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America
Crude Oil
2024-11-21
Exxon Withdraws From Offshore Suriname Oil-Exploration Block
Exxon Mobil Corp. withdrew from an oil-exploration block off the coast of Suriname, not far from where it discovered more than 11 billion barrels in Guyanese waters.Exxon will transfer its 50% stake in the block to Malaysia’s Petronas, the opera
Wind Farm
2024-11-21
Innagreen Opens 200 MW Canadian Wind Farm
The wind farm features 36 Nordex N155/5.X wind turbines. Innagreen and Cowessess First Nation have announced the opening of a 200 MW wind farm in Saskatchewan.Innagreen and Cowessess own 83% and 17% of the Bekevar wind farm respectively, having acquired t
United States
2024-11-21
Two Major US Pro-geothermal Bills Pass House of Representatives Deliberation
Two major proposed bills that seek to accelerate the development of geothermal projects in the United States have recently been approved by the House of Representatives. The two bills referred to here are the Harnessing Energy At Thermal Sources (HEATS) A
Crude Oil
2024-11-20
Ovintiv to Acquire Alberta Montney Assets for $2.4B
Ovintiv Inc. is acquiring Montney assets in Alberta from Paramount Resources Ltd. in an all-cash transaction valued at approximately $2.377 billion (CAD 3.325 billion).Upon closing, the acquisition will add approximately 70,000 barrels of oil equivalent p
Oil Price
2024-11-20
World's Top Oil Refining Hub Is Running Hard as Exports Boom
US Gulf Coast refineries are running the hardest for this time of the year in more than three decades as they rush to take advantage of strong fuel demand from Mexico and Brazil.Fuel makers in the world’s largest refining hub processed 9.31 mill
Oil & Gas Supply
2024-11-20
Global OTEC Launches New Power Module For Sustainable Offshore Oil And Gas
Global OTEC has announced its latest advancement in sustainable power for offshore energy exploration and production at the first Brazilian Workshop on Geothermal Energy Utilization and Storage. During the event hosted by Petrobras at the Cenpes Conventio
Oil & Gas Trade
2024-11-20
ONEOK Agrees to Sell Interstate Gas Pipelines To DT Midstream For $1.2 Billion
ONEOK Inc. has signed an agreement to sell its three wholly owned interstate natural gaspipelinesystems to DT Midstream Inc. for $1.2 billion in cash. The deal, expected to close in the fourth quarter of 2024, is subject to regulatory approvals and standa
Oil&Gas Drilling
2024-11-20
Landbridge To Acquire Permian Acreage Valued At $245 Million From VTX Energy
LandBridge today announced it has entered into a purchase and sale agreement to acquire approximately 46,000 largely contiguous surface acres in the Southern Delaware Basin known as the Wolf Bone Ranch for total consideration of $245 million in cash from
Oil & Gas Trade
2024-11-20
America's Oil, Natural Gas Producers Outline Priorities To Trump Transition Team
Today the Independent Petroleum Association of America (IPAA) presented its issue priorities to the Trump Transition team. IPAA members are the primary producers of the nation’s oil and natural gas, accounting for 83 percent of America&rsquo
Offshore Wind Power
2024-11-20
Ventus Energy Opens Shop in US
[Image: Ventus Energy]Ventus Energy has launched its US entity with two east coast locations to further support the rapidly growing offshore wind industry in the United States.Operating as Ventus Energy Incorporated, the primary office is located in Brook
Battery
2024-11-20
Californian Lithium Sulfur Battery Maker Lightens the Load for Northvolt
San Jose-based Lyten has acquired lithium metal battery technology company Cuberg from Swedish manufacturer Northvolt, which is battling to reduce costs. Lyten will spend up to $20 million developing a 200 MWh annual capacity of ‘Made in America
Solar project
2024-11-20
Solar Developer Secures $145 Million Solar-Plus-Storage Project in New Mexico
National Renewable Solutions secured the funding from Deutsche Bank for Shallow Basket, a 140 MW solar and 50 MW storage project that will benefit Jicarilla Apache Nation.National Renewable Solutions, a U.S.-based renewable energy developer, owner and ope
Renewable Energy
2024-11-20
Eco Wave Power Receives Final Permit for First Wave Energy Project
Eco Wave Power Global AB, a provider of onshore wave energy technology, has announced it has received the final Nationwide Permit (NWP) from the U.S. Army Corps of Engineers for its ground-breaking wave energy project at AltaSea's premises at the
Energy Investment
2024-11-20
U.S. DOE Invests Nearly US$15 Million to Enhance Hydropower’s Ability to Support Electricity Grids
The U.S. Department of Energy (DOE) has announced nearly US$15 million for nine research and development projects to increase hydropower's ability to respond to changing demand on the electric grid. This ability to operate flexibly allows hydropow
Rooftop Solar
2024-11-20
Open-Source Tool to Eliminate Redundant Engineering Costs in Rooftop PV Deployment
Researchers in Canada have developed an open-access online tool that reportedly helps homeowners achieve considerable savings in deploying rooftop PV systems. The tool is claimed to offer accurate structural engineering calculations while ensuring complia
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Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms
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Kenya Opens Solar-Plus-Storage Tender
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Oil giant Shell to buy Canada’s ARC Resources for $16.4 billion in push to boost output
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Italy Extends Construction Deadline for Agrivoltaic Tender
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Norway’s First Floating Wind Tender Attracts Two Bids
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Reduce Carbon Emissions! South Korea to Convert 1.18 Million Tons of Livestock Manure into Solid Fuel for Power Generation by 2030
