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LNG Carrier

CoolCo Buying Two Lng Carriers Newbuilds for $234M Each

LNG shipowner Cool Company (CoolCo) has exercised its option to acquire two newbuild LNG carriers from affiliates of EPS Ventures.CoolCo said that the Mega LNG …

United Kingdom

UK to develop virtual prototype of nuclear fusion plant

The virtual modelling project is due to be completed by 2024. Credit: Sorn340 Studio Images via Shutterstock.The UK Government has announced plans to develop a …

Renewable Energy

Installed New Energy Capacity in China's Inner Mongolia Nears 70 mln Kilowatts

HOHHOT, June 29 (Xinhua) -- North China's Inner Mongolia Autonomous Region has so far recorded nearly 70 million kilowatts of installed new energy capacity,…

Green Hydrogen

Hydrogen, Electric Heat and Carbon Capture: UK Government Invests £80M in Energy Tech

Kellogg’s and Procter & Gamble (P&G) are among the businesses to have secured funding under the UK Government’s latest multi-million-pound package for low-car…

Solar Battery (Storage)

Scientists Designed 10.83%-Efficient Solar Cell Based on New Unleaded Perovskite Material

A research group in India has simulated a solar cell based on a lead-free perovskite material known KSnI3 and has found the device may achieve remarkable effici…

Wind Turbine

Wind Turbines That Shake and Break Cost Their Maker Billions

(Bloomberg) -- Wind turbines make money when they spin. But when they shake, it can cost billions.Siemens Energy AG is struggling to contain the fallout after d…

Electric Vehicle Charging

First Sellable Chevy Blazer EV Rolls off the Production Line at Gm's Ramos Arizpe Plant

The first sellable Chevy Blazer EV just rolled off the production line at General Motor’s Ramos Arizpe plant as the automaker plans to launch its new elec…

Oil & Gas Trade

Altera Shuttle Tankers Fixes Suezmax to Petrobras for Five Years

Altera Shuttle Tankers has sealed a deal with Brazil’s state-owned oil company Petrobras for the charter of its 2013-built suezmax Lambada Spirit.The company d…

Power Construction

Schneider Electric, Siemens and GE Vernova Named Leading Microgrid Integrators

Guidehouse Insights recognized the companies in its recent Leaderboard report.Guidehouse Insights named Schneider Electric, Siemens and GE Vernova as the top mi…

Crude Oil

Oil Prices Gain 2% On Bigger-Than-Expected Decline in Us Crude Storage

NEW YORK (Reuters) -Oil prices rose about 2% on Wednesday as the second straight weekly draw from U.S. crude stockpiles was bigger than expected, which offset w…

Crude Oil

CGX, Frontera Announce Major Oil Discovery off Guyana

The discovery adds to the growing bonanza in this promising frontier regionPUBLISHED JUN 28, 2023 10:50 PM BY THE MARITIME EXECUTIVECanadian oil company CGX and…

Thermal Coal

Biden Brags About Killing Coal Plants as Grid Operators Warn of Rolling Blackouts

President Joe Biden boasted that there will be no more new coal-fired power plant developments in the U.S. during a Wednesday speech in Chicago, Illinois, even …

Rooftop Solar

Detroit Is Going to Power 100% Of Its Municipal Buildings With Solar

All of Detroit’s municipal buildings are going to be powered by neighborhood solar as part of the city’s efforts to combat climate change – ch…

Electric Vehicle Battery

Groundbreaking on New BMW Group High-Voltage Battery Assembly Plant in South Carolina

The BMW Group broke ground for a new high-voltage battery assembly plant in Woodruff, South Carolina. (Earlier post.) The BMW Group Plant Woodruff will produce …

Biofuel

USDA to Invest up to $500M to Increase Availability of Domestic Biofuels Through HBIIP

The US Department of Agriculture (USDA) plans to invest up to $500 million from the Inflation Reduction Act to increase the availability of domestic biofuels. I…