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Oil&Gas Drilling
2024-05-06
Conocophillips Reaches First Oil at Norway’s Eldfisk North Ahead of Schedule
ConocoPhillips Skandinavia has announced successful first oil production at its Eldfisk North project in the Norwegian North Sea.Located in the Greater Ekofisk Area, ConocoPhillips said oil and gas resources from the project are being produced some weeks
Offshore Wind Power
2024-05-06
Denmark Launches an Offshore Wind Auction With Enough Capacity to Meet the Country's Entire Demand
Last week, Denmark launched an offshore wind auction that could award up to 6 GW, enough to meet the country’s electricity needs.Currently, Denmark has 2.7 GW of offshore wind capacity, so this auction could triple that figure. The tender includ
Geothermal Drilling
2024-05-06
Geothermal Research Drilling Commences in North Brabant, Netherlands
Drilling at the Krukweg location in Heijningen, North Brabant, Netherlands (source: SCAN)A research drilling campaign has started at the first of three sites across the province of North Brabant to evaluate the potential for geothermal heating. The campai
Oil & Gas Trade
2024-05-06
Shell Smashes Forecasts With $7.7 Billion Quarterly Profit
Shell (SHEL.L), opens new tab reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining boosted oil trading and liquefied natural gas (LNG) production rose.The company said it
Coal Production
2024-05-06
RWE Open to Lignite Foundation, up to Berlin to Start Process
Markus Krebber, CEO of RWE addresses the media during the annual results news conference of the German utility in Essen, Germany, March 21, 2023. REUTERS/Jana Rodenbusch/ File Photo Purchase Licensing RightsRWE (RWEG.DE), opens new tab is open to talks wi
Oil & Gas Trade
2024-05-06
BP-ENI JV Signs Agreement for Namibia Offshore License
A BP-Eni joint venture and Rhino Resources Namibia have signed an agreement for a 42.5% interest in a block in the country's offshore Orange Basin, the companies said on Friday.The agreement is Azule Energy's first investment in Namibia. A
Nuclear Fuel
2024-05-06
Ban on Russian Uranium Helps US Build Nuclear Fuel Capacity, Official Says
Xcel Energy's Monticello Nuclear Generating Plant is seen in Monticello, Minnesota, U.S. March 27, 2023. REUTERS/Adam Bettcher/File Photo Purchase Licensing RightsThe U.S. has been preparing since 2022 for the possibility that Russian President Vl
Oil & Gas Trade
2024-05-06
British Regulator Awards More North Sea Oil and Gas Licences
Britain's oil and gas regulator on Friday awarded 31 new hydrocarbon exploration licences as part of efforts to extend production in the ageing basin.The licences are part of the third and final tranche of the North Sea Transition Authority
Floating Offshore Wind
2024-05-03
Norwegian Offshore Wind, Wazoku Team up to Adress Floating Offshore Wind Turbine Emergencies
The Australian Government awarded Ocean Winds, EDP Renewables and Engie’s joint venture dedicated to offshore wind energy, a license to potentially develop up to 1.3 GW off the coast of Gippsland. This investment in the southeastern coast of Aus
Offshore Wind Power
2024-05-03
Romania Towards Energy Independence and Resilience
The Romanian Parliament adopts the country’s first Offshore Wind Energy Law.This bill comes at a time when the country needs to assert its energy independence and resilience. The deployment of its offshore wind energy resources can play a big ro
Photovoltaic (PV)
2024-05-01
Iberdrola Supplies 900 Gwh of Photovoltaics to Salzgitter in Germany
Iberdrola Deutschland and Salzgitter Flachstahl GmbH, a subsidiary of Salzgitter AG, seals a long-term power purchase agreement (PPA) for 15 yearsFrom 2025, Iberdrola Deutschland will supply a total of more than900 gigawatt hours (GWh) of green electricit
Renewable Energy
2024-05-01
Tripling Renewable Power by 2030: The Role of the G7 in Turning Targets Into Action
The 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) in the United Arab Emirates called upon countries to achieve a tripling of installed renewable power generation capacity by 2030 in order to keep the w
Offshore Wind Power
2024-05-01
Wind Power Company Envision Signs a Framework Agreement for the Supply of Wind Turbines With Hero Future Energies
Long-term cooperation is envisaged for the joint development of the renewable energy sector, including the supply of wind turbines and other areas of decarbonization, including BESS and green hydrogen.The agreement includes the supply of 588 MW of 3.3 MW
Offshore Wind Power
2024-04-30
Ørsted Picks RTS Wind for Wind Turbine Blade Services
Specialist wind turbine services provider, RTS Wind, has secured two framework agreements for the provision of blade services for Ørsted.Credit: ØrstedThe two 5-year framework agreements will see RTS Wind support Ørsted&am
Wind Turbine
2024-04-30
Skanska Wins USD 861 Million Offshore Wind Port Contract in USA
Sweden-headquartered construction and development company Skanska has won a contract worth USD 861 million to transform the 73-acre South Brooklyn Marine Terminal (SBMT) into one of the largest dedicated offshore wind ports in the USA.South Brooklyn Marin
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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
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Serbia Launches Carbon Credit Trading Platform in Response to EU CBAM Mechanism
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Scottish Carbon Removers Secures £1 Million Investment to Expand Modular Carbon Capture Technology Applications
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Indian renewable power firm Clean Max raises about $575 million
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Changes in Senior Management of SPIC Finance Holding Co., Ltd.
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Naturgy to Invest Over €300 Million in Nuevo Leon