World Energy News
World Energy News Home News. France's Engie Surprises with Higher assistance. tax (EBIT), leaving out nuclear, to 5.6 billion euros ($ 6.05. billion).Revenues a year ago at Engie, the largest gas network. operator in Europe, had gained from high regional gas rates. and volatility.The outcomes were above expectations, said experts at.
US Oil And Gas Rig Count Holds Stable For Record Third
1 day ago · November 8, 2024. Baker Hughes, a firm that provides energy services, says the U.S. firms have kept their oil and gas rig count unchanged this week for a third consecutive week. The data goes back to 1987. Baker Hughes reported on Friday that the oil and gas rig counts, which are an early indicator of future production, remained at 585 during ...
World Energy News
Oct 30, 2024 · Since 2019, hydrogen and carbon capture and storage (CCS) have risen up the political agenda, globally, offering a route to decarbonization, as well as (more recently), increased energy security. Many are eying use of existing pipeline to make both happen. Elaine Maslin takes a look.Hydrogen production and CCS offers a more or less “green ...
World Energy News
Oct 21, 2024 · Key China Energy Indicators to Track for the Rest of 2024. Slower consumption in China spurred the Organization of the Petroleum Exporting Countries (OPEC) to cut estimates for global oil demand growth this week, highlighting the vital role that the world's second largest economy plays in energy markets.Yet overall electricity generation in China climbed to new highs in the first half of 2024 ...
Gas And Carbon Forward Contracts Are On The Rise
1 day ago · The European power contracts for the year ahead were released on Friday. They reflect higher carbon permits as well as gas contracts. LSEG data show that the German 2025 baseload price rose by 1.7%, to 91.14 euros per megawatt-hour (MWh), at 1111 GMT.
Orsted Says US Green Energy Demand Will Grow Regardless
4 days ago · Orsted said that the demand for green power will continue to grow in the United States, regardless of the person who is elected as president. However, the group also pointed out construction issues and increased costs at an offshore wind farm in the United States. The U.S. offshore industry is a ...
LNG - World Energy News
2 days ago · Venture Global gets FERC Nod for LA LNG Plant. Federal regulators on Wednesday gave Venture Global LNG permission to introduce natural gas into its Plaquemines export plant in Louisiana, documents show, moving the plant a step closer to producing the superchilled gas.The 20 million metric tons per annum (MTPA) Plaquemines LNG plant will be the second-largest U.S. export facility when fully ...
Net Zero Target Needs $3.5 Trillion In Annual Green
Oct 29, 2024 · Net zero target needs $3.5 trillion in annual green energy investment, Wood Mackenzie says. October 29, 2024. Wood Mackenzie's report on Tuesday said that the investment in green energy must double every year to $3.5 trillion if we are to reach the Paris Agreement goal of net zero emissions by the year 2050. The consultancy's report said that ...
World Energy News
3 days ago · Singapore will grant import licenses for 30 years to companies that invest billions in low-carbon energy projects. The head of Singapore's energy regulator announced this on Wednesday. This is a measure to help the firms recover their initial investment. Octopus Energy Generation acquired Exagen ...
World Energy News
Oct 14, 2024 · Solex Energy, an Indian company, plans to invest $1 billion by 2030 in order to expand its manufacturing. Solex Energy, a solar module manufacturer in India, announced on Monday its intention to invest $1 billion to expand their existing capacity and enter the solar cell manufacturing business by 2030. Vipul Shah, director of Solex, stated that ...