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Oil & Gas Trade

Shell and Exxonmobil JV Cuts a Deal With Canadian Firm to Give up Its North Sea Oil & Gas Business for $180 Million

Canada’s Tenaz Energy, a public energy company focused on the acquisition and development of international oil and gas assets, has set the stage to become…

Oil&Gas Drilling

UK Player Gets Its Hands on One of ‘Largest Remaining Oil Resources’ Offshore Scotland

The UK regulator North Sea Transition Authority (NSTA) has formally awarded a license containing three blocks situated off the coast of Scotland to Parkmead Gro…

Hydrogen Project

DOE Approves $12.6bn Hydrogen Hub in California

Prior to the latest announcement, the Biden administration announced the winners of the hydrogen hub grants in October 2023. Credit: Audio und werbung via Shutt…

Electric Vehicles

Tesla Increases Model S and Model X Prices

Tesla has increased Model S and Model X prices by $2,000 across the board. Interesting move has sales are collapsing.As we recently reported, Tesla Model S/X sa…

Photovoltaic （PV）

Iberdrola Installs Two New Photovoltaic Plants in Portugal

The Montechoro I and II PV plants, located in the Algarve region of southern Portugal, have been completed and now contribute to the country’s renewable e…

Offshore Wind Power

Repsol and EDF Renewables Sign an Agreement for Spain and Portugal for Offshore Wind Power

Repsol and EDF Renovables have reached an exclusivity agreement to join forces for future offshore wind tenders in Spain and Portugal, given that the Iberian Pe…

Microgrid

Colorado Awards More Than $2.1m in Grid Resilience and Microgrid Funding

Eagle Nest Rock Open Space near Livermore, Colorado. The Livermore Microgrid Storage Project recently received funding from the Microgrids for Community Resilie…

Oil&Gas Drilling

US Drillers Add Oil and Gas Rigs for Second Time in Three Weeks, Baker Hughes Says

An offshore oil rig platform is photographed in Huntington Beach, California, U.S. July 4, 2024. REUTERS/Etienne Laurent/File Photo Purchase Licensing RightsU.S…

Offshore Wind Power

Canada’s Tenaz Energy to Buy Dutch Nam’s Offshore Assets for $180 Mln

General view of a facility of Dutch gas production company NAM in Farmsum, Netherlands August 28, 2018. REUTERS/Piroschka van de Wouw/File Photo Purchase Licens…

Oil&Gas Drilling

Bolivia’s YPFB to Invest $400 Million to Drill at Latest Natural Gas Discovery

The logo of Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) is seen behind a worker at Mayaya Centro-X1, in Caranavi, Bolivia July 16, 2024. REUTERS/…

Oil & Gas Trade

India ONGC to Pay Equinor $60 Mln for Stake in Caspian Sea Oil Assets

Cows graze next to an Oil and Natural Gas Corp's (ONGC) well in an oil field on the outskirts of Ahmedabad, India, September 8, 2016. Picture taken Septembe…

Oil & Gas Trade

Exclusive: Exxonmobil Selling Malaysia Oil and Gas Assets to Petronas, Sources Say

A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo…

Oil&Gas Drilling

Huge Drilling Rig Due to Arrive at Russia’s Sakhalin Island on Saturday

File photo: A general view of the liquefied natural gas plant operated by Sakhalin Energy at Prigorodnoye on the Pacific island of Sakhalin, Russia July 15, 202…

Hydropower Plant

Hydro Power and De-risking Climate Change

(Panelists at a HYDROVISION mega session panel. Photo by Clarion Events.)At HYDROVISION International this week, there was the acute awareness that hydroelectri…

Energy Storage Project

Construction Starts on Dutch BESS Scheme

Construction has begun on a battery energy storage system (BESS) project in the Netherlands.A groundbreaking ceremony for the Zeewolde BESS was attended by dire…