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Oil Price
Oil Major BP Posts 70% Drop In Second-Quarter Profit, Raises Dividend by 10%
Oil major BP on Tuesday reported a nearly 70% year-on-year drop in second-quarter profits on the back of weaker fossil fuel prices, echoing a trend observed acr…
Hydropower Plant
NY Governor Announces Economic Development, Niagara Hydropower Awards
Governor Kathy Hochul announced that the New York Power Authority Board of Trustees approved economic development awards under the ReCharge NY program to 21 fir…
Wind Farm
China's Installed Capacity of Renewable Energy Hits 1.32 Bln KW
China’s installed capacity of renewable energy hit 1.32 billion kilowatts by the end of June, exceeding the coal-fired power generating capacity, accordin…
Wind Turbine
Six Giant Wind Turbines Installed in Swiss Town to Boost Renewable Energy
Six massive wind turbines were recently erected in the town of Sainte-Croix, Switzerland, near the French border. The turbines, assembled by Germany’s Ene…
Photovoltaic (PV)
PAD RES to Build Two Photovoltaic Farms (PL)
PAD RES will build two photovoltaic farms in the Pomeranian Voivodeship near the towns of Sztum and Mikołajki Pomorskie. These projects will have a total capac…
Hydrogen Production
The Green Gold Rush: Rising Investments in Geologic Hydrogen
Recently, we reported on a discovery in France that unearthed a massive geologic natural hydrogen deposit in the Lorraine region, a find that could have substan…
Renewable Energy
Capital Energy to Sell $1 Billion Renewable Energy Portfolio, Sources Say
Power-generating windmill turbines are pictured at a wind park in the Serra da Capelada, near Ferrol, Galicia, Spain April 13, 2023. REUTERS/Nacho Doce/File Pho…
Natural Gas
Eni’s Profit Cut Nearly in Half but Progress Made on Enlarging Natural Gas Portion of Global Portfolio
Italy’s energy giant Eni has revealed solid performance in the second quarter and the first half of 2023, despite its results being affected by a steep dr…
Coal Trade
Global Coal Demand Set to Remain at Record Levels in 2023
Global coal consumption climbed to a new all-time high in 2022 and will stay near that record level this year as strong growth in Asia for both power generation…
Tidal Energy
US DOE Invests Nearly $10 Million to Propel Marine Energy Advancements
The US Department of Energy (DOE) has recently unveiled a significant investment of nearly $10 million directed towards seven projects aimed at accelerating the…
LNG
Nearly 70 Ports Offer Bio-Lng Bunkers
Ships can now bunker bio-LNG at almost seventy ports worldwide, including Singapore, Rotterdam and the US east coast, according to SEA-LNG.A total of 355 LNG-fu…
Electric Vehicles
Used Tesla Model 3 Listed With a Wild $150,000 Price Tag
Tesla has been lowering prices for most of this year but now there is a used Tesla Model 3 with nearly 6,000 km that has a wild asking price of $150,000.This is…
Energy Saving
US Launches $8.5 Billion in Rebates for Home Energy Efficiency
Fields of heliostat mirrors reflect sunlight onto a boiler mounted on a solar power tower at the Ivanpah Solar Electric Generating System, the world’s lar…
Japan
Nearly 20% of Japan's solar farms face landslide risk
Nearly a fifth of solar farms built in Japan are located in areas deemed to beat risk for landslides, a Nikkei study shows, underscoring the need for rigorousmo…
Thermal Plant
NV Energy Seeks $1.8b to Replace Last Coal Plant
NV Energy is committing to shutting down its last coal plant by 2025, the utility announced Wednesday, and will spend nearly $2 billion to do it.The news comes …
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