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Crude Oil

Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence

Storage tanks at the Port of Rotterdam in Rotterdam, Netherlands.Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to str…

Power Construction

TE Connectivity to Buy Richards Manufacturing for $2.3bn

The acquisition will combine complementary products to meet the growing demand for underground electrical networks.TE Connectivity has agreed to acquire Richard…

Electric Vehicles

Porsche to Cut 1,900 Jobs in Germany After EV Demand Slumps

The body shell of an all-electric Porsche Taycan.Porsche AG will trim its workforce by 1,900 employees by the end of the decade in response to weak electric veh…

Nuclear Reactor

Rosatom Aiming for 100-Year Service Life for Reactors

Welding has been completed of the upper half of the VVER-1200 reactor vessel for El Dabaa nuclear power plant's second unit, with Rosatom saying that new ma…

Nuclear Power Plant (NPP)

Dismantling Progress at Oskarshamn

Dismantling of Oskarshamn’s first reactor pressure vessel in 2021NUKEM Technologies Engineering Services GmbH (NUKEM), in partnership with Uniper Nuclear …

Pumped Storage

Philippines’ Green Energy Auction Heavily Oversubscribed With Nearly 7 GW of Pumped Hydro Bids

A pumped-hydro storage facility in LithuaniaThe Philippine Department of Energy (DOE) said on Tuesday that its GEA-3 auction round, focusing on technologies not…

Wind Turbine

Mitsubishi Wins Turbine Order for Al Wahda Power Plant in Morocco

The Al Wahda power plant is set to begin operations in 2027.Mitsubishi Power, a unit of Mitsubishi Heavy Industries, has secured an order to supply two M701JAC …

Battery

Tata Power Unit and ONGC Sign MoU for Battery Energy Storage Systems

The MoU, signed at India Energy Week 2025, was formalised with TPREL CEO Deepesh Nanda and other dignitaries.Tata Power Renewable Energy – (TPREL), a subs…

Natural Gas

Germany Wants EU to Relax Gas Storage Targets

Model of natural gas pipeline and EU flag, July 18, 2022.Germany wants the European Union to make its gas storage targets less rigid because of worries over the…

Oil Price

Oil Settles Flat, Pares Early Losses as Tariffs Delayed

An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023.Oil prices settled flat on Thursday, paring earl…

Offshore Wind Power

New York Approves Power Line for Equinor Offshore Wind Farm

The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, Ma…

Metal

Australia Iron Ore Ports Close to Brace for Category 5 Cyclone

Australia's iron ore export hub, the world's largest, braced on Friday for a powerful tropical cyclone, forcing the closure of all of the major commodit…

Power Construction

UK Energy Regulator Plans Faster Grid Tie-Ups for New Projects

Electricity pylons run through fields near Amersham, Britain, September 29, 2023.Britain plans over the coming months to introduce a faster way to connect new p…

Coal-Fired Power Plants

As Coal Plants Close, Colorado Towns Consider Nuclear Waste Storage

Hayden Station, a coal-fired power plant, dominates part of the landscape between Hayden and Steamboat Springs in northwest Colorado. The power plant is expecte…

Offshore Wind Power

UK Opens ‘Shop Local’ Offshore Wind Bonus Scheme

The UK government has opened the window for offshore wind developers to submit their applications for newly introduced Clean Industry Bonus payments offered und…