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Oil & Gas Trade

Canada’s Pieridae Energy Shuts-in Production Amid Low Natgas Prices

Canadian energy company Pieridae Energy (PEA.TO), opens new tab said on Thursday it has shut-in the production of about 6,250 barrels of oil equivalent per day …

Oil & Gas Trade

With First FLNG Unit Online, US Player Gets Hold of $700 Million Loan to Build Second One

U.S. energy infrastructure player New Fortress Energy (NFE) has secured a $700 million loan to cover its construction costs for a second floating liquefied natu…

Solar project

Schroders Greencoat Acquires 110MWP UK Solar Portfolio

The portfolio comprises three operational solar assets. Credit: vvaldmann / Shutterstock.Schroders Greencoat, the renewables and energy transition infrastructur…

Renewable Energy

China, Russia Agree to Further Expand Investment, Energy Cooperation

Chinese Vice Premier Ding Xuexiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, reads a c…

Offshore Substation

All Inter-Array Cables in Place at First Dogger Bank Wind Farm Phase

Delivery partners have completed the installation of over 328 kilometres of 66 kV inter-array cables for Dogger Bank A, the first phase of the UK’s Dogger…

Offshore Wind Power

Sulmara Secures NZTC Funding to Push for Further Offshore Decarbonisation

Subsea specialist Sulmara has been awarded funding by the Net Zero Technology Centre (NZTC) to develop an over-the-horizon (OTH) uncrewed surface vessel (USV) w…

Solar Power Plant

Clearway Begins Construction on 200 MW Solar, 113.5 MW Storage Projects in California

Daggett Solar + Storage (Credit: Clearway Energy Group)Clearway Energy Group announced it closed more than $700 million in construction financing and has begun …

Solar project

Schroders Greencoat Acquires 110MW UK Solar Portfolio

After the transaction, Greencoat’s operating solar portfolio totals approximately 1.9GWp. Image: BayWa (Schroders Greencoat).Schroders Greencoat, Schroder…

Carbon Emissions

South Africa Passes Its First Sweeping Climate Change Law

The retired coal-fired Komati Power Station Is seen near Komati village, in the Mpumalanga province in South Africa, May 9, 2024. REUTERS/Siphiwe Sibeko/File Ph…

Crude Oil

Oil Prices Rise as US Crude and Fuel Inventories Seen Shrinking

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/file photo Purchase Licensing RightsFalling U.S. cr…

Offshore Wind Power

Britain’s Crown Estate Post Record Profits on Offshore Wind Licenses

Britain’s Crown Estate, which manages King Charles' public property, posted a record profit for 2023/24 of 1.1 billion pounds ($1.42 billion), boosted…

SMR

Korean, US Partnership to Study Maritime SMRs

The American Bureau of Shipping (ABS) and the Korea Ship & Offshore Plant Research Institute (KRISO) are collaborating to advance the commercialisation of small…

Offshore Wind Power

Van Oord to Collaborate With German Company for Baltica 2 Offshore Wind Farm

Germany-headquartered SAL Heavy Lift has signed contracts with Van Oord to support the transportation and installation of secondary structures for the Baltica 2…

Offshore Wind Power

CPUC Proposes 7.6 GW of Offshore Wind Over the Next Decade

(Courtesy: Paul Langrock, offshorewindca.org)It’s no secret that massive renewable energy projects, especially offshore wind ventures, take some time to constr…

Solar Panel

More Than 1,300 Customers Enrolled in Duke Energy’s New Solar and Storage Incentive Program

(Photo by Joe DelNero /NREL)Duke Energy has enrolled more than 1,300 customers in North Carolina in its new PowerPair pilot, a one-time incentive-based program …