Ørsted Posts Massive $262 Million Q3 Loss As Offshore Challenges Mount
Ørsted, the world’s largest offshore wind developer, reported on Wednesday a loss for the third quarter amid soaring impairment charges as the offshore wind industry faces backlash in the United…
Portable gas safety tech on show at German trade fair
US-based MSA Safety will this week showcase its multi-gas detector technology at the A+A International Trade Fair & Congress in Düsseldorf, Germany. It will be the first time the six-gas…
Portable gas safety tech on show at German trade fair
US-based MSA Safety will this week showcase its multi-gas detector technology at the A+A International Trade Fair & Congress in Düsseldorf, Germany. It will be the first time the six-gas…
Green hydrogen with smart system powers Australia cotton project
Australian hydrogen developer Hiringa Energy has received US-made solar power technology that will help supply renewable energy to its low-carbon cotton project in New South Wales. Once installed the new…
Iraq Cancels Lukoil Cargoes as U.S. Sanctions Bite
Iraq’s state oil marketing company SOMO has canceled three crude loadings from Russia’s Lukoil this month after the U.S. sanctioned the second-biggest Russian oil producer last month, market sources have…
Germany Burns More Gas as Renewables Falter Ahead of Winter
Germany is generating electricity from gas-fired power plants at the highest rate since 2021, slowing EU-wide efforts to refill gas storage ahead of peak demand season. Reuters’ Gavin Maguire reports…
Australia’s Woodside Bets Big on LNG Boom With 2032 Growth Plan
Australia’s Woodside Energy expects its sales of crude oil and natural gas to rise by some 50% by 2032, driven by growing demand for energy, especially in Asia. Growing at…
Analysis: How AI is changing industry and energy
With its deep pockets and vaulting ambition, the UAE is rarely behind the curve when it comes to global trends. In tune with that, this week’s Adipec exhibition may well…
Analysis: How AI is changing industry and energy
With its deep pockets and vaulting ambition, the UAE is rarely behind the curve when it comes to global trends. In tune with that, this week’s Adipec exhibition may well…
Europe to invest €2.9bn in biofuels and e-fuels
The European Commission has announced a €2.9bn investment for sustainable fuels by 2027. Most of the investment (€2bn) will come under InvestEU, with €300m coming from the European Hydrogen Bank…
