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Oil Price

Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out

Storage tanks at the BP Plc Cherry Point Refinery near Blaine, Washington, U.S., on Friday, Nov. 19, 2021. Total U.S. oil stockpiles, including commercial inven…

Combined Heat and Power

Australia’s First Manufacturing Facility Fully Powered By Renewable Energy

After a multi-year collaboration with us, Mars has announced a renewable energy milestone. Mars Petcare facility at Wodonga (Mars Wodonga) in Victoria will beco…

Wind Farm

Port Of Tyne Supports Construction Of World’s Largest Wind Farm

A significant milestone has been reached in the construction of Sofia, the world’s largest offshore wind farm, with the Port of Tyne playing an integral r…

Hydrogen Project

Ge Vernova To Supply Gas Turbine For YTL Powerseraya’s Hydrogen-ready Power Plant In Singapore

GE Vernova has secured a contract to supply its 9HA.01 gas turbine for YTL PowerSeraya’s new 600MW hydrogen-capable combined cycle gas turbine (CCGT) powe…

Battery

LG Energy Solution Announces ESS Revenue Growth, New Products

LG Energy Solution has recorded third-quarter 2024 consolidated revenue of KRW 22.18 trillion ($323 million) and an operating profit of KRW 751.9 billion, inclu…

Oil Price

BP Beats Estimates Despite Lower Oil Prices

FTSE 100 oil giant BP has reported strong-than-expected earnings for the third quarter.On Tuesday, it posted an underlying replacement cost profit, used as a pr…

Biofuel

Cargill, Bunge Slow Soybean Buying on Stalled US Biofuels Policy

Agriculture giants including Cargill Inc. and Bunge Global SA are slowing their buying of soybeans due to uncertainty over US biofuels policy.The lack of guidan…

Oil Price

Oil Steadies After 6% Plunge With Focus on Mideast Risk, US Data

Oil steadied — after tumbling the most in more than two years on Monday — as the market focused on the prospect for easing hostilities in the Middle East and …

China

China’s Cobalt King Hits Output Goal Months Ahead of Schedule

The world’s No. 1 cobalt miner smashed through its full-year output target last quarter after a speedy ramp-up that’s piled pressure on global price…

Solar project

How American Tax Breaks Brought a Chinese Solar Energy Giant to Ohio

From the outside, these are the hallmarks of the 21st century clean energy manufacturing boom promised by the Biden administration, the result of sweeping incen…

Electricity Trade

UK's Energy Industry Divided in Battle for Free Electricity

A proposal to divide up the UK power market and unleash free electricity in the windiest parts of the nation is turning into a bitter fight between its biggest …

India

JSW Group, Posco To Build 5 Million Tons Steel Factory In India

JSW Group and South Korea’s Posco Group will build an integrated steel factory in India with an initial capacity of 5 million tons a year.The two groups s…

Hydrogen Project

Hyzon Motors Launches North America’s First Hydrogen-Powered Refuse Fleet

In a significant stride towards sustainable waste management, Hyzon Motors (HYZN) has announced the development of North America’s first fleet of hydrogen…

France

QatarEnergy Takes 50% Stake In TotalEnergies Solar Project In Iraq

QatarEnergy, one of the world's top suppliers of liquefied natural gas, said on Monday it had agreed to take a 50% stake in TotalEnergies' 1.25-gigawatt…

Battery

Galp In No Rush To Invest In Lithium Refinery With Northvolt

Portuguese energy company Galp (GALP.LS), is in no rush to make a final investment decision (FID) to build a battery-grade lithium refinery in Portugal amid cha…