Wood Mackenzie Report: Record 24 GW Overseas Power Installations by Chinese Companies in 2024, Led by Renewable Energy

Chinese companies have made a significant milestone in their overseas power development, installing a record 24 gigawatts (GW) of capacity in Belt & Road (B&R) countries in 2024, according to…

  • Coal
  • January 29, 2025
PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap

PJM Interconnection and Pennsylvania Governor Josh Shapiro have settled a lawsuit over PJM’s capacity market pricing, agreeing to lower the grid operator’s auction price cap from over $500/MW-day to $325/MW-day.…

Lower Wind Generation in Germany Raises European Power Prices

ByTsvetana Paraskova– Jan 29, 2025, 4:45 AM CST Germany has been experiencing lower-than-normal winds for four months, which have reduced wind power generation, boosting electricity prices and the reliance on…

Shell Leads the $1.4-Billion Carbon Credits Market

ByTsvetana Paraskova– Jan 29, 2025, 6:00 AM CST As Europe’s major oil and gas firms scaled back investments in renewables, UK-based Shell led the global voluntary carbon market with the…

Big Oil Set to Book Lowest Quarterly Profits in Three Years

ByTsvetana Paraskova– Jan 29, 2025, 7:00 AM CST The five biggest international oil and gas majors are expected to report in the coming weeks their lowest quarterly earnings in three…

Europe’s Strictest ESG Funds Hit by Record Outflows

ByTsvetana Paraskova– Jan 29, 2025, 8:30 AM CST Poor returns prompted investors to withdraw record amount of money from the EU’s funds with the strictest ESG standards, a report by…

Ukraine Drones Hit Second Russian Oil Refinery in Less Than a Week

Ukraine Drones Hit Second Russian Oil Refinery in Less Than a Week | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Jan 29, 2025, 9:30 AM CST Ukraine early on…

  • Gas
  • January 29, 2025
How drones, robotics and VR are changing industrial gases

Drones, robots and virtual reality might have sounded like science fiction a few years ago, but in industrial gas operations, they’re becoming everyday tools. At the EIGA Winter Summit 2025,…

  • Gas
  • January 29, 2025
How drones, robotics and VR are changing industrial gases

Drones, robots and virtual reality might have sounded like science fiction a few years ago, but in industrial gas operations, they’re becoming everyday tools. At the EIGA Winter Summit 2025,…

US FERC Affirms Approval for Transco Pipeline Expansion in Remanded Case

The United States Federal Energy Regulatory Commission (FERC) has redeclared its decision to grant authorization for an Atlantic pipeline expansion project by Transcontinental Gas Pipe Line Co. LLC (Transco). The…