Oil / Energy News and Press Releases

Oil / Energy

Releases published in the last 30 days.

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Virgin Australia and Viva Energy join forces in sustainable aviation fuel initiative: 3/21/2025 6:09:40 AM; Virgin Australia has entered an agreement with Viva Energy to source Sustainable Aviation Fuel (SAF) for its flights departing from Proserpine, Queensland, between March and July 2025.
Gas to Europe from Halten East: 3/18/2025 12:02:39 PM; “We are starting up Halten East at a time where piped gas from Norway is in high demand and important for energy security. In a challenging cost and inflation environment, the project has been delivered both on time and within our cost estimate,” says Geir Tungesvik, executive vice president for projects, drilling, and procurement in Equinor.
ACCIONA Energía secures financing for Aldoga Solar Plant, backed by Cesce’s green investment policy: 3/18/2025 11:54:30 AM; ACCIONA Energía has closed an AUD$453 million (€263 million) syndicated loan facility for the construction of its Aldoga Solar Farm, on the central Queensland coast, through Cesce, the Spanish export credit agency, under its Green Investment Policy.
A research-corporate collaboration for green hydrogen production: 3/18/2025 10:45:12 AM; • Hydrogen production currently produces over 2% of global CO2 emissions. Green hydrogen, which continues to be difficult to use on an industrial level, represents less than 1% of total global production.
Mitsubishi Electric to Ship Samples of 3.6-4.0GHz, 16W GaN Power Amplifier Module for 5G Massive MIMO Base Stations: 3/18/2025 5:39:38 AM; Mitsubishi Electric Corporation (TOKYO: 6503) announced that it will begin shipping samples of a new 16W-average-power gallium nitride (GaN) power amplifier module (PAM) for 5G massive MIMO1 (mMIMO) base stations on March 25.
Enel publishes the Guidelines on the composition of the new Board of Statutory Auditors: 3/17/2025 2:49:47 PM; Enel S.p.A. (“Enel” or the “Company”) informs that “Enel S.p.A.’s Board of Statutory Auditors Guidelines to Shareholders on the composition of the new Board of Statutory Auditors”, approved by the expiring Board of Statutory Auditors, are available to the public at the company’s registered office, on its website ( www.enel.com ), as well as on the authorized storage mechanism …
Making solar projects cheaper and faster with portable factories: 3/12/2025 3:09:12 PM; As the price of solar panels has plummeted in recent decades, installation costs have taken up a greater share of the technology’s overall price tag.
Ceres applauds growing Republican support for maintaining federal clean economy incentives: 3/12/2025 3:48:15 AM; Ceres commends the public support from 21 Republican members of Congress, led by Rep. Andrew Garbarino (R-NY), for preserving the energy tax credits that are driving American energy dominance and unlocking hundreds of billions of dollars of investment in communities across the nation.
Rainbow Warrior arrives in Marshall Islands to call for nuclear and climate justice on 40th anniversary of Rongelap evacuation: 3/12/2025 3:45:17 AM; Greenpeace flagship vessel the Rainbow Warrior was welcomed back to the Marshall Islands today, marking the start of a six-week mission around the Pacific nation to elevate calls for nuclear and climate justice; and support independent scientific research into the impacts of decades-long nuclear weapons testing by the US government.[1] Escorted by traditional canoes, and …
2.5 GW Mareld Floating Offshore Wind Farm in Sweden Granted Natura 2000 Permit: 3/10/2025 3:02:20 PM; Freja Offshore, a joint venture owned by Hexicon and Mainstream Renewable Power, has received the Natura 2000 permit for the Mareld offshore wind farm, located approximately 40 kilometres west of Lysekil, within Sweden’s exclusive economic zone.
Ocean Winds Secures Electricity Business License for 1,125MW Hanbando Offshore Wind Project: 3/10/2025 2:58:32 PM; • Ocean Winds has successfully been granted Electricity Business License (EBL) after review by the Electricity Regulatory Commission under MOTIE for its 1,125MW Hanbando Offshore Wind Project.
Strong results despite lower power prices: 3/10/2025 2:18:31 PM; Net operating revenues were NOK 53.7 billion in 2024 compared with NOK 65.3 billion in 2023, while underlying EBIT decreased to NOK 26.5 billion (NOK 41.4 billion), as power prices fell. In 2024 the average system price in the Nordic region was down 21 EUR/MWh to 36 EUR/MWh, while the average German spot price (base) was down 15 EUR/MWh to 80 EUR/MWh in the same period. …
Fusion energy, Eni and UKAEA to build the world’s largest and most advanced tritium fuel cycle facility: 3/10/2025 12:05:51 PM; The United Kingdom Atomic Energy Authority (UKAEA), the UK’s national organisation responsible for the research and delivery of sustainable fusion energy, and Eni, have entered into a collaboration agreement to jointly conduct research and development activities in the field of fusion energy.
Joint venture into the second decade: Shell and BMW M Motorsport renew and expand partnership.: 3/10/2025 12:02:26 PM; Since the 2015 season, Shell and BMW M Motorsport have been partners and have celebrated many successes together. Now, the collaboration is entering a new decade with the extension and simultaneous expansion of their joint contract.
Energy leaders push back net-zero expectations amid rising costs and investment challenges, finds Bain & Company survey: 3/10/2025 4:19:48 AM; Despite record-breaking global investments in clean energy last year, the leaders of the companies tasked with delivering on the transition have become less optimistic about when the world will achieve net-zero carbon emissions.
Schneider Electric implements another €44 million investment in Dunavecse: 3/7/2025 9:58:47 AM; Schneider Electric, the leader in the digital transformation of energy management and automation, is expanding its Duna Smart Power Systems (DSPS) smart factory in Dunavecse, which opened last year.
JERA and bp announce leadership team of planned 50-50 offshore wind joint venture, JERA Nex bp: 3/7/2025 9:46:20 AM; JERA Co., Inc. and bp have today announced the leadership team of their planned 50-50 offshore wind joint venture, JERA Nex bp. The new entity will be a leading global offshore wind developer, owner and operator and will be led by CEO Nathalie Oosterlinck, currently serving as CEO of JERA Nex. In addition to Oosterlinck, the leadership team reflects the strong bench of …
Liverpool FC and 1PointFive Announce Product Collaboration for Merchandise Using Direct Air Capture Technology: 3/7/2025 9:43:13 AM; Liverpool Football Club (LFC) and 1PointFive, a U.S.-based carbon capture, utilization and sequestration company, announced a new pioneering collaboration that will launch exclusive products for Reds’ supporters.
Eni: KKR completes the acquisition of a 25% stake in Enilive’s share capital: 3/6/2025 10:06:22 AM; Upon receipt of the necessary regulatory approvals, Eni and KKR have closed the transaction contemplated by the investment agreement, announced last October, for the acquisition by KKR of a 25% stake in Enilive’s share capital. The overall proceeds for Eni group, after accounting for cash adjustments and other items, amount to 2.967 billion euros, including a capital …
GE Vernova’s H-Class gas turbine fleet accumulates three million operating hours: 3/6/2025 9:25:17 AM; • Industry leading technology continues to grow with a fleet of 116 units in operation, providing 67 gigawatts of electricity, which is the equivalent capacity needed to power more than 50 million U.S.