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Oil & Gas Trade
2024-08-02

Hess Shares Fall Most in 20 Months on Lengthy New Delay to Chevron Sale
Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration Purchase Licensing Shares in U.S. oil producer Hess (HES.N), opens new tab suffered their largest daily percentage drop in 20 months on Thursday
Solar Power Plant
2024-08-01

Manhattan Project Nuclear Site Reimagined as a 1 GW Solar Farm
A northwest view of the Hanford Site's clean energy lands (Credit: DOE)A 580-square mile slice of semi-arid desert in southeast Washington that was used to produce nearly two-thirds of the plutonium used in the United States’ nuclear wea
Energy Storage Project
2024-08-01

Chalk One up for Domestic Supply! 2.2 GWh Battery Agreement Reached
(Image courtesy: Fluence, a Siemens and AES company)Fluence Energy and Excelsior Energy Capital have reached a multi-year agreement to develop 2.2 GWh of battery energy storage system (BESS) infrastructure in the United States utilizing battery cells prim
Offshore Wind Power
2024-07-31

Up to 2.2 GW Maryland Offshore Wind Project Moves Closer to Federal Approval
The US Bureau of Ocean Energy Management (BOEM) has released the final Environmental Impact Statement (EIS) for US Wind’s Maryland offshore wind project, indicating that the project is nearing the end of the federal review process.BOEM held thre
Oil & Gas Trade
2024-07-31

Viaro to Buy Shell, Exxon’s North Sea Assets
Independent British oil producer Viaro Energy said on Tuesday it would buy UK Southern North Sea assets owned by Shell (SHEL.L), opens new tab and Exxon Mobil (XOM.N), opens new tab.Reuters reported about the deal talks in May, citing sources and one of t
Renewable Energy
2024-07-31

EDP’s First-Half Profit Jumps 75% on Capital Gains in Renewables, Brazil
Portugal's largest utility EDP (EDP.LS), opens new tab posted a higher-than- expected 75% jump in first-half net profit on Tuesday, boosted by capital gains in its renewables subsidiary and earnings from its Brazilian unit after a successful full
Oil & Gas Trade
2024-07-31

Canada’s TC Energy to Sell Gas Pipeline Stake to Indigenous Communities for $722 Million
Pipeline operator TC Energy (TRP.TO), opens new tab said on Tuesday it will sell a minority stake in its Canadian natural gas pipeline system to Indigenous communities for C$1 billion ($722.1 million) as part of a plan to reduce debt and fund investments.
Nuclear Reactor
2024-07-31

Construction Begins on Kairos’s Fluoride Salt–Cooled Test Reactor
Workers begin construction at the Hermes site in Oak Ridge, Tenn. (Photo: Kairos Power)Earlier today, on a site in Oak Ridge, Tenn., that was formerly home to the K-33 Gaseous Diffusion Plant, Kairos Power marked the start of construction on its low-power
Oil & Gas Trade
2024-07-31

BP Eyes 2029 Production Start-up for High-Pressure Kaskida Project in u.s. Gulf of Mexico
bp has taken a final investment decision on the Kaskida project in the U.S. Gulf of Mexico.Kaskida will be bp’s sixth hub in the Gulf of Mexico, featuring a new floating production platform with the capacity to produce 80,000 bopd from six wells
Offshore Wind Power
2024-07-30

Boem Receives Unsolicited Offshore Wind Lease Request, Cancels Second Gulf of Mexico Sale
The Bureau of Ocean Energy Management (BOEM) has canceled its second Gulf of Mexico offshore wind lease sale due to a lack of competitive interest. Published on March 21, 2024, the Proposed Sale Notice (PSN) received 25 comments, but just one company was
LNG
2024-07-30

Freeport LNG Returns to Full Production
Freeport LNG was on track to return to full production on Sunday, pulling over 2 billion cubic feet (bcf) of natural gas, LSEG data showed.Freeport is the United States' second-largest LNG exporter and one of the most-watched U.S. LNG export plant
Oil & Gas Trade
2024-07-30

US Buys 4.65 Million Barrels for Emergency Oil Stockpile
The U.S. Department of Energy said on Monday it had finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, for delivery to the Bayou Choctaw site in Louisiana during the last three months of the year.Exxon
Photovoltaic （PV）
2024-07-29

Chile Installs 3,962 MW of Photovoltaic and 1,882 MW of Wind Power
Currently, there are more than 3.9 GW PV under construction in the country. 67% of Chile’s electricity generation in June was renewable and solar energy represented 15% of monthly generation.Generadoras Chile has presented its monthly bulletin c
Electric Vehicles
2024-07-28

Tesla and BYD Are Dominating the Global Electric Vehicle Market
Tesla's gross margin has been declining every quarter since Q1 2022, but it still maintains the largest BEV market share globally.BYD is hot on Tesla's heels, increasing its market share by ten percentage points between 2021 and 2023.Despi
Crude Oil
2024-07-28

Motiva Plans to Restart Texas Fcc Over Weekend, Sources Say
Motiva Enterprises plans to begin restarting the gasoline-producing fluidic catalytic cracker (FCC) at its 626,000-barrel-per-day (bpd) Port Arthur, Texas, refinery as early as Saturday, people familiar with plant operations said.Motiva plans to finish re

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Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms

America

Hess Shares Fall Most in 20 Months on Lengthy New Delay to Chevron Sale

Manhattan Project Nuclear Site Reimagined as a 1 GW Solar Farm

Chalk One up for Domestic Supply! 2.2 GWh Battery Agreement Reached

Up to 2.2 GW Maryland Offshore Wind Project Moves Closer to Federal Approval

Viaro to Buy Shell, Exxon’s North Sea Assets

EDP’s First-Half Profit Jumps 75% on Capital Gains in Renewables, Brazil

Canada’s TC Energy to Sell Gas Pipeline Stake to Indigenous Communities for $722 Million

Construction Begins on Kairos’s Fluoride Salt–Cooled Test Reactor

BP Eyes 2029 Production Start-up for High-Pressure Kaskida Project in u.s. Gulf of Mexico

Boem Receives Unsolicited Offshore Wind Lease Request, Cancels Second Gulf of Mexico Sale

Freeport LNG Returns to Full Production

US Buys 4.65 Million Barrels for Emergency Oil Stockpile

Chile Installs 3,962 MW of Photovoltaic and 1,882 MW of Wind Power

Tesla and BYD Are Dominating the Global Electric Vehicle Market

Motiva Plans to Restart Texas Fcc Over Weekend, Sources Say

Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms

Kenya Opens Solar-Plus-Storage Tender

Oil giant Shell to buy Canada’s ARC Resources for $16.4 billion in push to boost output

Italy Extends Construction Deadline for Agrivoltaic Tender

Norway’s First Floating Wind Tender Attracts Two Bids

Reduce Carbon Emissions! South Korea to Convert 1.18 Million Tons of Livestock Manure into Solid Fuel for Power Generation by 2030