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Geothermal Power Project
Zanskar Raises $30 Million to Support Ai-Led Geothermal Exploration Technology
Zanskar Geothermal and MineralsZanskar Geothermal & Minerals (Zanskar) has announced the closing of a $30 million funding round led by Obvious Ventures. This in…
Geothermal Heating Project
Copper Extraction Project in Arizona Aims to Harness Geothermal Heating
The Safford Mine Facility in Arizona (source: Los Angeles District USACE / flickr, Creative Commons)International metals company Freeport-McMoran is planning to…
Solar Panel
UK Power Networks Services Acquires 70-Asset Solar, Wind and Hydro Portfolio From Seeit
The portfolio comprises of solar, wind and hydro. Image: UKPN.UK Power Networks Services (UKPNS) has acquired UU Solar, securing a 70-asset solar, wind and hydr…
Oil & Gas Trade
ADNOC Gas Reports $6 Billion Revenue in Q1 2024 With Significant Natural Gas Project Milestones
According to a financial report, ADNOC Gas delivered robust Q1 2024 results, with revenues increasing by 15% year-on-year to $6 billion, underpinned by a strong…
Coal Trade
US Coal Exports to Rise, Production Declines
The U.S. Energy Information Administration revised its coal export forecast upwards, driven by stronger-than-expected February data and progress restoring acces…
Oil & Gas Trade
BP Q1 Profits Slump to $2.7 Billion, Missing Forecasts
BP (LON:BP) reported on Tuesday first-quarter earnings of $2.7 billion, down 40% from a year earlier and missing forecasts due to lower oil and gas prices and a…
Tidal Energy
How Much Tidal Energy Can Alaska's Electricity Grid Support?
(photo courtesy NREL)A report released by the National Renewable Energy Laboratory found that the existing power grid in Alaska known as the Railbelt can suppor…
Crude Oil
US Has Sufficient Oil Supply Reserve to Address Any Supply Concerns, Biden Adviser Says
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.…
Oil & Gas Trade
Russia Plans to Pipe 35 Bcm of Gas to China via Kazakhstan, Tass Reports
Russia plans to send some 35 billion cubic metres (bcm) of natural gas per year to China via Kazakhstan, the TASS news agency reported on Saturday citing Kazakh…
Oil Price
Oil Climbs After Saudi Arabia Hikes Prices
A view shows the Yan Dun Jiao 1 bulk carrier in the Vostochny container port in the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022…
Distributed Grid
Saudi Electricity Company Aligns Financing for Two Ipps Projects With 3.6 GW Combined Ccgt Capacity
For the first time since Moscow launched its full-scale attack on Ukraine more than two years ago, the EU is expected to aim its sanction bazooka at Russia&rsqu…
Oil & Gas Trade
Shell Smashes Forecasts With $7.7 Billion Quarterly Profit
Shell (SHEL.L), opens new tab reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian re…
LNG
LNG Producer Cheniere's Export Volumes Fuel Core Profit Beat
The logo of Houston-based liquefied natural gas company Cheniere seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 202…
United States
US Stands to Lose Canadian Natural Gas When LNG Canada Terminal Starts Up
The marine offloading facility at the LNG Canada site is pictured, in Kitimat, Canada, September 2022. LNG Canada/Handout/ File Photo Purchase Licensing RightsT…
Biofuel
Mubadala Capital Plans $13.5 Billion Biofuels Investment in Brazil, Financial Times Reports
Abu Dhabi's Mubadala Capital intends to invest about $13.5 billion on a major biofuels project in Brazil over the next decade, under broader plans for the c…
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