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Oil & Gas Trade

Algeria to Cancel Gas Deliveries to Naturgy if Shares Sold to Another Company, Source Says

The logo of Spanish energy company "Naturgy" is seen in its headquarters in Madrid, Spain, April 16, 2024. REUTERS/Susana Vera/File Photo Purchase Licensing Rig…

Electric Vehicles

Elon Musk Reveals Tesla Software-Locked Cheapest Model Y, Offers 40-60 More Miles of Range

Elon Musk has revealed that Tesla software-locked its cheapest Model Y (Standard Range RWD), and it plans to offer 40 to 60 more miles of range for $1,500-$2,00…

Oil & Gas Trade

Russia Plans to Pipe 35 Bcm of Gas to China via Kazakhstan, Tass Reports

Russia plans to send some 35 billion cubic metres (bcm) of natural gas per year to China via Kazakhstan, the TASS news agency reported on Saturday citing Kazakh…

Distributed Grid

Saudi Electricity Company Aligns Financing for Two Ipps Projects With 3.6 GW Combined Ccgt Capacity

For the first time since Moscow launched its full-scale attack on Ukraine more than two years ago, the EU is expected to aim its sanction bazooka at Russia&rsqu…

Oil&Gas Drilling

Egyptian Oil & Gas Firm Books Jack-up Rig on 21-Month Drilling Gig in Gulf of Suez

ADES Holding Company, part of Saudi Arabia-headquartered oil and gas drilling services provider ADES Group, has secured a new drilling assignment for one of its…

Geothermal Drilling

Geothermal Research Drilling Commences in North Brabant, Netherlands

Drilling at the Krukweg location in Heijningen, North Brabant, Netherlands (source: SCAN)A research drilling campaign has started at the first of three sites ac…

Oil & Gas Supply

Abu Dhabi's ADNOC Says Oil Production Capacity Reaches 4.85 Million Bpd

A general view ADNOC Headquarters lit up in the colours of the Russian flag in solidarity with Russia after a deadly attack at a Moscow concert venue, in Abu Dh…

Oil & Gas Trade

Shell Smashes Forecasts With $7.7 Billion Quarterly Profit

Shell (SHEL.L), opens new tab reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian re…

Oil & Gas Trade

Occidental Explores Sale of Permian Assets Worth Over $1 Billion, Sources Say

The unstaffed lobby of the North Dakota regional headquarters of oil producer Occidental Petroleum Corp is seen in Dickinson, North Dakota in this October 14, 2…

Biofuel

Mubadala Capital Plans $13.5 Billion Biofuels Investment in Brazil, Financial Times Reports

Abu Dhabi's Mubadala Capital intends to invest about $13.5 billion on a major biofuels project in Brazil over the next decade, under broader plans for the c…

Biorefinery

Imperial Oil: Strathcona Biorefinery Remains on Track for 2025 Startup

SOURCE: Google MapsImperial Oil Ltd. on April 26 released first quarter financial results, confirming that construction on its renewable diesel project under de…

Biorefinery

Phillips 66 Ramps US Production at Rodeo Biorefinery, Targets Q3 for Saf Production

Phillips 66 on April 26 announced its Rodeo biorefinery in San Francisco is expected to be producing 50,000 barrels per day of renewable fuels by the end of sec…

Wind Turbine

Skanska Wins USD 861 Million Offshore Wind Port Contract in USA

Sweden-headquartered construction and development company Skanska has won a contract worth USD 861 million to transform the 73-acre South Brooklyn Marine Termin…

Photovoltaic （PV）

RWE Starts Construction of Its First Photovoltaic Plant in Italy

RWE has started the construction of its first solar plant in Italy. Bosco, an 8.3 megawatt (MWac) ground-mounted solar plant, will be installed in Partinico Mun…

Renewable Energy

Pine Gate Renewables Secures $650 Million Total Investment

An aerial view of a Pine Gate Renewables solar project (courtesy: Pine Gate Renewables)Generate Capital, Healthcare of Ontario Pension Plan (HOOPP), and HESTA t…