Port

Wave Energy

Eco Wave Power Kicks off First Mw-Scale Wave Energy Project in Portugal

Inna Braverman during the site visit to the underwater gallery, which will be used for the installation of wave energy conversion units. Image courtesy Eco Wave…

Offshore Wind Power

Tokyo Gas to Buy 21% Stake in Portugal’s Floating Offshore Wind Farm

Japan's largest city gas provider Tokyo Gas (9531.T), opens new tab said on Tuesday it will buy a 21.2% stake in the WindFloat Atlantic operational floating…

Crude Oil

EIA Sees Tighter US Oil Market for 2024, Lowers Price Outlook

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB…

Oil & Gas Technology

Mitsubishi Power Receives Gas and Steam Turbine Orders for 500MW Combined Cycle Power Plant in Sarawak, Malaysia

- Mitsubishi Power will supply a M701F gas turbine capable of 30% hydrogen co-firing to the 500MW GTCC facility, with planned operational commencement in 2027.-…

Renewable Energy

Singapore’s Sembcorp Plans to Invest $528 Mln in Green Energy Drive

Sembcorp Industries (SCIL.SI), opens new tab said on Tuesday that it would invest S$700 million ($528.5 million) in its green energy initiatives as the Temasek-…

EVTOL

CATL Is Investing Hundreds of Millions of Dollars in eVTOL Developer Autoflight

Prominent eVTOL developer AutoFlight has announced the signing of a strategic cooperation agreement with battery behemoth CATL in which the latter will invest h…

Wave Energy

DOE Announces Notice of Intent for $112.5 Million Funding Opportunity in Wave Energy Development

The US Department of Energy’s Water Power Technologies Office issued a notice of intent to provide up to $112.5 million in funding to advance wave energy …

Offshore Wind Power

Polish Company to Prepare Conceptual Design for PGE’s Third Baltica Offshore Wind Project

PGE Group has contracted Polish company Energoprojekt-Katowice to prepare a conceptual design for the Baltica 1 offshore wind farm.PGE BalticaThe 900 MW Baltica…

Offshore Wind Power

EIB Loans Haizea Wind Group €35M for Advanced Wind Manufacturing

Image credit: Haizea Wind GroupThe European Investment Bank (EIB) and Haizea Wind Group, a Spanish company specialising in the manufacture of components for the…

Hydrogen Project

BP to Acquire 49% Stake in Hyport Duqm Green Hydrogen Project, Oman

BP to become an equity partner and operator in the HYPORT Duqm green hydrogen project in Oman. (Credit: DEME)BP has entered into an agreement with DEME and Oman…

LNG

Exxonmobil, Qatarenergy Delay $10 Billion Golden Pass LNG Following Zachry Bankruptcy

Exxon Mobil Corp. and QatarEnergy delayed the start of a $10 billion natural gas export project in Texas to the end of next year after lead contractor Zachry Ho…

Floating Offshore Wind

UK Ports and Fibremax Sign Floating Offshore Wind MoU

Associated British Ports (ABP) and Dutch synthetic mooring solutions provider, FibreMax, have signed a Memorandum of Understanding (MoU) to investigate developm…

Energy Storage Project

OX2 Divests Finnish Battery Storage to L&G NTR Clean Power Fund

OX2’s energy storage portfolio totals 1GW. Credit: r.classen / Shutterstock.OX2 has agreed to sell a substantial battery energy storage system project in …

Oil & Gas Supply

Russia’s August Western Port Oil Loadings to Rise 9% M/M, Sources Say

Model of natural gas pipeline and Lukoil logo, July 18, 2022. REUTERS/Dado Ruvic/Illustration/ File Photo Purchase Licensing RightsRussia will increase oil expo…

Hydropower Plant

France’s Engie Lifts Guidance for 2024 on Hydropower Boost

French utility Engie (ENGIE.PA), opens new tab reported a 16% fall in first-half earnings on Friday with higher hydropower volumes and strong demand for its fle…