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PowerGrid Technology
2024-02-28
Sempra Boosts Capex by 20% as California, Texas Drive Power Demand
U.S. electric utility Sempra (SRE.N), opens new tab on Tuesday raised its five-year capital expenditures plan by 20% to $48 billion, as power demand growth in Texas and California spurs investments.Transmission and distribution dominates San Diego, Califo
Oil & Gas Trade
2024-02-28
BP Asks US Regulators to Reject Venture Global's Permit Extension Request
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 RightsBP Plc on Tuesday u
Oil & Gas Trade
2024-02-28
Hess Says Pre-emption Provision Does Not Apply to Buyout Deal with Chevron
Hess logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsHess (HES.N), opens new tab said on Tuesday that a pre-emption provision does not apply to its proposed $53-billion
Oil & Gas Trade
2024-02-27
Totalenergies, Shell, Chevron Double Down on African Oil, Gas
Leading IOCs are affirming their commitment to African oil and gas – a positive indication for service providers, drilling contractors and the industry at-large. Speaking in Nigeria earlier this month, high-level representatives from TotalEnergi
Renewable Energy
2024-02-27
Renewables End 2023 Providing 22.7% of u.s. Electrical Generation as Solar Pulls Even With Hydropower and Solar + Wind Close in on Coal.
A review by the SUN DAY Campaign of data newly-released by the U.S. Energy Information Administration (EIA) reveals that solar has continued its decade-long streak of being the nation’s fastest growing source of electricity.In its latest monthly
Geothermal Power Plant
2024-02-27
Ohio Research Proposes Coupling Geothermal With Direct Air Carbon Capture
Hellisheidi geothermal power plant, Iceland (source: ThinkGeoEnergy)A study done by researchers at the Ohio State University proposes a method for developing a system that combines direct air CO2 capture technologies (DACC) with CO2 Plume Geothermal that
LNG
2024-02-27
FSRU Reaches NFE's Barcarena LNG Terminal in Brazil
U.S. energy infrastructure company New Fortress Energy (NFE) has welcomed the floating storage and regasification unit (FSRU) Energos Celsius at its LNG terminal in Barcarena, Brazil.Courtesy of New Fortress EnergyNFE announced the arrival of Energos Cels
Oil Price
2024-02-27
Oil Gains Over $1 on Possible Shipping Disruptions
Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/David McNew/File Photo Purchase Licensing RightsOil prices gained on Monday as European diesel dem
Crude Oil
2024-02-27
Biden Administration Slowly Replenishes Strategic Oil Reserve
The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif/File Photo Purchase Licensing RightsThe Biden administration is slowly replenishing th
Oil & Gas Trade
2024-02-27
Chevron, Exxon in Dispute Over Hess Stake in Guyana Oil Block
Hess logo is seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration Purchase Licensing RightsExxon Mobil Corp (XOM.N), opens new tab said on Monday it may preempt Chevron Corp's (CVX.N), opens new tab acquisition of a 3
LNG
2024-02-27
Venture Global LNG Says It Won't Provide Confidential Documents Unless Ordered
Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsVenture Global LNG on Monday told U.S. regulators it will not provide energy firms Repsol SA
Hydrogen Production
2024-02-26
OMV Petrom Signs Pnrr Financing for Two Green Hydrogen Production Projects at Petrobrazi Refinery
OMV Petrom announces the signing of two PNRR (National Recovery and Resilience Plan) financing contracts for the construction of two green hydrogen production capacities with a total capacity of 55 MW at Petrobrazi refinery. The contracts were signed with
LNG
2024-02-26
Latest Round of US and UK Sanctions Takes Aim at Russia's Arctic LNG 2 Project
Photo of construction at Novatek’s Belokamenka assembly yard near Murmansk. (Source Novatek)The US and UK announced further sanctions against Russia´s Arctic LNG 2-project targeting ship construction in Russia and South Korea and Novat
Hydrogen Project
2024-02-26
Logan Receives £5M to Support Hydrogen Plans
Bill Ireland: energy mixLogan Energy has secured £5 million to develop its hydrogen power technology and expand its operations.More than half the funding is from green energy investment company, Lanxing New Energy, based in Singapore. The balanc
Electric Vehicles
2024-02-26
Tesla Cybertruck Turns Into a Tank With Massive Snow Tracks
Tesla Cybertruck is often described as a tank, but it now literally comes a lot closer to one with these massive snow tracks.When Elon Musk first talked about the Cybertruck, he described it as an armored personnel carrier from the future and a tank inspi
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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