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Oil Price

Oil Prices up in Thin Pre-christmas Trade

Oil prices were up on Tuesday in thin trade ahead of the Christmas Day holiday, with prices supported by U.S. economic data and rising oil demand in India, the …

India

Oil India to Launch Subsidiary for Green Energy Ventures

Oil India Ltd. (OIL) has announced plans to establish a wholly-owned subsidiary, OIL Green Energy, to oversee its green and alternative energy ventures. The sta…

Oil&Gas Drilling

UAE’s Adnoc Boosts Drilling Capabilities With 2 New Jack-up Rigs

The Abu Dhabi National Oil Co. has received two new jack-up rigs, reinforcing its position as one of the largest drillship fleet owners globally.ADNOC Drilling …

Oil&Gas Drilling

Vermilion Energy Announces $1B Deal to Buy Westbrick, Bolstering Scale in Deep Basin

Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion.The Calgary-based company says the trans…

Oil&Gas Drilling

Zephyr Energy Secured a Rig for Drilling Operations at Paradox, Scheduled to Commence in January.

Zephyr Energy plc (AIM: ZPHR), a Rocky Mountain-based oil and gas company committed to responsible resource development and carbon-neutral operations, has provi…

Oil&Gas Drilling

Equinor Comes up Dry Offshore Norway

Equinor and its partners have drilled two wells in the North Sea, both of which were proven dry.The wildcat wells Kvernbit and Mimung (35/10-14 A and 35/10-14 S…

Oil&Gas Drilling

Dolphin Drilling Emerges as Winner in Arbitration Saga Over Rig Termination Deal

Norway-headquartered offshore drilling contractor Dolphin Drilling has disclosed a positive outcome of arbitration proceedings with Lagos-based General Hydrocar…

United States

WPTO Announces New Support for Hydropower Workforce Development Programs

The U.S. Department of Energy’s Water Power Technologies Office (WPTO) recently announced $1 million in funding from the Bipartisan Infrastructure Law to …

Hydropower Plant

NYPA Approves $70.6m Contract for Gantry Crane Replacements at St. Lawrence-FDR Hydro Plant

The New York Power Authority (NYPA) Board of Trustees approved the award of a competitively bid six-year equipment contract, valued at $70.6 million, to REEL CO…

Hydrogen Project

Sarawak Premier Makes Inaugural Visit to Mitsubishi Power’s Takasago Hydrogen Park

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), welcomed The Right Honourable Datuk Patinggi Tan Sri Dr Abang Haji Abdul R…

Hydrogen Project

MAX Power Identifies Multiple Natural Hydrogen “Fairways” in Saskatchewan, Gears up for Drilling

MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (MAX Power or the Company) is pleased to provide the following corporate update as the Company cl…

Solar project

US-Backed Econergy Secures Financing for 92 MW Solar Farm in Romania

Econergy Renewable Energy has secured financing from Raiffeisen Bank for its 92 MW Parau solar project in Romania, marking the Israeli company’s second su…

Battery

NY Utility Approves Battery Storage Project on Shuttered US Nuclear Site

The Long Island Power Authority (LIPA) has approved 79 MW and 50 MW battery storage projects in Suffolk County, New York state. It is granting Key Capture Energ…

Solar project

SECI Allocates 600 MW Solar in India at $0.036/kWh

Solar Energy Corp. of India (SECI) has allocated 600 MW of solar at $0.036/kWh in its 1 GW solar tender, with Acme Solar, Adani Renewable Energy, and ReNew emer…

Battery

Batteries Set to Drive Rapid Solar Growth

Chemical battery storage, led by lithium, has made such significant strides in terms of cost, capacity and technology that batteries are now positioned to accel…