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Oil & Gas Trade

Hess Midstream Reports Higher Q3 Income, After Chevron Buys Hess

Hess Midstream LP (HESM.N) on Wednesday reported a rise in third quarter net income versus the year earlier period, with the announcement coming just days after…

LNG

Vaar Energi Says Goliat Field May Supply Gas to Hammerfest LNG

Vaar Energi (VAR.OL) said on Wednesday it will decide next year whether to send natural gas from Norway's Goliat petroleum field in the Arctic Barents Sea t…

Power Construction

World Bank Approves $1 Bln Loan to Help South Africa Tackle Power Crisis

The World Bank said on Wednesday that its board had approved a $1 billion loan to help South Africa reform its energy sector, as the country tries to overcome r…

Offshore Wind Power

Meridian Energy, NZ Windfarms to Invest up to $348 Mln in New JV

New Zealand-based power company Meridian Energy (MEL.NZ) and wind energy firm NZ Windfarms (NWF.NZ) said on Thursday they will form a joint venture to expand th…

LNG

Sani Inaugurates 20,000-Capacity LNG, LCNG Gas Hub in Kaduna

Kaduna State Governor, Senator Uba Sani, has inaugurated the first-ever Liquefied Natural Gas (LNG) and Liquefied Compressed Natural Gas (LCNG) facility in Nige…

Nigeria

FG Secures €1M EU Grant for Nuclear Project

The Federal Government, on Wednesday, announced that it had secured a grant of €1m from the European Union to execute the instrument for nuclear safety pro…

Oil and Gas Equipment

Svanehøj develops a complete high-pressure marine pump unit for LNG fuel

As demand for LNG-fueled vessels remains high, the marine pump specialist Svanehøj can now offer a high-pressure pump solution for two-stroke engines &nd…

Oil & Gas Supply

Sani Inaugurates First Liquefied Gas Station in Kaduna

Kaduna State Governor, Senator Uba Sani has inaugurated the first Liquefied Compressed Natural Gas station set up by Greenville LNG in Kakau, Kaduna State on Tu…

Floating Offshore Wind

Japan, Denmark to Collaborate on Floating Offshore Wind Technology

A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo Acquire Licensing RightsJapan a…

Crude Oil

China to Cap Crude Oil Processing Capacity at 1 Bln Tons by 2025

China will cap its crude oil primary processing capacity at 1 billion metric tons by 2025 in an effort to streamline its vast refinery sector, the country's…

Electric Vehicles

Mitsubishi to Invest up to $200 Million in Renault Ampere EV Unit

Mitsubishi has been something of an also-ran in the automotive world for the past decade, with the brand’s storied badges (Delica, Lancer, Pajero, Eclipse…

Electric Vehicles

Tesla Is Working On Controversial 'Congestion Fee' at Supercharger Stations

Tesla is planning a new congestion fee at Supercharger stations, and it’s building on top of an already controversial practice.Back in 2019, Tesla introduced a…

Electric Vehicles

BYD Is Stealing Toyota's Limelight in This Key Auto Market With Low-Priced EVs

China’s largest EV maker, BYD, is quickly making a name for itself in overseas markets. Despite recently entering the Thai auto market, BYD has already su…

Hydropower Plant

Renovation Complete at Grande Dixence Hydroelectric Project

Grande Dixence SA marked a historic milestone on October 20, 2023, with the official inauguration of the fully refurbished Fionnay and Nendaz power stations and…

Hydropower Plant

WAPDA Says Hydropower Generation Increased in Fy 2023-24, Saving National Exchequer Billions

Pakistan witnessed a promising surge in hydroelectricity generation during the fiscal year 2023-24. The Water and Power Development Authority (WAPDA) reported t…