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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…
United States
Shell To Acquire 609mw CCGT Power Plant Owner RISEC In US
Shell to buy a 609MW CCGT power plant in the US. (Credit: Jason Mavrommatis on Unsplash)Shell Energy North America (SENA), a subsidiary of Shell, has agreed to …
Oil&Gas Drilling
Petro Matad Set To Start Oil Production From Heron-1 Well In Mongolia This Week
Petro Matad, a Mongolia-based oil exploration company, has announced its schedule for the commencement of oil production at the Heron-1 well within the Block XX…
LNG
I Squared Capital To Acquire Philippines Coastal Terminal
ISquared Capital has agreed to acquire Philippines Coastal Storage & Pipeline, including its affiliate entities, Keppel Infrastructure Trust, Singapore and Metr…
Oil & Gas Trade
Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure
Equinor (EQNR.OL), on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production, and cut its ful…
Nuclear Power Plant (NPP)
Nextera Considers Nuclear Restart In Iowa, While Renewable Deals Swell
NextEra Energy (NEE.N), is conducting engineering studies and speaking with federal regulators about the possible restart of its Duane Arnold nuclear power plan…
Hydrogen Project
Nel Secures Up To €135 Million For Industrialization Of Its Electrolyzer Technology
Russia has completed assembly of the reactor for Unit 1 of the Rooppur nuclear power station under construction in Bangladesh, state nuclear corporation Rosatom…
Nuclear Technology
Bangladesh / Reactor Assembly Complete For Country’s First Nuclear Unit
Russia has completed assembly of the reactor for Unit 1 of the Rooppur nuclear power station under construction in Bangladesh, state nuclear corporation Rosatom…
Hydrogen Project
Germany Approves $20.5 Billion Hydrogen Push
Germany’s government has approved plans for the development of a hydrogen network that would cost 19 billion euros, equivalent to $20.5 billion.The plan w…
Solar Technology
Huawei In Zimbabwe Solar Power Deal For Mines
Leading renewable energy provider Grid Africa has entered into a strategic partnership with global technology giant Huawei to implement a 72MW solar power proje…
Canada
LG Energy, Stellantis Plant In Ontario Begins Battery Production
Korean battery maker LG Energy Solution (LGES) said Wednesday that its joint venture with multinational automaker Stellantis had begun producing battery modules…
Net Zero
MPA, Irena Join Forces On Energy Transition In Maritime And Port Sectors
As disclosed, the agreement was inked at the Singapore International Energy Week on October 22, 2024. Under the MoU, MPA and IRENA will combine their knowledge …
Offshore Wind Power
Dutch Port Welcomes First Batch of Monopiles For RWE’s Thor Offshore Wind Project
Buss Terminal Eemshaven, part of the Hamburg-based terminal operator Buss Ports, provides storage space, heavy unloading equipment, and operators at the port wh…
Decarbonization
Iberdrola Profit Jumps 50% As Focus On US, Britain Pays Off
Europe's largest utility Iberdrola (IBE.MC), opens new tab posted on Wednesday a 50% increase in net profit for the first nine months of the year, in a sign…
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