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Crude Oil
U.S. Crude Oil Stockpiles Fall Unexpectedly
U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record …
Oil & Gas Trade
Energy & Utilities Roundup: Market Talk
1506 ET – Oil futures settle higher in a day of ups and downs. The EIA reported an unexpected weekly crude stock draw, with lower imports offsetting an in…
Oil&Gas Drilling
Totalenergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
TotalEnergies TTE 0.76%increase; green up pointing triangle said continued pressure on refining margins would take a toll on its downstream results for the thir…
Energy Investment
Brazil’s Potencial to Invest $109 Million to Turn Biodiesel Plant Into World’s Largest
Brazil's Grupo Potencial announced on Tuesday an investment of 600 million reais ($108.86 million) to increase biodiesel output at one of its plants, giving…
Wind Turbine
Türkiye Among Top 5 in Europe in Boosting Wind Capacity
The installed capacity in the first six months of 2024 has already exceeded the wind installations for 2023, which were 397 megawatts.The reasons for this consi…
Offshore Wind Power
Canada’s Higgins Mountain wind project gains $118m finance from CIB
Concrete base for a wind turbine platform on the Higgins Mountain site. Credit: CNW Group/Canada Infrastructure Bank.The Canada Infrastructure Bank (CIB) and El…
Green Hydrogen
Spain Increases Green Hydrogen Goal
Spain has increased its target for green hydrogen production capacity in a sign of confidence in an industry that has seen some energy giants scale back plans d…
Nuclear Fuel
Nuclear Fuel Costs Soar as Conversion and Enrichment Bottleneck Strains Supply
Demand for nuclear fuel has increased from the recent expansion of nuclear initiatives worldwide. Credit: Wolf Cocklin via Getty Images.The cost of nuclear fuel…
LNG
300-Meter-Long FPSO Comes to Türkiye: Twofold Increase in Black Sea Gas Production on the Horizon (Photo)
With energy security at the forefront, Türkiye, which is determined to diversify its supplies and lower its dependence on imports through homegrown energy,…
Energy Storage Project
Sonnedix Steps up Solar Capacity in Italy, Eyes Battery Storage Projects
Renewable developer Sonnedix is increasing its solar power capacity in Italy with a series of acquisitions, its CEO told Reuters, adding the company was also lo…
Hydrogen Production
Clean Hydrogen Investments Reach $75B in 2024
The clean hydrogen industry is continuing to grow, with committed investments increasing from $10b across 102 projects in 2020 to some $75b across 434 projects …
Solar Power Plant
Could Biden’s Solar Projects on Federal Land Expedite the US Green Revolution?
Credit: Joseph Sohm via Shutterstock.The Biden administration announced in late August that it had finalised a proposal to increase the use of solar energy on f…
Oil & Gas Trade
Qatar Plans to Increase Its Stake in Iberdrola
Credit: Poetra.RH via Shutterstock.Qatar Investment Authority, the nation’s sovereign wealth fund, controlling an estimated $475bn (QR1.73bn) of assets, i…
Photovoltaic (PV)
Argentina Begins 200 MW Photovoltaic Project
In order to increase its renewable energy capacity, Argentina will install a solar park with an estimated power of 200 MW that will provide clean electricity fo…
Solar Power Plant
EDPR’s First Hybrid Wind-Solar Photovoltaic ( PV) Project in Poland Increases Output by Almost 20%
With a combined capacity of 124.5 MWp (115.5 MWac), the Konary wind-solar hybrid project produced over 180 GWh for the Polish grid, increasing the renewable pro…
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