ACWA Power Reports Strong 2024 Financial Results and Unprecedented Growth in Energy Capacity

Representational image. Credit: Canva Saudi-listed ACWA Power, the world’s largest private water desalination company and a leader in energy transition and green hydrogen, has announced its consolidated financial results for…

Ørsted Advances Denmark’s First Full-Scale Carbon Capture and Storage Project

Absorbers, desorbers, and direct contact coolers—crucial components for future carbon capture facilities at Asnæs Power Station and Avedøre Power Station—have now been successfully installed. This achievement marks a significant milestone…

  • Gas
  • February 26, 2025
TotalEnergies commissions BioNorrois biomethane facility in France

TotalEnergies has commissioned BioNorrois in Fontaine-le-Dun (Normandy), its eighth biomethane production unit in France – raising its biogas production capacity in the country to more than 800 GWh. It will inject 153 GWh of…

Oil Holds at Two-Month Low on Rising Supply Concerns

Summary • Potential peace deal between Russia and Ukraine weighs on prices• Oil sanctions in focus after talks between U.S. and Russia• Investors await US oil inventory data from EIA…

Diamondback Looks to Partner on Gas-Fired Power Plant in Permian

A Diamondback Energy Inc. oil rig in Midland, Texas. Diamondback Energy Inc. is in talks to form a power joint venture that would solve some of the shale giant’s own needs…

Winter Finally Gives US Natural Gas Room to Run

Welcome to our guide to the energy and commodities powering the economy. Today, reporter Elizabeth Elkin explores the recent weather-driven rally for US natural gas. Old Man Winter has finally…

Trump’s EPA Plots Single Strike Against US Climate Change Rules

At issue is the EPA’s 2009 conclusion that several different greenhouse gases threaten the public health and welfare of current and future generations. President Donald Trump’s top environmental regulator is…

BP Refocuses on Oil Amid Elliott Pressure, But Cuts Buybacks

BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but shares fell as the company sharply cut…

EU Boasts Transition Plan Will Save Billions in Energy Imports

The European Union eyes savings of over $47 billion in crude oil and natural gas imports with its new plan to bring down energy prices across the bloc. The plan…

India’s Renewable Energy Investment Is Falling Short of Targets

ByTsvetana Paraskova– Feb 26, 2025, 4:42 AM CST India is at risk of missing its ambitious clean energy targets if it doesn’t significantly boost investment in renewable energy, which is…