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Oil Price
Oil Prices Projected To Hit $125 In 2022
In a new report from JP Morgan, analysts are predicting $125 oil next year and $150 oil in 2023
Natural Gas
Sound Energy Enters Gas Sales Agreement for Morocco’s Phase 2 Tendrara Development
The agreement covers the sale of natural gas from the Tendrara Concession in Eastern Morocco over a 10-year period.
Solar Power Plant
Germany Deployed 4.42 GW of PV in First Ten Months of 2021
The country’s cumulative installed solar PV capacity has now reached 56.9 GW.
Power Construction
Turkey Receives Funding for Grid Modernisation
The European Bank for Reconstruction and Development approved a $110mn loan to Turkish distributor Enerjisa Enerji to modernise the network.
Oil Field
Aramco Awards Contracts Worth $10bn to Develop Giant Jafurah Gas Field
The company plans to invest more than $100bn to develop the field that will make Saudi Arabia one of the world’s largest natural gas producers
Wind Power Project
Lekela Starts Operation of 250-MW Wind Farm in Egypt
Lekela, an Africa-focused renewable energy company, has launched the commercial operation of a 250-MW wind park on the shores of the Gulf of Suez in Egypt which…
Nuclear Power Plant
ENSREG Sees Significant Progress at Belarus Nuclear Plant
The plenary meeting of the European Nuclear Safety Regulators Group on 24 November approved the “EU Peer Review Report Implementation of Belarusian Stress Test…
Solar Power Plant
ITI Limited Installs 100 KW Captive Rooftop Solar Power Plant in Lucknow, Uttar Pradesh
ITI Limited inaugurated a 100 KW capacity captive rooftop solar power plant in Lucknow, Uttar Pradesh on November 16, 2021.
Electricity Transmission
Resurgent Power to Buy India's Transmission Line Project
Singapore-based Resurgent Power Ventures Pte Ltd has been nominated to acquire 100 percent stake in India's transmission power line project.
Energy Storage Project
Long Duration Energy Storage Needs to be Scaled up Drastically
The Long Duration Energy Storage Council has released a report which found that this type of storage needs to be scaled up 1.5 – 2.5TW by 2040, approximately 4…
United States
More Gulf of Mexico Work for Seadrill Rigs
While working to emerge from Chapter 11, offshore drilling contractor Seadrill has secured more work for its rigs in the U.S. Gulf of Mexico and added about $0.…
Cooperation case
China, Africa Further Cement ties
Xi announces additional 1 bln vaccine doses to continent; vows joint green development
Offshore Wind Power
Acciona Energia Makes 850MW Brazilian Wind Play
Spanish company buying the Sento Se 1 and 2 projects from Casa dos Ventos for an undisclosed price
Crude Oil
U.S. Strategic Oil Reserves Could Fall By 50% Over The Next Decade
The U.S. strategic petroleum reserve could drop by 304 million barrels over the next 10 years according to the EIA
Solar Company
JinkoSolar’s Tiger Neo: The Highest Efficiency Bifacial Module in the “True” Sense
Despite the popularity of bifacial modules in utility-scale solar projects, developers are still not satisfied with the promise of PERC bifacial’s higher energ…
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