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Chevron Advances Plans to Develop US Data Centers With Power Generation

Δευ, 17 Μαρτίου 2025 - 16:24

Chevron is advancing plans to tap into data center power demand, with the oil major recently entering the permitting and engineering phases for multiple U.S. sites to develop the centers and the electricity to supply them, a company executive told Reuters this week

German Emissions Fell 3.4% in 2024, on Track for 2030 Climate Goals

Παρ, 14 Μαρτίου 2025 - 18:50

Germany's Federal Environment Agency on Friday said greenhouse gas emissions in Europe's biggest economy fell by around 3.4% year-on-year in 2024, putting the country on track to meet its 2030 climate targets

Italy's Grid Operator Terna to Invest 23 Billion Euros Over 10 Years

Παρ, 14 Μαρτίου 2025 - 18:46

Italy's state-controlled power grid operator Terna said on Friday it would invest more than 23 billion euros ($25 billion) on network upgrades over the next 10 years, to help support the country's energy transition

BP Plans to Explore for New Oil in Azeri Caspian Sea

Παρ, 14 Μαρτίου 2025 - 18:42

BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters

BP Seeks to Sell 50% of Solar Unit to Strategic Partner, Bids Due in June, Document Shows

Πεμ, 13 Μαρτίου 2025 - 19:52

BP is seeking to sell 50% of its solar unit Lightsource bp to a strategic partner for cash and a commitment of future investments, with bids due in June, the energy major said in a sales document seen by Reuters

CERAWEEK Turkey to Develop its Shale Fields With US Producer Continental Resources

Πεμ, 13 Μαρτίου 2025 - 19:47

Turkish national oil company TPAO has signed a joint venture agreement with U.S. oil producer Continental Resources to develop shale fields in the country’s Diyarbakir Basin, Turkish Energy Minister Alparslan Bayraktar said on social media platform X on Wednesday

A Nuclear-Power Revival Brings Back an Old Problem: What to Do With the Waste

Πεμ, 13 Μαρτίου 2025 - 19:28

A nuclear power renaissance—driven in part by power-hungry AI data centers—has revived a thorny problem: what to do with the radioactive waste left behind

Egypt is in Talks to Lease German LNG Unit Ahead of Summer

Τετ, 12 Μαρτίου 2025 - 19:40

Egypt is in talks with Germany to lease a new liquefied natural gas unit in an effort to shore up supplies before demand spikes in the summer

Sweden’s Northvolt Files for Bankruptcy in Blow to Europe’s Battery Sector

Τετ, 12 Μαρτίου 2025 - 19:36

Northvolt said it had faced “significant internal challenges in its ramp-up of production”

Mexico's Pemex Prioritizes Refining As it Diverts Heavy Oil Away from Gulf

Τρι, 11 Μαρτίου 2025 - 18:29

Mexico's state oil company Pemex expects to continue diverting barrels of heavy crude away from U.S. Gulf Coast refiners as its new Olmeca refinery ramps up processing, the head of the company's trading arm PMI, Margarita Perez, said on Tuesday

'Make Energy Great Again' Says UAE's ADNOC CEO, Pledging US Gas Investment

Τρι, 11 Μαρτίου 2025 - 18:09

The investment arm of United Arab Emirates state oil company ADNOC will make a significant investment in U.S. natural gas starting in the coming months, ADNOC CEO Sultan Al Jaber said on Tuesday

Bosnia's Rafinerija Nafte Brod Net Loss Widens to 31 Mln Euro

Τρι, 11 Μαρτίου 2025 - 17:35

Bosnian oil refinery Rafinerija Nafte Brod (RNB), majority owned by Russia's Neftegazinkor, said its net loss in 2024 jumped to 60.8 million marka ($33.9 million/31.1 million euro) from 1.4 million in 2023

Britons Living Near New Pylons to Get Energy Bill Discounts

Δευ, 10 Μαρτίου 2025 - 18:42

British households living near new pylons will benefit from discounts to their energy bills, as the government seeks to win support for the infrastructure required to add new clean power sources to the grid

Hungary Looks to Romania to Help Diversify its Energy Sources

Δευ, 10 Μαρτίου 2025 - 17:37

Hungary is looking to expand its cooperation with Romania in the gas sector to diversify its energy sources and their relevant companies are already negotiating an agreement, Hungarian Foreign Minister Peter Szijjarto said on Monday

U.S. Energy Secretary: Shale Could Boost Production Even at $50 Oil

Δευ, 10 Μαρτίου 2025 - 17:33

U.S. shale producers could increase production even if oil prices fell to $50 per barrel as the sector continues to innovate and boost efficiency gains, U.S. Secretary of Energy Chris Wright told the Financial Times

US Estimates It Will Take $20 Billion and Years to Refill Oil Reserve

Σαβ, 8 Μαρτίου 2025 - 15:11

U.S. Energy Secretary Chris Wright estimates it would take $20 billion and years to accomplish President Donald Trump's goal of refilling the Strategic Petroleum Reserve to its maximum capacity, the Energy Department said on Friday