Ormat

Decarbonization

Oil, Gas Companies Told To Cut Emissions By One-third Under Planned Cap

Oil and gas producers in Canada will be required to cut greenhouse gas emissions by about one-third over the next eight years under new regulations being publis…

United Arab Emirates

ADNOC, Masdar and Microsoft jointly publish new report Powering Possible: AI and Energy for a Sustainable Future

ADNOC, Masdar and Microsoft have jointly published a new report titled Powering Possible: AI and Energy for a Sustainable Future exploring the transformative po…

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…

Crude Oil

U.S. Crude Oil Stockpiles Fall Unexpectedly

U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record …

Oil&Gas Drilling

Exxon Seeks Buyers for Portion of Assets in North Dakota’s Bakken Shale

Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustrationTop U.S. oil producer Exxon Mobil Corp (XOM.N), plans to sell a port…

Geothermal Power Project

Saipem Signs Agreement With Ignis, Geolog to Explore Innovative Geothermal Solutions

Italian engineering and oilfield services company Saipem has signed a Memorandum of Understanding to explore innovative solutions for the development of geother…

Biofuel

EIA: Densified Biomass Fuel Production at 910,000 Tons in June

SOURCE: U.S. Energy Information AdministrationU.S. manufacturers produced approximately 910,000 tons of densified biomass fuels in June, according to the Septem…

Solar Inverter

SMR Solar Launches Restructuring Plan to Save up to €200 Million

SMA Solar Technology AG has launched a group-wide restructuring and transformation program. The board hopes to achieve cost savings of an estimated €150 mi…

Electricity Transmission

Australia Signs Deal to Boost Electrification Across Act

This will also support the transition to clean energy sources.Australia’s federal and the Australian Capital Territory (ACT) governments have signed a Ren…

Oil&Gas Drilling

Pembina Gas Infrastructure to Acquire Four Oil Batteries in Alberta From Veren for $295M

Veren to divest four oil batteries in the Montney Formation to Pembina Gas Infrastructure. (Credit: John R Perry from Pixabay)Pembina Gas Infrastructure (PGI) h…

Geothermal Power Project

RFI– Transformative Technologies for Superhot Geothermal Power

test of the IDDP-1 well at Krafla, Iceland (source: Kristján Einarsson)The U.S. Department of Energy (US DOE) and the Advanced Research Projects Agency&n…

Electricity Transmission

Argentina’s Pampa Energia Raises More Than $400 Mln to Accelerate Vaca Muerta Drive

Argentine natural gas producer Pampa Energia announced a debt issuance of $410 million on Friday, signaling investor confidence in the company as it expands ope…

Energy&Power

OGA 2024 to Gather Industry Leaders, Policymakers, and Innovators

The 20th Anniversary Edition of Oil & Gas Asia (OGA) takes place on 25-27 September 2024, at the Kuala Lumpur Convention Centre, bringing together industry lead…

Oil & Gas Trade

Iraq’s Oil Exports to US Surpass 46 Million Barrels in Six Months

Baghdad (IraqiNews.com) – In the first half of 2024, Iraq exported more than 46 million barrels of crude oil to the US, according to a report released on Wedne…

Solar project

Adani Green and Totalenergies Form Joint Venture for Khavda Solar Projects

Adani Green Energy Limited (AGEL) and TotalEnergies have announced the formation of a joint venture (JV), equally owned by both partners, to manage a portfolio …