Seatrium Delivers Next-Generation Jack-Up
Seatrium has handed over a next‑generation wind turbine installation vessel (WTIV) to Maersk Offshore Wind after successful sea trials at its Singapore yard. The custom‑engineered ship boasts a 1,900‑tonne crane with a 180‑metre hook height, capable of installing 15 + MW turbines. It meets US Jones Act requirements and will sail in March 2026 for its inaugural job on the Empire Wind project off New York. The project was completed with zero lost‑time injuries, underscoring Seatrium’s engineering and safety standards.
S Korea’s Hanwha to Buy LNG From Venture Global
South Korea's Hanwha Aerospace has signed a sales and purchase agreement to buy 1.5 million tonnes per year of liquefied natural gas from U.S. exporter Venture Global, with deliveries slated to start in 2030 and run for 20 years. The deal...
Chinese Scientists Build ‘Ultra-Stable’ Polymer Solar Cell with 19.1% Efficiency
Chinese researchers at Wuhan University of Technology have demonstrated a polymer solar cell with a record‑high power conversion efficiency of 19.1%. By blending a small fraction of linearly packed small‑molecule acceptors into a polymeric macromolecular acceptor matrix, they achieved ordered...
Peak-Hour Power to Cost More in Chandigarh Soon
Chandigarh Power Distribution Limited (CPDL) will introduce time‑of‑day (TOD) electricity tariffs for all consumer categories, beginning with industrial users. The new structure applies a multiplier of 0.8 during solar‑aligned daytime hours (9 am‑5 pm) and 1.2 during morning and evening peaks, while...
Ideal Heating Launches New Monobloc Propane Heat Pump for Commercial Buildings
Ideal Heating has added a 65 kW monobloc air‑source heat pump to its Ecomod 290HT line, targeting commercial buildings that need higher temperature output. The unit runs on propane (R290), delivers up to 70 °C flow temperature and achieves a COP of...
Tripura Milestone: State Crosses 8 MW of Solar Power Generation
Tripura has crossed the 8 MW threshold for rooftop solar generation under the PM Surya Ghar Muft Bijli Yojana. More than 2,350 households and small businesses have installed panels, collectively feeding over 8 MW into the state grid. The scheme has disbursed...
Yes, Santos Was Cleared of Greenwashing. But a Climate Law Reckoning Still Looms
The Federal Court dismissed all greenwashing allegations brought by the Australasian Centre for Corporate Responsibility against Australian gas producer Santos, finding its claims about cleaner‑energy gas and its net‑zero roadmap were not misleading. The judgment accepted Santos’ description of natural...
NITI Aayog Panel Calls for Public-Private Push to Boost India's Critical Minerals Self-Reliance
The NITI Aayog‑led National Critical and Strategic Minerals Committee called for a joint public‑private drive to accelerate exploration, research and partnerships for India’s critical minerals. Despite sizable reserves, limited exploration has left the country heavily import‑dependent on lithium, rare‑earth elements,...
Routing Software Wins LNG Carriers on Crew-First Approach
Knutsen LNG France has selected Syroco Live, an AI‑driven routing platform, for fleet‑wide deployment after a successful 2024 trial on four vessels. The system promises to boost navigation safety, cut fuel consumption by roughly 10% and lower greenhouse‑gas emissions while...
Petronas Carigali Taps Singapore Firm for Newbuild FPSO
Petronas Carigali awarded a 15‑year firm charter to Singapore‑based OceanSTAR Elite for a new‑build FPSO supporting the Sepat Integrated Redevelopment Project offshore Peninsular Malaysia. OceanSTAR will design, construct, install, operate and maintain the vessel, the third unit using its standardized...
ARENA Advances Industrial Emissions Cuts with $400M Fund
The Australian Renewable Energy Agency (ARENA) has launched the Powering the Regions Industrial Transformation Stream (ITS), a $400 million fund to cut greenhouse‑gas emissions from regional industrial facilities. The program, part of the broader Powering the Regions Fund, supports projects that...
Energy Insiders Podcast: China’s Clean Energy Surge Reshapes Coal, Oil and the Grid
China’s clean‑energy surge is reshaping its energy landscape, with record solar installations and a 30% jump in wind capacity driving more than a third of the nation’s economic growth. Lead analyst Lauri Myllyvirta highlighted that renewable build‑out now outweighs traditional...
Natural Resource Partners LP (NRP) Q4 2025 Earnings Call Transcript
Natural Resource Partners L.P. reported $42 million of free cash flow in 2025 and $190 million over the trailing twelve months, while net income reached $31 million. The partnership retired nearly $130 million of debt, leaving $70 million outstanding, and maintained a 75‑cent per unit...
Delek US Holdings Inc (DK) Q4 2025 Earnings Call Transcript
Delek US Holdings reported adjusted Q3 EPS of $1.52 and adjusted EBITDA of $319 million, excluding Small Refinery Exemption (SRE) impacts. Management highlighted a $60 million contribution from its Enterprise Optimization Plan (EOP) and raised the annual EOP run‑rate target to at...
Northwest Natural Holding Co (NWN) Q4 2025 Earnings Call Transcript
Northwest Natural Holding Co. reported fourth‑quarter 2024 adjusted earnings of $2.33 per share, slightly below the prior year due to regulatory lag, and set 2025 adjusted EPS guidance at $2.75‑$2.95. The company completed its largest Oregon gas utility rate case,...
Delek Logistics Partners LP (DKL) Q4 2025 Earnings Call Transcript
MPLX reported Q4 2025 adjusted EBITDA of $1.8 billion, a 2% year‑over‑year increase, and a full‑year adjusted EBITDA exceeding $7 billion, reflecting a 6.7% three‑year CAGR. The company raised its quarterly distribution by 12.5%, returning $4.4 billion to unitholders in 2025. A $2.4 billion...
PSEG Adds $1.5B to Five-Year Spending Plan
Public Service Enterprise Group (PSEG) lifted its five‑year regulated capital spending plan by $1.5 billion, targeting $22.5‑$25.5 billion through 2030. The company also raised its adjusted earnings growth outlook to 6‑8% from the prior 5‑7% range. The additional capex is aimed at...
Due Diligence Required as More Biofuel Feedstocks Used
NorthStandard released a white paper outlining the rapid uptake of biofuels in commercial shipping, noting a twelve‑fold increase in testing volumes to over 1 million MT between 2021 and 2025. Current 5‑10% bio‑blend usage satisfies the 2022 FuelEU Maritime requirement, but upcoming...
BP Goes Big on Shale Oil Drilling
BP is reviving its U.S. shale operations through BPX Energy, targeting an 8% production rise to 500,000 barrels per day this year and 650,000 barrels per day by 2030, which would represent roughly 20% of the company’s total output. The...
MidDay Snapshot: Natural Gas Cash Slides on Weak Demand Indicators
Natural gas cash prices slipped on Thursday as the front‑month April NYMEX contract lost ground. Spot gas for Friday‑Saturday delivery fell 30.5 cents to $2.040 per MMBtu, reflecting unseasonably mild weather forecasts. The price decline was amplified by a razor‑thin storage...
Nanochannel Method Makes Ion Membranes Twice as Strong for Clean Energy
University of Queensland researchers have introduced a nanoconfinement polymerisation technique that creates ultra‑thin ion‑exchange membranes with roughly double the tensile strength of conventional films. The method forces polymer chains to align within nanoscale channels, yielding dense, flexible membranes that can...
Nel ASA Stock Turns Positive After Weak Figures: Revenue Declines - Losses Widen - Order Intake Rises Significantly
Nel ASA posted a steep revenue decline in Q4 and the full‑year 2025, with Q4 revenue down 21% YoY to NOK 330 million and full‑year revenue falling 31% to NOK 963 million. Net losses widened dramatically, driven by a NOK 799 million impairment charge that pushed...
QIMC Identifies Second Hydrogen-Associated Structural Zone at 313m, Supporting Multi-Zone H2 System at West Advocate in Nova Scotia
Québec Innovative Materials Corp. announced that drill hole DDH-26-01 intersected a second hydrogen‑associated structural zone between 313 and 330 metres depth at its West Advocate project in Nova Scotia. This finding complements the earlier 142‑191 m fault corridor, confirming a vertically...
Lessons Learned From Hurricane Helene: How Appalachian Power Safely Scaled Mutual Aid
Hurricane Helene devastated Appalachian Power’s mountainous service area, causing widespread circuit failures and road washouts. The utility relied heavily on pre‑established mutual‑aid agreements to bring in external crews and equipment. By implementing rigorous safety protocols, real‑time communication tools, and staged...
Shell Troubleshoots Subsea Equipment at Ormen Lange Oil Field
Shell is troubleshooting subsea equipment at its Ormen Lange offshore gas field in the Norwegian Sea after a compressor failure forced production cuts on February 16. Output has been reduced by roughly 11.9 million cubic metres per day, about 46% of the...
Reach Subsea Lands Equinor Pipeline Survey Deal
Norwegian offshore services firm Reach Subsea has been awarded a contract by Equinor, on behalf of Gassco, to conduct external inspections of roughly 3,500 km of subsea pipelines. The inspections will span Gassco’s network in Norwegian waters and export routes to...
700MW Data Center Could Be Built at Port of Dunkirk, Northern France
The Dunkirk Port Authority has opened a 21‑hectare brownfield site for a potential AI‑focused data center, offering developers a power connection ranging from 400 MW to 700 MW. Power will be supplied by RTE from the nearby Flanders Maritimes substation, with a...
Green Value Supports Transaction: Green Value GmbH Assists Balance Erneuerbare Energien GmbH in Biogas Portfolio Acquisition
Green Value GmbH assisted Balance Erneuerbare Energien GmbH in acquiring a 46 MW portfolio of biogas plants located in Saxony, Saxony‑Anhalt and Mecklenburg‑Vorpommern. The transaction includes technical due diligence and risk assessment performed by Green Value, with plans to modernize and...
Biden’s Green New Deal Supercharged Manufacturing Construction in USA, Trump Killing It
The Inflation Reduction Act and accompanying Bipartisan Infrastructure Law sparked a massive reshoring wave, tripling U.S. manufacturing construction spending between 2021 and 2024. The legislation attracted EV battery, solar, and other cleantech projects, creating a surge in blue‑collar jobs. Following...
Investigations After Wind Worker Deaths in Germany
Two 32‑year‑old construction workers were killed on 25 February when a platform fell inside the tower of the 86 MW Fischborn wind farm in Hesse, Germany. The accident occurred while the men were using an aerial work platform on a turbine...
SOCAR Gets EU Green Light for Major Italian Petrol Bid
The European Commission has approved Azerbaijan’s state oil company SOCAR to acquire 99.82% of Italy’s Italiana Petroli, including its two refineries and a network of roughly 4,500 fuel stations. The deal adds about 10 million tonnes per year of crude‑processing capacity to...
India's Energy Demand to Surpass US by 2040s and China by 2060s, Report Reveals
Shell India’s new scenarios sketch projects that India’s total energy demand will outpace the United States in the 2040s and overtake China by the 2060s, driven by rapid economic and population growth. The report shows the fossil‑fuel share in the...
SHINE Raises $240 Million in Funding to Advance Commercial Fusion Technology
SHINE Technologies announced a $240 million equity raise led by NantWorks, bringing its total funding above $1 billion. The round adds Dr. Patrick Soon‑Shiong to the board, linking the fusion firm with a serial biotech entrepreneur. SHINE will use the capital to...
Armenia’s Nuclear Choice Carries Heavy Debt Trade-Offs, Says GlobalSource
Armenia is negotiating a U.S.-backed small modular reactor (SMR) program that could add up to 30% of GDP to its public debt in a worst‑case scenario. The $9 billion figure reflects a sovereign‑guaranteed loan rather than direct foreign investment, contrasting with...
Momentum Midstream Explores Sale That Could Fetch $5B
EnCap Flatrock Midstream is exploring a sale of its gas‑pipeline subsidiary Momentum Midstream for a price exceeding $5 billion. The private‑equity firm has engaged advisers and is gauging interest from rivals and other buy‑out funds. Momentum operates roughly 4,000 miles of...
Eni Approves Project to Enable Biofuel Production at Pavia Refinery
Eni SpA has approved a final investment decision to convert units at its Pavia refinery into a biorefinery capable of processing up to 550,000 metric tons of waste‑derived feedstock per year. The project, which repurposes the Hydrocracker (HDC2) with Ecofining™...
First Offshore Vessel to Operate on Ammonia Coming This Autumn
Norwegian offshore vessel owner Eidesvik Offshore has commissioned the conversion of the 95‑metre platform supply vessel Viking Energy to run on ammonia, with work slated for completion in autumn 2026. Wärtsilä will provide a 25 MW dual‑fuel engine capable of burning...
MOSCOW BLOG: Russia as a Supermarket Dressed up as a Country
Russian Finance Minister Anton Siluanov announced a sweeping fiscal overhaul, lowering the oil‑price budget rule threshold by $1 each year for five years to shift revenue reliance from oil and gas to domestic consumption. The move follows a sharp drop...
New Trust Charter for Business Energy
A new Trust and Transparency in Business Energy Charter (TNT Charter) was unveiled in the UK to address collapsing trust in the business energy market. Backed by Labour MP Sarah Edwards, the voluntary code calls for clear pricing, fair sales...
Ormat Announces Stable Quarterly Dividend of USD 0.12: Double-Digit Revenue Growth in Q4 and Full Year 2025 – Strong Expansion...
Ormat Technologies reported a 19.6% rise in Q4 revenue to $276 million and a 12.5% increase for the full year, while GAAP net income slipped to $31.4 million in the quarter. The company’s energy‑storage segment more than doubled its revenue, and the...
Everllence’s Electrically Driven Compressor Trains Ordered for Guyana-Bound FPSO
Everllence, formerly MAN Energy Solutions, will supply four electrically driven compressor trains to MODEC for an FPSO serving ExxonMobil’s Hammerhead field offshore Guyana. The order includes two low‑pressure gas compressors with variable‑frequency drives and two export‑gas compressors with fixed‑speed drives....
Fraunhofer Reveals Collaborative Project ‘ProBatman’ on Direct Battery Recycling
Fraunhofer’s FZEB has launched the ProBatman project to develop direct recycling of lithium‑ion battery cathodes, aiming to recover high‑purity materials while minimizing waste. Coordinated by Netzsch‑Gerätebau, the consortium includes BMW, EurA AG, the University of Würzburg and several technology firms,...
Philippines Department of Energy Instructs Renewable Energy Plants to Add Energy Storage
The Philippines Department of Energy issued Circular No. DC2026‑02‑0008, requiring all variable renewable energy (VRE) projects of 10 MW or larger to integrate energy storage systems (ESS). The rule mandates storage capacity of at least 20 % of the renewable plant’s capacity...
Calls to Move England’s Home Insulation Scheme Into Council Workers’ Hands
A Commonwealth think‑tank recommends that English councils replace private contractors with in‑house crews to deliver the £15 bn Warm Homes plan. The proposal calls for creating 30 regional "home improvement corporations" that would train and employ up to 140,000 workers to...
Works Begin at State-Owned, Forest-Based Wind Farm – Starting with Five Firefighting Water Tanks
Victoria’s State Electricity Commission (SEC) has begun preliminary works at the Delburn Wind Farm, installing five 130,000‑litre firefighting water tanks as part of a broader fire‑mitigation plan. The 205 MW project, purchased for about $650 million, becomes the state’s first publicly owned...
Chile Moves to Fast-Track New Lithium Deals
Chile’s mining ministry is set to file five new lithium contracts in March, just days before President Gabriel Boric departs office, as part of a push to accelerate the 2023 national lithium strategy. The contracts target the Salar de Ascotán,...
SSE Signs 83MW Sanquhar 2 PPA
SSE Energy Markets has signed a 47‑month power purchase agreement with CWP Energy for 33 % of the 308 MW Sanquhar 2 onshore wind farm, covering 83.4 MW and roughly 354 GWh of annual generation. The project, slated for first power in Q3 2026 and full...
CIHT Issues Guidance on Inclusive EV Rollout
The Chartered Institution of Highways & Transportation (CIHT) has released a detailed guide titled "Rolling out Electric Vehicle Charging Infrastructure: Advice for Local Authorities" to help UK councils plan, deliver and maintain inclusive public EV charging. The guidance aligns with...
China Lithium Prices Surge as Zimbabwe Suspends Raw Mineral Exports
China’s lithium carbonate futures surged after Zimbabwe suspended all raw mineral and lithium concentrate exports. The Guangzhou Futures Exchange contract jumped 6.07% to 178,020 yuan, having peaked above 9% earlier in the session. Zimbabwe, the continent’s top lithium producer, shipped...
Biggest Oil Cos Need to Find 22MM Bpd by 2040
Wood Mackenzie warns that the world’s 30 largest oil and gas firms must add roughly 22 million barrels of oil‑equivalent per day by 2040 to preserve their share of global demand. Current output of about 50 mbd is projected to fall nearly...