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Oil Price
Oil Swings on First Trading Day of 2023 Amid Demand Concerns and IMF Recession Warning
Fund's managing director says the global economy faces 'a tough year, tougher than the year we leave behind'IMF chief Kristalina Georgieva repeated an earlier w…
Crude Oil
World Set to Lose 5 Million Barrels of Oil per Day if Investment Stops
The world will lose 5 million barrels per day of oil each year from current supplies if spending comes to a halt, Dr Sultan Al Jaber, managing director and grou…
Natural Gas
German Gas Levy Could Change as Soon as This Winter -Newspaper
A gas levy on German consumers meant to help utilities cover the cost of replacing Russian supplies could change as soon as this winter, the managing director o…
Hydropower Plant
NHPC's 2,880 Dibang Hydropower Project Expected to Begin During Apr-Jun: CMD
NHPC's 2,880-megawatt (MW) Dibang hydropower project in Arunachal Pradesh is expected to kick-off in the first quarter of 2022-23 "with in-hand forest and envir…
Hydropower Plant
SJVN Ltd Sets New Power Generation Record
Public sector hydropower major SJVN Ltd Chairman and Managing Director Nand Lal Sharma on Sunday reviewed the operational performance of its two mega facilities…
Energy Investment
Singapore Places $1.8 billion for Green Investments
At a news conference on Wednesday, Ravi Menon, managing director of Monetary Authority of Singapore said the funds were placed from Singapore's official foreign…
Nigeria
NPDC Planning 500,000 barrel of Crude Oil Per Day
Group Managing Director of the Nigeria National Petroleum Corporation, Mele Kyari, has assured that the Nigeria Petroleum Development Company will scale up its …
Nigeria
Nigeria Govt Reiterates Pledge to Unlock Opportunities in Gas Sector
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said Africa, particularly Nigeria, has huge gas resources which can…
Geothermal Power Plant
Innovation in Geothermal Energy Utilization
How Iceland is blessed with its geothermal energy resources both for power generation and heat utilization and the innovations being worked on is topic of this …
Power Construction
US $200m Nigeria Electrification Project launched
The US $200m Nigeria Electrification Project has officially been launched by Rural Electricity Agency (REA). Managing Director of REA, Mr. Ahmad Salihijo spoke …
Electric Vehicle Charging
A Whopping 75% of Electric Cars in Australia Are Charged with Renewable Power
A whopping 75% of electric cars in Australia are charged almost exclusively with renewable power, according to an informal poll conducted by Future Smart Strate…
Coal Trade
Seaborne Coal Trade Around The World Rose 0.7 Per Cent in 2019
Imports and exports, counted together, rose to 1.218 billion tonnes from 1.210 billion tonnes in 2018, VDKI Managing Director Franz-Josef Wodopia said in an spe…
ABB Power Products appoints Venu Nuguri as its Managing Director
ABB Power Products on Tuesday said it has appointed Venu Nuguri as its Managing Director. ABB Power Products is the new standalone legal entity of ABB's Power G…
Power Construction
Germany: TenneT Completes Substation Reboot
State secretary Jens Deutschendorf, from the Hessen Ministry of Economic Affairs and Energy joined TenneT Managing Director Tim Meyerjurgens to visit the upgrad…
Atlas Copco to Provide Turbine for Garching Geothermal Project in Bavaria, Germany
During a press briefing this week, the managing directors of Silenos Energy GmbH presented on the planned plant installations and the current status of the cons…
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