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Oil & Gas Trade

Exxon Beats Estimates, Ends 2023 With a $36 Billion Profit

Exxon Mobil (XOM.N), opens new tab on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas productio…

Carbon Capture

US Energy Department Selects Delek's Refinery for Pilot Carbon Capture Project

Delek US Holdings (DK.N), opens new tab said on Friday the U.S. Department of Energy has selected its Big Spring refinery for a pilot carbon capture project and…

Oil & Gas Trade

BP Says Power Restored, Operations Stabilized at Whiting, Indiana, Refinery

The BP logo is seen at a BP gas station in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsBP Plc (BP…

Natural Gas

Tanzania's TPDC Doubles Gas Field Stake in Deal with Maurel & Prom

State-run Tanzania Petroleum Development Corporation (TPDC) has paid $23.6 million to double its shareholding in the Mnazi Bay natural gas field under an agreem…

Photovoltaic （PV）

Photon Energy Commissions Its 10th PV Power Plant in Romania

Photon Energy completed and grid-connected its tenth photovoltaic (PV) power plant in the Romanian market. The installation has a generation capacity of 3.8 MWp…

Oil & Gas Trade

Japan's Gas Imports Plummet as Nuclear Reactors Restart

Japan’s liquefied natural gas imports for January fell to the lowest level for that month in over a decade, as nuclear reactor restarts, higher renewables…

Oil&Gas Drilling

Welchau-1 Spud Imminent as Adx Hunts Austrian Gas Giant

ADX Energy’s Welchau-1 drill pad in Austria. Credit: File.ADX Energy will start spinning the drill bit in a week at its giant Welchau gas prospect in Aust…

Electric Vehicles

Tesla Cybertruck Wheel Covers Cause Unusual Wear, Will Be Redesigned

Tesla Cybertrucks are now being delivered without aerodynamic wheel covers installed, due to the covers causing excessive wear and tear to tires. Tesla is curre…

Electric Vehicles

BYD EV Sales Grew Nearly 50% in January as Exports Reached a New High

After topping Tesla in the final three months of 2023, BYD is starting the year off strong with EV sales rising another 50% in January.BYD EV sales momentum con…

Hydrogen Fuel Cell

DOE Awarding $10.5m to 3 Projects to Advance Hydrogen Combustion Engine Innovation

The US Department of Energy (DOE) recently announced 27 projects to receive $71 million to develop innovative and equitable clean mobility options, including $1…

Pumped Storage

Labour's Ian Murray MP champions UK's renewable future in Swiss pumped storage project tour

In a move to explore opportunities for enhancing the United Kingdom's renewable energy landscape, Labour Shadow Secretary of State for Scotland, Ian Murray …

Biofuel

EIA: Total US Biofuels Capacity Expands to 23.77 Billion Gallons per Year in November

Total U.S. biofuel operatable production capacity was up slightly in November, with gains for ethanol, according to data released by the U.S. Energy Information…

Solar Power Plant

Vesper Energy's 600 MW Photovoltaic (PV) Solar Project in Texas Secures $590M Financing

Renewable energy project developer Vesper Energy has closed a $590 million financing deal for its Hornet Solar project in Texas. This project is said to become …

Solar Power Plant

Aggreko Acquires 13 MW Behind-The-Meter Texas Solar Site

(Photo by Angie Warren on Unsplash)Aggrekon announced that the company’s Energy Transition Solutions (Aggreko ETS) division has acquired a 13 MW behind-th…

Coal Production

India to Increase Coal-Fired Capacity in 2024 by the Most in at Least 6 Years

A general view of electricity pylons in Mumbai, India, October 13, 2021. REUTERS/Francis Mascarenhas Acquire Licensing RightsIndia will start operating new coal…