Ut

Decarbonization

Iberdrola Profit Jumps 50% As Focus On US, Britain Pays Off

Europe's largest utility Iberdrola (IBE.MC), opens new tab posted on Wednesday a 50% increase in net profit for the first nine months of the year, in a sign…

Oil & Gas Supply

India's Diesel Consumption To Rise 3%-4% In Current Fiscal Year, Says Indian Oil Chair

A worker fills diesel in a container at a fuel station in Kolkata, India, February 1, 2018. REUTERSIndia's annual diesel consumption is expected to rise by …

Oil & Gas Trade

Top U.S. LNG Exports: China's Gas Demand Is Booming

Chinese demand for natural gas is set to jump by more than 50% by 2040, from 400 billion cubic meters (bcm) now to more than 600 bcm, according to an executive …

LNG

Brazil Mulls LNG Imports Into Early 2025 as Hydro Shrinks

Gas buyers in Brazil are inquiring about potential purchases of global shipments well into the first quarter as persistently dry weather threatens hydropower ge…

Electric Vehicles

Scania Touring LNG Wins Sustainable Bus Award 2025

Sustainable BusScania is delighted to receive the Sustainable Bus Award 2025 in the coach category for the Scania Touring LBG/LNG, recognising its commitment to…

Offshore Wind Power

Lucky Cement Completes 28.8mw Captive Wind Power Project

Lucky cement factory can be seen in this image. — Lucky Cement website/FileLucky Cement has announced the completion and commissioning of its 28.8 MW captive w…

Hydrogen Production

Otto Energy Discovers Significant Hydrocarbon Pay in Gulf of Mexico

The well encountered a high-pressure water sand 60ft below the base of the D5 sand, leading to a delay. Credit: MR.Zanis/Shutterstock.Australia-based Otto Energ…

Oil Field

Chinese Giant Brings Another Oil Development Project Online in South China Sea

Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has started production from an oilfield development project in the South C…

Offshore Wind Power

France Unveils Plans for 9.2GW Offshore Wind Tenders

France is gearing up to launch tenders for two fixed and three floating offshore wind farms, totalling 9.2GW, in the autumn and winter of 2024/25, Reuters has r…

Energy Storage System

Scatec Reaches Financial Close for 103MW BESS In South Africa

Renewable energy provider Scatec has reached financial close for the103MW/412 megawatt hours (MWh) Mogobe battery energy storage system (BESS) facility in South…

Oil & Gas Trade

Nigeria Halts Shell Asset Sale, Approves Exxon-Seplat Deal

Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil , opens new tab, the cou…

Hydrogen Production

Spain’s Enagas Cuts Debt as It Prepares for Hydrogen Investments

Spanish gas grid operator Enagas (ENAG.MC), said on Tuesday its net debt was on track to reach its lowest since 2008 as it prepared to invest billions of euros …

Gas Power Stations

Evergy to Build Natural Gas Power Plants in Kansas Amid Booming Demand

Evergy (EVRG.O), will build two 705 megawatt natural gas power plants in Kansas to meet an expected spike in electricity demand, the U.S. utility firm said on M…

Coal Trade

Australian Mining Services Provider NRW Boosts Order Book With $1.1 Bln Coal Contract

Golding Contractors, a unit of Australia's NRW Holdings (NWH.AX), will provide mining services at resources firm Stanmore SMC's South Walker Creek (SWC) mine in…

LNG

Next Wave of LNG Supply Delayed to 2027 Due to Project Hold-Ups, Totalenergies Says

The next wave of liquefied natural gas (LNG) supply will come online from 2027, later than the earlier forecast of 2025, due to project delays, TotalEnergies…