Tue.Dec 24, 2024

article thumbnail

Driving home for Christmas. (petrol prices edition)

Oilholics Synonymous Report

Season's greetings dear readers. Many of you may be driving home for Christmas and looking forward to the New Year, with perhaps that most famous of Chris Rea songs playing on the radio. As you fuel up for the journey ahead, it is now pretty certain the current year and its festive season will end with petrol prices (or gasoline if you wish) at their lowest since 2021.

Crude Oil 130
article thumbnail

7.5GWh! LG Energy Solution Signs Another U.S. Energy Storage Project

EnergyTrend

7.5GWh! LG Energy Solution Signs Another U.S. Energy Storage Project AccordingtoChuneng.BJX,onDec.21,theU.S.subsidiaryofSouthKoreancompanyLGEnergySolutionannouncedthatithadsignedanagreementwithU.S.newenergyinvestorExcel.

Energy 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Norway Awards Two More Exploration Permits for North Sea Carbon Storage

Rigzone: News

Two consortiums with majority state-owned Equinor won two new exploration licenses for CO2 storage on the Norwegian side of the North Sea.

52
article thumbnail

CGN Launches Construction of Laos’ First 1 GW Solar PV Project

EnergyTrend

CGN Launches Construction of Laos First 1 GW Solar PV Project AccordingtoPeople'sDaily,onDecember18,localtimeinLaos,CGNsPhaseI1GWSolarPVProjectfortheNorthernLaosInterconnectedCleanEnergyBaseofficiallycommencedco.

130
130
article thumbnail

Thailand's PTTEP to Invest $21.25 Billion in 2025 to 2029

Rigzone: News

State-run PTTEP expects to spend $5.3 billion in capital next year mainly on projects supporting domestic energy security, part of a $21.25 billion plan over the next five years that includes investment in energy transition.

Energy 52
article thumbnail

Indonesia's Largest Optical Energy Storage Project! Yongfu won the big bid of Indonesia's over 1 billion yuan optical storage general contracting project

EnergyTrend

Indonesia's Largest Optical Energy Storage Project! Yongfu won the big bid of Indonesia's over 1 billion yuan optical storage general contracting project AccordingtoYongFu,onDecember22,YongfusharesreceivedtheNoticeofAwardfortheprojectof200MWacmountainphotovoltaicand80MW/80MWhenergystoragesysteminMorow.

Energy 130
article thumbnail

Pluto LNG Train 2 Module Deliveries Wrapped Up

Rigzone: News

The completion of the module program keeps the Scarborough project on target to deliver first LNG in 2026.

More Trending

article thumbnail

ExxonMobil Acquires Third of 5 FPSOs Leased from SBM Offshore

Rigzone: News

ExxonMobil assumed ownership of FPSO Liza Destiny, after acquiring FPSOs Unity and Prosperity.

article thumbnail

Fast Wildfires

Energy Central

Recently, I read a really important research article in Science. This was from a huge study regarding wildfires in the US from 2001 to 2020. Although I summarized much of this report (when printed, this article was 20 pages long, and that was without supplemental material), I tried to capture the essence of this article’s most important findings.

40
article thumbnail

ADNOC Drilling Completes JV Agreement for UAE Well Program

Rigzone: News

'This joint venture is a groundbreaking achievement and is already paying dividends through the significant reduction in well delivery time as seen through the first wells being delivered in record time'.

article thumbnail

Petrofac Secures Lock-Up Deal toward Completion of Fiscal Restructuring

Rigzone: News

Petrofac signed a lock-up agreement with creditors laying the terms for a financial restructuring that includes new debt and equity.

article thumbnail

ProPetro Secures Fourth FORCE Electric Frac Fleet Contract

Rigzone: News

ProPetro signed a contract to provide electric hydraulic fracturing services to a Permian-focused oil and gas operator.

article thumbnail

Trio Eyes Acquisition of Heavy Oil Assets from Novacor

Rigzone: News

The assets are in the prolific Lloydminster, Saskatchewan heavy oil region of Canada.

Oil 52