Nia

Energy Storage Project

Arevon Secures $258M for Peregrine Energy Storage Project in California

The project aims to enhance grid stability by storing electricity for use during peak demand or outages.Arevon Energy has finalized a $258 million financing pac…

Oil Price

Oil Prices Climb From 2-Month Lows as Trump Axes Chevron’s Venezuela License

Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024.Oil prices rose slightly on Thursday, recovering from tw…

Battery

E-Energija Begins Construction of Lithuanian BESS

E-energija Group has started building Lithuania’s largest battery energy storage system (BESS), known as the Vilnius BESS, with a capacity of 120MWh. Loca…

Coal-Fired Power Plants

Planned US Coal-Fired Power Retirements to Double in 2025, EIA Says

The downtown Los Angeles skyline is seen behind an electricity pylon at sunrise in Los Angeles, California, U.S. November 8, 2017.The U.S. Energy Information Ad…

Green Hydrogen

Catalonia Secures Million-Dollar State Subsidy for Two Green Hydrogen Projects

Minister for Ecological Transition, Sara AagesenThe Spanish government has approved €236 million in subsidies for two green hydrogen projects in Catalonia,…

Virtual power plants

California Bill Introduced to Mandate a VPP Implementation Plan

Assembly member John Harabedian of Pasadena introduced AB 740, legislation aimed at supporting virtual power plant (VPP) advancement in California.VPPs are a sy…

Crude Oil

US Refiners Mull Switch to Alternative Lighter Crudes Amid Trump Tariff Fears

U.S. flags are displayed at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022.Top U.S. refiners are poised to seek alternati…

Crude Oil

US Refiners Mull Switch to Alternative Lighter Crudes Amid Trump Tariff Fears

U.S. flags are displayed at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022.Top U.S. refiners are poised to seek alter…

Oil Refinery

OMV Petrom Starts Construction of Sustainable Fuels Production Unit at Petrobrazi Refinery

OMV Petrom S.A. (Bucharest, Romania) announced the start of construction for a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit at the…

Renewable Diesel

EIA: Consumption of Renewable Diesel Continues General Growth Trend on the US West Coast

Renewable diesel is increasingly replacing petroleum diesel on the U.S. West Coast, where state-level policies are attracting new production capacity and shipme…

Offshore Wind Power

Sumitomo Entering Estonian Offshore Wind Market With Liivi Bay Project Buy-in

Enefit Green has signed an agreement with Sumitomo Corporation to sell a 50 per cent stake in Liivi Offshore OÜ, the project company behind the Liivi Bay o…

Metal

Adriatic Metals Raises $50M to Fast-Track Vares Silver Project in Bosnia

The fund will support production growth at the Rupice Mine in Bosnia and Herzegovina.UK-based exploration and development company Adriatic Metals has received f…

Electric Vehicles

US EPA Submits Biden Approval of California EV Plan to Congress

The headquarters of the United States Environmental Protection Agency (EPA) in Washington, D.C., U.S., February 18, 2025.The U.S. Environmental Protection Agenc…

Ammonia

MITSUI E&S Commences Full-Scale Ammonia Testing

MITSUI E&S has initiated the testing phase for the groundbreaking world's first commercial two-stroke dual-fuel ammonia engine. The prototype, a MAN B&W 7S6…

Electric Vehicles

California Energy Commission Announces $55 Million in Funding to Build Out EV Charger Network

The Fast Charge California Project is a significant initiative aimed at accelerating the deployment of EV DC fast-charging stations across California. This proj…