Un

United States

New York Enacts Legislation Requiring Fossil Fuel Companies Pay $3B Annually for “Climate Damage Repair”

New York Governor Kathy Hochul signed legislation (S.2129-B/A.3351-B) requiring fossil fuel companies to contribute $3 billion annually for climate damage repai…

Nuclear Technology

NANO Nuclear Energy to Acquire Micro Modular Reactor (MMR) and Pylon Technologies, Including All Associated Patents, Through a Chapter 11 Bankruptcy Auction

NANO Nuclear Energy, a nuclear energy and technology company focused on developing portable, clean energy solutions, executed a definitive agreement to acquire …

United States

Lithium Americas and GM Close Joint Venture for Thacker Pass Mine

Lithium Americas said on Monday it has closed its joint venture with US automaker General Motors to develop the Thacker Pass lithium mine in Nevada.The miner&rs…

Solar project

Vistra Connects Two New Solar Projects, Delays Coal Plant Closure in Illinois

Vistra announced that two new utility-scale solar projects in Illinois have connected to the grid and that, amid what it called widespread concern over reliabil…

Photovoltaic （PV）

CleanChoice Connects Pennsylvania PV Park

US solar operator CleanChoice Energy has connected its first fully owned and operated solar project, located in Pennsylvania.Built in Franklin county, the 26MW …

Green Hydrogen

Climate Fund Managers Acquires 24% Stake in Hyphen Hydrogen Energy

Dutch-based for-profit investment manager Climate Fund Managers (CFM) has completed the acquisition of a 24% equity stake in Hyphen Hydrogen Energy through its …

Oil&Gas Drilling

Petrobras to Keep Constellation’s Semi-sub Rig Under $61M Contract Extension

(OE) Offshore drilling contractor Constellation has secured an extension of the current contract for its semi-submersible drilling rig Atlantic Star with Petrob…

Oil Price

Oil Prices Ease as Markets Weigh China Stimulus Hopes

Oil edged lower on Thursday in light holiday trade as the dollar's strength offset hopes for additional fiscal stimulus in China, the world's biggest oi…

United States

President Biden to Decide Fate of Nippon Steel’s $15BN Bid for US Steel

Nippon Steel’s $15 billion bid for US Steel has been referred to US President Joe Biden, a White House spokesman said, giving the president 15 days to decide o…

United States

The Coming Critical Minerals Trade War Is Brics Short of a Load

The incoming Trump administration’s threat of tariffs has muddied the already cloudy outlook for mining and metals in 2025.Chinese retaliation has been sw…

Oil Refinery

NLC Hails Dangote Refinery for Fuel Price Cut

The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians.Spea…

Crude Oil

RON97 Petrol Price Up By 3 Sen; RON95 And Diesel Unchanged

The retail price of RON97 petrol will increase by 3 sen to RM3.25 per litre, effective Dec 26, 2024, to Jan 1, 2025, according to the government.Meanwhile, RON9…

Oil Exploration

Onshore Petroleum Auction Set to Be Held

Authorities are calling for bids for onshore petroleum exploration and production in nine areas in the Northeast and central region for the first time in 17 yea…

Natural Gas

KazMunayGas and CNOOC Joining Forces to Dig Deeper Into Geological Exploration

KazMunayGas and CNOOC are expanding their cooperation in geological exploration, discussing key aspects of bilateral collaboration, including the joint implemen…

Natural Gas

Gas Exploration Firm’s Licence Extended Again

A company looking to extract gas from Manx territorial waters has had its exploration licence extended once more.A two-month extension has been granted to Crogg…