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Oil Price

Oil Major BP Posts 70% Drop In Second-Quarter Profit, Raises Dividend by 10%

Oil major BP on Tuesday reported a nearly 70% year-on-year drop in second-quarter profits on the back of weaker fossil fuel prices, echoing a trend observed acr…

Oil & Gas Trade

Shell to Sell More Oil Assets in Nigeria

Shell Plc is reportedly set to resume talks to sell some of its Nigerian oil fields. The oil giant is said to be in negotiations with Eroton Exploration and Pro…

Offshore Wind Power

Greencoat Renewables Continues Spanish Expansion With Wind Farm Acquisition

Andella wind farm in Valladolid, SpainGreencoat Renwables has agreed to purchase the Andella wind farm in Valladolid, Spain.The Andella wind farm is the Irish l…

Rooftop Solar

India's NTPC to Build 550 MW Solar Farm Tendered for $0.031/Kwh

NTPC Renewable Energy Ltd. (NTPC REL) has secured a letter of award from REC Power Development and Consultancy (RECPDCL) to develop a 550 MW solar project. It w…

Renewable Energy

Nextera Reveals 250 GW Pipeline of Renewables, Storage Projects

A 20 MW project in Ludlow, Vermont/Image: NextEra EnergyNextEra, the largest renewable energy developer in the United States, said during its recent second-quar…

Rooftop Solar

Lightweight Solar Panel Provides Solution for Rooftop Installations

Brisbane-headquartered UV Solar has installed a 9.135 kW solar power system atop a local church in the outer suburbs of the Australian city. The installation fe…

Oil&Gas Drilling

Additional Time Secured for BW Offshore FPSO off Nigeria

Italian-headquartered oil and gas giant Eni has handed out yet another short-term contract extension to BW Offshore for one of its floating, production, storage…

Photovoltaic （PV）

Enel Green Power Romania Commissions Its Largest PV Park: 63MWP

Iulian ErnstEnel Green Power România, Enel Group’s renewable energy business line in Romania, has commissioned Lumina photovoltaic park in Călugăr…

Nuclear Power Plant (NPP)

Czech Republic Expanding Nuclear Power Program

The Czech Republic is looking to expand its use of nuclear power, with utility CEZ launching another tender looking for companies to bid on construction of new …

Hydrogen Fuel Vehicle

Nikola Starts Production of 'Saleable' Hydrogen Fuel Cell Electric Trucks With 500-Mile Range

Nikola Corporation has commenced production of its hydrogen fuel cell electric truck.What Happened: The Nikola hydrogen fuel cell electric truck, with a range o…

Energy Saving

Surat Diamond Bourse to Consume 50% Less Energy Than a Typical Green Building – Know How?

Sonali Rastogi, the Founding Partner at Morphogenesis is the woman behind this world’s largest commercial building.In this context, the Surat Diamond Bour…

Nuclear Power Plant (NPP)

China Approves Six Nuclear Reactors at $17 Billion Investment

China’s State Council approved six new nuclear reactors as it continues to expand the world’s biggest pipeline of new atomic energy projects.Two uni…

Oil & Gas Technology

Top US Utility Group Opposes Emissions Plan For Existing Gas Plants-Source

The top U.S. utility lobby group intends to push back on the Biden administration's proposals requiring upgrades to existing natural gas-fired power plants …

Solar project

Community Energy Together Launches Share Offers to Generate £20 Million in Community Benefits

Orchard solar farm, Kent. Image: Community Energy TogetherCommunity Energy Together (CET), a new collaboration between five community energy groups in England a…

Electric Vehicles

Toyota Plans to Build 'Competitive' Local EVs in China as It Looks to Play Catchup

As Japanese automakers fall behind in the surging Chinese EV market, Toyota looks to turn things around. Toyota announced Monday it will boost local development…