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Crude Oil
Aramco Keeps World’s Biggest Payout With Saudi Finances Wobbling
The company, majority owned by the Saudi state, is keeping the world’s biggest payout despite increasing signs of stress on earnings. The outlook for oil …
Crude Oil
US Crude Oil Pipeline Squeeze Boosts Prices At Gulf Coast Export Hub
The difference in prices for U.S. shale oil in West Texas and at Houston has widened in the last two months on dwindling pipeline space to move the crude to the…
LNG
Glenfarne Selects Kiewit To Build Texas LNG Export Plant
U.S. energy company Glenfarne Group LLC said on Monday it had selected construction contractor Kiewit to build its proposed Texas LNG export terminal in Brownsv…
Power Construction
California Faces Risk of Power Cuts With Winds Boosting Fire Threat
California residents face power shutoffs this week as warm, dry winds sweep the state, threatening to tear down utility lines and spark wildfires.Edison Interna…
Nuclear Reactor
Nuclear-Hungry AI Campuses Need New Plan to Find Power Fast
Tech giants looking to quickly power massive artificial intelligence centers will need to come up with new strategies after US regulators quashed Amazon.com Inc…
Oil Price
Exxonmobil’s Q3 2024 Net Income Drops By 5% To $8.6bn
ExxonMobil has reported a net income of $8.61bn for the third quarter of 2024 (Q3 2024), down by 5.1% from $9.07bn recorded in the same period last year.In the …
Oil & Gas Trade
Saudi Arabia’s Wafi Energy Holding buys majority stakes in Shell Pakistan
Dubai: Saudi Arabia’s Wafi Energy Holding acquires a majority stake in Shell Pakistan following Shell Petroleum Co., a subsidiary of global Shell plc, com…
Photovoltaic （PV）
Huasun To Supply 1 Gw Of HJT Products To Xinjiang Silk Road, Annually
China’s Huasun will collaborate with the state-owned Xinjiang Silk Road in the production of high-efficiency heterojunction (HJT) photovoltaic products, t…
Oil & Gas Trade
Exxon, Chevron Top Q3 Profit Expectations As Us Oil Output Hits Record High
U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil …
Japan
Mitsui E&S To Provide Equipment For Japan’s ‘First’ Offshore Hydrogen Station
Specifically, the VD4-250GH-OL will be used at the station to supply hydrogen to hydrogen-fueled ships, including tugboats equipped with hydrogen co-firing engi…
United Arab Emirates
ADNOC, Masdar and Microsoft jointly publish new report Powering Possible: AI and Energy for a Sustainable Future
ADNOC, Masdar and Microsoft have jointly published a new report titled Powering Possible: AI and Energy for a Sustainable Future exploring the transformative po…
Natural Gas
Minres Signs $1.1bn Agreement With Hancock For Gas Exploration Permits
Amid yearslong, ongoing disputes over transitioning away from Four Corners Power Plant, the state's last remaining coal plant continues to spew emissions an…
United States
Carb And Nation’s Leading Airlines Partner To Increase Saf Availability
California has reached an historic agreement with the nation’s leading passenger and cargo airlines to dramatically accelerate the use of sustainable avia…
Battery
Tesla Releases Powerwall 3 Expansion Units For More Capacity At Lower Price
Tesla has added a new product to its residential battery energy storage offering, making it possible for Powerwall 3 owners to expand their systems more afforda…
Battery
Australia’s Origin Energy Begins Building 240 MW Of Battery Storage
Construction has begun on the AUD 450 million second stage of a 1,030 MWh, four-hour grid-forming battery at Eraring Power Station.The second stage will add a 2…
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