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Offshore Wind Power
UK Can Meet 2030 Clean Power Target With Less Wind Than Promised
The UK has a narrow pathway to achieve the government’s goal of a clean power grid by 2030, and it may not need as much offshore wind as promised to get t…
Oil Price
Exxonmobil’s Q3 2024 Net Income Drops By 5% To $8.6bn
ExxonMobil has reported a net income of $8.61bn for the third quarter of 2024 (Q3 2024), down by 5.1% from $9.07bn recorded in the same period last year.In the …
Oil & Gas Trade
Exxon, Chevron Top Q3 Profit Expectations As Us Oil Output Hits Record High
U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil …
Oil & Gas Trade
New Offshore Platform Taps Into Potential Of Heavy-oil Reserves In China
The world's first mobile thermal-injection platform was recently delivered in China's Shandong province, offering new opportunities to tap into China…
Offshore Wind Power
RWE Secures Final Permit For 1.1gw Thor Offshore Wind Farm In Denmark
RWE has received the offshore construction permit for its 1.1GW Thor offshore wind farm in the Danish North Sea.Granted by the Danish Energy Agency, the approva…
Oil & Gas Trade
Shell Q3 Profits Of $6 Billion Beat Forecast As Gas Offsets Weak Refining
Shell reported on Thursday third quarter profits of $6 billion that exceeded forecast by 12% as weaker refining and oil trading results were offset by higher ga…
Solar Panel
First Solar Lowers Annual Sales Forecast, Posts Rise in Q3 Profit
U.S. solar panel maker First Solar lowered its sales forecast for the current year on Tuesday, even after reporting a rise in third-quarter profit helped by hig…
United States
US Governors Push Back on PJM After Record-High Power Plant Prices
A group of five governors on Tuesday urged PJM Interconnection, the largest U.S. grid operator, to change the process it uses to determine the price paid to pow…
Power Construction
Kenya Power Swings to Record Profit as Strong Currency Cuts Debt
Kenya Power and Lighting Co. posted a full-year profit thanks to a stronger local currency that softened its debt burden, sending the stock to a record high.Alm…
Battery
LG Energy Solution Announces ESS Revenue Growth, New Products
LG Energy Solution has recorded third-quarter 2024 consolidated revenue of KRW 22.18 trillion ($323 million) and an operating profit of KRW 751.9 billion, inclu…
Geothermal Power Plant
Mitsubishi Power Receives Order for Facility Retrofit at the Darajat Geothermal Power Plant in Indonesia
Darajat Geothermal Power PlantIntroduction of state-of-the-art steam turbine to increase power generation output by 8 MW compared to before the retrofit, to 129…
Geothermal Power Plant
Mitsubishi Power Receives Order for Facility Retrofit at the Darajat Geothermal Power Plant in Indonesia
Darajat Geothermal Power PlantIntroduction of state-of-the-art steam turbine to increase power generation output by 8 MW compared to before the retrofit, to 129…
Photovoltaic （PV）
Fonrich Successfully Completes Series A Funding of Several Million Dollars — Continuing to Build Safe and Intelligent New Energy Systems
Recently, Fonrich (Shanghai) New Energy Technology Co., Ltd. officially completedSeries A Funding of several million dollars, with Industrial Securities Capital…
Nuclear waste
How Cumbria Waste Repository Is Driving Safe And Sustainable Nuclear Waste Management
As director of Sites and Operations at the UK’s Nuclear Waste Services, Mike Pigott has a pivotal role, leading, directing, and controlling all activities…
Wind Turbine
BV: Regulatory Barriers Impede Widespread Uptake Of Wind Propulsion
Despite the promising progress of wind propulsion in shipping, its uptake remains hindered by regulatory barriers, technical challenges, and a lack of confidenc…
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