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Crude Oil
Global Oil Demand is Forecast to Increase by 5.9 million bpd in 2021 Amid Economic Recovery
The US supply forecast was revised up as oil prices trade higher, according to Opec
Wind Turbine Blade
Wind Power: Spanish Company InCom Opens Plant in Morocco, Its First in Africa
The new factory, extending over 3,000 m², required an investment of €1.5 million.
Market Analysis
China on Track to Supplant US as Top Nuclear Energy Purveyor
The paper also pointed out that of the 54 reactors under construction in countries around the world, 20 are related to China or Russia, and 13 are designed by C…
Oil&Gas Drilling
Total Logs Fourth Significant Oil and Gas Discovery Offshore Suriname
Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname.
Natural Gas
Gas Demand Surging Toward Record
Forecasts agree this year may see 6-8% rise to reach around 360 billion cubic meters of fuel.
Solar Power Plant
Solar Takes Lead Role in Latest China Five-Year Plan
China is the largest manufacturer and installer of solar photovoltaic power systems in the world, and the country appears ready to increase its solar installati…
China
China’s 14th Five-Year-Plan
Modern geopolitics means that the 14th Five Year Plan and everything surrounding it will be of profound importance to the world leather industry.
Crude Oil
Sudan, South Sudan Reach Deal to Ramp up Oil Production to 300,000 BPD
South Sudan and Sudan have reached a deal to increase oil production from the current 170,000 barrels per day to 300,000 BPD within the next three years from 20…
CNOOC
Trump Escalates Ban On Holding Chinese Oil Stocks, Delisting May Be Next
The Trump Administration is banning as of November 2021 the holding of shares in any Chinese company defined by the U.S. as having links to the Chinese military…
Hydrogen Project
Partnership to Develop UK’s First Low Carbon Production Hub
The hub is set to receive a total investment of £750m (US$1.02bn).
DNV GL to Rebrand as DNV
Energy consultant and certification body DNV GL is rebranding as DNV on 1st March in a bid to simplify its name.
Hydrogen Project
Uniper Joins UK Hydrogen Taskforce
Uniper has joined the Hydrogen Taskforce, a growing cross-industry coalition that wants to establish 100 hydrogen stations in the UK by 2025 and the UK Governme…
Energy Storage System
LA Company Secures Funding for 14k Distributed Energy Storage Systems
Distributed energy resources company Swell Energy is set to help utilities in three US states to ensure grid reliability by providing them with flexible energy …
Hydropower Plant
Zimbabwe: Lake Mutirikwi 5MW Power Plant Advanced
Plans to build a 5 megawatt mini-hydro power plant at Lake Mutirikwi have gathered momentum with a local firm behind the US$14 million project now awaiting an i…
Crude Oil
OPEC Sees Oil Demand Rise To 95.9 Million Bpd In 2021
Global oil demand is set to rise by 5.9 million barrels per day (bpd) in 2021 from an estimated average demand of 90 million bpd in 2020, OPEC said on Thursday
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