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America
Energy Taxation
2024-05-30
Biden Administration Expands Tax Credits Beyond Wind, Solar
The sun rises behind windmills at a wind farm in Palm Springs, California, February 9, 2011. REUTERS/Lucy Nicholson//File Photo Purchase Licensing RightsThe Biden administration on Wednesday proposed expanding tax credits that have for years boosted U.S.
Biofuel
2024-05-29
DOE Funds 7 Carbon Removal and Storage Projects Focused on Biomass
The U.S. Department of Energy on May 28 awarded funding to seven biomass with carbon removal and storage projects that will use plants and algae to remove carbon dioxide from the atmosphere for permanent storage underground or in long-lived products.The s
Oil & Gas Trade
2024-05-29
Energy Transfer Expands Permian Presence With $3.25 Bln WTG Midstream Buy
Energy Transfer (ET.N), opens new tab said on Tuesday it would buy WTG Midstream Holdings in a deal valued at about $3.25 billion, the latest acquisition in the midstream sector aimed at expanding transportation and processing network in the Permian Basin
Power Cable
2024-05-29
Over 939,000 Customers Without Power in Texas, Other States From Storms
Wreckage is strewn across a property the day after a deadly series of tornados hit the central United States, in Valley View, Texas, U.S. in a still image from aerial video. ABC Affiliate WFAA via REUTERS/ File Photo Purchase Licensing RightsOver 939,000
Oil & Gas Trade
2024-05-29
Hess Shareholders Sign off on $53 Billion Sale to Chevron
Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsHess (HES.N), opens new tab shareholders on Tuesday approved the proposed $53 billion merger with Chevron (CV
Oil Field
2024-05-28
Qatarenergy Announces Fid in 2nd Development Phase for Brazil's Field
QatarEnergy announces that the consortium partners in the Sepia joint venture have taken the final investment decision (FID) for the second development phase of the Sépia field, located in the prolific pre-salt Santos Basin, offshore Brazil.The
Solar Power Plant
2024-05-28
Bechtel-Built Cutlass Solar 2 Generates Energy at Full Capacity
The Bechtel-built Cutlass Solar 2 project in Fort Bend, Texas, is complete and generating electricity at full capacity for the first time, sending enough clean, renewable energy to the grid to power 40 000 homes – a milestone that comes ahead of
Renewable Energy
2024-05-28
Renewables Are Almost 30% of U.S. Electrical Generation in March; Solar + Wind Provide More Electricity Than either Coal or Nuclear Power.
A review by the SUN DAY Campaign of data recently released by the U.S. Energy Information Administration (EIA) confirms that solar has continued its decade-long streak as the nation’s fastest growing source of electricity.Key Trends:In its lates
Photovoltaic （PV）
2024-05-28
Novawind to Deploy 200 MWp of Solar Photovoltaic in Mali
The Russian NovaWind will urgently install 200 MWp of photovoltaic solar energy in Mali. As the electricity crisis continues to slow the development of Mali’s economy, transitional president Assimi Goïta laid the foundation stone for a
Geothermal Power Plant
2024-05-28
Colorado Announces $7.7 Million Grant Awards for 35 Geothermal Projects
Pagosa Springs, Colorado/ U.S. (source: flickr/ EmmaNoProblema.com)Colorado Governor Jared Polis and the Colorado Energy Office have announced $7.7 million in grant awards through the Geothermal Energy Grant Program for 35 innovative geothermal projects i
Oil & Gas Trade
2024-05-28
BP, EOG Resources in Talks to Jointly Develop Trinidad Gas Field
The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsOil major BP (BP.L)
Oil & Gas Trade
2024-05-28
New Petrobras CEO Pushes Offshore Oil Prospect as Matter of 'National Interest'
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo Purchase Licensing RightsPetrobras' new chief executive said a basin in Brazil&am
Offshore Wind Power
2024-05-27
Pacifico Seals Foundations Deal for 3.2 GW Project in US-Korean Offshore Wind First
Pacifico Energy Korea (PEK) has signed a Memorandum of Understanding with HSG Sungdong Shipbuilding to develop and supply foundations for the 3.2 GW Jindo offshore wind farm cluster off the coast of Jindo County, South Jeolla Province.Source: Pacifico Ene
Electric Vehicles
2024-05-27
Musk Opposes US Tariffs on Chinese EVs
Tesla founder Elon Musk said he was taken aback by US President Joe Biden's decision to impose 100 percent tariffs on imported Chinese electric vehicles."In fact, I was surprised when they (the Biden administration) announced (the tariffs). T
Oil Exploration
2024-05-27
Petrobras Taps Seatrium for Construction of $8.15 Billion FPSO Pair
Brazilian state-owned oil and gas giant Petrobras has hired Singapore-headquartered Seatrium Limited for the supply of two floating production, storage, and offloading (FPSO) units, which will be deployed at its fields in the pre-salt Santos Basin off the
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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
