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Oil&Gas Drilling

US Oil/Gas Rig Count Rises in July in Biggest Monthly Hike Since Nov 2022 - Baker Hughes

U.S. energy firms this week added oil and natural gas rigs for a second week in a row, boosting the monthly count by the most since November 2022, energy servic…

Oil & Gas Trade

Mexico’s Pemex Swings to $14 Bln Quarterly Loss on Lower Sales, Currency Losses

Mexico's state-owned oil company Pemex swung to a 256 billion peso ($14 billion) second-quarter net loss on Friday, red ink the energy giant chalked up to l…

Solar project

Schroders Greencoat Acquires 110MWP UK Solar Portfolio

The portfolio comprises three operational solar assets. Credit: vvaldmann / Shutterstock.Schroders Greencoat, the renewables and energy transition infrastructur…

SMR

SMRs Feature in Indian Budget

The Indian government has announced plans to partner with the private sector to develop small modular reactors in a 2024-25 budget announcement which recognises…

Carbon Emissions

South Africa Passes Its First Sweeping Climate Change Law

The retired coal-fired Komati Power Station Is seen near Komati village, in the Mpumalanga province in South Africa, May 9, 2024. REUTERS/Siphiwe Sibeko/File Ph…

Offshore Wind Power

Britain’s Crown Estate Post Record Profits on Offshore Wind Licenses

Britain’s Crown Estate, which manages King Charles' public property, posted a record profit for 2023/24 of 1.1 billion pounds ($1.42 billion), boosted…

Floating Offshore Wind

Badaenergy Wraps up Eia Consultation for 1.5 GW Floating Wind Project in South Korea

BadaEnergy has completed the environmental impact assessment (EIA) consultation with South Korea’s Ministry of Environment, Ministry of Oceans and Fisheri…

Offshore Wind Power

CPUC Proposes 7.6 GW of Offshore Wind Over the Next Decade

(Courtesy: Paul Langrock, offshorewindca.org)It’s no secret that massive renewable energy projects, especially offshore wind ventures, take some time to constr…

Floating Offshore Wind

Badaenergy Wraps up EIA Consultation for 1.5 GW Floating Wind Project in South Korea

BadaEnergy has completed the environmental impact assessment (EIA) consultation with South Korea’s Ministry of Environment, Ministry of Oceans and Fisheri…

Renewable Energy

Masdar Raises $1BN via Green Bond to Fund Renewable Projects

Masdar aims to expand its renewable energy portfolio to 100GW by 2030. Credit: Masdar.United Arab Emirates (UAE)-based renewable energy company Masdar has raise…

Electric Vehicles

Tesla Increases Model S and Model X Prices

Tesla has increased Model S and Model X prices by $2,000 across the board. Interesting move has sales are collapsing.As we recently reported, Tesla Model S/X sa…

Hydropower Plant

Hydro Power and De-risking Climate Change

(Panelists at a HYDROVISION mega session panel. Photo by Clarion Events.)At HYDROVISION International this week, there was the acute awareness that hydroelectri…

Hydrogen Transport

Aramco to Acquire 50% Stake in Air Products Qudra’s Hydrogen Business

Energy major Aramco has signed definitive agreements to acquire an equity interest in Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary o…

Electric Vehicles

BYD Becomes the Largest Manufacturer of Electric Vehicles

BYD surpasses Tesla to become the world’s largest electric car manufacturer in the global automobile industry.BYD, Chinese electric car manufacturer, surp…

Offshore Wind Power

Australia Approves Twelve Offshore Wind Projects, Set to Generate 25 GW Capacity

A total of twelve offshore wind projects have now been granted feasibility licenses for the Gippsland Offshore Wind Zone, enabling a potential generation capaci…