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Oil Price
Several Countries Extend Oil Output Cuts to Boost Prices Amid Economic Uncertainty
The OPEC+ alliance on October 5, 2022, decided to sharply cut production to support sagging oil prices. © Michael Probest, APThe plan to extend cuts to mid…
Carbon Emissions
China Needs 10 Times Its Photovoltaic and Wind Energy to Eliminate Its CO2 Emissions
According to a simulation model, almost 6 terawatts of renewable energy will be needed for the country to reach that goal in 2060.80 percent of solar PV and 55 …
Renewable Energy
NSW renewable energy projects get green light
The New South Wales Government said it is on track to deliver enough renewable energy to power more than 1.5 million homes following approvals for multiple wind…
Oil Exploration
FG Eyes 2.5 Million Barrels Daily Oil Production
Brent, the global benchmark for crude oil, witnessed a rise in price in the past three days, crossing $84/barrel on Friday, after trading for an average of $80/…
LNG
Philippines' Top Energy Firms Partner for $3.3 Bln LNG Facility
Three top Philippine energy firms have partnered for the first time to form a large-scale integrated liquefied natural gas (LNG) facility, the companies said on…
Distributed Grid
Ukraine Will Not Import Electricity on Sunday, Expects Higher Exports, Ministry Says
A general view shows the facilities of a mobile gas turbine generator, which was turned on due to recent power outages after pylons carrying electricity were bl…
Oil & Gas Trade
Iran to Reach 1.3 Bcm of Gas Output a Day in Five Years, Minister Says
Iran's gas output will reach 1.3 billion cubic metres (bcm) per day in five years, Iran's Oil Minister Javad Owji said on Sunday according to the semi-o…
Hydropower Plant
Fourth Turbine-Generator Unit of Uch-Kurgan HPP to Be Repaired in 2024
The turbine-generator unit #4 of the Uch-Kurgan hydropower plant will be sent for repair since March 5 as part of rehabilitation of the plant, the Ministry of E…
Nuclear Power Plant (NPP)
Fourth Barakah Unit Starts Up
The Emirates Nuclear Energy Corporation has announced the successful start-up by its operating and maintenance subsidiary Nawah Energy Company of the fourth uni…
Photovoltaic (PV)
Alter Enersun Develops 1,000 MW of Photovoltaic and Wind Power to Supply the Grid and Hydrogen Projects in Huelva
Alter Enersun develops 1000 MW of photovoltaic and wind energy to supply the grid and hydrogen projects in HuelvaThe projects will provide renewable energy on a…
Geothermal Power Project
Fervo Energy Raises $244 Million to Fund Next-Generation Geothermal Initiative
Cape Station in Beaver County, Utah, the location of Fervo Energy's planned 400-MW geothermal project (source: Business Wire)Fervo Energy has raised $244 mi…
Geothermal Power Plant
New Zealand, Taiwan Commit to Cooperate for Geothermal Development
Cooperation discussion between New Zealand's GNS Science and NZTE and Taiwan's National Cheng Kung University (source: GNS Science)New Zealand-based res…
Geothermal Power Plant
Appi Geothermal Power Plant in Iwate, Japan Starts Commercial Operations
The Appi Geothermal Power Plant in Hachimantai National Forest, Hachimantai-city, Iwate, Japan (source: Mitsubishi Materials Corporation)The 14.9-MW Appi Geothe…
Carbon Emissions
Global Energy-Related CO2 Emissions Hit Record High in 2023 - IEA
Global energy-related emissions of carbon dioxide (CO2) hit a record high last year, driven partly by increased fossil fuel use in countries where droughts hamp…
Oil Price
Oil Climbs 2%, Notches Weekly Gains Ahead of OPEC+ Decision
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Lic…
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