Energy

Oil & Gas Trade
Viaro to Buy Shell, Exxon’s North Sea Assets
Independent British oil producer Viaro Energy said on Tuesday it would buy UK Southern North Sea assets owned by Shell (SHEL.L), opens new tab and Exxon Mobil (…
Renewable Energy
EDP’s First-Half Profit Jumps 75% on Capital Gains in Renewables, Brazil
Portugal's largest utility EDP (EDP.LS), opens new tab posted a higher-than- expected 75% jump in first-half net profit on Tuesday, boosted by capital gains…
Oil & Gas Trade
Canada’s TC Energy to Sell Gas Pipeline Stake to Indigenous Communities for $722 Million
Pipeline operator TC Energy (TRP.TO), opens new tab said on Tuesday it will sell a minority stake in its Canadian natural gas pipeline system to Indigenous comm…
Energy Storage Project
Construction Begins on e.on and Quinbrook’s 460MWH Welsh BESS
Construction is underway on a new battery energy storage system (BESS) project, set to be one of the UK’s largest.The project, located on the site of a fo…
Wind Farm
From 22 to 4 Wind Turbines, Endesa Begins the Largest Repowering of a Wind Power Plant in Spain
The wind farm, which foresees the replacement of wind turbines operating since 2000, represents an investment of 34.1 million euros. The work has a maximum aid …
Offshore Wind Power
Boem Receives Unsolicited Offshore Wind Lease Request, Cancels Second Gulf of Mexico Sale
The Bureau of Ocean Energy Management (BOEM) has canceled its second Gulf of Mexico offshore wind lease sale due to a lack of competitive interest. Published on…
Renewable Energy
Spain Greenlights Almost 300 Renewable Power Projects With $18-Billion Investment
The Spanish government has authorised the construction of almost 300 renewable power projects with a total capacity of more than 28 gigawatts, which will help t…
Oil & Gas Trade
US Buys 4.65 Million Barrels for Emergency Oil Stockpile
The U.S. Department of Energy said on Monday it had finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, for …
Photovoltaic （PV）
Chile Installs 3,962 MW of Photovoltaic and 1,882 MW of Wind Power
Currently, there are more than 3.9 GW PV under construction in the country. 67% of Chile’s electricity generation in June was renewable and solar energy r…
Energy Storage Project
Curtailment, Greece Needs 7 GW of Energy Storage by 2030 to Avoid Photovoltaic Cuts
Up to 20% of renewable electricity production is expected to be curtailed by 2030 in Greece if no new investments are made in energy storage.Greece is faced wit…
Coal Trade
China Approves Use of Local Coal in Three Pakistani Power Plants
China has approved the conversion of three coal-fired power plants in Pakistan from using imported coal to local coal, a move designed to lower energy costs.Sou…
Carbon Capture
Carbon Capture Storage Can Extend Fossil Energy Use: Bph Migas
Carbon capture storage (CCS) technology enables the extended use of fossil energy in Indonesia, according to Saleh Abdurrahman, a member of the Downstream Oil a…
Electric Vehicles
Tesla and BYD Are Dominating the Global Electric Vehicle Market
Tesla's gross margin has been declining every quarter since Q1 2022, but it still maintains the largest BEV market share globally.BYD is hot on Tesla's …
Nuclear Power Plant (NPP)
Hungary to Allow Nuclear Plant to Exceed Danube Water Temperature Limit
Hungary is planning to allow the temperature limit for a section of the Danube which receives cooling water from the Paks nuclear power plant to be exceeded for…
Oil & Gas Trade
Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production
A $120 million agreement with Cheiron Energy was also signed to increase oil production in the Gulf of Suez.Egypt's Ministry of Petroleum and Mineral Resour…

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Energy

Viaro to Buy Shell, Exxon’s North Sea Assets

EDP’s First-Half Profit Jumps 75% on Capital Gains in Renewables, Brazil

Canada’s TC Energy to Sell Gas Pipeline Stake to Indigenous Communities for $722 Million

Construction Begins on e.on and Quinbrook’s 460MWH Welsh BESS

From 22 to 4 Wind Turbines, Endesa Begins the Largest Repowering of a Wind Power Plant in Spain

Boem Receives Unsolicited Offshore Wind Lease Request, Cancels Second Gulf of Mexico Sale

Spain Greenlights Almost 300 Renewable Power Projects With $18-Billion Investment

US Buys 4.65 Million Barrels for Emergency Oil Stockpile

Chile Installs 3,962 MW of Photovoltaic and 1,882 MW of Wind Power

Curtailment, Greece Needs 7 GW of Energy Storage by 2030 to Avoid Photovoltaic Cuts

China Approves Use of Local Coal in Three Pakistani Power Plants

Carbon Capture Storage Can Extend Fossil Energy Use: Bph Migas

Tesla and BYD Are Dominating the Global Electric Vehicle Market

Hungary to Allow Nuclear Plant to Exceed Danube Water Temperature Limit

Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production