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Rig
Oil&Gas Drilling
Chinese Company Awarded Exploration Rights to Five Hydrocarbon Blocks in Mozambique
Sixth block awarded to Italy’s ENI; first period of exploration expected to allow investments of around US$370 million, and opening of four wells in deep …
Energy Storage Project
Ontario Plunging Into Energy Storage as Electricity Supply Crunch Looms
Energy storage could change energy industry like ‘refrigeration changed the milk industry,’ says CEOOntario Minister of Children, Community and Soci…
Hydrogen Project
Germany to Import Green Hydrogen From Algeria Under Sonatrach, VNG Pact
VNG's CTO Hans-Joachim Polk (left) and Sonatrach executive Fethi Arabi (right) sign an MoU for green hydrogen partnership.December 21 (Renewables Now) - Ger…
Natural Gas
Storm Cuts U.S. Oil, Gas, Power Output, Sending Prices Higher
A driver makes their way through a flooded street at high tide during a winter storm in Gloucester, Massachusetts, U.S., December 23, 2022. REUTERS/Brian Snyder…
Energy Storage Battery
Origis Energy and Mitsubishi Power to Bring Battery Energy Storage Projects to the Southeast United States
Projects Will Add 600 Megawatt-Hours of Storage Capacity to Origis Solar SitesMIAMI and LAKE MARY, Fla., Dec 21, 2022 - (JCN Newswire) - Origis Energy, one of A…
Oil&Gas Drilling
Rig Workers Evacuated Following Issue On Noble Jack-up
Offshore drilling contractor Noble Corporation has evacuated all rig personnel after an issue was found on one of the legs of a Noble Corporation-owned jack-up …
Offshore Wind Power
New Zealand Gov’t Plans to Have Offshore Renewables Regulations In Place by 2024, Temporarily Halts Granting Oil Exploration Permits
Ensuring we have the right settings in place to encourage development of offshore renewable infrastructure will enable us to deliver net zero emissions by 2050.…
Offshore Wind Power
European Energy Firms Dominate Landmark California Offshore Wind Auction
The U.S. government's first-ever sale of offshore wind development rights off the coast of California drew $757.1 million in high bids, mainly from European com…
Offshore Wind Power
California Offshore Wind Sale Ends First Day With $400 Mln in High Bids
The United States' first sale of offshore wind development rights off the coast of California attracted more than $400 million in bids on Tuesday from companies…
United Kingdom
UK Could Add 1GW of Hydropower With Policy Support – Report
A report commissioned by the British Hydropower Association reveals hydropower can provide an additional 1GW of energy in the UK under the right policy framewor…
Italy
New Italian Government’s Budget to Boost Spending to Fight Energy Crisis
Italy's new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on curbing the imp…
Electric Car
GM EV Unit BrightDrop Expects $1 Billion in 2023 Revenue, Mass Production of All-Electric Delivery Vans to Start in December
BrightDrop, GM’s EV subsidiary, is forecasting $1 billion in revenue for 2023, its first revenue disclosure which came during GM’s annual investor day on Thur…
Energy Transition
Brookfield Bets $11.8 Billion on Australia’s Energy Transition
Brookfield Asset Management has led a consortium that looks set to acquire Australian utility Origin Energy for some $11.8 billion, a move that is seen as a way…
Electric Car
COP27: U.S. In Talks With EU on Electric Car Tax Credits
The United States is listening to the concerns of European counterparts about the trade tensions triggered by the Biden administration's clean vehicle subsidies…
Net Zero Emission
UK Government Boosts Hydrogen Buses With £26m
Wrightbus has secured the funding, as it looks to build 3,000 zero-emission buses.
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