Hess Corporation Increases Oil Production in Guyana and Bakken; Reports $757M Net Income Amid Chevron and ExxonMobil Arbitration

Hess Corporation reported a notable increase in net income for the second quarter of 2024, reaching…

California Cap-and-Trade Auction: Allowance Prices Fall Amid Uncertainty

Prices for greenhouse gas emission allowances experienced an 11% decrease in California’s May 2024 joint carbon…

RWE Launches its First Solar Farm in Poland

RWE is in the process of building several solar farms with a combined capacity exceeding 100…

Transocean Secures $531M Contract with BP for Deepwater Invictus in Gulf of Mexico

The British oil and gas giant Shell reported a decline in profit for the first half…

PETRONAS Accelerates Offshore Malaysia Development with Strategic PSC Awards

PETRONAS, the Malaysian national oil and gas company, is accelerating the development of 12 offshore fields…

Tsuruga 2 Reactor Faces Potential Shutdown Over Safety Concerns

Japan’s Nuclear Regulation Authority (NRA) appears ready to rule that unit 2 of the Tsuruga nuclear…

Comanche Peak Nuclear Plant Licence Renewal Approved by NRC for 20 More Years

The US Nuclear Regulatory Commission (NRC) has granted a 20-year extension for the operating licences of…

SECI Invites Bids for Large-Scale Solar Power Project with Energy Storage

The Solar Energy Corporation of India Limited (SECI) is inviting bids from solar power developers for…

PLN Indonesia Power Exceeds 2023 Goals with Record Electricity Generation and Improved Capacity

PLN Indonesia Power, a subsidiary of PT PLN (Persero), has reported a successful year in 2023,…

Gunvor Acquires 50% Stake in Varo Energy’s $600 Million Dutch Biofuel Project

Gunvor has agreed to acquire a 50% stake in Varo Energy’s $600 million Dutch biofuel project,…

Wind Energy Workforce Shortage: Challenges and Solutions for a Growing Industry

The global push towards net-zero emissions is accelerating the growth of the wind energy sector, but…

Technip Energies Reaffirms 2024 Outlook Amidst “Strong Momentum” in Orders

Engineering and services group Technip Energies has reaffirmed its annual targets, citing a “strong momentum” in…