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Oil & Gas Trade
Oil Tycoon Emmanuel Fritz Paret Acquires 150 Wells, 140 Million Barrels of Oil in Kentucky Reserve Deal
Haitian-American oil tycoon Emmanuel Fritz Paret, CEO of Paret Mining LLC, has acquired a 10,000-acre oil reserve in Bowling Green, Kentucky. The acquisition in…
Norway
OMV Makes “Significant” Gas Discovery in Norwegian Sea, Estimates up to 140 Million Barrels
OMV (Norge) AS, the operator of the PL 1194 license, announced a significant gas discovery in the Norwegian Sea. The well, drilled by the Transocean Norge rig, …
Renewable Energy
Vattenfall and Swedish Industry Leaders Join for Secure Clean Energy Supply
Development in fossil-free electricity generation will require significant investment to reach expected demand. Credit: T Schneider via Shutterstock.Sweden&rsqu…
LNG
BW LPG to Acquire 12 Very Large Gas Carriers for More Than $1BN
The transaction significantly expands BW LPG’s fleet. (Credit: Lens Envy/ Flickr)BW LPG has announced the acquisition of 12 modern Very Large Gas Carriers…
Solar project
Rising Star in Photovoltaics: Grand Sunergy Gains Momentum, Secures Major State-Owned Contracts
Guosheng Shian Technology Co., Ltd. (referred to as "Grand Sunergy ", stock code: 603778) a rising star in the photovoltaic industry, continues to solidify its …
Nuclear Power Plant (NPP)
Fukushima nuclear plant detects 25 tonnes of radioactive water leak
Storage tanks for nuclear-contaminated water at the Tokyo Electric Power Company's (TEPCO) Fukushima Daiichi nuclear power plant, in Okuma of Fukushima Pref…
Geothermal Heating Project
Geothermal heat for agriculture to be explored in cankiri, türkiye
Meeting between Kursunlu Mayor ?erafettin Uslu and representatives of MTA (source: Çank?r?'da Yenigün Gazetesi web sitesi)The province of Cankir…
Offshore Wind Power
Ørsted Launches World’s First Heavy-Lift Cargo Drone Operations at Borssele 1&2 Offshore Wind Farm
Ørsted, the global leader in offshore wind, is deploying heavy-lift cargo drones (HLCD) for the first time in an operational campaign at the Borssele 1&2…
Hydropower Plant
Koncar Secures Contracts for Swedish Hydropower Plants
Croatian electrical equipment manufacturer Koncar Elektroindustrija has announced agreements with Swedish power company Sydkraft Hydropower and the Swedish subs…
SMR
SMRs Feature in Indian Budget
The Indian government has announced plans to partner with the private sector to develop small modular reactors in a 2024-25 budget announcement which recognises…
Solar Power Plant
China Installs 102.48 GW of New Photovoltaic Power in the First Half of 2024
China added 102.48GW of new PV installations between January and June 2024, according to the latest data from China’s National Energy Administration.Notably, t…
Energy Storage Project
Harmony Energy to Build France’s Largest Battery Storage Project
UK-based renewables developer Harmony Energy is looking to deliver France’s largest battery energy storage system (BESS)—the Cheviré project &ndas…
Offshore Wind Power
Repsol and EDF Renewables Sign an Agreement for Spain and Portugal for Offshore Wind Power
Repsol and EDF Renovables have reached an exclusivity agreement to join forces for future offshore wind tenders in Spain and Portugal, given that the Iberian Pe…
Pumped Storage
IHA President Urges New UK Government to Embrace Pumped Storage Hydropower for Energy Security
In an open letter to Keir Starmer, the newly appointed UK Prime Minister, Malcolm Turnbull, former Prime Minister of Australia and current President of the Inte…
HVDC
NKT to Initiate Work on Two HVDC Transmission Projects in Scotland
The schemes will deliver major upgrades to the electricity transmission network in the north of Scotland. Credit: © NKT A/S.SSEN Transmission has announced…
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