Energy

Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.

KR Awards Approval in Principle for eco-friendly hybrid CTV for offshore wind farms

KR (Korean Register) has granted Approval in Principle (AIP) for the Crew Transfer Vessel (CTV), a passenger and cargo transport vessel dedicated to offshore wind farms, developed by MARCON, a Korean maritime service company.

Utility-scale U.S. solar electricity generation continues to grow in 2024

AJOT | October 02, 2024 | Energy

In August 2024, utility-scale generation of solar electricity averaged 63.1 gigawatthours between 10:00 a.m. and 6:00 p.m. each day in the Lower 48 states, 36% more than for the same hours in August 2023.

US energy companies’ shares gain as Middle East crisis sparks supply fears

Reuters | October 02, 2024 | Energy

Brent oil traders use little known rule to reroute US cargoes

Reuters | October 02, 2024 | Energy

Nikola’s hydrogen-powered truck deliveries to dealers rise 22% in Q3

Germany rejects Italy’s proposal of early review for EU combustion engine ban

Reuters | October 02, 2024 | Energy

US sets preliminary new duties on solar imports from Southeast Asia

Reuters | October 01, 2024 | Energy | Alternative

Matson begins construction on first of three new LNG-powered Aloha Class containerships

$1 billion investment part of long-term decarbonization strategy

Oil prices jump 3% on reports Iran preparing attack on Israel

Reuters | October 01, 2024 | Energy

Oil prices turned positive to climb about 3% on Tuesday following reports Iran was preparing to launch a missile attack on Israel.

Berkshire Hathaway buys full control of its energy unit

Reuters | October 01, 2024 | Energy

TotalEnergies, APA greenlight $10.5 billion oil and gas project in Suriname

Reuters | October 01, 2024 | Energy

By Ank Kuipers and Marianna Parraga PARAMARIBO (Reuters) -France's TotalEnergies and U.S. APA Corp on Tuesday announced a positive investment decision for Suriname's most promising oil and gas project

Big oil’s big payouts under strain as energy prices fall

Reuters | October 01, 2024 | Energy

Shale project economics still reign supreme as cost of new oil production rises further / Rystad Energy

AJOT | October 01, 2024 | Energy

The cost of developing new upstream oil projects is continuing to rise as inflationary pressure and supply chain woes endure.

Data center owners turn to nuclear as potential electricity source

AJOT | October 01, 2024 | Energy | Alternative

Last month, Constellation Energy announced a 20-year power purchase agreement (PPA) to provide electricity to Microsoft data centers in the mid-Atlantic region from the Unit 1 reactor at the Three Mile Island nuclear power plant in Pennsylvania.

PowerCell signs SEK 165m order for fuel cell systems with leading Italian marine OEM manufacturer

Cadeler signs firm contracts with Equinor and Polenergia joint ventures

For the installation vessel scope for the 1440 MW offshore wind farms in the Polish Baltic Sea

Brent oil traders use little known rule to reroute US cargoes

Reuters | October 01, 2024 | Energy

TotalEnergies, APA greenlight $10 billion oil and gas project in Suriname

Reuters | October 01, 2024 | Energy

UK’s coal plant closure a milestone towards climate goals, Uniper CEO says

Reuters | October 01, 2024 | Energy

The closure of Britain's last coal plant is a major milestone on the path for the country to meet its climate targets, said the CEO of Uniper, which owns the plant.

Ferrari shuts down gas-fuelled plant to double solar production

Reuters | October 01, 2024 | Energy | Alternative

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