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America
Crude Oil
2024-07-17
Exxon Shut Joliet, Illinois, Refinery After Power Outage
The logo of ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsExxon Mobil (XOM.N), opens new tab shut down its 251,800-barrel-per-day r
Nuclear Fusion
2024-07-17
Global Fusion Energy Investment Growth Falls for Second Year
Global fusion energy investment growth fell for a second year, an industry group said in an annual survey on Tuesday, amid difficulties in raising capital for a technology that one day could revolutionize the energy industry but has major hurdles.Investme
Solar Power Plant
2024-07-16
For the 9th Consecutive Month, Solar Is the Largest Source of New u.s. Generating Capacity and on Track to Be Second Only to Natural Gas Within Three Years
A review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC) reveals that the mix of renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) is now nearly 30% of total U.S. electrical gene
Carbon Capture
2024-07-16
Strathcona, Canada Growth Fund Ink $2B Carbon Capture Deal
Armed with public funding, Canada’s fifth-largest oil sands company Strathcona Resources is embracing carbon capture technology as its ticket to navigating the energy transition.The Calgary-based oil and gas producer is betting big on the future
Oil&Gas Drilling
2024-07-16
Exxon Plans to Drill up to 30 Wells for Its Seventh Oil Project in Guyana
The logo of ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsExxon Mobil Corp (XOM.N), opens new tab plans to drill up to 30 wells as
Oil&Gas Drilling
2024-07-16
Bolivia Govt Announces Natural Gas “Mega Field” in Biggest Discovery Since 2005
Trucks with gas cylinders and a gasoline tank truck are seen next petrol plant of Senkata outskirts of La Paz, Bolivia, November 23, 2019. REUTERS/David Mercado/file photo Purchase Licensing RightsBolivian President Luis Arce on Monday announced the disco
Ammonia
2024-07-15
CIPP Picks Potential Operator for Green Ammonia Export Terminal in Brazil
Stolthaven Terminals, in cooperation with Global Energy Storage (GES), has been selected by the Port of Pecém Authority (CIPP) as the only potential operator to plan, design, build and operate a green ammonia terminal in Pecém, in th
LNG
2024-07-15
Honeywell Splashes Out $1.81 Billion on LNG Business to Boost Energy Transition Offering
U.S.-based technology firm Honeywell has agreed to acquire the liquefied natural gas (LNG) process technology and equipment business from compatriot industrial gases supplier Air Products to be able to provide end-to-end services for global customers.LNG
Substation
2024-07-15
GE Vernova Wins Equipment Supply Order From Transelec for Chilean Substation Projects
GE Vernova to supply synchronous condensers and high-voltage substation for Transelec’s Ana Maria and Monte Mina substation projects in Chile. (Credit: GE Vernova)GE Vernova has secured an order from high voltage systems provider Transelec Holdi
Wave Energy
2024-07-15
Cable Installation on Schedule at First US Full-Scale Wave Energy Test Site
Cable installation for what is the first pre-permitted, utility-scale, grid-connected wave energy test site in the U.S. is scheduled to commence later this month.Source: Oregon State UniversityThe cables will support Oregon State University’s Pa
Oil & Gas Trade
2024-07-15
US Natgas Prices Fall 3% to Two-Month Low on Big Storage Build, Rising Output
Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo Purchase Licensing RightsU.S. natural gas futures
Hydrogen Project
2024-07-15
Hydrogen Energy Firm Huture to Go Public in $1 Bln Spac Deal
Hydrogen energy firm Huture said on Tuesday it has agreed to go public in the U.S. through a merger with a blank-check firm Aquaron Acquisition Corp (AQU.O), opens new tab in a deal that would value the combined company at $1 billion.The SPAC market has s
Offshore Wind Power
2024-07-15
Elecnor Begins Construction of a 320 MW Wind Power Plant in Mexico
The construction of this new wind farm is expected to generate more than 2,000 direct and indirect jobs.Elecnor has recently been awarded a contract in Mexico for the engineering, supply and construction of the Cimarrón wind farm of around 320
Electric Vehicles
2024-07-13
Tesla Cybertruck Drove Us EV Prices Higher in June
EV prices are trending slightly higher in June because of Tesla Cybertruck sales, reports Kelley Blue Book.In June, the average price for a new EV was $56,371, an increase of 0.9% compared to May. However, June EV prices were lower by 2.5% year-over-year.
Energy Storage Project
2024-07-13
Department of Energy to Fund Non-lithium Long-Duration Energy Storage Projects
Source: petrmalinak/Shutterstock.comThe U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) is looking to advance the development of non-lithium long-duration energy storage (LDES) by funding pilot demonstration projec
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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