Ida

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…

Oil Price

Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out

Storage tanks at the BP Plc Cherry Point Refinery near Blaine, Washington, U.S., on Friday, Nov. 19, 2021. Total U.S. oil stockpiles, including commercial inven…

Battery

LG Energy Solution Announces ESS Revenue Growth, New Products

LG Energy Solution has recorded third-quarter 2024 consolidated revenue of KRW 22.18 trillion ($323 million) and an operating profit of KRW 751.9 billion, inclu…

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…

Tidal Energy

Innovation Fund Backs 29 MW Tidal Power Expansion In Normandy With €51M

French tidal energy company HydroQuest and tidal energy developer Normandie Hydroliennes have secured €51 million in Innovation Fund grants to advance two …

Electricity Trade

Spanish Renewables Industry Warns Of Threats To Investment

The mismatch between increasing supply of renewable power and electricity demand that is struggling to grow, coupled with depressed wholesale power prices, thre…

Nuclear Power Plant (NPP)

US Nuclear Regulator Kicks Off Review On Three Mile Island Restart

U.S. nuclear regulators kicked off a long-winding process to consider Constellation Energy's (CEG.O), unprecedented plans to restart its retired Three Mile …

Crude Oil

US Oil/gas Rig Count Steady This Week, Pennsylvania Falls To 17-year Low, Baker Hughes Says

U.S. energy firms kept the number of oil and natural gas rigs unchanged this week, with the count falling to a 17-year low in Pennsylvania, energy services firm…

LNG

Exclusive: Blackstone In Talks To Buy US Pipeline Stakes From EQT For $3.5 Billion, Sources Say

Private equity firm Blackstone (BX.N), is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp (EQT.N), for ab…

France

L&T Bags Significant Order To Deploy Advance Welding Technology For Global Nuclear Fusion Project

Larsen and Toubro (L&T) on Friday announced that it has won a new significant order from the France-headquartered intergovernmental body – the ITER organi…

Tidal Energy

Inyanga Marine Energy Kicks Off Crowdfunding For Its Tidal Energy Technology

According to Inyanga Marine Energy, the crowdfunding round, launched in partnership with Crowdcube, offers investors a chance to support HydroWing, a fully inte…

Oil Price

Italy's Eni To Boost Buyback After Quarterly Earnings Beat Expectations

Italian energy group Eni (ENI.MI), will increase its share buyback programme to 2 billion euros ($2.2 billion), it said on Friday, after beating third-quarter p…

Oil & Gas Trade

More Rig Market Consolidation On The Cards As Transocean And Seadrill Ponder Merger

Media speculation is running high following reports that the two offshore drilling players have engaged in initial talks regarding the possibility of merging th…

Tidal Energy

OceanX Unveils Key Insights From Malaysia Marine Mission

OceanX recently completed a 16-day mission to study marine ecology and coastal ecosystems off Pahang, Malaysia. The OceanX Malaysia Mission 2024, aboard the adv…

Ammonia

ADNOC Takes Over Fertiglobe With $3.6b Stake Acquisition From OCI

Abu Dhabi National Oil Co. (ADNOC) is consolidating its ammonia operations after completing the takeover of its joint venture Fertiglobe PLC, a global fertilize…