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Oil & Gas Trade

MET Group Says New French Gas and Power Contracts Amount to 1.5 TWh/Year

Switzerland-based energy trader MET group said on Thursday its new portfolio in France following the takeover of Antargaz's gas and power deliveries would a…

LNG

Pertamina International Shipping (Pis) Partners Energy Trader BGN, Expanding Global Fleet of LPG Carriers

PIS has signed an agreement with BGN, a leader in global energy, in which the two companies outlined prospective collaborations that span joint ownership of Ver…

LNG

Trafigura Inks $400 Million Credit Facilities to Buy US LNG for European Customers

Commodities trading group Trafigura has entered into two revolving credit facilities for a total combined amount of $400 million, with insurance from the Export…

Dam

Iraq Plans to Build New Dams in 2024 to Tackle Drought and Water Scarcity

Iraq's Ministry of Water Resources has unveiled an ambitious plan to start construction of 36 new dams across the country in 2024, with the aim of mitigatin…

Biofuel

Report: UK's Biomass Electricity Generation Fell in 2022

Biomass continued to be the second largest source of renewable electricity in the U.K. last year, trailing only offshore and onshore wind, according to an annua…

Geothermal Power Plant

Geothermal Gets Near-Unanimous Support From German Parliament

Debate on geothermal energy at the German Bundestag (source: YouTube screenshot, Bundesverband Geothermie)Geothermal development in Germany has earned the suppo…

Geothermal Drilling

IGA and AGEOCOL Announce Geothermal Drilling Course in Bogota, Colombia

Registration is open for Geothermal Drilling: Combining Oil and Gas Technology with Geothermal Knowledge. This will be a two-day course on geothermal drilling t…

Solar Panel

Duke Energy Completes Sale of Commercial Distribution Generation Portfolio to Arclight

West Hawaii Civic Center (Credit: Duke Energy)Duke Energy announced it has completed the sale of its commercial distributed generation portfolio to an investmen…

Energy Storage Project

US Grid-Scale Energy Storage Installations Reach New Record in Q2 2023, Report Says

Powin's 50 MW/66.2 MWh battery storage project in Texas. (Courtesy: Powin)Across all segments of the industry, the U.S. energy storage market added 5,597 MW…

Oil Price

U.S. Natural Gas Prices Slip From Seven-Week High

Benchmark U.S. natural gas prices fell by 2% early on Friday.Thursday’s weekly gas storage report from the EIA was slightly on the bearish side, as net in…

Solar Panel

Statkraft Supplies Solar and Wind Power to Zeiss in Germany

Statkraft will supply 800 GWh of green electricity to German ZEISS sites over a period of eleven years. To achieve this, the companies have concluded several Po…

Hydrogen Fuel Vehicle

Daimler's GENH2 Truck Breaks Hydrogen Barrier

Daimler Truck, a pioneer in the transportation industry, has achieved a remarkable feat that signals a bright future for green, hydrogen-powered long-haul road …

Nuclear Power Plant (NPP)

IEA Sees Greater Role for Nuclear in Attaining Net-Zero by 2050

In an update to its Net Zero Roadmap, published in 2021, the International Energy Agency (IEA) says the role of nuclear power has been revised upwards given rec…

Solar Panel

Boost in Solar Energy and Electric Vehicle Sales Gives Hope for Climate Goals, Report Says

FILE - Even Berrios, left, and Nicholas Hartnett, owner of Pure Power Solar, install a solar panel on the roof of a home in Frankfort, Ky., July 17, 2023. The w…

Microgrid

$12 Trillion to Be Spent on Renewables and Grid in US and Canada by 2050, Report Says

Federal and household spending on energy in the U.S. and Canada will drop sharply as the two countries reduce their reliance on fossil fuels, according to DNV&r…