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Oil Price
Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter
It said it would take aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter.
Electricity Transmission
Turkish Company Prepping Offer to Supply Libya Power
Turkish power-ship operator Karadeniz Holding is preparing a bid to supply up to 1,000 megawatts of electricity to conflict-hit Libya and will submit it soon.
Nuclear waste
Isotek, DOE Sign Legacy Waste Contract Modification
This contract modification, SNC-Lavalin said, is aligned with the company's new strategy to move towards engineering services and greater growth.
Solar Power Plant
Uttar Pradesh Set for 2 GW ‘Ultra-Mega’ Renewable Energy Park
The state government of Uttar Pradesh has paved the way for a 2 GW ‘ultra-mega’ renewable energy park.
Wind Power Project
Enel Green Power Chile Begins Construction of its New Wind Power Plant in La Araucanía
Enel Green Power Chile began construction work on its new Renaico II wind power plant, located in the commune of the same name in the Araucanía Region.
Gas power plant
Iran：Small-Scale Gas Power Plants'Output Hit Record High of 800MW
Iran's small-scale gas power plants managed to generate 800 megawatts of electricity, a first since the establishment of such power plants in the country.
Indonesia State Power Company PLN Reports $2.8 bln Q1 Loss
Indonesia’s state electricity company Perusahaan Listrik Negara (PLN) reported on Monday in its quarterly financial statement a 38.88 trillion rupiah ($2.77 bi…
Africa Energy
South Africa Consults with Industry on Nuclear Power Plans
On Sunday, South Africa's Energy ministry began consultations with industry on preparations for plans to build a 2,500 MW nuclear power plant.
Thermal Plant
Climate Targets Warrant Closure of All Gas, Coal Power Plants Soon, Study Shows
If solutions to turn emissions negative aren’t scaled up substantially in the mid-term to cap global warming.
Oil & Gas Trade
Iran Pressures South Korea To Pay Debts For Oil Exports
The governor of Iran's Central Bank has threatened legal action against South Korea if the Asian country’s banks refuse to unlock billions of dollars owed to I…
Energy Storage Technology
India: Industry Needs to Clarify Energy Storage Policy in New Electricity Law
A clear policy framework regarding energy storage is needed in the new electricity law for the adoption of storage technologies in suitable areas, an industry b…
Market Analysis
Wind and Solar will Each Provide more New Capacity than Natural Gas
According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), wind, solar, and hydropower provided 100…
Power Construction
Nigeria's Stranded Electricity Hits 4,159MW as GenCos Seek Unbundling of TCN
Electricity Generation Companies have said although they have increased their generation capacity to 8,145Mega Watts in 2020, they only produce 3,987mw for Nige…
Power Construction
China to Construct 1,124MW Power Project in Pok Under CPEC
China under the multi-billion-dollar CPEC will set up a 1,124-megawatt power project in Pakistan-occupied Kashmir despite India's objection to it, according to …
Market Analysis
Siemens Deal to Enable Nigerians Receive 11,000MW of Electricity by 2023
Lai Mohammed, minister of information, says Nigerians will enjoy 11,000 megawatts (MW) of electricity by 2023.
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