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Geothermal Power Plant
INGV, RSE to Collaborate on Geothermal Research in Italy
The National Institute of Geophysics and Volcanology (INGV) and Ricerca sul Sistema Energetico / Research of Energy Systems (RSE) have signed a memorandum of co…
Crude Oil
India Saved $25 Billion by Importing Russian Crude Oil: Ministry Data
Imports of petroleum products also saw a dip in terms of value from $28.2 billion in 2022-23 to $25.1 billion in 2023-24Russian crude supplies and lower interna…
Distributed Grid
Summer Power Prices Seen Surging for Texas, Falling in California
A general view of electric lines as demand for power surges during a period of hot weather in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare…
Oil & Gas Trade
BP Profit Slides by 40% as Refinery Outage Offsets Higher Output
BP's (BP.L), opens new tab first-quarter earnings plunged by 40% to $2.7 billion, missing forecasts after lower energy prices and a U.S. refinery outage off…
Oil & Gas Trade
BP Q1 Profits Slump to $2.7 Billion, Missing Forecasts
BP (LON:BP) reported on Tuesday first-quarter earnings of $2.7 billion, down 40% from a year earlier and missing forecasts due to lower oil and gas prices and a…
Natural Gas
US Natgas Prices up 3% to 14-Week High on Rising Demand for LNG Feedgas
A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019. REUTERS/Angus Mordant/Fi…
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…
Oil & Gas Trade
Brazil's Petrobras First Quarter Oil Production Rises by 4.4%
A general view of the tanks of Brazil's state-run Petrobras oil company following the announcement of updated fuel prices at at the Brazilian oil company Pe…
Photovoltaic (PV)
EDPR Starts Production of Two New Photovoltaic Projects in the Netherlands With More Than 25 MWp
By commissioning these photovoltaic projects, EDPR is progressing in its strategy of electrification through renewables and contributing to value creation by re…
Oil & Gas Trade
Earnings for Big Oil Backpedal as Natgas Prices Tumble
An aerial view of Exxon Mobil’s Beaumont oil refinery, which produces and packages Mobil 1 synthetic motor oil, in Beaumont, Texas, U.S., March 18, 2023. …
LNG
Japan Gas Association Expects Lng Prices to Rise, Tracking Oil, if Strait of Hormuz Blocked
Japan Gas Association members anticipate limited impact on their liquefied natural gas (LNG) procurement in the event of a blockade in the Strait of Hormuz, but…
Coal Trade
Pressure on Gas and LNG Prices to Help Switch From Coal, Says J.P. Morgan
An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File …
Oil & Gas Supply
Pakistan Refiners Warn $6 Bln Upgrades at Risk Due to Fuel Price Deregulation Plan
Pakistan's plans to deregulate fuel prices could lead refiners to halt planned upgrades worth up to $6 billion and force some refineries to close, some of t…
Oil Field
Namibia Racks up Another Major Offshore Oil Discovery
Galp saw its share price pop 20% on Monday.Galp says it conducted testing operations at the Mopane-1X well in January and the Mopane-2X well in March, with, "si…
Offshore Wind Power
Vestas Seeks to Hold onto Higher Wind Power Prices
Source: Bloomberg(Bloomberg) -- One of the world’s biggest wind turbine makers wants to hold onto recent price gains — rather than pass on savings — as …
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