Mechanical, Production & Manufacturing

Australia’s largest hydropower project pushed back two years

Snowy Hydro, the Australian government-owned company behind the country's largest pumped hydro project, has deferred the facility's opening to December 2028.  The Snowy 2.0 pumped storage hydro project in the Snowy Mountains of New South Wales is expected to generate 2GW of renewable energy, and provide about 350,000MWh of large-scale…
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Calls for ‘loophole’ to be closed as BP bags £500m of profits beyond expectations

BP announced that it made just under $5bn ($4.96bn; £4bn) in underlying replacement cost profit between January and March of this year, citing a strong performance in its oil trading business. The profit is actually a reduction from last year's gargantuan take, when BP's business benefitted from extremely high energy…
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