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Warren Buffett Sells Stake in Oil Giant Occidental Petroleum

Warren Buffett’s Berkshire Hathaway has sold its common stock interest in Occidental Petroleum.

Oil&Gas Drilling

Trump to Open Alaska Arctic Refuge to Oil Drilling for First Time

The Trump Administration is set to open the Arctic National Wildlife Refuge in Alaska to oil drilling for the first time by approving a drilling program on Mond…

Energy Transition

BP, Pale Blue Dot Scoop ‘Energy Transition’ Prize

BP and Pale Blue Dot were among winners of the 2020 Offshore Achievement Awards during a virtual ceremony on 14 August.

Tidal Energy

Marine Energy Wales Backs Morlais Tidal Demo Zone

Marine Energy Wales said it supports the Morlais tidal demonstration project’s “phased approach” to deploying devices in the test zone.

Hydropower Plant

Drax to Spend £1m on Cruachan Hydro Plant Upgrade

Drax Group’s Cruachan hydroelectric pumped storage plant, built inside a hollowed-out mountain in Scotland, is to undergo an upgrade.

Microgrid

BESS System on Hybrid Microgrid Powers Remote Alaskan Community

The small town of Cordova, Alaska, is located 150 miles southeast of Anchorage, near the picturesque head of the Orca Inlet on the Prince William Sound, at the …

Market Analysis

China's Electricity Consumption Growth Eased to 2.3% in July

A shift in production strategy by crude oil refineries may have played a role.

Wind Turbine

Siemens Gamesa Bags Order to Supply Turbines for Adani Green Energy’s Rajasthan Project

It has received a firm order from Adani Green Energy for the Fatehgarh, Rajasthan project to install 215 SG 2.2-122 wind turbines, totalling 473 megawatt.

Spain

Enel Adds Over 144GWh in Annual Renewables Capacity to Spain’s Grid

Enel Green Power Spain has connected its 51MW wind farm in the town of Motilla del Palancar, in the Cuenca province, with the country’s main grid network.

Geothermal Power Plant

Indonesian Renewable Energy Reforms to Drive Geothermal Development

Indonesia is preparing regulations on renewable energy pricing to gain the investors’ trust in the clean energy sector.

Hydropower Plant

Lisbon to Generate Energy Using Water Transportation Pipelines

The Asseiceira hydroelectric plant in Lisbon, Portugal, is set to become the world’s first fully sustainable water treatment plant.

Biobattery

Bovine Biomethane Connected to UK's Grid for the First Time

In the UK, biomethane obtained from cattle manure and straw has been connected to National Grid’s gas transmission system for the first time.

Offshore Wind Power

Apollo Funds to Acquire Stake in US Wind to Fund Offshore Project

Apollo Global Management has announced that its affiliates have acquired a stake in offshore wind energy development company US Wind.

Wind Farm

Danish Firm CIP to Build Operations Base for Taiwan Wind Farm

Danish firm Copenhagen Infrastructure Partners has reportedly announced plans to build an operations and maintenance base for the Changhua Phase One wind power …

Nuclear Power Plant

Hitachi to Revive Wylfa Newydd Nuclear Power Plant Plans

Japanese technology company Hitachi has reportedly entered talks with the UK Government to revive plans for the Wylfa Newydd nuclear power plant in north Wales …