Oil prices recover 3% as Omicron fears fade away
Oil prices recovered around 3% this Monday as fears of the Omicron variant causing severe demand disruption in the market are fading away. According to...
Tag : energy news
FuelCell Energy to enter market of South Korea after agreement
FuelCell Energy, a global leader in sustainable clean energy technologies; announced this Monday it will enter the market of South Korea, after reaching an agreement...
ExxonMobil starts the drilling of Claucus-2 offshore Cyrpus amid tensions
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ExxonMobil, the American major oil company, started drilling Glaucus-2, Block 10, offshore Cyprus this week. The drilling happened just weeks after Turkey raised issues over...
Oil snaps three-day rally before Christmas
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Oil prices snapped a three-day rally this Friday after Christmas, even though, oil prices ended up the week higher, as the market is easing concerns...
Venture Global signs its first LNG sales agreement with China
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Venture Global, an independent liquified natural gas (LNG) producer in the US, signed its first long-term sales agreement with China’s National Offshore Oil Corp. (CNOOC)....
Enel begins operations of its first solar + storage project in North America
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Enel Green Power, North America’s fifth-largest operator of wind and solar plants, began operations of its first solar plus energy storage project in North America....
US to be the world’s biggest LNG exporter in 2022, until 2025: EIA
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The US will be the world’s biggest exporter of LNG in 2022 and will remain in that leading position until 2025, according to data from...
Enphase Energy acquires 365 Pronto Inc
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Enphase Energy, a global energy technology company based in Fremont, California, completed the acquisition of 365 Pronto Inc; an Arizona-based technology company that is reinventing...
Sumitomo Corp eyes building hydrogen value chain in the US
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Sumitomo Corp. of Americas, the largest subsidiary of Sumitomo Corporation, announced it will participate in the Japanese Hydrogen Forum (JH2F). The Forum congregates Japanese companies...
Heliogen closes $39M award from DOE to deploy AI-power to California
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Heliogen, a leader in clean technology, announced this Monday it finalized a $39 million award from the US Department of Energy to deploy its top-notch...