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Oil & Gas Trade
Shell Q3 Profits Of $6 Billion Beat Forecast As Gas Offsets Weak Refining
Shell reported on Thursday third quarter profits of $6 billion that exceeded forecast by 12% as weaker refining and oil trading results were offset by higher ga…
Electricity Trade
The Rust Belt Is Becoming Ground Zero for the EV Charging Boom
As electric car sales pick up pace far from the US coasts, a wave of new fast-charging stations coming online from the Rust Belt down to the Deep South.Roughly …
Oil & Gas Trade
Nigeria Sees Objections to Shell Oil Asset Sale Resolved Soon
Nigeria’s upstream oil regulator found some issues with Shell’s proposed sale of its onshore assets to a consortium of local companies but they shou…
Wind Farm
TotalEnergies, Partners Ink Initial Land Contract for Morocco RE Project
A joint venture between TotalEnergies SE and EREN Group, along with two Danish firms, has signed a Preliminary Contract for Land Reservation for a one-gigawatt …
Natural Gas
Tax Hikes Hinder Gas Price Drop, Raise Electricity Costs
espite reductions in the cost of energy, supply and network services (-2% compared to second half of 2023), total prices slightly increased (+2%), as government…
Solar Panel
First Solar Lowers Annual Sales Forecast, Posts Rise in Q3 Profit
U.S. solar panel maker First Solar lowered its sales forecast for the current year on Tuesday, even after reporting a rise in third-quarter profit helped by hig…
Natural Gas
Big Oil Sees AI Boom Driving ‘Crazy Demand’ for US Natural Gas
A surge in energy demand from technology giants that are rapidly developing cloud computing and artificial intelligence — known as hyperscalers — is becoming …
Combined Heat and Power
Australia’s First Manufacturing Facility Fully Powered By Renewable Energy
After a multi-year collaboration with us, Mars has announced a renewable energy milestone. Mars Petcare facility at Wodonga (Mars Wodonga) in Victoria will beco…
France
QatarEnergy Takes 50% Stake In TotalEnergies Solar Project In Iraq
QatarEnergy, one of the world's top suppliers of liquefied natural gas, said on Monday it had agreed to take a 50% stake in TotalEnergies' 1.25-gigawatt…
United States
NextEra Plans To Raise $1.5 Billion To Fund Energy Projects
Utility firm NextEra Energy (NEE.N), said on Monday it intends to raise $1.5 billion through the sale of equity units to fund new projects.Utility firms across …
Smart Grid
Siemens Teams For Digital Twin Of Dutch Grid
Alliander is using digital twin technology from Siemens to reduce grid congestion and increase grid utilization in the Netherlands. Using Gridscale X will allow…
Battery
The Solid-state EV Battery Journey Has Only Just Begun
The pace of electric vehicle sales continues to dismay some auto industry observers, but let’s get real. Compared to the evolution of the internal combust…
Electricity Trade
Spanish Renewables Industry Warns Of Threats To Investment
The mismatch between increasing supply of renewable power and electricity demand that is struggling to grow, coupled with depressed wholesale power prices, thre…
Battery
US Power Grid Added Battery Equivalent Of 20 Nuclear Reactors In Past Four Years
Faced with worsening climate-driven disasters and an electricity grid increasingly supplied by intermittent renewables, the US is rapidly installing huge batter…
Offshore Wind Power
Pioneering North Sea Soil Survey Helps Design New Offshore Wind Farms
In a first for the North Sea, a large-scale three-dimensional Ultra High Resolution Seismic (3D UHRS) soil survey was conducted between mid-June and late August…
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