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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
Offshore Wind Power
2024-07-27
US DOE Issues USD 48.6 Million Call for Offshore Wind R&D
The US Department of Energy’s (DOE’s) Wind Energy Technologies Office (WETO) has launched the Offshore Wind National and Regional Research and Development Funding Opportunity, allocating USD 48.6 million to projects designed to address
Solar Cell
2024-07-27
Thousands of Texans Kept the Lights on Through Beryl via Sunnova Solar + Storage Systems
While hundreds of thousands of Texans waited for their power to come back on post-Hurricane Beryl, a bevy of Sunnova customers were generating energy.Sunnova Energy International announced today that it powered the homes of nearly 3,000 customers in the H
Solar Cell
2024-07-27
Heliene and Premier Energies to Open New u.s. Solar Cell Manufacturing Facility
Heliene continues to make strides toward solidifying a solar supply chain in the United States.On Thursday, the PV module provider announced a joint venture with Premier Energies, India’s second-largest solar cell manufacturing company, that wil
Energy Storage Project
2024-07-27
New York Drafts Updates to Its Fire Code to Address Battery Storage Growth
Governor Kathy Hochul announced updates to the New York Fire Code addressing recommendations from the Governor’s Interagency Fire Safety Working Group. The draft code language includes updates and additions to improve coordination, safety, and e
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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
