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America
Carbon Capture
2024-01-05
Exxonmobil to Pilot Carbon Capture via Carbonate Fuel Cells
The fuel cell maker FuelCell Energy will expand on its research partnership with ExxonMobil by installing a pilot system that can capture carbon dioxide while generating additional power at the oil company’s refinery in Rotterdam, the Netherland
United States
2024-01-05
Solaredge Sees Moderate Growth in U.S. Solar Industry This Year
Miniatures of solar panel and electric pole are seen in front of SolarEdge logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsThe U.S. solar industry will experience modest growth in 2024,
Oil Price
2024-01-05
Oil Settles Lower on Massive US Fuel Inventory Builds
A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo Acquire Licensing RightsOil settled lower on Thursday in a choppy see-saw session, as massive weekly gasoline and dist
Oil & Gas Trade
2024-01-05
Biden Administration Slowly Puts Oil Back Into the Spr Emergency Stash
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo Acquire Licensing RightsThe administration o
Oil & Gas Trade
2024-01-05
Exxon Earnings to Drop on California Offshore Exit, Weaker Prices
Cars are seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew KellyFile Photo Acquire Licensing RightsExxon Mobil Corp (XOM.N) warned on Thursday it would write down about $2.5 billion of California assets in th
Oil & Gas Trade
2024-01-04
Chevron to Take Up to $4BLN Impairment Impact
Oil giant Chevron has said it would take an accounting hit to part of its U.S. assets and recognize some losses, resulting in an impact in its fourth quarter results of up to $4 billion.The impairment of U.S. assets, mainly in California, was "due to
Hydrogen Production
2024-01-04
Treasury, IRS Issue Proposed Regulations for Ira's Clean Hydrogen Production Tax Credit
The U.S. Treasury Department and International Revenue Service on Dec. 22 released proposed regulations for the clean hydrogen tax credit created by the Inflation Reduction Act. The guidance, in part, addresses the production of clean hydrogen using bioma
LNG
2024-01-04
Report: Production Starts at Russia's Arctic Lng 2 Despite US Sanctions
Russia’s liquefied natural gas (LNG) producer Novatek has begun production at its Arctic LNG 2 project despite U.S. sanctions, media company Bloomberg reported.Archive; Courtesy of NovatekAccording to Bloomberg, Russia’s Deputy Prime M
Wind Turbine
2024-01-04
Kentucky's Largest Utility Testing Wind's Energy Potential With State's First Utility-Scale Turbine
LG&E and KU’s research wind turbine rises to 165 feet. (Photo courtesy of LG&E and KU)Kentucky’s largest utility has built what it says is the state’s first utility-scale wind turbine in an effort to test the potentia
Power Construction
2024-01-04
Copenhagen Infra, Avangrid JV Vineyard Wind Supplies First Power to Grid
Copenhagen Infrastructure Partners and Avangrid (AGR.N) said on Wednesday their joint venture Vineyard Wind began generating power for the first time, supplying five megawatts (MW) to the New England grid.The project is expected to have five turbines oper
Oil and Gas Equipment
2024-01-04
Bunge says damaged natgas pipeline caused Indiana soy plant closure
A soybean processing facility in Decatur, Indiana, operated by global grain handler Bunge (BG.N) stopped operations last week following damage to a natural gas pipeline that feeds the site, the company said in a statement to Reuters on Wednesday.Bunge sai
Oil & Gas Trade
2024-01-04
Venezuela's 2023 Oil Exports Rose, Aided by Us Sanctions Easing
An oil pump jack is seen in an oil field near Lake Maracaibo, in Cabimas, Venezuela October 14, 2022. REUTERS/Issac Urrutia/File Photo Acquire Licensing RightsVenezuela's oil exports increased 12% last year to almost 700,000 barrels per day (bpd)
Offshore Wind Power
2024-01-04
Equinor, BP Cancel Contract to Sell Offshore Wind Power to New York
Equinor's logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsEuropean energy firms Equinor (EQNR.OL) and BP (BP.L) terminated their agreement to sell power to New York
Oil & Gas Supply
2024-01-04
US Seeks 3 Mln Barrels of Crude for Strategic Reserve - Energy Dept
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 Acquire Licensing RightsThe U.S. is seeking to buy up to 3 million barrels of U.S.-pro
Energy Storage Project
2024-01-03
US Battery Storage Demand to Surge Within This Decade, Says Seia
SEIA said in its new Energizing American Battery Storage Manufacturing report that credits offered through the US Inflation Reduction Act (IRA) have spurred the adoption of electric vehicles, energy storage and other forms of electrification. However, dom
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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