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Crude Oil

U.S. Department of Energy Soliciting Bids for Crude Oil to Replenish Petroleum Reserve

(Bloomberg) – The U.S. is soliciting bids for up to 3 MMbbl of sour crude oil to refill its depleted Strategic Petroleum Reserve.crude oil reserve tanks a…

Carbon Emissions

Fossil Fuel Companies and Cement Manufacturers Could Be to Blame for a More Than a Third of West’s Wildfires

A new study from the Union of Concerned Scientists links emissions from the world’s largest carbon producers to nearly 20 million acres of forests burning in W…

Oil & Gas Trade

Borrell Urges EU to Restrict Imports of Indian Fuels Made With Russian Oil

The European Union (EU) should crack down on India reselling Russian oil into Europe as refined fuel, including diesel, EU foreign policy chief Josep Borrell sa…

Hydrogen Fuel Cell

Stellantis Invests in Symbio’s Hydrogen Mobility

Faurecia, Michelin, and Stellantis have announced a binding agreement for Stellantis to acquire a 33.3% stake in Symbio, a leading company in zero-emission hydr…

Crude Oil

Saudi Crude Exports Falling in May After April Jump

Saudi Arabia's crude oil exports have been falling in May, according to figures from two companies that monitor the shipments, as a voluntary production cut…

Green Hydrogen

Panama’s Green Hydrogen Ambitions: Pioneering the Global Route

Panama wants to position itself as a leader in the global green hydrogen industry with its newly unveiled National Strategy for Green Hydrogen and Derivatives (…

Carbon Emissions

New Water Treatment Technology Could Help Recycle Even Super Salty Waters

As climate change flames a megadrought in the U.S. Southwest, the country is hitting some worrisome records. The water level of Lake Mead, which provides water …

Oil Price

IEA Says Oil Price Downturn Ignores Looming Supply Crunch

Weeks of declining oil prices due to concerns over a possible recession clash with the outlook for scarce supply and robust demand later in the year, the Intern…

Offshore Wind Power

South Fork Wind Onshore Cable System All Done

The onshore cable system for the South Fork Wind, New York’s first offshore wind farm under construction, has been completed.Crews have demobilized all eq…

Biofuel

Masdar and Airbus to Collaborate on Sustainable Aviation Fuel

Both companies will focus on the development of green hydrogen and direct air capture technology

Offshore Wind Power

New Jersey Offshore Wind Projects Reach Federal Permitting Milestone

The US Bureau of Ocean Energy Management (BOEM) has published the draft Environmental Impact Statement (EIS) for two wind energy projects offshore New Jersey th…

Offshore Wind Power

Formosa 2 Goes Into Full Operation

The Formosa 2 offshore wind farm in Taiwan was inaugurated today, 16 May, at the Waipu Fishing Port in Miaoli after being fully commissioned.Located between 4 a…

Wind Turbine

Fairwind Wins Pre-assembly Contract for Vattenfall’s Danish Offshore Wind Pair

FairWind has been awarded a turnkey pre-assembly contract for the Vesterhav Nord and Syd offshore wind farms at the Port of Esbjerg in Denmark.Under the contrac…

Solar Module

French Startup Announces Plans for 5GW PV Module Gigafactory

Holosolis, a French startup founded by EIT InnoEnergy, has announced plans for a PV module gigafactory to be built in Moselle, France.Touted to be Europe’…

Offshore Wind Power

Purus Wind Orders Two CSOVs From Vard, Signs Options for Two More

Vard has signed a contract for the design and construction of two Commissioning Service Operation Vessels (CSOVs) for the UK-based Purus Wind.The hull for the f…