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Nuclear Power Plant
S. Korea Likely to Return to Nuclear Power Generation Under New Govt.
South Korea is likely to make a U-turn from its yearslong nuclear phase-out drive as President-elect Yoon Suk-yeol has vowed to scrap the policy and make the co…
Wind Turbine
Danish Wind Turbine Giant Vestas to Suspend Work on Four Projects in Russia
Danish wind turbine manufacturing giant Vestas will suspend work on four Russian wind projects in response to Russia’s invasion of Ukraine. Vestas will also su…
Crude Oil
US Shale Investors Worry over Impact of Output Jump
US shale oil investors are concerned that quickly ramping up production to capture soaring crude prices could upset confidence in the steady growth business mod…
Nuclear Power Plant
IAEA Concern over Situation at Chernobyl
IAEA says that reported power loss at Chernobyl violates one of its seven key 'safety pillars' but "in this case sees no critical impact on safety"
Oil Exploration
Opportunities Still Exist in Kenya’s Oil, Gas Sector
Last week Kenya announced for sale 35 oil and gas exploration blocks mostly in the natural gas prone coastal Lamu Basin. This is an indication of revived upstre…
Oil Exploration
Oil and Gas Exploration is on The Rise In Africa
Increasing exploration activities in 2022 and onwards is a top priority for African hydrocarbon producers as they seek to expand production and establish the co…
Hydrogen Project
Asia Is Amongst ‘Most Attractive’ Region for Green Hydrogen Development
Asia, along with Europe, is amongst the most attractive region in terms of developing green hydrogen, Fitch Solutions reported.
Saudi Arabia
Saudi Arabia Signs Power Purchase Agreements for Solar Projects Worth $665m
Saudi Arabia has awarded contracts for two new solar projects with a combined capacity of one gigawatt as the kingdom continues to add renewable energy to its…
Coal Price
Coal Use Rises, Prices Soar as War Impacts Energy Markets
The war in Ukraine is having a global impact on energy prices, not only driving the cost of oil higher, but also sending coal prices to record levels as demand …
Nuclear Reactor
Indian Test Reactor Reaches Operation Landmark
India's fast breeder test reactor (FBTR) has reached its full 40 MWt design power level for the first time, more than 35 years since it first started operating.…
Offshore Wind Power
Marine Contractors to Support Three Japanese Offshore Wind Projects
Kajima Corporation and Van Oord have been selected as preferred balance of plant contractors for three Japanese offshore wind farms, with a total capacity of 1.…
Nuclear Power Plant
‘Strong’ Nuclear Growth in Japan Seen in Next Two Year
A “strong growth” is expected in Japan’s nuclear power over 2022 and 2023 as nuclear power plants that have been suspended resume operations, Fitch Solutions…
Electric Car
Electric Vehicle Manufacturer Lucid to Build KSA Factory
Construction of electric vehicle manufacturer Lucid's production facility to begin in KSA in the first half of 2022.
Hydrogen Technology
UAE and Austria Sign Pact to Deepen Partnership in Hydrogen Technology Development
Deal builds on Comprehensive Strategic Partnership signed by the two countries last July
Oil Field
Adnoc Awards $227m Contract for Enhanced Recovery at Bab Oilfield
The deal will help to boost recoverable reserves by up to 70% and will unlock additional barrels of Murban crude
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