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Global Lithium Sector Eyes Argentina’s Salt Flats on Tech Test Run

(Reuters) – In a dusty plain in northern Argentina’s mountains, black tubes stretching two stories high fill a massive tank with salty brine sucked from deep below ground. The brine contains lithium, a silvery white metal essential for making electric vehicle batteries and in high demand as the world shifts to green energy. French miner …

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British Renewable Industry Pushes New Govt to Increase Auction Budget

  (Reuters) – Britain’s renewables industry has called on the new Labour government to increase the country’s renewable auction budget by hundreds of millions of pounds to help meet its offshore wind target and wider goal to decarbonise the power grid. Labour swept to victory in Britain’s election last week and the party has pledged to …

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Shell and BP Among Big Firms Taking Stakes in Adnoc’s LNG Plant

Shell, Total, BP and Mitsui will each take 10% stake Ruwais will raise the UAE’s export capacity to 15.4m tons/year Four international companies have agreed to invest in Abu Dhabi National Oil Co.’s next liquefied natural gas export project, according to people with knowledge of the matter. Shell Plc, TotalEnergies SE, BP Plc and Mitsui & Co. will each take a …

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China’s Rapid Renewables Rollout Hits Grid Limits

Electrical pylons and power lines are seen in Yanqing district of Beijing, China December 17, 2021. REUTERS/Tingshu Wang/File Photo By John Kemp (Reuters) – China’s record-breaking deployment of wind and solar capacity has worsened regional power imbalances, forcing the country to idle increasing amounts of renewable generation when it overwhelms local consumption. New government regulations aim …

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Years-long wait for permits blocking European wind farms, industry says

Wind turbines are seen in a windfarm near Radenac in Brittany, France, October 3, 2017. REUTERS/Stephane Mahe/File Photo By Kate Abnett BRUSSELS, July 5 (Reuters) – Hundreds of gigawatts of wind energy projects are waiting for permits to connect to Europe’s power grid, a backlog that threatens to slow the shift to green energy, industry association …

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Australia Runs the Risk of Gas Shortfall by 2027, Watchdog Says

East coast markets face challenge, independent inquiry says Report calls for increase in domestic production and supplies Australia, one of the world’s largest liquefied natural gas shippers, faces a shortage within a little more than two years, according to an independent inquiry, which urged a boost to production to meet the challenge of rising demand. …

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Aramco and Adnoc Are Considering Bids for Gas Producer Santos

Company has received multiple takeover offers in recent years It has operations in Australia, Papua New Guinea, Alaska Saudi Aramco and Abu Dhabi National Oil Co. have been separately studying potential bids for Santos Ltd., people with knowledge of the matter said, becoming the latest companies to show an interest in the Australian producer’s liquefied natural gas assets. The …

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German Industry Turns to Solar in Race to Cut Energy Costs

Summary Industrial, commercial solar installations up 81% in early 2024 Energy savings and future price stability are key incentives Large rooftop solar subsidies tender bids up 107% y/y (Reuters) – For months, Philip Matthias tried to convince his father to install solar panels on their company’s roof in the eastern German state of Thuringia, aiming …

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Venezuela’s Maduro Accepts Proposal to Restart Direct U.S. Talks

Venezuelan President Nicolas Maduro said on Monday that he has accepted a proposal to restart direct talks with the United States. “After thinking about it, I have accepted and next Wednesday the talks will restart with the United States government to comply with the agreements signed in Qatar and to reestablish the terms of the …

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