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Energean Says Carlyle Deal at Risk of Collapsing

Δευ, 17 Μαρτίου 2025 - 19:52

A deal for Carlyle to buy assets from Energean for up to $945 million is at risk of collapse as some regulatory hurdles are yet to be cleared ahead of a deadline this week, Energean said on Monday

Israel Awards Natural Gas Exploration Licences to BP, Socar and NewMed

Δευ, 17 Μαρτίου 2025 - 16:29

Israel awarded licences to BP, Azeri national oil firm Socar and local company NewMed Energy on Monday to explore for natural gas in Israeli waters as the country seeks to boost domestic gas reserves and expand exports

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