Oil & Gas News (OGN)

Tag: renewables

Energy, Oil & Gas

Renewables account for nearly 38pc of OECD electricity output in February: IEA

Mon, 18 May 2026

OECD net electricity generation reached 920.8 TWh in February 2026, up 0.8 per cent year-on-year. Fossil fuels supplied 45.4 per cent of output despite declining 4.7 per cent, while renewables contributed 37.8 per cent and nuclear power accounted for 15.7 per cent of generation. ...

Energy, Oil & Gas

US breaks energy production record in 2025 with 3.4pc increase: EIA

Wed, 13 May 2026

Total energy production in the US increased to a new record of 107 quadrillion British thermal units (quads) in 2025, a 3.4 per cent increase from the previous record set in 2024, according to new data in the US Energy Information Administration (EIA) Monthly Energy Review....

Energy, Oil & Gas

Mubadala invests in Hornsea 3 offshore wind farm

Tue, 12 May 2026

Mubadala Investment Company today announced a $325 million investment in Ørsted’s Hornsea 3, which, once completed, will be the world’s single largest offshore wind farm, located off the Norfolk coast in the United Kingdom....

Energy, Oil & Gas

24/7 renewables now cheaper than fossil fuels: Irena

Wed, 06 May 2026

According to the International Renewable Energy Agency, solar and wind paired with battery storage provide reliable, cost-effective 24/7 electricity. In prime regions, hybrid renewable systems deliver continuous power at lower costs than fossil fuels....

Energy, Oil & Gas

Solar surge as clean power growth tops rise in global power demand

Mon, 27 Apr 2026

Solar has become the leading source of new electricity generation, supported by battery storage that is beginning to provide system flexibility at scale, says the latest Global Electricity Review from Ember....

Energy, Oil & Gas

China power capacity climbs as renewables expand

Sun, 26 Apr 2026

China’s installed power capacity reached 3.96 billion kW by March 2026, up 15.5 per cent year on year, driven by rapid renewable growth, with solar capacity jumping 31.3 per cent and wind rising 22.4 per cent....

Energy, Oil & Gas

Irena calls for renewables-focused action to address energy crisis

Mon, 13 Apr 2026

An Irena brief says renewables are improving energy security during the crisis by reducing fossil fuel dependence, with record capacity growth, falling costs, and battery-backed wind and solar delivering cheaper, more resilient 24/7 power....

Energy, Oil & Gas

TotalEnergies, Masdar partner on $2.2bn JV to scale renewables in Asia

Thu, 02 Apr 2026

TotalEnergies and Masdar will form a $2.2 billion 50/50 joint venture merging onshore renewables across nine Asian countries, combining assets to reach 3 GW operational capacity and 6 GW in development by 2030....

Energy, Oil & Gas

47pc of EU’s electricity came from renewables in 2025

Wed, 25 Mar 2026

In 2025, 47.3 per cent of the electricity generated in the European Union (EU) came from renewable energy sources. This represents a slight increase from 2024, when the share was 47.2 per cent....

Energy, Oil & Gas

IEA calls for urgent grid expansion to meet surging electricity demand

Sat, 07 Feb 2026

Global power demand is set to grow by more than 3.5% per year on average over the rest of this decade, with electricity generation from renewables, natural gas and nuclear all expanding to keep pace, according to a new International Energy Agency (IEA) report. ...

Energy, Oil & Gas

Renewables jobs see first slowdown amid global deployment growth

Sun, 11 Jan 2026

Global renewable energy jobs rose just 2.3% to 16.6 million in 2024 despite record installations, according to IRENA and ILO, which cite geopolitical and geoeconomic tensions and growing automation as key factors limiting workforce growth....

Energy, Oil & Gas

EU renewables in electricity generation up 4pc in Q3 2025: Eurostat

Sun, 14 Dec 2025

In the third quarter of 2025, 49.3 per cent of net electricity generated in the European Union (EU) came from renewable energy sources, an increase of 3.8 per cent compared with the 47.5 per cent registered in the same quarter of 2024, according to figures by Eurostat, the statistical office of the EU....

Energy, Oil & Gas

OQ Alternative Energy starts new phase in Oman’s renewables

Thu, 13 Nov 2025

OQ Alternative Energy (OQAE)- a subsidiary of OQ - has confirmed the arrival of the first batch of wind turbines for the Riyah 1 and Riyah 2 wind farms .Developed in partnership with TotalEnergies, the two projects will feature a combined total of 36 turbines with a total generation capacity of 200 MW of clean electricity produced from wind power....

Energy, Oil & Gas

Abu Dhabi starts work on world’s first gigascale round-the-clock renewable project

Fri, 24 Oct 2025

Ground-breaking for the world’s largest renewable energy project integrating solar power and battery storage was carried out on Thursday in Abu Dhabi. The project is capable of delivering 1 gigawatt (GW) of baseload renewable energy around the clock. ...