Rte

Chevron, Exxon Post Record Quarterly Profits as Commodity Prices Boom
Exxon and Chevron posted record profits during the second quarter of 2022 as high commodity prices boosted operations, and as the oil giants kept spending in ch…
Energy Investment
Adnoc Distribution to Buy 50% Stake in TotalEnergies Egypt in Its Largest Investment
The acquisition, expected to be completed in the first quarter of 2023, marks the UAE company's entry into Arab world's most populous market
Shell Reports Record Profit of $11.5 Billion
Shell on Thursday reported a profit of $11.5 billion for the second quarter, beating expectations, lifted by strong refining profits and energy prices.
LNG
US Takes Over as World’s Largest LNG Exporter
LNG exports increased by 12% in the first half of 2022, averaging 11.2 billion cubic feet per day, compared with the second half of 2021
Solar Power Panel
First Solar Receives 500 MW Order From Akuo
First Solar has announced that Akuo, a Paris-headquartered independent global renewable energy producer and developer, has placed an order for 500 MWDC of respo…
Rooftop PV System
Ferrari Revs up Renewables With Solar on Roof of Headquarters
Ferrari has announced that its new solar photovoltaic system to be built on the roofs of its Maranello factory buildings is officially underway.
Australia
Australia’s Westpac to Slash Lending to Coal, Oil Companies by 2030
Australia's Westpac Banking Corp unveiled its plans on Wednesday to reduce lending to coal, oil and gas companies by nearly a quarter by 2030, joining its peers…
Energy Storage Battery
Equinor Buys US Battery Storage Developer East Point Energy
Headquartered in Charlottesville, Virginia, the company has a 4.1GW pipeline of early to mid-stage battery storage projects focused on the US East Coast
Wave Energy
First Composite Hull for Corpower’s Wave Energy Converter
CorPower Ocean has teamed up with composite machinery specialist Autonational and composite tank firm CPT Tankwell to develop its first commercial-scale hull in…
Siemens Energy Bags DolWin4 and BorWin4 Grid Connection Contracts
European TSO Amprion Offshore GmbH has commissioned Siemens Energy to supply the necessary technology for the converter stations of the DolWin4 and BorWin4 grid…
Siemens Energy, Dragados Offshore Land Orders for North Sea Offshore Links
Siemens Energy AG and Dragados Offshore have been selected to build the converter stations at sea for the DolWin4 and BorWin4 offshore grid connections in the N…
Energy Storage Project
Construction Begins on One of the World’s Largest Solar + Battery Facilities
Norwegian renewable energy firm Scatec ASA has started construction of the three Kenhardt projects in the Northern Cape Province of South Africa.
Explosion, Fire Reported at Hoover Dam
A transformer exploded and caught fire at Hoover Dam in Nevada on July 19, according to local officials.
Energy Storage Battery
Battery Storage to Be a Quarter of Ireland’s Installed Capacity by 2030
Data from Cornwall Insight Ireland’s - ‘All-Island Power Market Outlook to 2030’ paper - has shown battery storage capacity will grow to become nearly a quar…
Energy Storage Battery
Dutch Battery Projects Combat Grid Bottleneck
Grid operator Liander and GIGA Storage, developers of large-scale battery systems, have started pilots in the Dutch cities Amsterdam, Alkmaar and Lelystad with …

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Rte

Chevron, Exxon Post Record Quarterly Profits as Commodity Prices Boom

Adnoc Distribution to Buy 50% Stake in TotalEnergies Egypt in Its Largest Investment

Shell Reports Record Profit of $11.5 Billion

US Takes Over as World’s Largest LNG Exporter

First Solar Receives 500 MW Order From Akuo

Ferrari Revs up Renewables With Solar on Roof of Headquarters

Australia’s Westpac to Slash Lending to Coal, Oil Companies by 2030

Equinor Buys US Battery Storage Developer East Point Energy

First Composite Hull for Corpower’s Wave Energy Converter

Siemens Energy Bags DolWin4 and BorWin4 Grid Connection Contracts

Siemens Energy, Dragados Offshore Land Orders for North Sea Offshore Links

Construction Begins on One of the World’s Largest Solar + Battery Facilities

Explosion, Fire Reported at Hoover Dam

Battery Storage to Be a Quarter of Ireland’s Installed Capacity by 2030

Dutch Battery Projects Combat Grid Bottleneck