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Oil & Gas Trade
2024-02-17
US Awards SPR Contracts Worth $229.5 Million to Exxonmobil, BP, Others
The Biden administration has awarded Strategic Petroleum Reserve (SPR) contracts for 2.95 million barrels of oil worth about $229.5 million to four companies, the U.S. Energy Department said on Thursday.The U.S.-produced crude oil is being purchased for a
Oil & Gas Trade
2024-02-17
India Resumes Buying Russian Sokol Oil After 2-Month Hiatus, Sources Say
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo Purchase Licensing RightsIndia has resumed imports of Russian Sokol oil after a two-month gap with at least two refiners
Carbon Emissions
2024-02-17
Germany to Earmark 4 Bln Euros for Industry Decarbonisation Subsidies - Source
The German government will earmark some 4 billion euros ($4.31 billion) for subsidies to support energy-intensive firms switching to green production, a government source told Reuters on Friday.As part of Germany's ambitions to become climate-neut
Carbon Capture
2024-02-17
Veolia Feasibility Study Highlights Potential of UK's First Carbon Capture Technology to Produce Sustainable Fuels Using Energy Recovery Facilities
Veolia has launched a site feasibility study ahead of a pilot project to use innovative carbon capture processes in energy recovery facilities (ERF) in the UK. Developed with the aim of producing green fuels by capturing, extracting and purifying CO2, it
Power Construction
2024-02-17
Hitachi Energy and Transnetbw Make German Grid Fit for Future
- SVC Light Enhanced solution combines grid stabilizing technologies for a decarbonized future.- The breakthrough solution will improve the power quality in the transmission grid that supplies power to 11 million people and numerous industries.ZURICH, SWI
Offshore Wind Power
2024-02-14
EDP Renewables is awarded long-term contracts for the sale of 100 MW of wind energy in Italy
These contracts are for three renewable projects totaling 100 MW in southern Italy;This move strengthens the implementation of Italy’s energy transition, aligning with the country’s goal of reaching 80 GW of installed capacity by 2030.
Natural Gas
2024-02-05
Shell, Partners Agree to Develop Nigerian Gas Project
Royal Dutch Shell PLC's Nigerian unit said it has agreed to build a gas upstream facility in Lagos along with other joint-venture partners.The Shell Petroleum Development Company of Nigeria said on Sunday that it has taken a final investment decis
Coal Trade
2024-02-05
Greek Utility Secures Funding for 550 MW PV Plant at Former Coal Mine
Greece’s state-owned utility Public Power Corp. (PPC) has announced financing for the construction of a 550 MW solar plant. The project developed in the Lignite Center near Ptolemaida, a town in the Kozani regional unit of Western Macedonia, is
Natural Gas
2024-02-05
Shell to supply Dangote one billion cubic feet of gas
Shell Petroleum Development Company of Nigeria Limited (SPDC) will supply about one billion standard cubic feet of gas to Dangote Fertiliser and Petrochemical Plant in Lekki, Lagos State over the next 10 years.The deal, with a Final Investment Decision al
Electric Vehicles
2024-02-05
It Begins: Ethiopia Set to Become First Country to Ban Internal Combustion Cars
Ethiopia spent nearly $6 billion to import fossil fuels last year — with more than half of that spending going to fuel vehicles. In response, Ethiopia’s Transport and Logistics Ministries have announced that automobiles cannot enter Ethiopia, un
Wave Energy
2024-02-05
Shell Joins Wave Power Project
Image: Renewables for Subsea Power / Blue XShell has joined the Renewables for Subsea Power (RSP) project, a collaborative initiative utilising wave power and subsea energy storage to power subsea equipment off the Orkney coast.The £2 million de
Nuclear waste
2024-02-05
Nuvia to Carry out Ringhals Decommissioning Work
Nuvia, a subsidiary of France's Vinci construction group, has been awarded a contract by Vattenfall to remove, inspect and sort the radioactive and other materials currently inside the reactor buildings of units 1 and 2 at the Ringhals nuclear pow
Nuclear Equipment
2024-02-04
Replacement Steam Generators Arrive at Cruas-Meysse
Three new steam generators were delivered last month to the Cruas-Meysse nuclear power plant in south-eastern France. The components will be replaced at unit 3 later this year in order to enable the 900 MWe pressurised water reactor (PWR) to continue oper
Nuclear Power Plant (NPP)
2024-02-04
Nuvia to Carry out Ringhals Decommissioning Work
Nuvia, a subsidiary of France's Vinci construction group, has been awarded a contract by Vattenfall to remove, inspect and sort the radioactive and other materials currently inside the reactor buildings of units 1 and 2 at the Ringhals nuclear pow
Offshore Wind Power
2024-02-04
Renewables Generated 52.1%, With Wind Power Being the First Source of Generation in Spain and Photovoltaic 7%.
The demand for electrical energy in Spain increases 1.1% in January. Renewables generated 52.1%, up to 12,202 GWh of electricity, with wind power being the first source of generation in Spain for the fourth consecutive month with 24.6% of all electricity
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