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Oil Field

Shell Approves Plan to Develop North Sea Gas Fieldth

A Shell logo is seen on a pump at a petrol station in London April 28, 2010. REUTERS/Toby Melville/File Photo Acquire Licensing RightsShell (SHEL.L), opens new …

Oil & Gas Trade

In First Look At 2025, OPEC Expects Robust Oil Demand Grow

The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria April 9, 2020. REUTERS/L…

Carbon Emissions

EU Drafts Plan to Zero Out Industry's Carbon Footprint by 2050

The 3D Project (DMX Demonstration in Dunkirk), piloting a new form of carbon capture and utilisation or storage (CCU/S) technology on an industrial scale, is se…

Coal Trade

German Hard Coal Importers Turn to US and Australia

German importers of coal for power generation, heating and steelmaking have found new suppliers in the United States and Australia, enabling them to end their r…

Thermal Coal

UN Chief Says Phase-Out of Fossil Fuels 'Essential and Inevitable'

UN Secretary-General Antonio Guterres attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 17, 2024. REUTERS/Denis Balibou…

Oil & Gas Trade

Brazil's Petrobras Plans to Finish RNEST Refinery's Train 1 Expansion in Early 2025

Brazilian state-run oil firm Petrobras (PETR4.SA), opens new tab said on Wednesday that it plans to finish expansion works on Train One of its Abreu e Lima (RNE…

Nuclear Power Plant (NPP)

US Finalizes $1.1 Billion in Credits for California Nuclear Plant

The administration of President Joe Biden has finalized $1.1 billion in credits aimed to help keep open PG&E Corp's (PCG.N), opens new tab Diablo Canyon nuc…

LNG

China Delivers First LNG FSRU to Cyprus: A Milestone in BRI Cooperation

In a significant milestone under the Belt and Road Initiative (BRI) cooperation, China has delivered its first floating storage and regasification unit (FSRU) f…

United States

LS Power Inks Deal to Acquire Hunterstown Power Plant From Platinum Equity

LS Power, a diversified energy company, is set to enhance its portfolio with the acquisition of the Hunterstown power plant in Gettysburg, Pennsylvania. The 810…

Oil & Gas Trade

Ukrtransgaz to Invest Over $26 Mln in Gas Storage Facilities in 2024

Ukrtransgaz will invest UAH998.277 million (about $26.4 million at the current exchange rate) in natural gas storage facilities this year in line with the plan …

Tidal Energy

Hydrowing Creates Unique New Barge to Service Its Tidal Energy Technology

HydroWing has designed an innovative new barge which will help drive down the cost of installation and maintenance for its patented tidal stream array technolog…

Offshore Wind Power

Chinese Companies to Supply XXL Monopiles for 1.1 GW Scottish Offshore Wind Farm

Inch Cape Offshore Wind Limited (ICOL) has signed capacity reservation agreements with Chinese manufacturers Dajin Offshore Heavy Industry (Dajin Offshore) and …

Offshore Wind Power

OX2 and Ingka Investments Apply for Permit to Construct the Offshore Wind Energy Hub Neptunus

OX2 and Ingka Investments, the investment arm of Ingka Group – the biggest IKEA retailer – have submitted a permit application under the act of Swed…

Geothermal Power Plant

Geothermal Project in Gauting, Germany Presses on Despite Funding Uncertainty

Gauting, Bavaria, Germany (source: Flodur63, CC BY 4.0, via Wikimedia Commons)The Asto Group intends to continue with the geothermal project being developed in …

Geothermal Power Project

Munich, Germany Utility Seeks to Optimize Geothermal Heating With AI

View over Munich, Germany (source: Praxisforum Geothermie.Bayern/ Enerchange)The city utility of Munich, Germany, Stadtwerke München (SWM), has announced a…