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Crude Oil
Talos Continues Talks With Pemex Over Massive Shared Oil Discovery Off Mexico
Talos Energy, leading a consortium of foreign oil companies, discovered the large Zama oil deposit in 2015.
Crude Oil
UAE Projects a Gradual Oil Demand Recovery in 2021
The United Arab Emirates is optimistic about a recovery in oil demand in 2021, but says it won’t be immediate.
Nuclear Policy
Adequate Uranium to Meet Demand, Latest Red Book Concludes
However, the impact of the ongoing COVID-19 pandemic on the industry and recent reductions in uranium production and exploration could affect available supplies…
Crude Oil
Rystad Expects 2021 to Bring Largest Crude Deficits in Years
The Covid-19 pandemic has devastated crude and condensate demand in 2020, creating massive supply surpluses and filling up inventories, causing producers to sla…
Personnel Appointment
Ramaphosa Appoints Climate Change Coordinating Commission
President Cyril Ramaphosa has appointed members of the inaugural Presidential Climate Change Coordinating Commission with effect from 17 December 2020.
Gas turbine engine
Mitsubishi Power Wins Gas Turbine Supply Contract from Capital Power
Mitsubishi Power has won a contract from North American power producer Capital Power for the supply of two M501JAC gas turbines.
Oil&Gas Drilling
Equatorial Guinea Makes Advances on 100-Day Mining and Petroleum Milestones
The Ministry of Mines and Hydrocarbons shows progress in gas development and mining exploration. Published by Africa Oil & Power for the MMH.
Hydropower Plant
ABD Approves Loan for New Hydropower Construction in India
A $231 million loan from the Asian Development Bank will be used to construct the Lower Kopili Hydroelectric power plant in Central Assam, India.
Nuclear Power Plant
Belarus Unit Starts Pilot Operation
Unit 1 of the first nuclear power plant to be built in Belarus started pilot operation yesterday, Russia's Rosatom has announced.
Substation
Plans to Commission Belarus' First 330kV Digital Power Substation in 2021
The country's first 330kV digital power substation will be commissioned after reconstruction in 2021, BelTA learned from Belarusian Energy Minister Viktor Karan…
Crude Oil
Russia’s Crude Oil Exports Drop 10% In January-October
Due to lower demand and the OPEC+ deal, Russia’s crude oil exports declined by 10.4 percent in volume year over year in January to October, data from the Russi…
Energy Storage Project
Hannon Armstrong Invests in 1.6-GW Wind-Solar-Storage Portfolio
Hannon Armstrong Sustainable Infrastructure Capital Inc has committed to invest about USD 663 million in a large renewable energy portfolio developed by Clearwa…
Offshore Wind Power
Taiwan Plans 8% Cut in Offshore Wind Tariff
EXCLUSIVE: Draft proposal from Ministry of Economic Affairs would set PPA price at NT$4656.8/MWh in 2021
Wind Farm
Vestas Lands 138MW US Repowering Contract
Vestas has received a 138MW order to repower an undisclosed wind project in the US.
Oil&Gas Drilling
Pacific Drilling to Emerge from Bankruptcy by Year-End
Offshore drilling contractor Pacific Drilling expects to emerge from Chapter 11 bankruptcy by year-end following the confirmation of its prearranged plan of reo…
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