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Crude Oil

BP Profit Triples on Soaring Energy Prices

Oil company reveals profits increased to a 14-year high.

Energy Storage Project

Foresight Acquires 50% Stake in UK Battery Project

Clayfords Energy Storage Limited holds the development rights to 50MW lithium-ion storage plant in Scotland

Crude Oil

As Political Deadlock Simmers, Libya Hits 1.2M Bpd Oil Production

Oil production in Libya has hit 1.2 million barrels per day, the level the country was producing prior to its declaration of force majeure in April, according t…

Carbon Neutral

A Japanese Project Demonstrates a Carbon Neutrality Pathway for Coal Power

Osaki CoolGen Corp.’s complex three-phase demonstration project in Hiroshima Prefecture seeks to achieve highly efficient coal-fired power generation with near…

Offshore Wind Power

The Potential of Offshore Wind Power in Latin America

Latin America has energetic possibilities in maritime winds. Colombia and Brazil took the first steps to develop offshore wind power. The experience of oil plat…

Germany

EDP Renewables Acquires Solar Development Platform Based in Germany

The company announces it has reached an agreement for the acquisition of a 70% stake in Kronos Solar Projects GmbH.

Oil Field

Green Light From TotalEnergies for Oil Project off Angola

France-headquartered energy giant TotalEnergies has taken a final investment decision (FID) to develop an oil development project located offshore Angola.

Plan for ‘Largest’ Solar System for a Desalination Plant Moves Forward

The photovoltaic project developed by TotalEnergies and Veolia will supply a seawater desalination plant in Oman.

SMR

Last Energy Agrees to Build Ten SMRs for Polish Industrial Zone

US small modular reactor (SMR) developer Last Energy has signed a Letter of Intent with Poland's Legnica Special Economic Zone (LSEZ) and DB Energy on the const…

Electric Car

Iberdrola and bp Invest €1B in EV Infrastructure and Green Hydrogen

Iberdrola and bp have announced a strategic collaboration to expand fast EV public charging infrastructure, support the adoption of electric vehicles and develo…

Gas Turbine

GE Gas Power Awarded $4.2M to Boost Gas Turbine Efficiency

GE Gas Power has secured $4.2 million in funding from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) to advance development …

United States

US Senate Gives Green Light to Landmark Climate Deal

In a head-snapping reversal, Sen. Joe Manchin (D-WV) said July 27 that he had reached a deal with Majority Leader Chuck Schumer on a budget reconciliation packa…

Hydropower Plant

Experts Say Hydropower Needs to Double by 2050 to Meet Climate Goals

Global installed hydropower capacity rose by 26 GW in 2021 to 1,360 GW, but that’s far short of the progress needed to achieve the world’s climate change miti…

Spain

PNE Acquires 51% Stake in Spanish Solar Project Developer Kolya

The acquisition has increased PNE’s solar photovoltaic project pipeline by more than 40%.

Wind Farm

Dogger Bank Achieves Milestone With First Monopile Installation

The Dogger Bank wind farm has reached a significant milestone, with work starting on the installation of 277 wind turbine foundations.