Rte

Energy Storage Project

Q4 2023 Sees Largest Quarterly Increase in Battery Energy Storage

Energy research consultancy Modo Energy has confirmed that Q4 2023 saw 420MW of new battery energy storage capacity become commercially operational.This new cap…

Oil & Gas Trade

Talos Energy to Acquire Quarternorth Energy for $1.29 Bln

Oil and gas company Talos Energy (TALO.N) said on Monday it will acquire privately held QuarterNorth Energy in a $1.29 billion cash and stock deal to bolster it…

Electric Vehicles

LG Electronics Just Opened Its First US EV Charger Factory

LG Electronics just launched its first EV charger factory in the US, and it has an annual capacity of 12,000 units.The new 100,000-square-foot EV charger factor…

Crude Oil

Totalenergies Restarts Port Arthur, Texas, Crude Units -Sources

TotalEnergies (TTEF.PA) on Friday restarted the large crude distillation unit (CDU) and large vacuum distillation unit (VDU) at its 238,000 barrel-per-day (bpd)…

LNG Carrier

FLNG's Arrival Marks 'Major' Step Toward First Gas From BP's Giant Project

UK-headquartered energy giant BP has welcomed the arrival of a floating liquefied natural gas (FLNG) unit destined for its Greater Tortue Ahmeyim (GTA) liquefie…

Biofuel

Veolia Aims for 50% Increase in Green Energy Production

A logo on the windows of the Veolia Environnement headquarters in Paris, France, February 9, 2022. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsVeo…

Green Hydrogen

Japan's Eneos Invests Into US Clean Hydrogen Company

The logo of Eneos Holdings and Eneos Corporation is displayed at the company headquarters in Tokyo, Japan August 20, 2020. Picture taken August 20, 2020. REUTER…

Renewable Energy

Globalink | Swiss Tech Giant ABB Vows to Continue Investing in China

"ABB has been here for many years, but we are also here to stay in the future." Morten Wierod, President of ABB Electrification, said ABB will continue investin…

Nuclear Power Plant (NPP)

Japan's Hokuriku Elec Reports Second Oil Leak From Shika Nuclear Plant

Japan's Hokuriku Electric Power (9505.T) on Wednesday reported a second oil leak at its Shika nuclear power station which was shaken by a powerful earthquak…

Rooftop Solar

Australia's Rooftop PV Additions Hit 3.17 GW in 2023

New figures from market research firm Sunwiz show that Australians installed 921 MW of new solar on rooftops in the fourth quarter of 2023.SunWiz said residenti…

LNG

Portugal's Galp Seeks to Join Formal Complaint Against US LNG Exporter

Galp Energia logo and stock graph are seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Right…

LNG

KN Takes Over Commercial Management of Four German LNG Terminals

Lithuanian energy terminal operator Klaipedos Nafta (KN) has secured the public tender for the commercial management of four German liquefied natural gas (LNG) …

Oil & Gas Trade

Shell Flags Q4 Writedown of up to $4.5 Billion, Mainly on Singapore Assets

General view of a Shell petrol station sign, in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers/File Photo Acquire Licensing RightsShell (SHEL.L)…

India

Oil Slips on Large Saudi Arabian Price Cuts and Rising OPEC Output

Picture: REUTERSNew Delhi — Oil prices fell more than 1% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in Opec output, offsetting worri…

Energy Storage Project

Benchmark: Morocco Set to Become a Key Cathode Producer With $700+M of Announced Investments by Chinese Companies

Morocco is set to become a key cathode producer following more than $700 million of announced investments by Chinese companies in the country, according to Benc…