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Oil & Gas Trade

Exxon, Eni Award EPC, FEED Contracts To Revive Mozambique’s LNG Ambitions

While liquefied natural gas (LNG) projects in Mozambique seem to have stalled since TotalEnergies declared force majeure in April 2021 on its $20-billion Mozamb…

Oil & Gas Trade

QatarEnergy to Acquire 23 Percent Stake in Block Offshore Egypt

Chevron Corp. has agreed to sell a 23 percent interest in the North El-Dabaa (H4) Block on the Egyptian side of the Mediterranean Sea to QatarEnergy.This agreem…

Oil&Gas Drilling

North America Loses More Rigs

North America dropped six rigs week on week, according to Baker Hughes’ latest rotary rig count, which was released on November 8.Although the total U.S. …

Oil & Gas Trade

Devon Raises 2024 Projected Production

United States producer Devon Energy Corp. has bumped up its output guidance for 2024 to between 811,000 and 830,000 barrels of oil equivalent a day (boed), supp…

Carbon Emissions

Fossil Fuel CO2 Emissions Increase Again in 2024

Global carbon emissions from fossil fuels have reached a record high in 2024, according to new research by the Global Carbon Project science team.The 2024 Globa…

Power Construction

Duke Energy Misses Expectations As Storms Hit Earnings

Power and gas utility Duke Energy Corp. has reported $1.24 billion in adjusted net income for the third quarter, down from $1.49 billion for the same three-mont…

Wind Farm

Octopus Energy Surpasses $2 Billion Offshore Wind Investment in 2 Years

Octopus Energy’s generation arm surpasses $2 billion of offshore wind investments in two years, as it accelerates the roll-out of offshore wind globally.L…

Wind Farm

Octopus Energy & Idris Elba Kick off Sierra Leone’s First Wind Farm

Octopus Energy’s generation arm, in partnership with Idris Elba, has kicked off its first renewables project in Africa, a pioneering wind farm on Sherbro …

Oil & Gas Technology

ADNOC Announces Launch Of Agentic AI Solution

In a release sent to Rigzone by the ADNOC team recently, ADNOC announced the launch of ENERGYai, which it describes as the world’s first of its kind custo…

Electric Vehicle Charging

Ontario Building More Electric Vehicle Charging Stations

The Ontario government is building over 1,300 new electric vehicle (EV) charging ports in small and medium-sized communities, marking a major milestone in the p…

Oil Price

Oil Prices Rangebound Amid Weak Demand Outlook

Oil held near November lows, settling near $68 a barrel, as increasingly bearish fundamentals capped the session’s gain.In the physical market, a key supp…

Battery

Capcora Advises Terra One on BESS Sale to Castleton Commodities International

Terra One Climate Solutions GmbH, a pioneer in grid scale battery energy storage systems (BESS) in Germany, has announced an agreement to sell a 310 MW portfoli…

Wind Turbine

Nordex Receives Order for More Than 100 MW of Wind Power in Canada

Nordex has received another order from Canada. The Group will supply 19 N163/5.X wind turbines to a Canadian wind farm developer and operator for a wind farm in…

Wind Farm

Major Milestone Reached for 1GW Wind Farm in Kazakhstan

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and its partners, have reached a significant milestone in the deve…

Wind Turbine

Iberdrola Seals a Wind Energy Agreement Worth More Than 1 Billion Euros With Siemens Gamesa in the United Kingdom

Huge boost for UK manufacturing, with blades for the 64 wind turbines to be manufactured in Siemens Gamesa’s Hull factory, which provides 1,300 local jobs…