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America
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
Solar Battery (Storage)
2024-01-03
IEC Inks Strategic Partnership Deal With Huawei
From left: Bo Zhou, CEO and country manager — Huawei Jamaica; Courtney Hamilton, director, Enterprise Business Group — Huawei Jamaica; Nigel Davy, executive chairman, Innovative Energy Company; Felix Chen, president — digital power, Huawei Central America
Green Hydrogen
2024-01-03
A Perovskite Makeover Could Help Make Green Hydrogen Happen
New green hydrogen technology provides an opening to help kick fossil fuels out of leading economic sectors including food systems and chemicals industry as well as transportation and power generation. The challenge is to bring costs down, and research te
Electric Vehicles
2024-01-03
Hyundai Patents an All-Solid-State EV Battery System in the US
Can solid-state batteries improve EVs even more? Hyundai is betting on it. The automaker recently filed a patent for a pressurized all-solid-state EV battery system in the US.Hyundai files patent for all-solid-state EV battery systemHyundai looks to get a
Geothermal Power Plant
2024-01-03
Project Innerspace to Publish Collaborative Geothermal Reports on Two Us States
Oil pumper, Shawnee, Oklahoma (source: flickr/ MsAnthea, creative commons)Following the publication of a first-of-its-kind, landmark study entitled The Future of Geothermal in Texas, Project InnerSpace has announced the kick-off of two additional state-sp
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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
