MARA, a cryptominer, taps the power generated by U.S. Shale Patch in a new pilot program
MARA Holdings Inc. has announced that it is now producing electricity in the U.S. Shale Patch as part of a program pilot to power 25 megawatts for its mining operations using excess natural gas.
Sweco will design one of Europe’s largest battery-based energy storage systems in Belgium
Sweco, a Swedish engineering consultancy, announced that it will design Green Turtle in Belgium, one of Europe's biggest battery energy storage systems. Sweco designed…
As tensions in the Middle East escalate, futures prices fall; employment data is on tap
U.S. Stock Index Futures fell on Wednesday, as geopolitical tensions and a port strike in the United States kept investors on edge before data that was expected…
Brazil's mega dams were supposed to lead the way for a greener future. Climate change came next
The drought has exacerbated the problem of underperformance. When he first came to power in the early 2000s, Brazil's President Luiz inacio Lula da silva bet his…
JLR invests 500 million pounds in upgrading EV factory
Jaguar Land Rover announced on Thursday that it will invest £500 million ($669.6million) in parallel production of electric cars at its Halewood plant as part of the electrification strategy.
Exagen, a British firm that specializes in solar energy and battery storage, has been acquired by Octopus
Octopus Energy Generation acquired Exagen Group, a developer of solar and battery storage systems. This acquisition will allow the company to increase its renewable energy pipeline.
Egypt plans to restore gas production at its gas fields to normal by the summer of 2025
Mostafa Madbouly, the Prime Minister, said that Egypt hopes to resume normal production in its natural gas fields before next summer. He also indicated that the…
As Norwegian maintenance curtails supply, the price of EUROPE GAS is on the rise
The wholesale gas price in the Netherlands and Britain increased slightly on Thursday as Norwegian maintenance ramped up. The benchmark front-month contract for…
As Russia attacks Ukraine's energy infrastructure, the price of gas in Europe is rising.
The Dutch and British wholesale prices of gas closed higher on Monday amid concerns about supply as Russia fired missiles against energy infrastructure in Sumy, a city located north-east Ukraine.
Ecuador orders a series of power outages due to drought
The government of Ecuador announced late Monday that it would implement eight-hour power cuts every night across the Andean nation next week. It cited a severe dry…
Toronto stocks are up as resource-linked stocks gain.
Canada's main index of stocks rose on Thursday. This was largely due to gains in mining shares, as the latest U.S. data confirmed the possibility of an interest…
Spain, a leading olive oil producer, uses olive stones as fuel
David Jimenez Zamora, a farmer in Spain, barely batted an eyelid when the price of gas and electricity soared due to the energy crisis. The Spanish man kept the…
EIA: US power consumption expected to hit record levels in 2024 and 25
The U.S. Energy Information Administration's (EIA) Short Term Energy Outlook, published on Tuesday, said that the U.S. electricity consumption will reach new records by 2024 and 2025.
Ministry: Romania will launch CfD-based support scheme for green energies in mid-November
Romania will launch its first auction of onshore renewable energy projects by mid-November through a contract-for-difference (CfD) support scheme funded by the European Union…
UN chief warns that Africa's inability to access debt relief could lead to social unrest
The lack of resources and insufficient debt relief for African countries is a recipe to create social unrest. This was the conclusion reached by UN Secretary-General Antonio Guterres on Thursday.
Halliburton claims hackers removed data from August cyberattack
Halliburton, a U.S. oilfield service firm, said Tuesday that an unauthorized third-party had accessed its systems and removed data. Details about the cyberattack first reported by were revealed.
Norway's power grid operator reduces its demand forecast and deficit projection
Statnett, the Norwegian transmission system operator, said that the growth of Norway's electric demand in the next few years will be slower than originally projected…
UK's Hunting maintains annual forecast despite H1 profit increase
Hunting Plc, a British energy services company, posted a 23% increase in its first-half profits on Thursday. The firm attributed the jump to a robust order book for its oil and subsea businesses.
Meet the CTO: Dr. Gunnar Stiesch, MAN Energy Solutions
As the shipowners stare down decarbonization mandates that grow increasingly strict through 2050, the engine makers are at the tip of the spear of this energy transition phenomena…
Qatar signs another LNG supply contract with Kuwait for 15 years
Qatar has agreed to supply Kuwait for 15 years with 3 million tonnes per annum of liquefied gas (LNG). This is the second LNG deal signed since 2020, as Kuwait imports…
