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Surging Wind Power Could ‘More Than Halve’ UK Electricity Prices
Continued reliance on gas-fired generation will eventually push power prices back up, finds analysis, although doing away with gas entirely would be even more e…
Decarbonization
Funding Helps School Decarbonise Heating With Air Source Heat Pumps
A secondary school in Ruthin, North Wales, has replaced its gas boilers with renewable air source heat pumps, thanks to funding from the Welsh GovernmentImage: …
Nuclear Reactor
Thailand Takes First Step Toward Nuclear
Thailand’s Energy Regulatory Commission (ERC) will start looking into the legal aspects of a small modular reactor (SMR) project to prepare for the use of…
Crude Oil
TechnipFMC Bags $1b Contract For Totalenergies' Suriname Project
TechnipFMC plc has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract from TotalEnergies for its GranMorgu project …
Natural Gas
TGS Wins Major Seismic Contract For ONGC Offshore India Gas Field
TGS announced today they have won a significant seismic survey/3D streamer contract for ONGC in the Mahanadi basin, offshore India. The Ramform Sovereign is sch…
Hydrogen Project
GE Vernova to Supply 100% Hydrogen-Ready Gas Turbine to Australian Power Plant
GE Vernova’s LM6000VELOX packaged solution will reportedly become the first aeroderivative gas turbine application to operate on 100% renewable hydrogen.T…
Electrolyzer
Sunfire to Deliver 50MW Electrolysers for Finnish Hydrogen-Based E-methane Plant
Sunfire with deliver 50MW of pressurised alkaline electrolysers for use in a Finnish e-methane project, which will combine green hydrogen and CO2 captured from …
Germany
Photovoltaic and Wind Energy in the Second Week of NovemberPhotovoltaic and Wind Energy
Wind power prevents rising gas prices from driving up European electricity market prices in the second week of November.In the second week of November, average …
Oil & Gas Trade
Nigeria’s Dangote Plant Buys US Oil for First Time in 3 Months
Nigeria’s giant Dangote refinery purchased its first shipment of US oil after a hiatus of three months as the site continues to ramp up production.The pla…
Crude Oil
Exxon Withdraws From Offshore Suriname Oil-Exploration Block
Exxon Mobil Corp. withdrew from an oil-exploration block off the coast of Suriname, not far from where it discovered more than 11 billion barrels in Guyanese wa…
Natural Gas
Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion
Pending arbitration claims against liquefied natural gas exporter Venture Global LNG Inc. from several of its customers have grown to nearly $6 billion, accordi…
Crude Oil
Ovintiv to Acquire Alberta Montney Assets for $2.4B
Ovintiv Inc. is acquiring Montney assets in Alberta from Paramount Resources Ltd. in an all-cash transaction valued at approximately $2.377 billion (CAD 3.325 b…
Oil & Gas Supply
BlackRock, Block, Ripple, Samsara Join SAF Buyers Alliance
BlackRock, Block, Ripple and Samsara have signed up for the Sustainable Aviation Buyers Alliance (SABA) after purchasing SAF certificates (SAFc’s) for sup…
Oil Price
World's Top Oil Refining Hub Is Running Hard as Exports Boom
US Gulf Coast refineries are running the hardest for this time of the year in more than three decades as they rush to take advantage of strong fuel demand from …
Oil & Gas Supply
Global OTEC Launches New Power Module For Sustainable Offshore Oil And Gas
Global OTEC has announced its latest advancement in sustainable power for offshore energy exploration and production at the first Brazilian Workshop on Geotherm…
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