Energy

Crude Oil

US Crude Oil Stocks Fall for Fifth Straight Week

US crude oil inventories decreased during the week ended Dec. 27, marking their fifth consecutive weekly decline.Data released today, Dec. 27, by the US Energy …

Floating Offshore Wind

Aker Solutions Awards ABB Contract for Major UK Floating Offshore Wind Project

Aker Solutions has awarded ABB a FEED contract for the 560 MW Green Volt floating offshore wind project in the UK, led by Vårgrønn and Flotation En…

Energy Investment

BHI Provides Brightnight With US$25 Million in Financing

BHI, the US Branch of Bank Hapoalim, B.M. and a full-service commercial bank, has announced that BHI and Bank Hapoalim are partnering on a loan which will provi…

Oil&Gas Drilling

ExxonMobil to Begin Drilling in Cyprus’ EEZ in January 2025

ExxonMobil’s drilling rig is set to begin operations in Cyprus’ Exclusive Economic Zone (EEZ) in mid-January 2025, according to Energy Minister Geor…

Floating Offshore Wind

Bilfinger Selection Adds Further Offshore Expertise to Floating Wind Consortium

Bilfinger, a leading industrial services provider, has been appointed by Cerulean Winds to join the alliance of companies developing the Aspen, Beech, and Cedar…

Ethanol

Ethanol Production up Slightly, Stocks up 2%, Exports up 2%

U.S. fuel ethanol production was up slightly the week ending Dec. 20, according to data released by the U.S. Energy Information Administration on Dec. 27. Ethan…

Hydrogen Technology

Korea Proposes New Global Standards for Hydrogen Technology at ISO/TC197 General Assembly

Two hydrogen technologies proposed by Korea as new international standards have received the consent of experts at the recently held ISO/TC197 General Assembly,…

Green Hydrogen

Green Hydrogen Projects Worth US $21 Billion in Mexico’s Pipeline

The Mexican Association of Hydrogen, Storage, and Sustainable Mobility (AMH2), in collaboration with Mexico’s Ministry of Energy (SENER), will fund 18 clean hy…

Green Hydrogen

NTPC Leads Green Hydrogen Revolution in Odisha with New Mobility Initiatives

State-run NTPC has taken a significant step toward green energy development in Odisha by signing a Memorandum of Understanding (MoU) with GRIDCO and the Capital…

Energy Investment

Spain Has 29 Projects From the EU Innovation Fund, With More Than 1,286 Million in Aid

Spain has a total of 29 projects awarded under the EU Innovation Fund, linked to a volume of aid of 1,286 million euros, making it the country with the most ben…

Green Hydrogen

Riyadh, Tokyo Seek to Expand Cooperation in Clean Energy Technology and Green Hydrogen

Tokyo has said it was willing to expand cooperation with Riyadh in areas such as new sensitive technologies, clean energy technology, green hydrogen and ammonia…

Wind Power Project

Vestas Secures 315 MW Order for Offshore Wind Power Project in Japan

Vestas has received a 315 MW order for the Oga Katagami Akita offshore wind farm in Akita Prefecture, Japan. The project is being developed by Oga Katagami Akit…

Hydrogen Technology

China Unveils High-Capacity Hydrogen Gas Turbine to Optimize Clean Energy Use

A Chinese new energy equipment firm has announced the successful ignition of the world's first 30MW-class pure hydrogen gas turbine, offering a key solution…

Wind Power Project

Algeria Is Considering Installing 1,000 Megawatts of Wind Power as Part of the Expansion of Renewable Energy

The Algerian Ministry of Energy, Mines and Renewable Energy is studying the launch of a 1,000-megawatt wind power project, after a recent study revealed that Al…

Green Hydrogen

LONGi Hydrogen Enters Partnership with HydrogenPro

Zhang Haimeng, Vice President & Chief Sustainability Officer of LONGi Green Energy, Board Director of LONGi Hydrogen, commented, "We are pleased to formalize th…