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Oil Price
Italy's Eni To Boost Buyback After Quarterly Earnings Beat Expectations
Italian energy group Eni (ENI.MI), will increase its share buyback programme to 2 billion euros ($2.2 billion), it said on Friday, after beating third-quarter p…
Natural Gas
Beach Energy Brings More Natural Gas To The East Coast
Beach Energy has delivered first gas from two development wells to the Otway Gas Plant -- marking completion of the largest ever offshore drilling and developme…
United Kingdom
Thames Water Launches £3bn Emergency Fundraising Drive
Thames Water has launched a £3bn fundraising drive to help pay off some of the struggling utility’s large debt pile.The water company has just &poun…
Battery
Tier 1! Risen Energy Storage Recognized On Bloombergnef's Global Tier 1 List
Energy StorageOn October 23, 2024, BloombergNEF (BNEF) released its Q4 2024 Global Tier 1 Energy Storage Manufacturers list, where Risen Energy Storage has once…
Oil & Gas Trade
More Rig Market Consolidation On The Cards As Transocean And Seadrill Ponder Merger
Media speculation is running high following reports that the two offshore drilling players have engaged in initial talks regarding the possibility of merging th…
Natural Gas
Beach Energy Ignites Australian Offshore Gas Field
Independent Beach Energy has achieved first gas from its Thylacine West gas project offshore Australia, following the successful connection of the Thylacine-1 a…
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…
Solar Power Plant
BP Completes Takeover Of Solar Power JV Lightsource BP
British oil giant BP (BP.L), said on Thursday it has taken full ownership of Lightsource BP, after closing the previously announced buyout of the remaining equi…
Electricity Transmission
Iberdrola acquires 88% of UK-based Electricity North West for $5.4bn
Iberdrola has closed the acquisition of an 88% stake in UK-based Electricity North West (ENW).The agreement values the entire company, including debt, at €…
Tidal Energy
OceanX Unveils Key Insights From Malaysia Marine Mission
OceanX recently completed a 16-day mission to study marine ecology and coastal ecosystems off Pahang, Malaysia. The OceanX Malaysia Mission 2024, aboard the adv…
Electric Vehicles
Mobile PV-powered EV Charging Stations For Commercial, Industrial Sites
A UK solar car park company, 3ti Energy Hubs, has launched Papilio3, a standardized, portable solar charging station in a carport design with space for twelve e…
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…
Carbon Storage
‘First-of-its-kind’ Open-access Co2 Storage Concept Gets €225 Million Eu Support
UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the …
Oil & Gas Supply
Cop29 Host Azerbaijan Set For Major Fossil Gas Expansion, Report Says
Azerbaijan’s climate action plan was rated ‘critically insufficient’ by Climate Action Tracker in September.Photograph: Sergei Grits/APAzerbai…
Offshore Wind Power
Cost Of North Sea Energy Island Could Reach 7 Billion Euros, Far Exceeding Initial Estimates
The cost of the Princess Elisabeth energy island in the North Sea could soar to 7 billion euros, significantly higher than the initial estimate of 2.2 billion e…
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