Ørsted And Skovgaard For Large-Scale Hydrogen Facility
Ørsted and Skovgaard Energy, a Danish renewable energy developer, have signed a letter of intent to jointly develop a Power-to-X facility in Denmark with what the companies consider to be one of the country’s...
IEA Forecasts Renewables To Overtake Coal Within Five Years
The global energy crisis is driving a sharp acceleration in installations of renewable power, with total capacity growth worldwide set to almost double in the next five years, overtaking coal as the largest source...
Hoerbiger Breaks Ground On New Compressor Manufacturing Plant In China
Hoerbiger broke ground on a new manufacturing plant in Changzhou, China. The facility has expected completion by the end of 2023 and will serve as the headquarters for Hoerbiger China’s compression division and its...
GM And BrightDrop Open Canada’s First EV Plant
General Motors (GM) and BrightDrop were joined by Prime Minister Justin Trudeau and Ontario Premier Doug Ford in Ingersoll, Ontario, Canada, for the opening of Canada's first full-scale electric vehicle (EV) manufacturing plant. With investment...
Washington To Limit Methane Leaks On Public Lands
The US Department of the Interior has proposed new rules aimed at limiting methane leaks from oil and gas drilling on federal and tribal lands. It would place monthly limits on flaring and require...
Caterpillar Demos Battery Electric Mining Truck
Caterpillar announced a successful demonstration of its first battery electric 793 large mining truck and a significant investment to transform its Arizona-based proving ground into a sustainable testing and validation hub of the future. The company...
US Treasury Green Lights Chevron To Resume Venezuelan Oil Production
On November 26,2022, the Unitary Platform and the Maduro regime announced the resumption of talks in Mexico City; a humanitarian agreement focused on education, health, food security, flood response, and electricity programs that will...
Enel To Build Solar PV Cell And Panel Manufacturing Facility In The United States
Enel North America (Enel), through its affiliate 3Sun USA LLC (3Sun) announced its intention to build an industrial-scale production facility in the United States for the manufacturing of American-made photovoltaic (PV) modules. The proposed facility...
Chevron Grows Its CNG And RNG Network, Targets Gulf Coast Hydrogen Investment
In September 2021, Chevron and Mercuria Energy Trading (Mercuria) formed a joint venture (JV) called Beyond6 with the goal to develop a compressed natural gas (CNG) network supplied with renewable natural gas (RNG). The...
Siemens Energy’s Wind Woes
Since spinning off from Siemens Group in 2020, Siemens Energy has struggled to make consistent profits. However, the challenges have nothing to do with its core Gas and Power (GP) business.
Siemens Energy owns 67%...
