Release time:2023/06/06
Release time:2023/04/03
Release time:2023/04/03
Release time:2023/04/03
Release time:2023/04/03
Release time:2023/02/25
Release time:2022/11/15
Release time:2022/08/11
Release time:2022/07/26
Release time:2022/07/26
Release time:2022/07/23
Release time:2022/07/23
Release time:2022/07/23
Release time:2022/07/23
Constellation Energy, a Baltimore-based power company, is considering building next-gen nuclear plants to meet soaring data center demand. CEO Joseph Dominguez said they are exploring new small modular reactors and other energy technologies to power heavy clients like data centers. The company reported higher-than-expected earnings in Q1, driven by increased nuclear output and IRA tax credits.
Release time:2024/05/10
Italian utility Enel reported a 12% year-on-year increase in first-quarter core profits, driven by a strong recovery in domestic renewable energy production. EBITDA hit 6.1 billion euros, exceeding analyst expectations. Italy accounted for over half of the group's EBITDA, with a significant rise in core profits. The new management team led by CEO Flavio Cattaneo has launched a cost-cutting plan and is focused on regulated assets like the grid. The group reaffirmed its 2024 EBITDA and net income guidance.
Release time:2024/05/10
Lightsource BP to outline its proposal to fund, develop, and build a 57MW solar and 54MW colocated storage facility at a 182-acre site in ROI's County Meath on May 22, 2024. The project, aiming for a low-carbon future, includes biodiversity plans and invites local feedback.
Release time:2024/05/10
India's coal-fired power generation and emissions hit record highs in Q1 2024, driven by soaring temperatures boosting AC usage and economic expansion. Ember data shows a 9.6% increase in coal-fired generation to 338 TWh, pushing emissions to 316 million metric tons of CO2 equivalent.
Release time:2024/05/10
Citgo Petroleum, a US refiner, reported a 56% drop in Q1 net profit to 410millionfrom937 million last year. Despite throughput rising to a historic third-highest 830,000 barrels per day, its crude utilization rate fell to 95%. The Houston-based firm has 4.5billionincashandborrowingcapacity,planning1.1 billion in capital spending. Citgo is under auction to repay creditors, with bids closing on June 11.
Release time:2024/05/10
Acciona Energía selected Ingeteam for its Aldoga project, a 380MW PV plant in Australia. The project will power Stanwell's green hydrogen initiative, reducing over 930,000 tons of CO2 annually.
Release time:2024/05/09
Australia's Resources Minister Madeline King supports long-term exploration of potential gas projects, clashing with opposition parties & some Labor MPs opposed to gas use. She says gas is needed beyond 2050 for energy transition.
Release time:2024/05/09
ExxonMobil-led consortium achieved peak production of 252,000 bpd from Liza Unity. It expects to start production next year with One Guyana. The consortium plans to drill high-risk wells in 2023, targeting oil reserves.
Release time:2024/05/09
EnBW, a German utility, signed a 15-year LNG deal with ADNOC as Europe ramps up LNG imports amid reduced pipeline gas from Russia. The deal marks EnBW's first LNG contract with a Middle Eastern partner, aiding procurement diversification.
Release time:2024/05/09
Guyana's cabinet approved bids from QatarEnergy, TotalEnergies, and Petronas for Block S-4. Negotiations ongoing for Production Sharing Agreement (PSA). ExxonMobil leads talks for Block S-8.
Release time:2024/05/09
ADNOC Gas reported strong Q1 2024 results, with 15% revenue growth to 6B,drivenbyrobustUAEdemand.Thecompanyplans13B investments for domestic & international growth, aiming for 40% EBITDA growth.
Release time:2024/05/08
BP's Q1 earnings plunged 40% to $2.7B, missing estimates, as energy prices fell and US refinery outages offset oil & gas output gains. CEO Murray Auchincloss aims to simplify operations and cut costs.
Release time:2024/05/08
UK Power Networks Services acquired 70 solar, wind & hydro assets from SEEIT for £90.8m. Portfolio comprises 90% solar, 9% wind, 1% hydro. Strategic move to expand renewable footprint.
Release time:2024/05/08
EIA forecasts US natural gas production to decline in 2024 while demand hits a record high. Production seen falling to 102.99 bcfd, consumption to 89.31 bcfd in 2024. Coal output expected to hit a 1963 low.
Release time:2024/05/08
EIA raised coal export forecasts due to stronger-than-expected February data and progress in restoring Baltimore port channels, despite April's production drop. Annual 2024 coal export forecast grew 4% to 99 MMst.
Release time:2024/05/08
Tata Power Renewables signs PPA with SJVN for 460MW dispatchable renewable energy project, combining wind, solar, & storage. The deal marks TPREL's first under FDRE tenders, supporting India's renewable energy goals.
Release time:2024/05/07
ExxonMobil & Chevron call for clarity on US energy subsidies to boost climate-focused investments. CEO Darren Woods says rules are evolving, while Mike Wirth cites challenges in decarbonization & hydrogen subsidy rules.
Release time:2024/05/07
US natural gas futures rose 3% to a 14-week high on Monday, driven by increased feed gas for LNG exports at Freeport LNG and expected higher-than-forecast demand. Output declines also supported prices.
Release time:2024/05/07
CNOOC Limited announces the start of production at Bozhong 19-6 Gas Field's 13-2 Block 5 Well Site in the Bohai Sea. The project aims for a peak output of 5,800 boe/day in 2026, with 10 wells.
Release time:2024/05/07
ABO Wind is building a 50MW solar farm in central Spain, utilizing the decommissioned nuclear plant site. Highlighting environmental benefits, the farm, the firm's first turnkey project in Spain, aims to produce 100GWh annually and launch in 2025.
Release time:2024/05/07