Rigzone Industry News

'Sustainably produced lithium can be an enabler in the energy transition, and we believe it can become an attractive business'.

Europa said changes in fiscal and operating conditions surrounding the lease have rendered the area unfavorable.

The bank will provide nearly $48.5 million for an innovative closed-loop geothermal project being implemented for the first time at a commercial scale.

The Houston-based company posted adjusted net income of $1.63 billion, or $2.82 per share, for the quarter, compared to $1.58 billion, or $2.69 per share, in the same period in 2023.

For the first time, offshore power grids and hydrogen projects are eligible for the TEN-E/CEF Energy funding.

The US Federal Trade Commission declined to challenge Exxon Mobil Corp.'s $60 billion purchase of Pioneer Natural Resources Co.

The lab will focus on converting biomass to fuels with lower greenhouse gas emissions, as well as on carbon capture and utilization using by-product industrial brines.

'We see Far West Texas power demand more than doubling by 2040 due to electrification trends and cryptocurrency mining growth,' EIR warned.

Saudi Arabia and the European Commission are planning cooperation on renewable power, clean energy technology and carbon capture.

The EIB will provide a $160.7 million loan to Helen for two new renewable energy projects to transform Helsinki's district heating system.