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Oil Price
Brent Oil ‘Scarcity Premium’ Widens as $100 a Barrel Forecast
The scarcity premium embedded in the structure of Brent crude oil futures has widened to the most since 2013 this week, a sign of the tight market underpinning …
Electricity Trade
Power Exchange in Montenegro to Become Operational in H2 2022
Montenegrin power exchange operator Berza Električne Energije, the European Power Exchange – EPEX SPOT, and Slovenian power exchange BSP SouthPool have signed…
Energy Storage System
BURKINA FASO: PPPs for the Deployment of Green Energy Storage Systems
In Burkina Faso, the government intends to accelerate the deployment of battery-based electricity storage systems in the coming years.
Wind Power Project
Turkey Gets 9.22 percent of Power from Wind Energy in 1H2021
Turkey obtained 9.22 percent of its electricity consumption from wind energy in the first half of 2021, Turkish Wind Energy Association Chairperson Ebru Arici t…
Oil Field
Iran Needs $11 Billion To Develop Oil Fields Along The Iraqi Border
Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported, citing the new head of the National Iranian…
Nuclear Power Plant
TVEL Manufactures Trial Nuclear Fuel Assembly for the First Land-Based SMR Plant with RITM-200 Reactor
The plant's installed electrical capacity will amount to at least 55 MW, while the service life of irreplaceable equipment will last for about 60 years.
Gas power plant
Ireland: Boost for Grid as Huntstown Power Station Resumes Operations
Eirgrid has confirmed that the Huntstown power station in Dublin is back in operation this weekend feeding electricity into the national grid.
Oil and Gas Equipment
Largest North China Gas Storage Facility Starts up
China's state-controlled Sinopec's Wei11 gas storage facility commenced operations on 18 October, marking the completion of the largest group of underground gas…
Nuclear Reactor
Privatisation to 'Make Possible' Angra 3 Completion
The Brazilian government's plans to privatise its Eletrobras electricity group have been given a key approval.
Power Construction
Anbaric Submits New York Grid Upgrade Plan
Downstate Clean Powerlink will help accommodate 3GW of anticipated offshore wind power
Solar Power Plant
Solar Module Maker SEG Expands Production in Cambodia to 500 MW
California-based SEG Solar Inc said on Thursday that it has raised the annual manufacturing capacity for its SEG 540W+ 182mm modules at its site in Cambodia to …
Electricity Trade
German Industrial Power Prices Hit New High
German industrial power prices have reached another record high, energy-intensive industry association VIK said.
Crude Oil
Platts: OPEC+ Is Producing Less Crude Than It's Supposed To
OPEC+ is producing less oil than it is supposed to, a survey by Platts has revealed, as cited by Forex Live.
Hydrogen Project
Australian CS Energy, Japan IHI to Build Hydrogen Plant
Queensland state-controlled utility CS Energy and its joint venture partner Japanese engineering firm IHI will build a pilot hydrogen plant with capacity of 50,…
Solar Power Plant
Masdar to Develop Solar Projects in Republic of Iraq
Masdar, one of the world’s leading renewable energy companies, announced that it signed a strategic agreement with the Republic of Iraq to develop five solar P…
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