean Gallup / Getty ImagesCOP29…
Natural Gas
TGS Wins Major Seismic Contract For ONGC Offshore India Gas Field
TGS announced today they have won a significant seismic survey/3D streamer contract for ONGC in the Mahanadi basin, offshore India. The Ramform Sovereign is sch…
Natural Gas
Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion
Pending arbitration claims against liquefied natural gas exporter Venture Global LNG Inc. from several of its customers have grown to nearly $6 billion, accordi…
Spain
Spain and Portugal Both Get 40% of Their Electricity From Photovoltaic and Wind Power
European neighbors Portugal and Spain are currently neck-and-neck in the race to roll out solar and wind power.On the chart, you can see the share of electricit…
Energy Storage System
EIG’s Fidra Energy and Sungrow Enter Into Strategic Partnership
Fidra Energy and Sungrow have announced the signing of a strategic 4.4 GWh energy storage partnership agreement to support Fidra’s plans to establish a 10 GW b…
Oil Price
Petrobras Outlines $111 Billion, Five-Year Spending Proposal
Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year plan.The Brazilian oil giant’s…
Wind Turbine
Vestas Secures 50 MW Wind Order in South Korea
The deal is for eight 6.2 MW V162 wind turbines together with a 20-year AOM5000 service contract.Delivery of the wind turbines for the wind farm is expected to …
Hydrogen Fuel Cell
New Hydrogen Fuel Cell Bus Aims for Diesel-Like Performance Without Batteries
A new US hydrogen-powered bus project hopes to cut fuel cell propulsion system weight and volume by over 50% by doing away with the need for an additional batte…
Battery
12-Cell Lithium Sulfur Battery Pack Powers Aerial Vehicle on Maiden Test Flight
The 6S2P battery pack uses twelve 10Ah Li-S cells with a nominal pack voltage of 11.4 V, a capacity of 20 Ah, and a weight of 550 grams at a pack level.Brisbane…
Oil Price
Oil Settles on Moderate Gains Amid Mixed Middle East Signals
Oil edged higher after swinging between gains and losses for much of the session as traders weighed mixed signals about the risks to flows from the Middle East …
Solar project
Pathway to Singapore’s Solar Development
Singapore could import large quantities of low-cost solar power from neighbouring countries using undersea cables, with the indicative cost being competitive wi…
Oil & Gas Trade
Qatar Taps Rothschild As Adviser In Bid For Rosneft Units In Germany
Qatar’s sovereign wealth fund is bolstering its efforts to take over the German businesses of Russian oil giant Rosneft PJSC as the government in Berlin l…
United States
Chevron Is Said to Weigh Sale of Hong Kong Gas Stations Business
Chevron Corp. is considering a sale of all of its gas stations in Hong Kong amid interest from prospective investors, according to people familiar with the matt…
United States
Copper Drops as Dollar Strengthens on Trump Lead in US Election
Copper fell along with most metals, weighed down by a rise in the dollar as Donald Trump took an early lead in the US election.The Associated Press called North…
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