Europe faces rising costs and regulatory delays as it struggles to meet its offshore wind targets, with industry leaders urging improvements to meet the region’s renewable energy goals.
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In the News
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Federal regulators approved a 3-year extension for Golden Pass LNG plant as Exxon and Qatar Energy address delays due to contractor bankruptcy
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South Africa’s renewable energy registrations surged by 2 GW in Q3 2024, indicating a shift from loadshedding concerns to the economic and sustainability benefits of renewables.
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Energy TransitionIn the NewsMarketsOil & Gas
US Crude Stockpiles Surge as Imports Rise, Refineries Ramp Up
KEY POINTS • U.S. crude inventories increased by 5.5 million barrels, driven by higher imports.• Gasoline stocks rose unexpectedly by 900,000 barrels as refineries ramped up production.• Distillate stockpiles fell …
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Harbour Energy is selling North Sea oilfield stakes and reviving plans for a U.S. listing as UK tax hikes impact investments.
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The City of Tshwane invites bids for the supply, delivery, and installation of photovoltaic streetlight luminaires for safer, off-grid public road lighting
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Zimbabwe connects over 1,000 rural institutions to electricity, boosting healthcare and aligning with its 2030 modernization goals
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Panoro Energy has reported its highest-ever quarterly oil production from its offshore operations in Gabon, driven by increased output from the Dussafu Marin permit.
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Russia is planning ship-to-ship LNG transfers to free up ice-class tankers for Novatek’s Arctic LNG 2 project, ensuring steady exports amid Western sanctions.
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Constellation Energy plans to restart the Three Mile Island nuclear plant to supply Microsoft’s data centers, facing regulatory challenges and local opposition.