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America
Oil&Gas Drilling
2024-07-27
US Oil/Gas Rig Count Rises in July in Biggest Monthly Hike Since Nov 2022 - Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a second week in a row, boosting the monthly count by the most since November 2022, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely followed report on Friday.The o
Oil & Gas Trade
2024-07-27
Mexico’s Pemex Swings to $14 Bln Quarterly Loss on Lower Sales, Currency Losses
Mexico's state-owned oil company Pemex swung to a 256 billion peso ($14 billion) second-quarter net loss on Friday, red ink the energy giant chalked up to lower sales, a higher cost of sales and large currency exchange losses.The quarterly loss co
Photovoltaic （PV）
2024-07-26
DOE Announces $33 Million to Deploy Solar Technologies to Decarbonize America’s Industrial Sector
Nine Projects Across Seven States Will Support Solar-Powered Production of Hydrogen and Lower Emissions from the Aviation, Food and Beverage, and Other Sectors.In support of the Biden-Harris Administration’s Investing in America agenda, the U.S.
Offshore Wind Power
2024-07-26
US Wind Power Falls to 33-Month Low, Generators Burn More Natgas
The amount of electricity produced by wind farms in the U.S. fell to a 33-month low on Monday, forcing power generators to crank up natural-gas fired plants to keep air conditioners humming during a hot summer day.Over the past few years, much of the mone
Oil & Gas Trade
2024-07-26
Exxon Mobil, CF Industries sign carbon capture and storage deal
Energy major Exxon Mobil (XOM.N), opens new tab said on Thursday it has entered into a carbon capture and storage (CCS) agreement with ammonia producer CF Industries (CF.N), opens new tab.Carbon capture is a process through which carbon dioxide (CO2) gene
Oil & Gas Trade
2024-07-26
Canada’s Pieridae Energy Shuts-in Production Amid Low Natgas Prices
Canadian energy company Pieridae Energy (PEA.TO), opens new tab said on Thursday it has shut-in the production of about 6,250 barrels of oil equivalent per day (boe/d) that flows to a third-party owned and operated facility, in response to low natural gas
Oil & Gas Trade
2024-07-25
Texas LNG and EQT Sign 20-Year Agreement for Gas Liquefaction Services
Texas LNG is a planned export facility in the Port of Brownsville, Texas. Credit: Nadja1/Shutterstock.Texas LNG Brownsville (Texas LNG), operated by Glenfarne Energy Transition, has finalised a 20-year tolling agreement with EQT.Texas LNG is a planned 4mt
Oil & Gas Trade
2024-07-25
With First FLNG Unit Online, US Player Gets Hold of $700 Million Loan to Build Second One
U.S. energy infrastructure player New Fortress Energy (NFE) has secured a $700 million loan to cover its construction costs for a second floating liquefied natural gas (FLNG) unit, which will join the first one at its LNG terminal in Altamira, Mexico.Alta
Hydropower Plant
2024-07-25
Hive Digital Plans 100MW Bitcoin Mining Center Using Hydropower
Image credit: Itaipu BinacionalHIVE Digital Technologies Ltd., a digital asset miner and data center builder and operator, will construct a 100MW digital asset mining operation in Paraguay, powered by hydroelectricity from the 14GW Itaipu project.With glo
Energy Storage Project
2024-07-25
Tesla Earnings Are Slipping— But Its Battery Business Is Booming
A Ninedot Energy site with Tesla Megapack batteries and a solar canopy (courtesy: NineDot Energy)Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price c
Energy Storage Project
2024-07-25
New York Gets Federal Funding to Demonstrate Fire-Safe Long-Duration Energy Storage
A long duration energy storage sikution by Urban Electric Power (courtesy: Urban Electric Power)Fire-safe long-duration energy storage? Sounds like a perfect fit for New York, and the Department of Energy agrees.A pair of fire-safe long-duration energy st
Hydropower Plant
2024-07-24
HIVE Digital Technologies to Build Hydro Powered Data Center in Paraguay
Photo of Itaipu dam: Alexandre Marchetti/Itaipu BinacionalHIVE Digital Technologies Ltd has announced plans to construct a a 100MW digital asset mining operation in Paraguay utilizing clean energy from the Itaipu hydroelectric dam. This project aims to do
Nuclear Reactor
2024-07-24
Burns & McDonnell to Advance BWXT Microreactor Development
US construction firm Burns & McDonnell has entered into an agreement with BWX Technologies Inc to further the design and development of the BWXT Advanced Nuclear Reactor (BANR), which is being evaluated for deployment in Wyoming.Concept for a BANR mic
Offshore Wind Power
2024-07-24
ABS Approves CLS Wind’s Offshore Wind Installation Technology
The American Bureau of Shipping (ABS) has issued an Approval in Principle (AiP) to CLS Wind for its wind turbine assembly system.The patented elevator-style assembly is said to promise easier, safer, and faster wind turbine and nacelle installation and ma
Offshore Wind Power
2024-07-24
California Puc Sets Out Procurement Path for 7.6 GW of Offshore Wind in Operation by 2037
The California Public Utilities Commission (CPUC) has issued a proposed decision that could see the US state running three offshore wind solicitations to procure up to 7.6 GW of installed capacity. The first projects under the proposed procurement timelin
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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
