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SLB Announces Second-Quarter 2024 Results

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Revenue of $9.14 billion increased 5% sequentially and 13% year on year GAAP EPS of $0.77 increased 4% sequentially and 7% year on year EPS, excluding charges and credits, of $0.85 increased 13% sequentially and 18% year on year Net income attributable to SLB of $1.11 billion increased 4% sequentially and 8% year on year … Continued

Retrofitting low-income homes a $17bn boon

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Friday, 19 July 2024 Australia’s economy would be up to $17 billion bigger with an accelerated rollout of thermal efficiency upgrades, electrification and rooftop solar to low-income housing, according to a new Deloitte Access Economics report. ACOSS and the State and Territory Councils of Social Service (the COSS Network) have used the Deloitte report to call … Continued

Media Release: Farmers, electricians, environmental and climate advocacy groups unite in need for investment in grid upgrades

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Friday 19th of July    Investing in our grid is a priority for Australia, says a coalition of organisations representing farming families, electricians, regional communities and environmental and climate advocacy groups.    The Alliance was announced today as the Energy and Climate Change Ministerial Council met in Melbourne.    Members of the Alliance support urgent … Continued

ARENA funds green oxygen trial for wastewater treatment

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The Australian Renewable Energy Agency (ARENA) has committed up to $3 million in funding to the Barwon Region Water Corporation (Barwon Water) for the Green Oxygen for Wastewater Treatment project.   Barwon Water aims to investigate the use of pure oxygen produced as a byproduct of electrolysis to treat water more efficiently at its Northern Water … Continued

Pacific Green Achieves Planning Consent for its Limestone Coast, South Australia, 1.5GWh Battery Energy Parks

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Melbourne / 17 July, 2024 / Pacific Green, a global battery energy storage company, has achieved planning consent from the South Australian Government for its first two grid-scale battery energy parks in the Limestone Coast region of South Australia. The Limestone Coast Energy Park assets will consist of a 0.5GW / 1.5GWh battery energy storage system developed and … Continued

Ras Al-Khair Special Economic Zone Lures Investment with International Partnerships in Maritime Industry and Offshore Cluster

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The new special economic zone offers the MENA region’s largest shipyard and a significant maritime hub, backed by the Saudi government and major industry players Aramco, Lamprell, Bahri, and Hyundai Heavy Industries. RIYADH, Saudi Arabia–BUSINESS WIRE– The Ras al-Khair Special Economic Zone (SEZ) leverages partnerships with major maritime players and has secured backing from the … Continued

Zayed Sustainability Prize Demonstrates Global Reach and Impact with over 5,900 Submissions

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US $5.9 million Prize attracts submissions from 156 countries High number of entries leverage advanced technologies like artificial intelligence and blockchain to address pressing sustainability challenges Since 2008, the Prize has transformed the lives of over 384 million people ABU DHABI, United Arab Emirates–BUSINESS WIRE– The Zayed Sustainability Prize, the UAE’s pioneering global award for … Continued

Energy transmission delays are costing Australians

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We need to stick to the plan – delays to transmission builds are  costing Australians A new report by Nexa Advisory reveals that delays in building energy transmission infrastructure will lead to higher electricity bills for both households and businesses, compromise energy reliability and jeopardise emissions reduction targets.   CEO of Nexa Advisory, Stephanie Bashir, said: … Continued