Energy

Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.

US Interior Department takes first steps to carry out Trump energy agenda

Reuters | February 04, 2025 | Energy

Westinghouse eyes old nuclear sites to build small reactors in Italy

Reuters | February 04, 2025 | Energy | Alternative

U.S. energy group Westinghouse proposed using decommissioned nuclear sites in Italy for the installation of small modular reactors, with the aim to start construction by 2030, a company official said on Tuesday.

Engie still sees strong US appetite for renewables

Reuters | February 03, 2025 | Energy | Alternative | Green Shipping

French power group Engie still sees strong appetite in the U.S. for renewable energy projects and expects the country to remain an integral part of the company's portfolio, Executive Vice President Edouard Neviaski said on Monday.

Seaspan Energy completes first ship-to-ship LNG bunkering in Canada

Seaspan Energy (Seaspan) has successfully completed the first ship-to-ship LNG bunkering in Canada, which took place in the Port of Vancouver in the Upper Harbour.

Cadeler locks in first contracts for newbuild vessel Wind Mover

Cadeler has signed two contracts with undisclosed clients for the utilization of its newbuild wind installation vessel, Wind Mover, starting immediately upon delivery.

Roush joins the Engine Technology Forum

Gevo completes acquisition of Red Trail Energy assets in North Dakota, expanding a burgeoning portfolio of energy assets

AJOT Newsroom | February 03, 2025 | Energy | Alternative

Natural gas spot prices fell across key regional trading hubs in 2024

AJOT Newsroom | February 03, 2025 | Energy

Average natural gas spot prices at most major trading hubs in the Lower 48 states declined in 2024 compared with 2023 in real terms, according to data from Natural Gas Intelligence.

Colombia’s Ecopetrol renews joint venture with Occidental Petroleum in Permian basin

Reuters | February 03, 2025 | Energy

Colombian energy company Ecopetrol said on Monday it has reached an agreement to renew its oil joint venture with Occidental Petroleum in the U.S. Permian basin in Texas.

Auto giants, nuclear firms bear the brunt as Trump tariffs spark trade war fears

Reuters | February 03, 2025 | Energy | Alternative | International Trade

Automakers, beer firms, and nuclear power companies led declines in a broad equity pullback on Monday after the U.S. hit Mexico, Canada and China with sweeping tariffs, stoking worries of a trade war that could cripple growth and corporate profits.

Orsted replaces CEO as offshore wind industry struggles

Reuters | January 31, 2025 | Energy | Alternative

Orsted Chief Executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said on Friday, as it seeks to arrest an 83% slump in its share price since its 2021 peak.

Japan weighs Alaska LNG pipeline pledge to win Trump’s favour

Reuters | January 31, 2025 | Energy

Japan is considering offering support for a $44 billion gas pipeline in Alaska as it seeks to court U.S. President Donald Trump and forestall potential trade friction, according to three officials familiar with the matter.

Power-boosting project for US grid to miss July deadline

Reuters | January 31, 2025 | Energy

U.S. grid operators are asking regulators for more time to meet a federal order to upgrade existing transmission lines with equipment that can boost their capacity up to 40%, according to a Reuters review of regulatory documents.

Chevron misses earnings estimate as refining posts first loss in four years

Reuters | January 31, 2025 | Energy

Chevron Corp reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins pushed its refining business into a loss for the first time since 2020, sending its shares down more than 2%.

Phillips 66 reports smaller-than-expected fourth quarter loss

Reuters | January 31, 2025 | Energy

Refiner Phillips 66 reported a smaller-than-expected loss on Friday.

US Treasury Department withdraws from global regulatory climate change group

Reuters | January 31, 2025 | Energy | Alternative

India’s lower coal imports mean bad news for power emissions: Maguire

Reuters | January 31, 2025 | Energy | International Trade | Commodity

India lowered imports of thermal coal by over 5.5 million tons in 2024 from the year before, according to data from Kpler, which may seem like good news to climate trackers monitoring trends in the world's second-largest coal consumer.

Exxon beats Q4 estimates with higher Permian, Guyana output

Reuters | January 31, 2025 | Energy

Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.

WIND Group announces Renier van den Bichelaer as new COO

AJOT Newsroom | January 31, 2025 | Energy | Alternative

WIND Group is pleased to announce the appointment of Renier van den Bichelaer as its new Chief Operating Officer (COO), effective 1 February 2025. Renier will also join the WIND Group management board.

IEA comes under pressure from former oil market chief to cut energy transition focus

Reuters | January 30, 2025 | Energy

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