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Oil & Gas Trade
2024-08-24
Oil Tycoon Emmanuel Fritz Paret Acquires 150 Wells, 140 Million Barrels of Oil in Kentucky Reserve Deal
Haitian-American oil tycoon Emmanuel Fritz Paret, CEO of Paret Mining LLC, has acquired a 10,000-acre oil reserve in Bowling Green, Kentucky. The acquisition includes 150 wells and an estimated 140 million barrels of oil, significantly strengthening Paret
Oil & Gas Trade
2024-08-24
Canada’s Gran Tierra Energy to Acquire British Oil, Gas Producer I3 Energy for $225 Million
Gran Tierra Energy has announced plans to acquire i3 Energy plc in a cash and share deal valued at $225 million.The transaction, which will be executed through a court-sanctioned scheme, involves Gran Tierra offering 10.43 pence in cash per i3 Energy shar
Uranium Project
2024-08-23
Brazil to Resume Uranium Exploration
Brazilian fuel cycle company Indústrias Nucleares do Brasil (INB) has announced it is to resume exploration for uranium in the country after a 40-year hiatus.The uranium-phosphate deposit located in Itatiaia (Image: INB)To this end, INB has lau
Geothermal Power Project
2024-08-23
US DOE Offers Funding for Geothermal Scale Inhibition Research
Heavy silica scaling in a geothermal reinjection pipe (source: Geo40)The US Department of Energy has announced a funding opportunity for small business conducting research related to three subsurface-related topics:Scaling inhibition in geothermal systems
Energy Storage Project
2024-08-23
Water Infrastructure Utility Connects With Paired Power for Solar-Storage EV Charging Canopy
Screenshot of solar canopy video demonstration. Image credit Paired Power websiteSolar microgrid manufacturer Paired Power will provide on-site energy for electric vehicle charging for the EV fleet of investor-owned-utility California American Water.Paire
Renewable Energy
2024-08-23
Brazil’s Grid Caps Power From Wind and Solar, Threatening Renewable Projects
Wind and solar energy producers in Brazil have warned they are reconsidering future investments there after the national grid operator repeatedly capped how much energy they could deliver in the past year, which squeezed their profits.Brazil has made big
Oil&Gas Drilling
2024-08-23
Mexico’s Pemex Gets Approval to up Investment in Deepwater Field Lakach by $400 Million
Signage of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha/File Photo Purchase Licensing RightsMexico's hydrocarbon regulator approved on Thursday a request b
Coal Trade
2024-08-22
2 Coal Giants to Merge in $5B Deal
FILE - In this Aug. 18, 2010, file photo, the CONSOL Energy Center is reflected in Pittsburgh. (AP Photo/Keith Srakocic, file)Arch Resources and Consol Energy are combining to form a single coal producer valued at more than $5 billion, the companies annou
Electric Vehicle Charging
2024-08-22
Tesla Deploys Rare Mobile Megacharger for Electric Trucks in Utah
Tesla has deployed a rare new mobile Megacharger in Utah, which charges its Tesla semi electric trucks.Tesla Semi, Tesla’s class 8 electric truck, is still only deployed internally in Tesla’s own operations and with a handful of custom
Dam
2024-08-22
Stantec Completes Priest Rapids Dam Improvement Project Ahead of Schedule
Stantec has announced the early completion of the Priest Rapids Right Embankment Improvement Project in Washington. The project, a partnership with Grant County Public Utility District No. 2 (Grant PUD) and IMCO General Construction, was completed one mon
Solar Power Plant
2024-08-22
Swift Current Energy Gains Finance for 800MW Solar Facility From Google
The solar project is located 30 miles west of Springfield, Illinois. Credit: Suranto W / Shutterstock.Swift Current Energy has secured a tax equity investment from tech giant Google for its 800 megawatts defined conditions (MWdc) (593MWac [megawatts alter
Nuclear Fusion
2024-08-21
MIT Developing Advanced Materials to Extend Fusion Reactor Lifespan
stock image onlyMIT developing advanced materials to extend fusion reactor lifespanby Clarence OxfordLos Angeles CA (SPX) Aug 20, 2024Nuclear fusion has long been heralded as the future of clean, large-scale energy production, offering the potential to ge
Nuclear Power Plant (NPP)
2024-08-21
Holtec Upgrades Palisades Cooling System
A new heat exchanger set designed to meet projected increases in the temperature of Lake Michigan will be installed within the next 12 months to support the repowering of the Michigan plant.The cooling water heat exchangers (Image: Holtec)Palisades draws
Energy Storage System
2024-08-21
EVLO, Vermont Utilities Team up on Unique BESS
EVLO delivers part of its new battery energy storage system in Troy, Vermont (courtesy: EVLO)What do you do with excess renewable energy generation on a site that can’t utilize it all locally or export the excess back to the grid? An answer to t
Offshore Wind Power
2024-08-21
BOEM Grants US’s First Floating Offshore Wind Research Lease to Maine
Maine is working towards its Offshore Wind Roadmap. Credit: bleakstar via Shutterstock.The US Bureau of Ocean Energy Management (BOEM) has reached an agreement with the State of Maine for the nation’s first floating offshore wind energy research
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UK's National Grid bets $1.75 billion on AI power boom with Joulent investment
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SK, KKR to launch South Korea renewable energy venture valued at $1.3 bln
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Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets
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Singaporean Green Tech Firms Envision Digital, T-RECs.ai to Launch First RECs Ecosystem
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Hitachi Energy announces €4 million investment into new Service Center in Dublin to strengthen Ireland’s grid resilience
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Google signs PPAs on 400-MW Texas solar project portfolio
