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Battery
LG Energy Solution Announces ESS Revenue Growth, New Products
LG Energy Solution has recorded third-quarter 2024 consolidated revenue of KRW 22.18 trillion ($323 million) and an operating profit of KRW 751.9 billion, inclu…
Oil Price
BP Beats Estimates Despite Lower Oil Prices
FTSE 100 oil giant BP has reported strong-than-expected earnings for the third quarter.On Tuesday, it posted an underlying replacement cost profit, used as a pr…
Biofuel
Cargill, Bunge Slow Soybean Buying on Stalled US Biofuels Policy
Agriculture giants including Cargill Inc. and Bunge Global SA are slowing their buying of soybeans due to uncertainty over US biofuels policy.The lack of guidan…
Oil Price
Oil Steadies After 6% Plunge With Focus on Mideast Risk, US Data
Oil steadied — after tumbling the most in more than two years on Monday — as the market focused on the prospect for easing hostilities in the Middle East and …
China
China’s Cobalt King Hits Output Goal Months Ahead of Schedule
The world’s No. 1 cobalt miner smashed through its full-year output target last quarter after a speedy ramp-up that’s piled pressure on global price…
Solar project
How American Tax Breaks Brought a Chinese Solar Energy Giant to Ohio
From the outside, these are the hallmarks of the 21st century clean energy manufacturing boom promised by the Biden administration, the result of sweeping incen…
Electricity Trade
UK's Energy Industry Divided in Battle for Free Electricity
A proposal to divide up the UK power market and unleash free electricity in the windiest parts of the nation is turning into a bitter fight between its biggest …
India
JSW Group, Posco To Build 5 Million Tons Steel Factory In India
JSW Group and South Korea’s Posco Group will build an integrated steel factory in India with an initial capacity of 5 million tons a year.The two groups s…
Hydrogen Project
Hyzon Motors Launches North America’s First Hydrogen-Powered Refuse Fleet
In a significant stride towards sustainable waste management, Hyzon Motors (HYZN) has announced the development of North America’s first fleet of hydrogen…
France
QatarEnergy Takes 50% Stake In TotalEnergies Solar Project In Iraq
QatarEnergy, one of the world's top suppliers of liquefied natural gas, said on Monday it had agreed to take a 50% stake in TotalEnergies' 1.25-gigawatt…
Battery
Galp In No Rush To Invest In Lithium Refinery With Northvolt
Portuguese energy company Galp (GALP.LS), is in no rush to make a final investment decision (FID) to build a battery-grade lithium refinery in Portugal amid cha…
United States
NextEra Plans To Raise $1.5 Billion To Fund Energy Projects
Utility firm NextEra Energy (NEE.N), said on Monday it intends to raise $1.5 billion through the sale of equity units to fund new projects.Utility firms across …
Oil & Gas Supply
US Seeks Up To 3 Million Barrels Of Oil For Emergency Reserve
The U.S. on Monday said it is seeking up to 3 million barrels of oil for the Strategic Petroleum Reserve for delivery through May next year, a purchase that wou…
Australia
Zero Carbon Ammonia For Shipping Faces Cost, Safety Challenges
At one of the world's biggest bulk export ports in Western Australia, shippers safely completed the first transfer of ammonia from one vessel to another las…
Natural Gas
Beach Energy delivers first gas from Thylacine West to Otway Gas Plant
Beach Energy has announced the start of gas production from its Thylacine West 1 and 2 development wells in Australian waters, following their connection to the…
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