News
e-STORAGE awarded contract to deliver 381 MWh battery energy storage system for Apex project in Michigan
6+ hour, 58+ min ago (479+ words) It is not a secret just how important storage facilities have become in the current energy environment. Wind and solar energy facilities, in particular have previously faced criticism for being vulnerable to intermittency issues. After many years of exploring solutions,…...
Occidental Petroleum's new CEO Richard Jackson faces debt reduction pressure and investor scrutiny over company's future direction
4+ hour, 47+ min ago (837+ words) Richard Jackson had been CEO of Occidental Petroleum for less than a month when the pressure began to mount. Investors want him to lift a lagging stock price, accelerate debt reduction, and manage a costly preferred stake held by Berkshire…...
Petrobras and Pemex sign Mo U to collaborate on hydrocarbon exploration, refining, and emissions reduction
14+ hour, 12+ min ago (440+ words) The Mo U runs for two years and can be renewed at expiration. Both companies were clear about their limits. The agreement does not constitute a binding investment commitment, nor does it establish a joint venture'at this stage, it is…...
California files formal objection to proposed federal offshore wind lease buyout arrangement
18+ hour, 56+ min ago (466+ words) One of the main reasons why the U. S. maintains success in clean energy initiatives is the amount of wealth and resources that it possesses. The integration of technology into the industry opened up greater possibilities for developers to execute clean energy…...
DOF Group secures three-year North America subsea contract for Skandi Involver vessel starting Q3 2026
19+ hour, 14+ min ago (407+ words) DOF Group has secured a major contract win in North America, with its subsea region awarded a Very Large contract for the Skandi Involver vessel. The agreement carries a firm three-year term beginning early Q3 2026, with two additional one-year options that…...
Ivanpah built 173, 500 mirrors that tracked the sun with near-perfect precision and still ended up on California's energy naughty list
22+ hour, 26+ min ago (686+ words) In California's Mojave Desert, 173, 500 mirrors track the sun with near-mechanical perfection " achieving 9294% field availability, day after day. By that measure, Ivanpah should be a triumph. Instead, its utilities want out of their contracts, regulators blocked the exit, and the plant…...
Sea Bird Exploration secures West Africa ocean bottom node source contract for Fulmar Explorer vessel
21+ hour, 51+ min ago (604+ words) Sea Bird Exploration has been awarded an ocean bottom node source contract in West Africa, adding new work to its fleet schedule ahead of a key vessel milestone. The Fulmar Explorer " a subsidiary asset of SED Energy Holdings " is set…...
Researchers find hybrid offshore platforms combining solar, wind, and wave energy achieve capacity factors up to 45% and lower electricity costs than single-source systems
20+ hour, 27+ min ago (877+ words) Offshore wind, floating solar, and wave energy each have their limits alone. But combined on a single platform, they may perform substantially better " and cost less. The review was conducted between January and March 2024, drawing on three major academic databases:…...
These seven wind turbines will have a red blade to solve a problem that has plagued the wind power industry for more than 40 years
1+ day, 27+ min ago (573+ words) A pioneering European project is deploying wind turbines with a red blade each to solve a long-standing problem. Meeting international climate goals has become more challenging as energy demand continues to surge. To overcome this, offshore wind energy is expanding…...
Envision Energy and AMEA Power finalize deal for 500 MW Amunet II wind project in Egypt
22+ hour, 34+ min ago (544+ words) The Africa Energy Forum 2026 served as the backdrop for the announcement, where Envision Energy confirmed its agreement with AMEA Power for the Amunet II project. The forum draws developers, financiers, and policymakers focused on accelerating energy investment across the continent…...