Category: Energy Engineering

EIFO Provides €150M Guarantee for Fengmiao 1

Wedoany.com Report-Apr 1, Danish investment fund EIFO has provided a €150 million (DKK 1.119 billion) project financing guarantee for the Fengmiao 1 offshore wind farm in Taiwan. The project, whi...

2025-04-01

Great Wall Motor’s Net Profit Surges 80.76% YoY in 2024

Wedoany.com Report-Apr 1, Chinese automaker Great Wall Motor (GWM) released its 2024 financial results, showcasing strong performance in revenue and profits on March 28. The company reported an annual...

2025-04-01

Mexico Announces Battery Storage Mandate for Renewable Energy Plants

Wedoany.com Report-Apr 1, As renewable energy projects in Mexico continue to expand, new requirements have been introduced to enhance grid stability. Under a recent directive, all wind and solar energ...

2025-04-01

OEG Bags Three-Year Offshore Wind Gig With Orsted

Wedoany.com Report-Apr 1, OEG Energy Group has recently secured a three-year contract for Orsted’s German offshore wind cluster, a deal that underscores the companys commitment to advancing rene...

2025-04-01

Brazil’s Petrobras, Bndes Partner to Buy Carbon Credits in Amazon Region

Wedoany.com Report-Apr 1, Mondays news highlights a significant collaboration between Petrobras (PETR4.SA) and BNDES, two major players in Brazils oil and development sectors. Together, they have laun...

2025-04-01

US Oil Production Fell to 11-Month Low in January, Data Shows

Wedoany.com Report-Apr 1, U.S. crude oil production dropped significantly in January 2025, hitting a 13.15 million barrels per day (bpd) level, the lowest since February 2024, according to the U.S. En...

2025-04-01

Petrobras Lowers Diesel Prices for First Time in More Than a Year

Wedoany.com Report-Apr 1, Petrobras lowers diesel prices for the first time in over a year, impacting fuel costs in Brazil. The state-run oil company announced a 4.6% cut in diesel prices, reducing th...

2025-04-01

Duke Energy Receives Approval to Extend Operations at Oconee Nuclear Plant

Wedoany.com Report-Apr 1, Duke Energy has recently been granted a 20-year renewal of the license for its Oconee nuclear power plant in South Carolina. This decision comes after a long period of inacti...

2025-04-01

Shell Warns Australia’s Gas Reservation Plan Could Worsen Shortages

Wedoany.com Report-Apr 1, On May 3, as Australia approaches its general election, energy has become a key political issue. The conservative Liberal-National coalition has pledged to tackle rising powe...

2025-04-01

Sembcorp Inks 25-Year Solar Power Deal

Wedoany.com Report-Mar 31, Sembcorp Industries has announced a significant milestone in its renewable energy efforts. On March 31, 2025, the company signed a 25-year agreement to construct a floating ...

2025-03-31