Seatrium Singapore shipyard group Seatrium has sold its AmMFELS yard located at Brownsville, Texas, for a consideration of S$65m ($50.6m) to Karpower Valley, a related party of Karpowership. Seatrium stated that the accretive divestment would […]
In a surprising turn of events amid ongoing geopolitical tensions, ExxonMobil has taken a bold step toward reclaiming billions in losses from its forced exit from Russia’s Sakhalin-1 oil project. According to recent reports, the […]
Doug Sheridan on LinkedIn writes: Last month we came across the attached series of charts on the Grid Status app. They show continual generation on Ercot for the 30 days ending Aug 4—ie, the middle […]
Data source: U.S. Energy Information Administration, Annual Electric Generator Report Data values: File 3.4—Energy Storage In our annual survey of power plant activity, we ask operators of utility-scale batteries how they are using their systems, and one use case […]
WASHINGTON (TNND) — The United States and Kazakhstan reached a $4.2 billion locomotive agreement on Monday that will support thousands of U.S. jobs in Texas and Pennsylvania. Parts maker Wabtec, based in Pennsylvania, will provide the […]
The vast resources of underground coal, crude oil, and natural gas are all useless unless refined or processed into the fuels and products that support the lives of 8 billion people. Refineries, coal gasification, and […]
In the wake of geopolitical shifts and Europe’s ongoing quest for energy security, U.S. oil supermajors are ramping up their presence in the liquefied natural gas (LNG) market. Companies like ExxonMobil and Chevron are expanding […]
In the heart of rural Louisiana, a colossal $10 billion project is underway that promises technological advancement but threatens the livelihoods of local farmers. Meta, the parent company of Facebook and Instagram, is constructing what […]
Data source: U.S. Energy Information Administration, Hourly Electric Grid Monitor Over the past few years, net electricity inflows from Canada into New York (New York Independent System Operator, or NYISO) and New England (Independent System Operator of […]
In a world grappling with escalating energy demands driven by artificial intelligence, electric vehicles, and industrial electrification, nuclear power is emerging as a powerhouse solution. According to a recent analysis by Bank of America, the […]
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