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Oil & Gas Trade
South Sudan’s Nile Petroleum Assumes Control Over Former Petronas Oil and Gas Assets
South Sudan’s state-run Nile Petroleum Corp. took over oil fields and assets that belonged to a subsidiary of the Malaysian oil company Petroliam Nasional…
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…
CCS
BP, Chubu Expand Japan-Indonesia CCS Project Collaboration
BP Berau Ltd. (bp) and Chubu Electric Power Co. Inc. have expanded their collaboration to explore a carbon capture and storage (CCS) value chain between Japan…
Oil Exploration
BP Electrifies 95% of Permian Wells, Boosts Production by 100,000 Barrels Daily
bp's U.S. onshore oil and gas division, bpx energy, has emerged as a leading player in the onshore sector, delivering some of the most productive and high-v…
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, …
Oil&Gas Drilling
Eni Gets Approval to Develop Two Major Gas Fields in Indonesia’s Kutei Basin
Eni has received approval from Indonesian authorities for the development of two major gas fields, Geng North and Gehem, in the Kutei basin. The approval includ…
Oil & Gas Trade
Canada’s Gran Tierra Energy to Acquire British Oil, Gas Producer I3 Energy for $225 Million
Gran Tierra Energy has announced plans to acquire i3 Energy plc in a cash and share deal valued at $225 million.The transaction, which will be executed through …
Wind Turbine
GE Vernova Falls After Turbine Blade Failure at Offshore UK Wind Farm
GE Vernova's (GEV.N), opens new tab shares fell nearly 7% on Friday following a turbine-blade failure at an offshore wind farm in the UK, the latest in a st…
Electricity Transmission
New Grid Technology to Rid the World of the Most Potent Greenhouse Gas
Innovative switchgear enables the phaseout of SF6, a greenhouse gas 24,300 times more potent than CO2, staying in the atmosphere for over 1,000 years.- Power gr…
Nuclear Equipment
Turbine Modification Stops Tremors at Temelin NPP
Czech state-owned power company, ČEZ, says a small modification of the turbine at unit 2 of the Temelin NPP has proved its worth and the power engineers now pl…
Nuclear Power Plant (NPP)
Site Preparation Begins for Smolensk-II
Vertical planning has begun at the site allocated for the construction of Russia’s Smolensk-II NPP. One of the main tasks of the preparatory work will be …
Nuclear Power Plant (NPP)
Akkuyu 1 Outer Containment Dome Takes Shape
The installation in the design position of the lower part of the outer containment dome has been completed at unit 1 of Turkey's Akkuyu nuclear power plant.…
Uranium Project
Brazil to Resume Uranium Exploration
Brazilian fuel cycle company Indústrias Nucleares do Brasil (INB) has announced it is to resume exploration for uranium in the country after a 40-year hi…
Japan
JAPEX: Ozu Biomass Power Plant Begins Commercial Operations
The 50-megawatt (MW) Ozu Biomass Power Plant began commercial operations in August 2024. / SOURCE: JAPEXJapan Petroleum Exploration Co. Ltd. (JAPEX) in August a…
Offshore Wind Power
Finland Unveils 17-Point Action Plan to Promote Offshore Wind
On 20 August, Finland’s Ministry of Economic Affairs and Employment published an action plan focused on advancing the offshore wind industry in the countr…
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