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Decarbonization

UK Backs Green Shipping Corridor Projects With Fresh Funding

The UK Government has decided to award funds for new green shipping corridor projects that could boost the use of sustainable fuels, secure more green jobs, and…

Oil & Gas Trade

Eurozone Industry Makes Gains Ahead of ECB Meeting

Eurozone industry rebounded in August, offering a ray of optimism for the beleaguered factory sector as European Central Bank policymakers prime to cut interest…

Offshore Wind Power

Dominion Energy Plans to Add 3.4 GW of New Offshore Wind

In its 2024 Integrated Resource Plan (IRP) filed with the Virginia State Corporation Commission (SCC) and the North Carolina Utilities Commission (NCUC), Domini…

Oil & Gas Trade

Energy & Utilities Roundup: Market Talk

1506 ET – Oil futures settle higher in a day of ups and downs. The EIA reported an unexpected weekly crude stock draw, with lower imports offsetting an in…

Oil&Gas Drilling

Totalenergies Expects Continued Refining Weakness, Lower Hydrocarbon Production

TotalEnergies TTE 0.76%increase; green up pointing triangle said continued pressure on refining margins would take a toll on its downstream results for the thir…

CCS

MOL to Investigate Ship Transportation of LCO2 for Kyushu West Offshore CCS Project

As informed, the research is commissioned by the Japan Organization for Metals and Energy Security (JOGMEC) as the Engineering Design Work for Advanced CCS Proj…

Nuclear Reactor

Google Signs Deal With Kairos for 500MW Nuclear Projects by 2035

Nuclear ProjectsGoogle has signed a master plant development agreement with Kairos Power to generate clean energy for its AI data centres using small modular nu…

Distributed energy

Masdar and Presight to Launch AI Global Asset Management Tool

UAE-based Masdar has teamed up with Presight to create an AI-based asset management tool to manage its renewable energy projects globally.The partnership aims t…

United States

Constellation Orders $100 Million Transformer for Three Mile Island Restart

Constellation Energy (CEG.O),has ordered a main power transformer for the Three Mile Island nuclear reactor it is attempting to restart in Pennsylvania, pushing…

Germany

Germany Earmarks $3 Billion for Decarbonisation Subsidies

Germany's Economy and Climate Minister Robert Habeck holds a press conference about the autumn economic projectionThe German government has earmarked up to …

Oil & Gas Trade

Conocophillips Seeks to Keep Priority as Creditor in Citgo Auction

ConocoPhillips (COP.N), has filed a court motion to preserve the U.S. oil producer's almost top priority among Citgo Petroleum creditors to cash proceeds fr…

Oil & Gas Trade

TotalEnergies Expects Lower Q3 Results Amid Outages, Shrinking Refining Margins

French oil major TotalEnergies (TTEF.PA), opens new tab expects its third-quarter downstream results to sharply decrease due to a 65% drop in refining margins i…

Hydropower Plant

President Museveni Inaugurates Karuma, Uganda’s Largest Power Plant

Located on the Kyoga Nile RiverPresident Yoweri Museveni has officially inaugurated the Karuma hydropower plant, Uganda’s largest power generation facilit…

Hydrogen Project

Hydrogen Technology Expo to Showcase Latest Innovations

Hydrogen Technology Expo – key networking eventHamburg is gearing up to debut the leading Hydrogen Technology Expo from October 23-24, 2024. More than 300…

Biofuel

DHL and Formula 1 take flight with SAF

Vertex Energy Inc. on Oct. 9 confirmed that its refinery in Mobile, Alabama, is again producing fossil-based fuels. The company, however, confirmed that it has …