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South Korea
Equinor, LS Cable & System Ink South Korean Floating Wind Agreement
LS Cable & System has signed a memorandum of understanding (MoU) with Norway’s Equinor for cooperation on the 750 MW Bandibuli/Firefly floating offshore wind p…
Photovoltaic （PV）
Recurrent Energy Secures Trio Contracts for Difference
The Low Carbon Contracts Company, on behalf of the UK Government, has awarded Recurrent Energy with CfD contracts for three solar PV projects in England: Gatele…
Wind Farm
Smulders Putting Together Final Transition Piece for World’s Largest Offshore Wind Farm
Production of the last transition piece (TP) for the 3.6 GW Dogger Bank Wind Farm, the world’s largest offshore wind farm under construction, is underway …
OPEC
OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period
Global oil demand is projected to reach 120.1 million barrels per day (mb/d) by 2050, while energy demand will rise 24% during the same period, said the Organiz…
Wind Farm
COD for 900 MW German Offshore Wind Farm Pushed Back From End-2025 to Early 2026
The 900 MW Borkum Riffgrund 3 offshore wind farm in Germany will be commissioned in the first quarter of 2026 instead of the initially planned fourth quarter of…
LNG
Angola Plans More Multi-year Oil And Gas Licensing Rounds To Boost Production
Angola plans to repeat its multi-year licensing round for oil and gas acreage starting in 2026, reportedReuters, citing a senior government energy official.This…
Oil & Gas Trade
ADNOC Awards $196.2m Manufacturing Contracts
ADNOC has awarded contracts worth $196.2m to 11 companies to boost local manufacturing of diverse products across its value chain as part of the ICV programme.T…
United States
CARB Raises Carbon Intensity Reduction Targets of LCFS to 30% in 2030 and 90% by 2045
The California Air Resources Board on Friday voted to approve updates to the Low Carbon Fuel Standard (LCFS). The updates raise the carbon intensity reduction t…
Oil & Gas Trade
Petrobras Posts $7.6% Increase In Net Income In Q3 2024
Brazilian national oil and gas company Petrobras has reported a 7.6% increase in net income for Q3 2024, reaching $5.87bn (33.85bn reais) from $5.54bn in the sa…
Switzerland
Swiss Steel Group Introduces Lead-Free Machinable Steel 11smn30+Bx
Swiss Steel Group has introduced its lead-free machinable steel, 11SMn30+BX. 11SMn30+BX is a sustainable, high-quality alternative to traditional leaded machina…
Gas power plant
Nigeria’s Lagos Invites Bids to Develop Up to 4 GW of Gas-Fired Power Plants
The State Government of Lagos (Nigeria) has invited bids for the development by independent power producers of up to 4,050 MW of gas-fired power plants in Lagos…
Wind Power Project
GWEC Report Outlines Crucial Next Steps for Vietnam to Scale Investment and Achieve Offshore Wind Targets
GWEC, Chief of Strategy – Asia, Liming Qiao, together with the Asia Policy team (right of Deputy Minister Long, MOIT) presents the competitive investor se…
Green Hydrogen
Air Products Eyes Expanded Offtake for NEOM Green Hydrogen Plant
Air Products CEO Seifi Ghasemi has announced ongoing negotiations for additional offtake from the 2.2GW NEOM green hydrogen plant in Saudi Arabia, driven by sus…
Energy Storage Project
Storm Disruption to Power Supply ‘Demonstrates Need for Long-Duration Energy Storage’ in New South Wales, Australia
The government of New South Wales has signed a land lease agreement for a long-duration advanced compressed air energy storage (A-CAES) project.A-CAES technolog…
Solar Power Plant
Namibia: Solar Energy Project to Trade All Power on the SAPP
A 20MWp solar PV plant is set to be constructed in Namibia after the project reached financial close.The plant is touted to become the first fully merchant Inde…
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