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Oil & Gas Trade

Hungary to Buy 5% Stake in Azerbaijan's Shah Deniz Gas Field

Hungarian state-owned energy conglomerate MVM will buy a 5% stake in Azerbaijan's Shah Deniz gas field, it said in a statement on Wednesday.Hungary, a landl…

Electric Vehicle Battery

LG Energy Solution Partners With U.S. Firm for EV Battery Management Solutions

LG Energy Solution Ltd. (LGES), South Korea's leading battery maker, said Wednesday it has signed an initial pact with a U.S. company to strengthen the comp…

Electric Vehicle Battery

Mercedes and Stellantis Pause EU Battery Factories, May Switch to LFP Cells

Mercedes and Stellantis have stopped work on their joint European EV battery factory projects, and are reassessing which direction to move forward with the poss…

Nuclear Fuel

Rosatom Announces Novel Used Fuel Processing Technology

Russian state nuclear corporation Rosatom announced it has developed an innovative crystallisation refining technology for the purification and separation of nu…

Electric Vehicle Battery

Volvo to Issue World's First EV Battery Passport Ahead of EU Rules

Volvo EX90, the company's new electric SUV, is unveiled during a launch event in Stockholm, Sweden November 9, 2022. Anders Wiklund/TT News Agency/via REUTE…

Offshore Wind Power

New York Finalizes Offshore Wind Contracts for Equinor, Orsted Projects

Equinor's logo is see at Gastech 2023 in Singapore September 7, 2023. REUTERS/Florence Tan/File Photo Purchase Licensing RightsThe New York State Energy Res…

Oil & Gas Trade

US Could Boost Rate of Replenishing Oil Reserve, Energy Secretary Granholm Says

U.S. Secretary of Energy Jennifer Granholm listens to questions from the audience during the PR100 event in Orocovis, Puerto Rico, March 28, 2023. REUTERS/Gabri…

Oil & Gas Trade

Azerbaijan, Turkiye Extend Gas Supply Agreement From Shah Deniz Field

Baku and Ankara have signed an agreement to extend the supply of Azerbaijani gas under Stage-1 of the Shah Deniz field development, Azernews reports.The documen…

Renewable Energy

World Will Miss Target of Tripling Renewable Electricity Generation by 2030 – Iea

Solar panels in a field in West Sussex, UK. Solar power makes up about half of the capacity governments are planning to install, according to the International …

LNG

Full Production Restored at Chevron's Flagship LNG Project

Chevron's Gorgon gas facility in Australia.Photo: CHEVRONUS supermajor Chevron has restored full liquefied natural gas (LNG) production at its Gorgon projec…

Coal Trade

India's Coal Production Grows 10.15% in May

In May 2024, India's coal production reached 83.91 million tonnes (MT) (Provisional), exhibiting a growth rate of 10.15% compared to the corresponding perio…

Oil&Gas Drilling

Asian Yard Wins Significant EPCIC Contract for Murphy Oil's First Field Development Offshore Vietnam

Vietnam’s PTSC Mechanical & Construction (PTSC M&C), a subsidiary of PetroVietnam Technical Services Corporation (PTSC), has won the engineering, procurem…

SMR

Last Energy to Advise NATO on Microreactors

US microreactor developer Last Energy has formed a partnership with the NATO Energy Security Centre of Excellence (ENSEC COE) to jointly research military appli…

SMR

Saskatchewan SMR to Be Located in Estevan

SaskPower has identified two potential sites for Saskatchewan's first small modular reactor (SMR) to begin detailed site analysis ahead of a final site sele…

Offshore Wind Power

Belgium, Germany to Explore Building Hybrid Offshore Wind Link

Belgian energy minister Tinne Van der Straeten and German energy state secretary Philipp Nimmermann have agreed to investigate the development of a hybrid inter…