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OPEC
OPEC+ is Boosting Oil Production, Ending Dispute that Shook Energy Markets
OPEC+ agreed to increase oil production Sunday, as demand roars back and prices surge, ending a dispute between the United Arab Emirates and Saudi Arabia.
Geothermal Power Plant
Ayala Land Unit Eyes Geothermal Power for Green Energy Option – DoE
AYALA Land, Inc. subsidiary DirectPower Services, Inc. will be largely sourcing 360 MW of clean power from geothermal facilities for the government’s green ene…
Electricity Trade
Uganda: Govt Reduces Power Tariffs for Three Months
The Electricity Regulatory Authority has reduced power tariffs for July until September across different consumer categories.
Nuclear Power Plant
Linglong One: First Concrete Tank of the Nuclear Island Raft Foundation was Successfully Poured
SMR demonstration project will enable the implementation and verification of SMR technology.
Nuclear Power Plant
Steel Lining Module of Changjiang Nuclear Power Unit 3 was Successfully Hoisted
The first “Hualong One” unit undertaken by China Nuclear Industry 22ND Construction CO., LTD.
United States
Texas Oil Cos in $370MM Merger Deal
Penn Virginia Corporation has revealed that it has entered into a definitive merger agreement with Lonestar Resources US Inc. to acquire the company in an all-s…
Oil&Gas Drilling
UK Oil & Gas Investments Basur-3 field in Turkey: Influence On The Growth Of Stock Prices?
UK Oil and Gas shares have been growing for six months.
Energy Storage Project
New York PSC Approves 174 Power Global’s East River Energy Storage Project
Con Edison’s initiatives to procure more energy storage projects complement New York State’s public policy goals to generate 100% electricity from zero-carbon…
Nuclear Power Plant
Japan Mulls Extending Maximum Nuclear Reactor Lifespan Beyond 60 Years
Japan is considering extending the maximum service period for its nuclear reactors beyond 60 years due to anticipated public opposition to the construction of n…
Wind Power Project
El Salvador’s First Wind Project Reaches Successful Commercial Operation
Tracia Network Corporation has successfully commissioned the Ventus Wind Project, El Salvador’s first wind farm, with the support of ArcVera Renewables' techni…
Electric Vehicle Battery
GM to Source U.S.-Based Lithium for Next-Generation EV Batteries Through Closed-Loop Process with Low Carbon Emissions
Through an agreement with Controlled Thermal Resources, lithium will be sourced in part from California from a more environmentally friendly process than tradit…
Coal-Fired Power Plants
Serbian Government Sets up Council for Energy Sector Decarbonization
The Government of Serbia has established a council tasked with giving proposals and opinions regarding the operation of coal-fired power plants and replacement …
Hydrogen Project
Plug Power, Apex Clean Energy Set to Develop the Largest Wind-Supplied Hydrogen Project in the US
Plug Power and Apex Clean Energy have announced today a 345MW wind power purchase agreement (PPA) and a development services agreement for a green hydrogen prod…
Oil Price
Oil Prices Drop After Saudi-UAE Reach Output Compromise
The deal between the two Gulf producers means that members of the Petroleum Exporting Countries (OPEC), Russia and other producers, a group known as OPEC+, will…
Energy Storage System
Waaree Energy Storage System Announces Partnership with Zypp Electric
Waaree Energy Storage System has partnered with Zypp Electric to supply lithium batteries to strengthen the latter's two-wheeler category.
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