Maguire: US LNG exports reach new heights due to strong European demand
The U.S. has exported more than 20% of its LNG this year compared to the same period last year, primarily due to purchases from European nations. These countries accounted for three-quarters of all U.S. orders.
The world's strongest magnet is used in the global nuclear fusion project
The world's strongest magnet is now ready for assembly as part of a much-delayed project that involves more than 30 countries. This project, which has been delayed by many years, is a crucial…
Hexa Climate to invest $500 Million in Fortum India Renewables Assets
Hexa Climate Solutions - backed by I Squared Capital - has purchased Fortum's Indian Renewables Portfolio. The company plans to invest $500M to expand their clean energy projects. Hexa…
Adani Green, India's clean energy company, aims to add 5 GW in clean energy by FY26 with $3.6 billion capex
Ashish Khanna, CEO of India's Adani Green Energy, said that the company plans to invest 310 billion rupees (about $3.64 billion) to add five gigawatts in clean energy during the current fiscal period.
Malaysian Minister urges palm oil sector to support biofuel initiative
Malaysia's commodities ministry has called on the palm oil industry in Malaysia to support a biofuel project that turns palm oil wastes into clean energy sources, according to state-run media Bernama.
Britain Emphasizes Collaboration on Energy Security at Global Summit
Britain urged closer international cooperation to improve energy security on Thursday, telling dozens of other governments and business leaders that they would otherwise be vulnerable to…
Trump's order to stop NY wind project shocks offshore industry and threatens other projects
The Trump administration’s decision late Wednesday to halt the construction of Equinor’s Empire Wind 1 off the coasts of New York sent shockwaves throughout the offshore wind industry.
Trump's order to stop NY wind project shocks offshore industry and threatens other projects
The Trump administration's late Wednesday decision to stop construction of Equinor’s Empire Wind 1 off the coasts of New York sent shockwaves throughout the offshore wind industry. It raised…
Rio Tinto explores low-carbon aluminum project with Indian company
Rio Tinto announced on Thursday that it had signed a Memorandum of Understanding (MOU) in India with AMG Metals & Materials. The MOU is to evaluate the viability and feasibility of a low…
Bhutan's economy is powered by 'green' cryptocurrency
Chief executive of Bhutan's sovereign wealth fund, Mr. Parminder Singh Dhugyal, said that Bhutan is looking at ways to harness green cryptocurrency using hydropower in order to boost the…
French prompts higher as demand increases and wind output drops
The French spot electricity price for Thursday increased on Wednesday, as the wind power supply is expected to decline and the domestic demand to increase. The price of French baseload…
Sources say that more than 2,600 US Energy Dept employees accepted a second resignation offer.
Two sources confirmed on Thursday that more than 2,600 U.S. Department of Energy employees have accepted the second round of resignations offered by the Trump administration. The hardest…
Four Republican US senators back Biden-era energy tax credits
According to a Thursday circulated letter, four Republican senators have asked Congressional leadership to maintain energy tax credits that were included in the Biden era Inflation Reduction Act.
Wood Mackenzie reduces 5-year US Wind Energy Outlook by 40% due to Trump policies
On Tuesday, a prominent energy research company slashed their five-year forecast for new U.S. Wind Energy Projects by 40%, citing Trump Administration policies and concerns over the economy.
CF Industries and a JV form a $4 billion low-carbon Ammonia facility
CF Industries announced on Tuesday that it has formed a joint-venture with Japan's biggest energy company, JERA, as well as investment firm Mitsui, to build a low-carbon ammonia plant for around $4 billion. Why is it important?
BPCL and Sembcorp form a joint venture to develop renewables, green hydrogen in India
Bharat Petroleum Corporation, an Indian refiner, signed a joint-venture agreement on Tuesday with Singapore's Temasek backed Sembcorp for the development of green hydrogen and renewable projects in India.
Africa's top climate negotiator insists on 'no backwards' in commitments
According to the chair of Africa's group of negotiators, given the threat of global warming and progress made so far, there is no other choice than to continue with climate commitments…
US to develop AI on Energy Department Lands
On Thursday, the administration of Donald Trump announced that it had identified 16 sites in the U.S. Department of Energy where data centers and energy plants to support artificial intelligence could be built.
Data shows that global coal power capacity is expected to increase in 2024.
Global Energy Monitor, a U.S.-based think tank, reported on Thursday that the world's coal power fleet increased by 18,8 gigawatts, its smallest increase in over two decades. However, new…
US Senators ask Energy Secretary to comply with law regarding clean energy grants and loans
U.S. Democratic Senators on Wednesday called for Energy Secretary Chris Wright's department to comply with laws that mandate his funding of clean energy projects, which were included in…
