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LNG
Vires Energy Obtains Nod to Proceed with LNG Hub
The Department of Energy said over the weekend it approved the application of Vires Energy Corp., controlled by A Brown Company Inc., to proceed with its propos…
Oil Refinery
Duqm Refinery Project Marks 80% Progress
Duqm Refinery and Petrochemical Industries Company has announced that the progress in Duqm refinery project exceeded 80 per cent by end of March and increase fr…
Microgrid
Saudi Arabia’s Desert Technologies To Fund Solar Projects In Nigeria
Despite being the leading economy on the African continent in terms of GDP, the installed electrical capacity in Nigeria does not exceed 12,522 MW, as only 36 p…
Offshore Wind Power
Zimbabwe Plans to Produce 100 MW from Wind Energy
Government is mobilising additional funds to undertake an assessment on possible sites for wind farms after initial bids for the project markedly exceeded the b…
Natural Gas
Santos Takes FID on $3.6bn Barossa Gas Project
Australian energy giant Santos has taken a final investment decision to proceed with Barossa, the $3.6 billion gas and condensate project, located offshore Aust…
Oil Price
Oil Slides Toward $60 Ahead of OPEC+ Meeting to Boost Global Supply
Crude oil prices have weakened on Tuesday as OPEC and its allies are expected to decide how to proceed with the collective production cuts from April onwards.
Market Analysis
Global Nuclear Power Share to Rise 15pc by 2030
The capacity of nuclear power worldwide of around 400,000 MW , meeting 10% of global electricity generation, is forecast to exceed 500,000 MW by 2030.
Thermal Plant
Wärtsilä Proceeds with €100m Colombian Power Plant Despite COVID-19
Finnish energy generation equipment company Wärtsilä has announced that it is proceeding with the construction of a 200MW flexible baseload power plant in Col…
Tidal Energy
Global Wave And Tidal Capacity Hits 60MW
Project investments exceeded €45m in 2020 mainly in Europe, says Ocean Energy Europe
Hydrogen Production
Korea Midland Power Succeeds in Producing Green Hydrogen from Wind Power
The state-run power company is taking part in various renewable energy R&D projects.
China
Chinese Company Contracted to Work on Tianwan 7&8
The two units, with VVER-1200 reactors, are being built by Rosatom, which said work on unit 7 should begin in May 2021, and on unit 8 in March 2022.
Hybrid Power Plant
Global Energy Storage Installations to Exceed 10GW in 2021
According to a new report released by research firm IHS Markit, the global market for energy storage will more than double in 2021 from the 2020 level.
United States
Renewables on Track to Exceed 30% of U.S. Capacity by 2025
According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission, renewable energy sources strongly dominated new…
Power Construction
Belgium, Denmark Study Energy Island Link
TSOs Elia and Energinet will carry out the analysis and conclude whether to proceed further in 2022
Offshore Wind Power
Saipem Awarded French Offshore Wind Contract
The contract is subject to a Notice To Proceed, which is contingent upon EODC making a positive final investment decision.
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