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Oil & Gas Trade

US Considers Selling Northeast Gasoline Reserve in 2024 in Draft Bill

Oil tankers stand attached to mooring stations near a refinery in Bayonne, New Jersey August 24, 2011. REUTERS/Lucas Jackson/ File Photo Purchase Licensing Righ…

LNG

Suriname's Staatsolie Signs Gas Exploration Deal with Petronas, Exxon

Suriname's Staatsolie said on Monday that Malaysia's Petronas and U.S. oil giant Exxon Mobil (XOM.N), opens new tab have agreed to extend exploration of…

Nuclear Reactor

French Utility EDF Lifts Cost Estimate for New Reactors to 67 Bln Euros - Les Echos

The logo of Electricite de France (EDF) is seen in front of electrical pylons at the Tricastin nuclear?power plant site in Saint-Paul-Trois-Chateaux, France, No…

Hydrogen Production

Exxon to Finish Beaumont, Texas Hydrocracker Work by End of March, Sources Say

ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration//File Photo Purchase Licensing RightsExxon Mobil Corp (XOM.…

Offshore Wind Power

Equinor, Orsted Get Ok for New York Offshore Wind Projects

New York State has conditionally awarded two offshore wind projects, Equinor’s 810-megawatt (MW) Empire Wind 1 and Orsted’s and Eversource’s 9…

Oil&Gas Drilling

Diamond Offshore Clinches New $350M Drillship Deal with BP

Houston-based Diamond Offshore Drilling has secured a two-year contract extension with a subsidiary of BP in the US Gulf of Mexico for the seventh-generation dr…

Solar Power Plant

ACWA Power Plans to Attract Loan From EBRD to Implement Project in Uzbekistan

ACWA Power from Saudi Arabia has expressed its intention to attract loan funds from the European Bank for Reconstruction and Development (EBRD) to implement a r…

Energy Storage Project

Construction Wraps up at 100-Mw CS Energy Battery in Queensland

Queensland government-owned CS Energy has finalised the construction of its 100-MW/200-MWh grid-scale battery storage system near Chinchilla, Queensland, and wi…

Oil & Gas Trade

Gurbanguly Berdimuhamedov Announces Possible Turkmen Gas Supplies to Europe

Officials from Turkmenistan and Turkey signed two preliminary agreements on Friday for the Central Asian country to supply gas to Turkey and onward to Europe, d…

LNG

Qatar's Bigger LNG Expansion to Squeeze US, Other Rivals

Qatar’s planned expansion of liquefied natural gas (LNG) production could see it control nearly 25% share of the global market by 2030 and squeeze out riv…

Pumped Storage

Govt to Form Regulatory Body for GB's Hydropower Resources

Amid controversy over the extension of a 20MW hydropower project to 40MW, the Centre is facilitating the Gilgit-Baltistan administration to set up an energy reg…

Oil Price

Record US Oil and Gas Production Keeps Prices Under Pressure

Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo Purchase Licensing RightsU.…

Carbon Emissions

China Needs 10 Times Its Photovoltaic and Wind Energy to Eliminate Its CO2 Emissions

According to a simulation model, almost 6 terawatts of renewable energy will be needed for the country to reach that goal in 2060.80 percent of solar PV and 55 …

Renewable Energy

NSW renewable energy projects get green light

The New South Wales Government said it is on track to deliver enough renewable energy to power more than 1.5 million homes following approvals for multiple wind…

Coal Trade

Midwest Energy Emissions Wins $57 Million in US Coal Patent Trial

A home sits in front of the William H. Zimmer Power Station, a coal-fired power-plant, along the Ohio River in Moscow, Ohio, U.S., September 23, 2017. Photograp…