Europe

Coal Trade
2023-11-03

US Coal Exports to EU Jump After Russia Sanctions Kick In, Eia Says
Coal is pictured in a container in the Manhattan borough of New York City, New York, U.S., May 25, 2021. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsThe United States saw a 22% jump in coal exports to Europe, substituting Russian supply in th
Offshore Wind Power
2023-11-03

Shell Exits US Southcoast Wind Farm Contract, Agrees to Pay Penalty
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo Acquire Licensing RightsShell's finance chief said on Thursday the firm had exited a power purchase agreement (PPA) for the p
Oil & Gas Trade
2023-11-03

Shell Boosts Buybacks as Gas Trading Boost Q3 Profits to $6.2 Billion
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsShell (SHEL.L) reported on Thurs
Hydropower Plant
2023-11-03

Portugal's EDP Profit Soars 83% On Hydropower Recovery, Brazil Unit
Portugal's largest utility EDP (EDP.LS) posted on Thursday a 83% jump in nine-month net profit thanks to higher hydroelectric production in Iberia and as it booked more earnings from the Brazilian unit after a sucessfull full takeover.EDP-Energias
Oil Price
2023-11-03

Oil Rises Nearly 3% After Fed, Boe Keep Rates Unchanged
A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/Flee/File Photo Acquire Licensing RightsOil prices gained more than $2 a barrel on Thursday, breaking a t
Solar Technology
2023-11-02

Norwegian Startup Uses Solid Hydrogen for Solar Energy Storage Breakthrough
Photoncycle claims it can store solar power from summer to winter cheaper than batteries.Photoncycle, a startup from Norway, is tackling interseason storage of solar energy, which could save the abundance of solar energy generated in sunny months to be us
Offshore Wind Power
2023-11-02

Greece Launches Offshore Wind Development Plan, Targets 4.9 GW by 2032
The Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) has announced the draft National Development Programme for Offshore Wind Farms at an event held in Athens, Greece, on October 31. The draft plan includes 25 areas, covering a total
Offshore Wind Power
2023-11-02

Ørsted Takes Eur 4 Billion Impairment Hit
ØrstedThe majority of impairment losses, DKK 19.9 billion, relate to the Ørsted’s Ocean Wind 1 offshore wind project. The company unveiled it ceased the development of the 1.1 GW Ocean Wind 1 and the 1,148 MW Ocean Wind 2 p
Wind Turbine
2023-11-02

Vestas Wins First Order for v172-7.2 MW Wind Turbines for 43 MW Wind Project in Germany
Vestas has received its first firm order for the V172-7.2 MW wind turbine, the latest addition to Vestas’ EnVentus platform. The order was placed by the developer Uhl Windkraft and consists of six wind turbines for the Hoßkirch wind pr
Geothermal Heating Project
2023-11-02

Fri-El Geo Partners With a2a for Geothermal Heating in Milan, Italy
City view, Milan/ Italy (source: flickr/ Dennis Matheson, creative commons)Fri-El Geo, the geothermal business under the Italian renewable energy company Fri-El Group, has signed an agreement with Milanese company A2A through its subsidiary A2A Calore e S
Solar Panel
2023-11-02

MCS: Solar Contributes to 'Record-Breaking Year' for Renewable Installations in Wales
MCS reveals solar’s contribution to ‘record-breaking year’ for Wales. Image: Getty.The Microgeneration Certification Scheme (MCS) has revealed that 103,506 installations of solar PV, battery storage systems, heat pumps and ot
Energy Storage Project
2023-11-02

Arenko Partners With Varco on Two 57MW Battery Assets
Arenko’s 41MW Bloxwich battery. Image: Arenko.Arenko Group has entered into a partnership with Varco Energy on the Native River and Sizing John battery energy storage solution (BESS) assets.Sizing John will be deployed at a substation in Rainhil
Oil & Gas Trade
2023-11-02

Gazprom to Produce Oil and Gas in Kyrgyzstan
A project has been approved, according to which Gazprom PJSC will produce oil and gas in the country, provide our population with gas and process oil at our refineries,» the Minister of Energy of Kyrgyzstan Taalaibek Ibraev said at the XII St. P
Biofuel
2023-11-02

Drax Sustains Its Biomass Hopes With Carbon Capture Push
Drax’s biomass terminals have been at the centre of controversy in the UK’s push to reach net zero and bolster energy security.Drax’s biomass terminals have been at the centre of controversy in the UK’s push to reac
Oil & Gas Trade
2023-11-02

Russia to Lose $4 Bln Tax Take as It Reverses Cut In Refining Subsidy
Russia's hasty restoration of a "damper" subsidy for oil refiners will not only cost the state budget 400 billion roubles ($4.3 billion) in subsidies this year, but also a one-off 350 billion roubles in taxes, Reuters calculations show.T

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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal

Europe

US Coal Exports to EU Jump After Russia Sanctions Kick In, Eia Says

Shell Exits US Southcoast Wind Farm Contract, Agrees to Pay Penalty

Shell Boosts Buybacks as Gas Trading Boost Q3 Profits to $6.2 Billion

Portugal's EDP Profit Soars 83% On Hydropower Recovery, Brazil Unit

Oil Rises Nearly 3% After Fed, Boe Keep Rates Unchanged

Norwegian Startup Uses Solid Hydrogen for Solar Energy Storage Breakthrough

Greece Launches Offshore Wind Development Plan, Targets 4.9 GW by 2032

Ørsted Takes Eur 4 Billion Impairment Hit

Vestas Wins First Order for v172-7.2 MW Wind Turbines for 43 MW Wind Project in Germany

Fri-El Geo Partners With a2a for Geothermal Heating in Milan, Italy

MCS: Solar Contributes to 'Record-Breaking Year' for Renewable Installations in Wales

Arenko Partners With Varco on Two 57MW Battery Assets

Gazprom to Produce Oil and Gas in Kyrgyzstan

Drax Sustains Its Biomass Hopes With Carbon Capture Push

Russia to Lose $4 Bln Tax Take as It Reverses Cut In Refining Subsidy

UK's Drax to buy Bluefield Solar Income Fund in $755 million deal

Indian renewable power firm Clean Max raises about $575 million

Serbia Launches Carbon Credit Trading Platform in Response to EU CBAM Mechanism

Scottish Carbon Removers Secures £1 Million Investment to Expand Modular Carbon Capture Technology Applications

Changes in Senior Management of SPIC Finance Holding Co., Ltd.

Norway’s First Floating Wind Tender Attracts Two Bids