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Oil&Gas Drilling
Kinetiko Spuds Second Well In Production Test Program In South Africa
South Africa-focused gas exploration company Kinetiko Energy Ltd. spudded the 271-06PT well in the Mpumalanga Province. This is the second well in the company&r…
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…
Decarbonization
ACWA Power Signs $1.7bn Finance And Energy Deals
Saudi utility firm ACWA Power is set to increase its capital by SR7.13 billion ($1.89 billion) as part of its strategy to triple assets under management by 2030…
Green Hydrogen
Engie And Morocco's OCP Renewables Deal Worth Billions, Says Source
Morocco's phosphates and fertilizer giant OCP and French energy firm Engie ENGIE.PA signed a preliminary agreement on Monday for projects that could generat…
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 …
Wind Power Project
Developers Nab Leases to Build New England Floating Wind Farms
Avangrid Inc. and Invenergy LLC units secured leases to install wind turbines across some 439,000 acres in the Gulf of Maine during a US government auction Tues…
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…
Battery
LG Energy Solution Announces ESS Revenue Growth, New Products
LG Energy Solution has recorded third-quarter 2024 consolidated revenue of KRW 22.18 trillion ($323 million) and an operating profit of KRW 751.9 billion, inclu…
Biofuel
Cargill, Bunge Slow Soybean Buying on Stalled US Biofuels Policy
Agriculture giants including Cargill Inc. and Bunge Global SA are slowing their buying of soybeans due to uncertainty over US biofuels policy.The lack of guidan…
Solar project
How American Tax Breaks Brought a Chinese Solar Energy Giant to Ohio
From the outside, these are the hallmarks of the 21st century clean energy manufacturing boom promised by the Biden administration, the result of sweeping incen…
Electricity Trade
UK's Energy Industry Divided in Battle for Free Electricity
A proposal to divide up the UK power market and unleash free electricity in the windiest parts of the nation is turning into a bitter fight between its biggest …
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…
Battery
Galp In No Rush To Invest In Lithium Refinery With Northvolt
Portuguese energy company Galp (GALP.LS), is in no rush to make a final investment decision (FID) to build a battery-grade lithium refinery in Portugal amid cha…
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 …
Australia
Zero Carbon Ammonia For Shipping Faces Cost, Safety Challenges
At one of the world's biggest bulk export ports in Western Australia, shippers safely completed the first transfer of ammonia from one vessel to another las…
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