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Oil & Gas Trade
Nigeria Sees Objections to Shell Oil Asset Sale Resolved Soon
Nigeria’s upstream oil regulator found some issues with Shell’s proposed sale of its onshore assets to a consortium of local companies but they shou…
Natural Gas
Big Oil Sees AI Boom Driving ‘Crazy Demand’ for US Natural Gas
A surge in energy demand from technology giants that are rapidly developing cloud computing and artificial intelligence — known as hyperscalers — is becoming …
Oil Price
Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out
Storage tanks at the BP Plc Cherry Point Refinery near Blaine, Washington, U.S., on Friday, Nov. 19, 2021. Total U.S. oil stockpiles, including commercial inven…
Photovoltaic (PV)
Fonrich Successfully Completes Series A Funding of Several Million Dollars — Continuing to Build Safe and Intelligent New Energy Systems
Recently, Fonrich (Shanghai) New Energy Technology Co., Ltd. officially completedSeries A Funding of several million dollars, with Industrial Securities Capital…
Electric Vehicles
Mobile PV-powered EV Charging Stations For Commercial, Industrial Sites
A UK solar car park company, 3ti Energy Hubs, has launched Papilio3, a standardized, portable solar charging station in a carport design with space for twelve e…
Wind Farm
Cathay Financial To Invest Nt$27.32 Billion In Taiwan Wind Farm Development
Cathay Financial Holdings said on Tuesday (Oct. 22) it will invest NT$27.32 billion (US$900 million) in a wind farm project off Changhua County.Taiwan’s g…
Electric Vehicles
Romanian Shipyard VARD Tulcea Builds EUR 320 Mln Cable-laying Vessel For Prysmian
Romanian shipyard VARD Tulcea, part of the world leading shipbuilder Vard Group owned by Fincantieri, will build a EUR 320 million cable-laying vessel for Prysm…
Energy Storage System
Scatec Reaches Financial Close for 103MW BESS In South Africa
Renewable energy provider Scatec has reached financial close for the103MW/412 megawatt hours (MWh) Mogobe battery energy storage system (BESS) facility in South…
Oil & Gas Trade
China’s September Refinery Output Falls for the Sixth Straight Month
China's refinery output fell 5.4% last month versus a year earlier, official data showed on Friday, declining for a sixth consecutive month even with the st…
Battery Recycling
Schneider Electric to Buy Data Centre Cooling Firm Motivair for $850 Million
The logo of Schneider Electric is pictured at the Global Industrie exhibition in Villepinte near Paris, France, March 26, 2024Schneider Electric (SCHN.PA), will…
Photovoltaic (PV)
Sumitomo and CEP Solar JV to Develop 1.5GW Renewable Projects in US
Sumitomo Corporation, via the Sumitomo Corporation of Americas and Perennial Power Holdings, has formed a joint venture (JV) with CEP Solar to deliver clean ene…
Nepal
Nepal, Bhutan Seek Indian Investment for Hydro Power Projects
Nepal and Bhutan are seeking Indian investment to boost their hydroelectric output and export surplus power to New Delhi, officials from the two countries said …
LNG
EU Energy Ministers Discuss Ukraine Energy Crisis, Russian LNG
EU energy ministers met in Luxembourg on Tuesday to discuss the bloc's rising Russian LNG imports, Ukraine's energy shortages ahead of winter and how to…
Hydropower Plant
President Museveni Inaugurates Karuma, Uganda’s Largest Power Plant
Located on the Kyoga Nile RiverPresident Yoweri Museveni has officially inaugurated the Karuma hydropower plant, Uganda’s largest power generation facilit…
Green Hydrogen
Sasol Receives First Power Under Procurement Plan for Hydrogen Production
A 69-megawatt wind power generation project in Bedford, Eastern Cape, has gone online and begun delivery for Sasol Ltd., which has fully contracted the farm&rsq…
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