Failure to store renewable energy fuels UK’s dependence on gas and wastes the power of half a million homes per day UK has wasted over 1,300 GWh of wind since the start of the energy crisis in September 2021 due to an inability to store excess...
ConnectDER will supply Siemens with a proprietary plug-in adapter for electric vehicle chargers. The new device will enable electric vehicle (EV) owners to charge EVs by connecting chargers directly through the meter socket, a convenient and efficient location available on every home. By bypassing a...
A new battery to help the world meet sustainable energy goals by 2030To meet IRENA’s ambitious target, the world needs 150 GW of battery storage. Now there are several means of renewable resources today. You’ve got solar, you’ve got wind and of course, you’ve got...
Eni has successfully drilled the Baleine East 1X well, the first exploration well in block CI-802 and second discovery on the Baleine structure, offshore Côte d’Ivoire. The excellent results have allowed to increase by around 25% the volumes of hydrocarbons in place of the Baleine...
Adjusted basic EPS of 11.0p (2021: 1.7p); 10.2p excluding Spirit Energy disposed assets.Strong Upstream volumes against a backdrop of higher commodity prices.Increased commodity volatility handled well in Energy Marketing & Trading.Statutory basic EPS loss of 14.7p (2021: profit of 23.2p) includes a £1.9bn loss on...
Abu Dhabi National Oil Company (ADNOC) announced the award of two substantial contracts totaling $2 billion (AED 7.49 billion) to ADNOC Drilling for the Hail and Ghasha Development Project. The contracts comprise $1.3 billion (AED 4.89 billion) for integrated drilling services and fluids, and $711...
Libya to load oil for export, ending a force majeure on key oilfields and ports that had been in place since April. Libya now expects to double crude output to 1.2 million bpd Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC), a part of...
Ampt’s Patented Optimizer Technology Plays a Key Role in the Lower Cost and Higher Performing DC-coupled Energy Storage Solution FORT COLLINS, Colo.--(BUSINESS WIRE)--Ampt, the world’s #1 DC optimizer company for large-scale photovoltaic (PV) systems,...
TechnipFMC (NYSE: FTI) announced today that its Board of Directors has authorized a new share repurchase program under which the Company may repurchase up to $400 million of its outstanding ordinary shares. The program represents 14 percent of the Company's outstanding shares at yesterday’s closing...
Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable September 2, 2022, to holders of Dana common stock as of August 12. Information Source: Read More ENERGY...
The Board of Directors of TotalEnergies SE, meeting on July 27, 2022 under the chairmanship of Mr. Patrick Pouyanné, Chairman and Chief Executive Officer, declared the distribution of the second 2022 interim dividend at €0.69/share, similar to the first 2022 interim and an increase of...
Occidental (NYSE: OXY) announced today that its Board of Directors has declared a regular quarterly dividend of $0.13 per share on common stock payable on October 17, 2022, to stockholders of record as of September 12, 2022. Information Source: Read More ENERGY | ELECTRIC POWER | NATURAL...