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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…

Nuclear Power Plant (NPP)

Alberta, Saskatchewan to Cooperate on Nuclear Energy 03 May 2024

The governments of the Canadian provinces of Alberta and Saskatchewan have signed a memorandum of understanding to advance the development of nuclear power gene…

Offshore Wind Power

Wind Generation Declined in 2023 for the First Time Since the 1990s

U.S. electricity generation from wind turbines decreased for the first time since the mid-1990s in 2023 despite the addition of 6.2 gigawatts (GW) of new wind c…

Biofuel

EIA: Densified Biomass Fuel Production at 830,000 Tons in January

U.S. manufacturers produced approximately 830,000 tons of densified biomass fuels in January, according to the April edition of the U.S. Energy Information Admi…

Offshore Wind Power

Ørsted Picks RTS Wind for Wind Turbine Blade Services

Specialist wind turbine services provider, RTS Wind, has secured two framework agreements for the provision of blade services for Ørsted.Credit: Ø…

Wind Turbine

Skanska Wins USD 861 Million Offshore Wind Port Contract in USA

Sweden-headquartered construction and development company Skanska has won a contract worth USD 861 million to transform the 73-acre South Brooklyn Marine Termin…

Geothermal Power Project

Vulcan Energy Signs MoU With ABB for Germany Geothermal Lithium Project

ABB signs MOU with Vulcan Energy to support the Zero Carbon Lithium project in Germany (source: ABB)Multi-industry technology company ABB has signed a Memorandu…

Geothermal Power Project

CTR to Receive $30 Million Tax Credit From California to Support Geothermal Lithium Project

Controlled Thermal Resources CEO Rod Colwell and California Governor Gavin Newsom at the project site of CTR in Imperial County (source: Governor Newsom via Twi…