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Thermal Plant
Wärtsilä Proceeds with €100m Colombian Power Plant Despite COVID-19
Finnish energy generation equipment company Wärtsilä has announced that it is proceeding with the construction of a 200MW flexible baseload power plant in Col…
Combined cycle power plant
Siemens Energy’s Turbine Technology Helps Cyprus go Green
In order to shift the island of Cyprus from heavy fuel oil to natural gas, construction company Cyfield has chosen Siemens Energy to supply technology and long-…
Coal Gasification
Indonesia LPG Imports to Fall Sharply by 2025 as Coal Gasification Ramps up
Under a new presidential regulation last month, coal gasification features on a "priority" investment list, which offers incentives such as tax allowances or ta…
Oil & Gas Supply
COVID-19 And Electrification Bring Hydrocarbon Demand Peak Forward To 2027, Says McKinsey & Company
The pandemic has resulted in a profound reduction in energy demand, from which McKinsey expects it will take between one to four years to recover – with electr…
Crude Oil
Oil Price Settles Near $70 as Traders Shrug off Saudi Terminal Attack
Brent oil erased gains as the market shrugged off an attack on the world’s largest crude terminal in Saudi Arabia.
LNG
Russia’s Gazprom Boasts First Carbon-Neutral LNG Delivery In Europe
Russian gas giant Gazprom said on Monday that it had delivered the first carbon-neutral liquefied natural gas in Europe, shipping the fuel to Shell in the UK.
Natural Gas
Texas Freeze Caused Record Gas Spot Prices and Outages
In the wake of a February winter storm that left Texans reeling from freezing temperatures and failed power generation units, reports are starting to publish da…
Nuclear Power Plant
China Should Speed Nuclear Development to Meet Carbon Goals
China should accelerate development of nuclear power to help meet Beijing's pledges to bring greenhouse gas emissions to a peak before 2030 and become "carbon n…
LNG
Japan-backed AG&P Says Gets Approval to Develop Philippines LNG Terminal
Atlantic Gulf & Pacific Company said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas import and regasificat…
Oil Price
Oil up Nearly 5% on Possible Extension of Saudi Output Cuts
Oil prices rose nearly 5% on Thursday on a possible extension of voluntary output cuts by Saudi Arabia into April, as OPEC ministers and their allies continued …
Crude Oil
Oil Prices Rally to Highest Since 2019 After Opec+ Extends Output Curbs
Brent may trade as high as $80 a barrel in the second half of 2021, analysts say
Gas turbine engine
Decentralised INNIO Gas Engines Help Stabilise Europe’s Power Grid
In a recent announcement, INNIO Jenbacher revealed their part in preventing a blackout on the European grid on 8 January 2021.
Crude Oil
OPEC, Allies Agree to Keep Oil Output Steady into April
The Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed on Thursday to largely continue current production levels into April.
Hydrogen Project
Cromarty Firth Port Partners on Scots Hydrogen Scheme
Programme, including ScottishPower, could use green gas for distilleries in the Highlands
Natural Gas
Clean Energy, Total Sign JV for Renewable Natural Gas Production
The joint venture, owned equally by both firms, will have an initial firm commitment of $100 million to build renewable gas production facilities
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