Energy Transition in Motion (Week of Jan. 17, 2025)
Here is a look at some of this week’s renewable energy news, including more than $8 billion more in loans closed by the Department of Energy’s Loan Programs Office.
BP Cuts Over 5% of Workforce to Reduce Costs
BP will cut over 5% of its global workforce as part of efforts to reduce costs and rebuild investor confidence.
Aker Solutions, Siemens to Begin Offshore UK Wind Farm Work
Aker Solutions and Siemens Energy will work on wind farms in the U.K. North Sea that are part of RWE’s 4.2-gigawatt Norfolk Offshore Wind Zone.
Energy Transition in Motion (Week of Jan. 10, 2025)
Here is a look at some of this week’s renewable energy news, including guidance on technology-neutral clean electricity credits.
CIP Taps Canadian Solar for 2GWh of Energy Storage
Canadian Solar’s e-STORAGE received contracts for the 1-GWh Coalburn 2 and the 1-GWh Devilla projects in the U.K.
Shell Selects SLB for Deepwater Drilling Contracts
SLB will deliver the projects in the U.K. North Sea, Trinidad and Tobago and the Gulf of Mexico, among others regions, over the next three years.
E&P Highlights: Dec. 16, 2024
Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
TotalEnergies Sells Half of UK Gas Power Plant to Subsidiary of EPH
TotalEnergies acquired the power plant, called West Burton Energy, for US$473.4 million in June.
Energy Transition in Motion (Week of Dec. 13, 2024)
Here is a look at some of this week’s renewable energy news, including the latest on explosive growth in grid-scale energy storage installations.
Kosmos in Talks to Acquire UK’s Tullow Oil in All-Stock Deal
Kosmos Energy is in early discussions to acquire U.K.-based Tullow Oil in an all-stock transaction, the companies confirmed.