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LNG
2024-02-23
Shell's LNG Trading Makes $2.4 Bln in Final 2023 Quarter, Sources Say
Staff members work at the booth of Royal Dutch Shell at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/ File Photo Purchase Licensing RightsNearly a third of Shell's (SHEL.L), ope
LNG
2024-02-23
Flex LNG secures two-year charter extension with BP
The New York and Olso-listed Flex LNG has won an extension for its 2019-built 173,400 cu m LNG carrier Flex Courageous.This is the first extension option for the vessel which, the company said, was contracted to an unnamed supermajor. According to data pr
Nuclear Power Plant (NPP)
2024-02-23
France and Bulgaria to Strengthen Nuclear Energy Cooperation
French Economy Minister Bruno Le Maire and Bulgaria's Energy Minister Rumen Radev have signed a declaration of intent to establish bilateral cooperation in the field of nuclear energy, including the areas of nuclear construction programmes, small
Nuclear Power Plant (NPP)
2024-02-23
Grossi Issues Fresh Call for Restraint Around Zaporizhzhia Plant
International Atomic Energy Agency Director General Rafael Mariano Grossi has reiterated his call for "maximum restraint and strict observance" of the UN-backed safety principles at the Zaporizhzhia nuclear power plant because of the "conti
Geothermal Power Project
2024-02-23
Croatia Announces New Round of Geothermal Tenders
Bjelovar, Croatia (source: flickr/ János Korom Dr., creative commons)The Croatian Hydrocarbon Agency (AZU) has announced a new round of tenders for the geothermal exploration of four areas. The four sites with links to the tender documents (in
Offshore Wind Power
2024-02-23
Ørsted and Incheon City Sign MoU to Establish World-Class Offshore Wind Power Industry in Korea's Incheon Region
Ørsted has signed a memorandum of understanding (MoU) with Incheon Metropolitan City, Korea, to cooperate on developing a world-class offshore wind power industry in the region. The aim of the agreement is to establish a successful local wind p
Photovoltaic (PV)
2024-02-23
'World's Largest Vertical Farm' Installs 710KWP Solar PV
A vertical farm involves growing crops in vertically stacked layers and has been touted as a means to bolster food security and produce food locally, sustainably and affordably. Image: Zestec.The Jones Food Company has installed solar panels with a system
Solar Power Plant
2024-02-23
EDF Acquires Solar and Battery Installer Contact Solar
EDF aims to build a ‘whole house’ net zero offering combining solar, battery energy storage systems (BESS), electric vehicle (EV) chargepoints and heat pumps. Image: Nottingham City Council.Energy supplier EDF today (22 February) confi
Substation
2024-02-22
Hitachi Energy Invests Over 30 Million Euros to Expand Transformer Operations in Germany
Hitachi Energy today announced an investment of more than 30 million euros (approx. $32 million) in the expansion and modernization of its power transformer manufacturing facility in Bad Honnef, Germany. Expected to be completed in 2026, the project will
Nuclear Technology
2024-02-22
Russia, Venezuela Discuss Cooperation on Peaceful Use of Nuclear
Russian Foreign Minister Sergei Lavrov said after talks with Venezuelan counterpart Yván Gil that they had discussed expanding bilateral cooperation in a range of areas including energy, medicine, space exploration and agriculture.Lavrov, third
Nuclear Fuel
2024-02-22
Kyoto Fusioneering and Ukaea Sign Collaboration Agreement
The UK Atomic Energy Authority and the private Japanese fusion technology company Kyoto Fusioneering have signed an agreement which aims to advance tritium breeding blanket technology from its conceptual stage towards commercialisation.The UKAEA's
Microgrid
2024-02-22
Schneider Electric Aced 2023 With $4.3B Profit, Record Backlog
The commercial and industrial energy transition was very good to Schneider Electric last year and appears headed for equally positive results in 2024.The 2023 earnings for the global energy management, automation and microgrid developer jumped nearly 13%
LNG
2024-02-22
EverloNG Wraps up First Carbon Capture Demo Onboard LNG Carrier
A ship-based carbon capture (SBCC) prototype developed under the EverLoNG project has been removed from an LNG-powered LNG carrier chartered by TotalEnergies following the end of the first demonstration campaign.The carbon capture unit, built by Carbotrea
Biofuel
2024-02-22
VARO Partners With Orim Energy to Provide Biofuels in Amsterdam-Rotterdam-Antwerp Region
Switerzland-based VARO Energy and Orim Energy, an independent oil trading company that specializes in the blending and bunkering of marine fuels, have formed a partnership to provide biofuels to shipping customers in the Port of Rotterdam and wider Amster
Energy Storage Project
2024-02-22
Battery Storage Awarded 655MW in T-1 2024/25 Capacity Market Auction Clearing at £35/KW/Year
Georgina Morris (DESNZ) speaking on Day Two of the Energy Storage Summit 2024, alongside Louise Dalton (CMS), Tom Palmer (Zenobe), Lewis Heather (Baringa Partners) and Julian Jansen (Fluence). Image: Solar Media.Battery energy storage systems (BESS) were
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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
2
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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Norway’s First Floating Wind Tender Attracts Two Bids