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Carbon Emissions
2024-03-06
Biden's Scaled-Back Power Rule Raises Doubts Over US Climate Target
A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen Purchase Licensing RightsThe Biden administration’s decision to exclude the existing U.S. fleet of natural ga
Electric Vehicles
2024-03-05
Tesla in Talks for a Factory in Thailand, Report Says
Tesla is in talks with Thailand’s government to build a factory in the country, according to government officials.Tesla is reportedly aiming to announce a new factory location by the end of the year and the rumor mill is already in full swing ab
Nuclear Power Plant (NPP)
2024-03-05
Grid Connection for Vogtle 4
The AP1000 reactor is now generating electricity and was connected to the grid for the first time on 1 March, Georgia Power has announced.Vogtle 4 joins Vogtle 3 in supplying electricity to the grid (Image: Southern Company)The unit, at Waynesboro, Georgi
Nuclear Power Plant (NPP)
2024-03-05
Amazon Goes Nuclear, Acquires Cumulus Data's Atomic Datacenters for $650M
Amazon Web Services on Monday added a nuclear-powered datacenter campus to its public cloud empire as part of a $650 million deal with Talen Energy – an owner and operator of electricity generation and transmission facilities in the US.The acqui
Carbon Capture
2024-03-05
Valero Joins Summit's Carbon Capture Project
The logo for Valero Energy Corporation is shown at a Valero gas station in Encinitas, California, U.S., May 2, 2016. REUTERS/Mike Blake Purchase Licensing RightsU.S. refiner Valero Energy Corp (VLO.N), opens new tab is joining Iowa-based Summit Carbon Sol
Oil & Gas Trade
2024-03-05
TC Energy to Sell Portland Natural Gas Transmission System for $1.14 Bln
The logo of energy transport firm TC Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsTC Energy (TRP.TO), opens new tab said on Monda
Oil & Gas Trade
2024-03-05
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 RightsThe United States may sell its 1 million barrel Northeast gasoline reserve in fiscal year 202
LNG
2024-03-05
Suriname's Staatsolie Signs Gas Exploration Deal with Petronas, Exxon
Suriname's Staatsolie said on Monday that Malaysia's Petronas and U.S. oil giant Exxon Mobil (XOM.N), opens new tab have agreed to extend exploration of a gas discovery off its coast, and are considering the potential for a floating LNG pr
Hydrogen Production
2024-03-05
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.N), opens new tab plans to finish an overhaul of the hydrocracker at its 619,024 barrel-per-day
Offshore Wind Power
2024-03-04
Equinor, Orsted Get Ok for New York Offshore Wind Projects
New York State has conditionally awarded two offshore wind projects, Equinor’s 810-megawatt (MW) Empire Wind 1 and Orsted’s and Eversource’s 924-MW Sunrise Wind, in its fourth offshore wind solicitation round.The projects, to
LNG
2024-03-04
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 rival projects including in the United States where President Biden paused new export approval
Oil Price
2024-03-04
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.S. production of oil and gas set new seasonal records in December, capping off an unprecedented
Coal Trade
2024-03-04
Midwest Energy Emissions Wins $57 Million in US Coal Patent Trial
A home sits in front of the William H. Zimmer Power Station, a coal-fired power-plant, along the Ohio River in Moscow, Ohio, U.S., September 23, 2017. Photograph taken September 23, 2017. REUTERS/Brian Snyder Purchase Licensing RightsA jury in Delaware fe
Electric Vehicles
2024-03-02
Tesla & BYD Cut Prices Further in China!
The electric car market in China is getting hotter and hotter, and more and more competitive. The big dog in the market is BYD, while Tesla’s Model Y and Model 3 are routinely at the top of the model sales chart. Searching for more sales, BYD an
Geothermal Power Plant
2024-03-02
Mitsubishi Heavy Industries Invests in Fervo Energy, a US-Based Enhanced Geothermal System Startup
Mitsubishi Heavy Industries, Ltd. (MHI) announced that it has invested in Fervo Energy (Fervo), an innovative enhanced geothermal technology startup company headquartered in Houston, Texas. The investment has been executed through Mitsubishi Heavy Industr
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Sungrow Signs 145 MW Distribution Agreements During Solar Pakistan 2023
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Matahio Energy completes acquisition of onshore assets in New Zealand