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Electricity generation from natural gas power plants in Texas dipped by 1% over the first nine months of the year, and it could book an annual decline if wind generation lives up to expectations in the final quarter of the year.Reuters’ Gavin Maguire reported, citing LSEG data, that wind and solar generation in Texas rose by 14% over the first nine months of the year, driving a 5% increase in total electricity output in the Electric Reliability Council of Texas area so far this year.The biggest contributor to the 5% increase, which led to a record-high total generation, was solar…

Crude imports from Russia could average about 1.7 million barrels a day in October.Indian refiners are expected to boost oil imports from Russia in the coming months, as trade talks with Washington drag on and discounts widen amid ample supplies.Discounts on Urals crude loading in November are $2-to-$2.50 a barrel to Dated Brent, making it attractive, according to people familiar with the developments. That’s cheaper than discounts of about $1 a barrel in July-to-August, when supplies were tight due to Moscow’s prioritizing local customers.For the current month, ship-tracking data point to an uptick in arrivals. Crude imports from Russia could…

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Exxon is considering a return to Iraq after leaving the country two years ago, Bloomberg reported, citing an unnamed source who said Exxon was interested in developing the massive Majnoon field.The Majnoon field has estimated reserves of 38 billion barrels, which makes it one of the biggest in the world. According to the companies currently involved in work in the field, additional seismic surveys could uncover more reserves at the field.Exxon confirmed the information in general, telling Bloomberg in a statement that “Exxon Mobil is in discussions with the Iraqi Oil Ministry as we routinely look at opportunities to optimize…

US’s doubling of tariffs on many of India’s products has failed to curb the country’s purchase of Russian crude.Ukraine is intensifying strikes on Russian refineries and oil infrastructure, with more than 30 attacks since early August, aimed at weakening Moscow’s ability to finance war against its neighbour.Russia is the world’s third-largest producer and second-biggest exporter of crude oil. Oil and gas revenues represented about 30 percent of its budget in 2024, or largest source of state funds according to the Oxford Institute for Energy Studies.Kyiv’s attacks have so far been “quite effective”, with Russian refinery production rates having “dropped around…

Exxon Mobil Corp. is considering re-entering Iraq after a nearly two-year hiatus by signing agreements that would lay the groundwork to explore the country’s giant Majnoon field.  The Texas oil major plans to sign a heads of agreement with Basra Oil Co. and SOMO, Iraq’s oil marketing company, in the coming days, according to a person familiar with the matter. The deal will include talks over export infrastructure and potential oil marketing projects in the south of the country, said the person, who asked not to be named because the information is private. “Exxon Mobil is in discussions with the…

EQONIC Group a pioneering UK battery technology company, today announced its breakthrough battery technology that addresses the three critical challenges facing energy storage: cost, safety, and sustainability. After years of development, EQONIC has created a next-generation battery system that achieves material costs of just 30% compared to traditional lithium metal batteries, a significant reduction given that materials account for around 60% of total battery production costs. This breakthrough translates to a target manufactured cost of £50/kWh at scale, approximately half the current industry average. Unlike conventional battery technologies that rely on lithium or other materials prone to thermal runaway, EQONIC’s…

Battery Energy Storage Systems (BESS) are increasingly recognized as a promising solution for enhancing the flexibility of power systems, especially in managing the variability of renewable energy sources like solar and wind. Their unique capability to rapidly absorb, store, and discharge electricity makes them highly effective in stabilizing energy supply. BESS has gained significant traction due to its versatility in addressing various challenges within the power grid. Moreover, multiple BESS units can be integrated to function collectively as a Virtual Power Plant (VPP).The article explores the concept of BESS in depth, covering its benefits, practical applications, advantages, system architecture through…

The Government of Canada has announced more than $22 million in funding to support eight projects aimed at accelerating battery innovation and expanding domestic production capacity. The investment, delivered through the Energy Innovation Program (EIP), is part of the federal strategy to strengthen Canada’s clean energy sector and battery supply chain. The announcement was made on Oct. 3 by Tim Hodgson, Minister of Energy and Natural Resources, who emphasized the role of batteries in supporting electric vehicles and integrating renewable energy into the grid. According to the government, global battery demand is expected to increase nearly 150-fold between 2022 and…

All-solid-state lithium batteries, hailed as the “grail” of next-generation energy storage technology, have long faced a challenging problem: maintaining tight contact between the solid electrolyte and the lithium metal electrode.Chinese scientists have developed a self-adaptive interphase in all-solid-state lithium batteries that maintains intimate contact between the lithium metal anode and solid electrolyte without external pressure, a breakthrough that decisively overcomes a major bottleneck toward commercialization.The findings have been published in the journal Nature Sustainability. Traditional methods require constant pressure from bulky external equipment, making the batteries too large and heavy for practical use. The researchers from the Institute of Physics…