Zephyr Energy plc has revealed the initial findings from its State 36-2R well located in the…
Category: International
ExxonMobil and CF Industries Sign Carbon Capture Agreement in Mississippi
ExxonMobil has entered into its fourth carbon capture and storage (CCS) agreement, this time with CF…
Noble Corporation’s $1.6 Billion Acquisition of Diamond Offshore Advances, Clearing Antitrust Review
Noble Corporation plc and Diamond Offshore Drilling Inc. have jointly announced the expiration of the waiting…
Oilfield Service Companies Struggle Amid Industry Consolidation
The wave of mega-mergers in the U.S. oil and gas sector that began last year and…
Tesla and BYD Lead the Global Electric Vehicle Market
In the second quarter of 2024, Tesla’s gross margin reached a new low after consecutive quarterly…
Australia Bans Uranium Mining at Indigenous Site
Australia announced on Saturday a ban on mining at one of the world’s largest high-grade uranium…
DP Energy Receives Green Light for North America’s Largest Urban Solar Project
DP Energy, an Irish developer specializing in large-scale renewable energy projects globally, has secured approval for…
Australia Greenlights New Offshore Gas Exploration Permits to Enhance Energy Transition
The Australian government has unveiled its plans to finalize new offshore exploration permits for natural gas,…
Umicore Takes €1.6 Billion Write-Down Due to Significant Drop in Electric Vehicle Sales
Belgian chemicals company Umicore has announced a substantial €1.6 billion write-down on its battery materials division,…
Greenely Secures €8M to Expand Energy Management Platform Across Europe
The energy transition is a long-term endeavor, requiring strategic steps and persistent efforts. Swedish startup Greenely…
Canada Repurposes Radium-226 from Thailand for Enhanced Cancer Treatment
Canadian Nuclear Laboratories (CNL) has received shipments of radium-226 sources, no longer in use, from the…
Root-Power Partners with Eclipse Power Networks and RJ Power for New Battery Storage Initiative
Root-Power, inaugurated in July 2024 with the support of the YLEM Group, has revealed the engagement…