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Oil Price
Oil Climbs 2%, Notches Weekly Gains Ahead of OPEC+ Decision
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Lic…
Hydrogen Technology
Plug Power to see demand for hydrogen-based power backup systems from data centers
Plug Power (PLUG.O), opens new tab said on Friday it expects demand for its green hydrogen fuel cell storage systems from data centers to pick up in the second …
Oil & Gas Trade
Trinidad and Tobago Extends Deadline for Shallow-Water Oil and Gas Auction
Trinidad and Tobago on Thursday extended by almost two months a deadline to submit bids for an auction of shallow-water oil and gas blocks, the government said.…
Net Zero
Nokia Commits to Net-Zero Greenhouse Gas Emissions by 2040
In tandem with this ambitious long-term goal, Nokia is intensifying its efforts to halve its GHG emissions across all scopes by 2030 from a baseline established…
Gas Pipeline
CCoE Approves Initial Phase of Iran-Pakistan Gas Pipeline Project
In a landmark development, the Cabinet Committee on Energy (CCoE) on Friday approved the initiation of work on the 80-km segment (Iranian border to Gw…
Biofuel
Spain's Cepsa, Apical Begin Work on Southern Europe's Biggest Biofuels Plant
A view from a ferry shows the refinery of Cepsa at Cepsa Energy Park in San Roque, near Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca Purchase Licensing …
LNG
US Regulators to Decide in April on Venture Global LNG Permit Extension
U.S. energy regulators on Friday said they would decide quickly on liquefied natural gas developer Venture Global LNG's request for a one-year extension to …
Nuclear Power Plant (NPP)
Hyundai E&C Shortlisted to Build New Kozloduy Units
South Korea's Hyundai Engineering & Construction is the only one of the five candidates deemed to have met the requirements for the construction and commiss…
Coal Production
BMA's Australian Coal at Low End of Output Target
BHP Mitsubishi Alliance's (BMA) Australian coal production is trending towards the bottom half of its decade-low guidance for the 2023-24 fiscal year to 30 …
Carbon Emissions
Germany to Earmark 4 Bln Euros for Industry Decarbonisation Subsidies - Source
The German government will earmark some 4 billion euros ($4.31 billion) for subsidies to support energy-intensive firms switching to green production, a governm…
Coal Trade
Greek Utility Secures Funding for 550 MW PV Plant at Former Coal Mine
Greece’s state-owned utility Public Power Corp. (PPC) has announced financing for the construction of a 550 MW solar plant. The project developed in the L…
Carbon Capture
Indonesia Teams up With Italy's Eni on Decarbonisation
Indonesia's Energy and Mineral Resources Ministry said on Friday it had signed a memorandum of understanding with Italian energy group Eni (ENI.MI), opens n…
Oil & Gas Trade
Exxon Beats Estimates, Ends 2023 With a $36 Billion Profit
Exxon Mobil (XOM.N), opens new tab on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas productio…
Carbon Capture
US Energy Department Selects Delek's Refinery for Pilot Carbon Capture Project
Delek US Holdings (DK.N), opens new tab said on Friday the U.S. Department of Energy has selected its Big Spring refinery for a pilot carbon capture project and…
Tidal Energy
Plans Announced for the First Tidal Energy Plant in Southeast Asia
Energies PH, Inc, through its affiliate San Bernardino Ocean Power Corporation, has contracted with Inyanga Marine Energy Group to build Southeast Asia’s …
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