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COP28

UN Climate Chief Calls for $2.4 Trillion in Climate Finance

Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) Simon Stiell speaks during the United Nations Climate Change Conferenc…

LNG

FACTBOX European and Asian Companies Affected by US Pause on LNG Export Permits

Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsU.S. President Joe Biden's admi…

Renewable Energy

Totalenergies Explores US, Europe Renewable Portfolio Stake Sale- Sources

The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, …

Carbon Capture

Indonesia Teams up With Italy's Eni on Decarbonisation

Indonesia's Energy and Mineral Resources Ministry said on Friday it had signed a memorandum of understanding with Italian energy group Eni (ENI.MI), opens n…

Oil&Gas Drilling

US Drillers Cut Oil and Gas Rigs for First Time in Three Weeks - Baker Hughes

The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/…

Oil & Gas Trade

Exxon Beats Estimates, Ends 2023 With a $36 Billion Profit

Exxon Mobil (XOM.N), opens new tab on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas productio…

Carbon Capture

US Energy Department Selects Delek's Refinery for Pilot Carbon Capture Project

Delek US Holdings (DK.N), opens new tab said on Friday the U.S. Department of Energy has selected its Big Spring refinery for a pilot carbon capture project and…

Power Construction

FERC Approves New England Plan to Improve Grid Reliability

The Federal Energy Regulatory Commission (FERC) this week approved a plan by New England's grid operator to expand its day-ahead market, a move that could a…

Oil & Gas Trade

BP Says Power Restored, Operations Stabilized at Whiting, Indiana, Refinery

The BP logo is seen at a BP gas station in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsBP Plc (BP…

Natural Gas

Tanzania's TPDC Doubles Gas Field Stake in Deal with Maurel & Prom

State-run Tanzania Petroleum Development Corporation (TPDC) has paid $23.6 million to double its shareholding in the Mnazi Bay natural gas field under an agreem…

Solar Panel

Italy to Invest in Enel Plant to Boost Solar Panel Production, PM Says

Italy's Prime Minister Giorgia Meloni holds her end-of-year news conference in Rome, Italy, December 29, 2022. REUTERS/Guglielmo Mangiapane/File Photo Acqui…

Photovoltaic （PV）

Photon Energy Commissions Its 10th PV Power Plant in Romania

Photon Energy completed and grid-connected its tenth photovoltaic (PV) power plant in the Romanian market. The installation has a generation capacity of 3.8 MWp…

Oil & Gas Trade

Japan's Gas Imports Plummet as Nuclear Reactors Restart

Japan’s liquefied natural gas imports for January fell to the lowest level for that month in over a decade, as nuclear reactor restarts, higher renewables…

Biofuel

Eni to Build Third Biorefinery in Italy

Eni SPA said it is awaiting government clearance to begin construction of its third biofuel production plant in Italy, proposed to rise in the port city of Livo…

Oil&Gas Drilling

Welchau-1 Spud Imminent as Adx Hunts Austrian Gas Giant

ADX Energy’s Welchau-1 drill pad in Austria. Credit: File.ADX Energy will start spinning the drill bit in a week at its giant Welchau gas prospect in Aust…