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America
Oil&Gas Drilling
2024-02-04
US Drillers Cut Oil and Gas Rigs for First Time in Three Weeks - Baker Hughes
The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsU.S. energy firms this week cut the number of
Oil & Gas Trade
2024-02-04
Exxon Beats Estimates, Ends 2023 With a $36 Billion Profit
Exxon Mobil (XOM.N), opens new tab on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas production.Profits from oil majors have been down in 2023 by about a third from record levels in 2022, p
Carbon Capture
2024-02-04
US Energy Department Selects Delek's Refinery for Pilot Carbon Capture Project
Delek US Holdings (DK.N), opens new tab said on Friday the U.S. Department of Energy has selected its Big Spring refinery for a pilot carbon capture project and would provide up to $95 million of federal funding to support its development.Carbon capture i
Electric Vehicles
2024-02-02
Tesla Cybertruck Wheel Covers Cause Unusual Wear, Will Be Redesigned
Tesla Cybertrucks are now being delivered without aerodynamic wheel covers installed, due to the covers causing excessive wear and tear to tires. Tesla is currently redesigning the covers, with a fix coming soon™.In the last couple days we&r
Hydrogen Fuel Cell
2024-02-02
DOE Awarding $10.5m to 3 Projects to Advance Hydrogen Combustion Engine Innovation
The US Department of Energy (DOE) recently announced 27 projects to receive $71 million to develop innovative and equitable clean mobility options, including $10.5 million for three projects focused on research, development, and demonstration of hydrogen
Biofuel
2024-02-02
EIA: Total US Biofuels Capacity Expands to 23.77 Billion Gallons per Year in November
Total U.S. biofuel operatable production capacity was up slightly in November, with gains for ethanol, according to data released by the U.S. Energy Information Administration on Jan. 31. Total feedstock consumption was down slightly from October.Total bi
Solar Power Plant
2024-02-02
Vesper Energy's 600 MW Photovoltaic (PV) Solar Project in Texas Secures $590M Financing
Renewable energy project developer Vesper Energy has closed a $590 million financing deal for its Hornet Solar project in Texas. This project is said to become one of the largest single-phase solar initiatives in the United States, covering six square mil
Solar Power Plant
2024-02-02
Aggreko Acquires 13 MW Behind-The-Meter Texas Solar Site
(Photo by Angie Warren on Unsplash)Aggrekon announced that the company’s Energy Transition Solutions (Aggreko ETS) division has acquired a 13 MW behind-the-meter solar power project site in Texas.Aggreko ETS will oversee the construction, own, a
Coal Production
2024-02-02
US Thermal Coal Exports Hit 5-Year Highs and Top $5 Billion in 2023
Dump trucks haul coal and sediment at the Black Butte coal mine outside Rock Springs, Wyoming, U.S. April 4, 2017. REUTERS/Jim Urquhart Acquire Licensing RightsUnited States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out
LNG
2024-02-02
US LNG Exports Fall in January on Arctic Freeze, Plant Outages
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 Acquire Licensing RightsCold weather and outages
Renewable Energy
2024-02-02
Alberta Pension Manager Launches C$1 Billion Energy Transition Fund
Top Canadian pension manager the Alberta Investment Management Corporation (AIMCo) on Thursday announced the creation of a C$1 billion ($745 million) energy transition fund, following similar moves by peers.AIMCo, which has C$158 billion in assets, said t
Carbon Emissions
2024-02-02
Climate Software Firm Watershed Raises $100 Million in New Funding Round
Climate software company Watershed has raised $100 million in a Series C funding round led by investment firm Greenoaks, valuing the company at $1.8 billion.Sequoia Capital, Kleiner Perkins, and Galvanize Climate Solutions also participated in the round,
Power Construction
2024-02-02
E.ON Posts $10 Billion Core Profit on Grid Business, Buffer Release
A shareholder carries a bag with the logo of E.ON during the company's annual shareholders meeting in Essen, Germany May 10, 2017. REUTERS/Thilo Schmuelgen/File Photo Acquire Licensing RightsE.ON (EONGn.DE), opens new tab, Europe's biggest
Energy Saving
2024-02-01
Building Enters Partnership With International Environment NGO to Focus on Energy Efficiency in the Built Environment
Work with Climate Group will include thought leadership and insight content, research, and eventsBuilding’s publisher Assemble Media Group has entered a strategic partnership with the international NGO Climate Group, to highlight the huge transi
United States
2024-02-01
Oil Nudges Higher on Fed Rate Cut Expectations
An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021, in this photo taken by Kyodo. Kyodo/via REUTERS Acquire Licensing RightsOil prices climbed on Thursday, supported by signals from the U.S. Feder
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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