Obsidian Energy Acquires Canadian Basel Belly River Shale Assets for C$105 Million
Obsidian Energy Ltd. and Yangarra Resources Corp. are drilling for oil on the edge of the Canadian R...
In 2026, ReconAfrica Achieves Namibia's First Onshore Oil and Gas Production
Canadian oil company ReconAfrica has achieved natural gas production from the Kavango West 1X discov...
Dean Formation in Midland Basin, USA Emerges as New Exploration Hotspot
The Dean Formation in the Midland Basin of West Texas is becoming a new hotspot for oil and gas expl...
India's Reliance Industries increases crude purchases from Russia and Latin America in June quarter
Reliance Industries Limited (RIL) increased its crude oil purchases from Russia and Latin America in...
National Energy Administration: Accelerating the Construction of a New Energy System to Empower AI Development
The 2026 World Artificial Intelligence Conference opened yesterday (17th) in Shanghai. At the sub-fo...
South Korea's 15,000 TEU SMR-Powered Container Ship Design Receives ABS Approval in Principle
The design of a 15,000 TEU small modular reactor (SMR)-powered container ship, jointly developed by ...
Musk Acquires US Mobile Gas Power Company APR Energy for $1 Billion
Elon Musk has completed the acquisition of APR Energy, a developer of mobile natural gas generators,...
Transformer demand surges 274%, South Korea, Brazil, and India invest heavily in capacity expansion
According to data from Wood Mackenzie, demand for large step-up transformers used to connect new pow...
U.S. AI Data Center Demand Drives Reform of Large-Load Power System Compact
The immense power demand of AI data centers is forcing the U.S. power system to reexamine planning m...
US Viridi Lincoln Landfill RNG Project Breaks Ground, Expected to Start Operations in Q1 2027
U.S. renewable natural gas platform Viridi Energy announced that construction has begun on a landfil...
Brazilian Senate Bill Proposes Contracting 7.4 GW of Thermal and Hydro Power, Process May Slow Down
The legislative process of Brazilian Senate Bill No. 5017/2019 (PL) may slow down, as Senator Eduard...
Brazilian Congress Extends Diesel Subsidy of R$1.12 per Liter for 60 Days
The Brazilian Congress has extended the economic subsidy of R$1.12 per liter for diesel producers an...
Russian Study Confirms Feasibility of Combining Fast Reactors and Molten Salt Reactors
A research team from Russia's Mining and Chemical Combine (Gorno Khimicheskii Kombinat, GKhK, locate...
Framatome Acquires Minority Stake in Manoir France
Framatome recently acquired a minority stake in Manoir France, a subsidiary of the UK-based Paralloy...
US-based Stryten Energy to Acquire C&D Trojan in Q3 2026
Stryten Energy LLC (Stryten Energy) has entered into a definitive agreement with C&D Technologies, I...
Vitol Group to Sell US Shale Oil Joint Venture for $2.3 Billion
Vitol Group is in advanced talks to sell its shale oil joint venture VTX Energy Partners LLC to a pr...
Best Buy Adds Solar Sites in New York and California, Generating 6.33 Million kWh Annually
Best Buy is accelerating its goal of achieving net-zero emissions by 2040, covering its operational ...
U.S. Nano Nuclear Energy Joins Virginia Nuclear Energy Consortium to Power Microreactors
U.S. advanced microreactor developer NANO Nuclear Energy has joined the Virginia Nuclear Energy Cons...
Zambian Government Signs 312 MW Constituency Solar Contracts
The Zambian government has signed contracts with five contractor consortia to construct 2 MW solar p...
U.S. Company Plans to Invest Over 1.1 Billion Brazilian Reais in Battery Factory in Brazil and Donate BESS
U.S. company Navvion Energy Storage Systems has donated a BESS (Battery Energy Storage System) to th...
ABB Acquires French Advantics, Expected to Close in Q4 2026
ABB is acquiring Advantics, a French specialist supplier focused on silicon carbide-based energy con...
ENGIE Brasil Raises R$8.36 Billion in Follow-On Offering to Acquire 40% Stake in Jirau Hydropower Plant
ENGIE Brasil Energia has completed a follow-on offering on B3, Brazil's main stock exchange, acquiri...
Portugal seeks Brazilian investors for one to two sustainable fuel plants in July
Portuguese Energy Minister Maria da Graça Carvalho revealed on July 16 that Portugal is seeking to a...
Rolls-Royce Invests $24 Million to Expand Backup Power Capacity in the U.S.
Rolls-Royce has completed a $24 million logistics and production facility in Mankato, Minnesota, to ...
Peru Invests Over $529 Million in Power Generation and Transmission in 2026
The Ministry of Energy and Mines (Minem) of Peru, by promoting private investment, has driven the de...
US TXNM Energy and Blackstone Infrastructure Extend Merger Agreement to 2027
TXNM Energy and Blackstone Infrastructure have extended the terms of their merger agreement, pushing...
Two nationwide blackouts in five days — why Cuba's energy system keeps failing
At noon on July 6, Cuba's national power system experienced a complete blackout, affecting approxima...
Lithuania's BLRT Group Unveils Concept for 800-Ton Green Methanol Bunkering Vessel at Port of Klaipeda
Western Baltic Engineering, part of Lithuania's BLRT Grupp, has unveiled a concept design for a gree...
JDR Delivers Power Umbilical for Corrib Gas Field in Ireland
JDR Cable Systems has delivered a power umbilical for installation at the Corrib gas field, located ...
Nexans Launches Offshore Drilling for Second Italy-Malta Power Interconnector in Malta
Nexans has commenced horizontal directional drilling (HDD) for the offshore section of the second el...