Us

Oil & Gas Trade

US Considers Selling Northeast Gasoline Reserve in 2024 in Draft Bill

Oil tankers stand attached to mooring stations near a refinery in Bayonne, New Jersey August 24, 2011. REUTERS/Lucas Jackson/ File Photo Purchase Licensing Righ…

Hydrogen Production

Exxon to Finish Beaumont, Texas Hydrocracker Work by End of March, Sources Say

ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration//File Photo Purchase Licensing RightsExxon Mobil Corp (XOM.…

Oil&Gas Drilling

Diamond Offshore Clinches New $350M Drillship Deal with BP

Houston-based Diamond Offshore Drilling has secured a two-year contract extension with a subsidiary of BP in the US Gulf of Mexico for the seventh-generation dr…

Nuclear Power Plant (NPP)

IAEA Chief Pushes Development Banks to Fund New Nuclear Energy Projects

Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), poses for a picture in his office at the IAEA headquarters in Vienna, Austria …

Oil&Gas Drilling

ADX Ramps up European Gas Pursuit at Welchau Well

ADX Energy’s hunt for 807 billion cubic feet (Bcf) of European gas is continuing to gather steam, with the drilling of its Welchau-1 exploration well in A…

Solar Panel

Qair Locks Debt to Build 36-MW Solar Park in Poland

French independent renewable power producer Qair has obtained debt financing of PLN 77 million (USD 19.3m/EUR 17.8m) to back the construction of a 36-MW solar p…

Energy Storage Project

Construction Wraps up at 100-Mw CS Energy Battery in Queensland

Queensland government-owned CS Energy has finalised the construction of its 100-MW/200-MWh grid-scale battery storage system near Chinchilla, Queensland, and wi…

Renewable Energy

XI Stresses High-Quality Development of New Energy in China

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, has stressed vigorously promoting the high-quality development of new ene…

Renewable Energy

Japan's J-Power Makes Bid for Australian Renewables Firm Genex

A J-Power power fossil fuel power plant: The Japanese power company is stepping up its overseas acquisitions as renewable power takes off.Japan's Electric Power…

LNG

Qatar's Bigger LNG Expansion to Squeeze US, Other Rivals

Qatar’s planned expansion of liquefied natural gas (LNG) production could see it control nearly 25% share of the global market by 2030 and squeeze out riv…

Oil Price

Several Countries Extend Oil Output Cuts to Boost Prices Amid Economic Uncertainty

The OPEC+ alliance on October 5, 2022, decided to sharply cut production to support sagging oil prices. © Michael Probest, APThe plan to extend cuts to mid…

Oil Price

Record US Oil and Gas Production Keeps Prices Under Pressure

Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo Purchase Licensing RightsU.…

Carbon Emissions

Australia and Southeast Asia Strengthen Climate Change and Energy Cooperation

The Albanese Government is strengthening its co-operation with Southeast Asia through a new $10 million Climate and Clean Energy Window, designed to bolster our…

Hydrogen Production

Bekaert & Toshiba Partner on MEA Technology for PEM Electrolyzers to Accelerate Green Hydrogen Production at Scale; Reducing Iridium Usage

Bekaert and Toshiba Energy Systems and Solutions Corporation entered into a global partnership which includes a strategic cooperation agreement, and a manufactu…

Carbon Emissions

China Needs 10 Times Its Photovoltaic and Wind Energy to Eliminate Its CO2 Emissions

According to a simulation model, almost 6 terawatts of renewable energy will be needed for the country to reach that goal in 2060.80 percent of solar PV and 55 …