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America
Oil&Gas Drilling
2024-05-17
Crescent Energy Expands Texas Shale Ops With $2.1 Billion Silverbow Buy
Oil and gas producer Crescent Energy (CRGY.N), opens new tab has agreed to buy rival SilverBow Resources (SBOW.N), opens new tab for $2.1 billion, a deal which would create the second-largest operator in the Eagle Ford basin in south Texas.The agreement c
Oil Field
2024-05-16
SBM Offshore Puts FPSO Work for Exxonmobil's Oil Project Offshore Guyana Into the Hands of Seatrium
Single Buoy Moorings, a subsidiary of the Netherlands-based FPSO operator SBM Offshore, has tasked Singapore-headquartered Seatrium Limited with the topsides fabrication and integration of a floating production, storage, and offloading (FPSO) vessel, whic
Renewable Energy
2024-05-16
Saudi Energy Minister, US Secretary of Energy Sign Roadmap for Cooperation
Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz has met in Riyadh with US Secretary of Energy Jennifer M. Granholm.Within the context of the Partnership for Advancing Clean Energy Agreement, signed by the Kingdom and the US in Jeddah on
Energy Storage Project
2024-05-16
ACP Statement on 301 Tariffs for Battery Storage
The American Clean Power Association (ACP) released the following statement today from ACP CEO Jason Grumet after the Biden Administration’s decision on Section 301 tariffs related to lithium-ion batteries for energy storage:Today’s de
Gas Power Stations
2024-05-16
Utility Plans Another Gas-Fired Power Plant for North Dakota
Todd Brickhouse, CEO of Basin Electric Power Cooperative, participates in a roundtable discussion on the energy supply during the Williston Basin Petroleum Conference at the Bismarck Event Center on May 15, 2024. (Michael Achterling/North Dakota Monitor)B
Oil&Gas Drilling
2024-05-16
Colombia Oil Output Closing in on 800,000 Bpd, Regulator Head Says
Colombia's average daily oil output is closing in on 800,000 barrels per day (bpd) even as the Andean country increasingly looks to boost renewable energies, the president of the National Hydrocarbons Association (ANH) regulator said.The governmen
LNG
2024-05-16
Ships Queue at Freeport LNG Plant in Texas as Full Operations Resume
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 RightsLNG tankers began loadin
Oil & Gas Trade
2024-05-16
Petrobras Shares Plunge as Brazil's Lula Swaps CEO, CFO
Brazil’s state-run oil company Petrobras Chief Executive Jean-Paul Prates attends an interview with Reuters in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Purchase Licensing RightsBrazil's Petrobras (PETR4.SA)
Oil&Gas Drilling
2024-05-15
Woodside Making Strides in Developing Deepwater Gas Project
Australian energy giant Woodside Energy has discussed the inroads made in the development of its deepwater natural gas field off the coast of Trinidad with the country’s Ministry of Energy and Energy Industries. The negotiations on fiscal terms
Hydrogen Project
2024-05-15
Brazil's Eletrobras Partners With Gep on Green Hydrogen
Logos of Eletrobras, a hydroelectric power generation company based in Brazil, is seen on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 20, 2021. REUTERS/Andrew Kelly/File PhotoPurchase LicensingRightsBrazil&
Carbon Capture
2024-05-15
Indonesia's Pertamina, Exxonmobil, KNOC Sign Deal for CCS Hub Development
Indonesia's state energy firm Pertamina, U.S. major ExxonMobil and South Korea's KNOC on Wednesday signed a framework agreement for a carbon capture and storage (CCS) hub development in Indonesia. Pertamina and ExxonMobil also signed a dea
Photovoltaic (PV)
2024-05-15
SEG Solar and Grand Batang City Sign Land Utilization Agreement for Southeast Asia's Largest PV Industrial Park
On May 15th, SEG Solar ("SEG"), a leading U.S. producer of photovoltaic (PV) modules, and Kawasan Industri Terpadu Batang (Grand Batang City), the largest SOE industrial estate in Indonesia, held a signing ceremony to execute a Land Utilization
Oil & Gas Trade
2024-05-15
Iraq and Honeywell Sign Deals to Support Iraq's Energy Growth
The Iraqi government and Iraq’s private sector and Honeywell have signed a number of Memoranda of Understandings (MoUs). The MoUs will strengthen Iraq’s infrastructure as the nation deals with a growing demand for energy and power.The
Electric Vehicle Battery
2024-05-15
BYD Postpones Plans for 2025 Chile Lithium Cathode Plant
Chinese carmaker BYD Co has postponed plans to produce lithium cathodes for electric vehicle (EV) batteries in Chile by 2025, the firm’s Americas head told Reuters on Tuesday.Chile’s economic development agency CORFO last year said pro
Uranium Project
2024-05-15
US Q1 Uranium Production Highest Since 2018
US production of 82,533 pounds U3O8 (32.1 tU) in the first quarter of 2024 was the highest Q1 production since 2018 and almost 80% more than production for the whole of 2023.The ion exchange plant at the Rosita facility (Image: enCore Energy)According to
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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