Us

United States

US Governors Push Back on PJM After Record-High Power Plant Prices

A group of five governors on Tuesday urged PJM Interconnection, the largest U.S. grid operator, to change the process it uses to determine the price paid to pow…

Natural Gas

Big Oil Sees AI Boom Driving ‘Crazy Demand’ for US Natural Gas

A surge in energy demand from technology giants that are rapidly developing cloud computing and artificial intelligence — known as hyperscalers — is becoming …

Wind Power Project

Developers Nab Leases to Build New England Floating Wind Farms

Avangrid Inc. and Invenergy LLC units secured leases to install wind turbines across some 439,000 acres in the Gulf of Maine during a US government auction Tues…

Nuclear Reactor

Sweden’s Nuclear Revival in Question as Green Hangover Spreads

Sweden’s nuclear revival risks being undermined as more companies pull the brakes on large power-hungry green projects designed to clean up some of the wo…

Combined Heat and Power

Australia’s First Manufacturing Facility Fully Powered By Renewable Energy

After a multi-year collaboration with us, Mars has announced a renewable energy milestone. Mars Petcare facility at Wodonga (Mars Wodonga) in Victoria will beco…

Battery

LG Energy Solution Announces ESS Revenue Growth, New Products

LG Energy Solution has recorded third-quarter 2024 consolidated revenue of KRW 22.18 trillion ($323 million) and an operating profit of KRW 751.9 billion, inclu…

Oil Price

BP Beats Estimates Despite Lower Oil Prices

FTSE 100 oil giant BP has reported strong-than-expected earnings for the third quarter.On Tuesday, it posted an underlying replacement cost profit, used as a pr…

Biofuel

Cargill, Bunge Slow Soybean Buying on Stalled US Biofuels Policy

Agriculture giants including Cargill Inc. and Bunge Global SA are slowing their buying of soybeans due to uncertainty over US biofuels policy.The lack of guidan…

Oil Price

Oil Steadies After 6% Plunge With Focus on Mideast Risk, US Data

Oil steadied — after tumbling the most in more than two years on Monday — as the market focused on the prospect for easing hostilities in the Middle East and …

Electricity Trade

UK's Energy Industry Divided in Battle for Free Electricity

A proposal to divide up the UK power market and unleash free electricity in the windiest parts of the nation is turning into a bitter fight between its biggest …

Hydrogen Project

Hyzon Motors Launches North America’s First Hydrogen-Powered Refuse Fleet

In a significant stride towards sustainable waste management, Hyzon Motors (HYZN) has announced the development of North America’s first fleet of hydrogen…

Battery

Galp In No Rush To Invest In Lithium Refinery With Northvolt

Portuguese energy company Galp (GALP.LS), is in no rush to make a final investment decision (FID) to build a battery-grade lithium refinery in Portugal amid cha…

Oil & Gas Supply

US Seeks Up To 3 Million Barrels Of Oil For Emergency Reserve

The U.S. on Monday said it is seeking up to 3 million barrels of oil for the Strategic Petroleum Reserve for delivery through May next year, a purchase that wou…

Australia

Zero Carbon Ammonia For Shipping Faces Cost, Safety Challenges

At one of the world's biggest bulk export ports in Western Australia, shippers safely completed the first transfer of ammonia from one vessel to another las…

Natural Gas

Beach Energy delivers first gas from Thylacine West to Otway Gas Plant

Beach Energy has announced the start of gas production from its Thylacine West 1 and 2 development wells in Australian waters, following their connection to the…