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Offshore Wind Power
First Commercial PPA in Croatia Signed by wpd, Danske Commodities
Energy project developer and operator wpd and energy trader Danske Commodities signed a fixed-price commercial power purchase agreement – PPA for the Orlice wi…
Oil Price
Goldman Remains Bullish On Oil Despite OPEC+ Decision
Goldman Sachs commodity analysts remain bullish on oil prices despite yesterday’s decision by OPEC+ to add another 400,000 bpd to combined production next mont…
Energy Saving
Abu Dhabi’s ADES Begins Phase 1 of SEHA Retrofit Project
ADES will ensure lighting replacements, install absorption coolers, upgrade chiller units, insulation systems, and voltage reduction systems
Net Zero Emission
India Sets 2070 Target for Net Zero
India has a goal of reaching net zero emissions by 2070, prime minister Narendra Modi said at the UN Cop 26 climate conference today.
Oil Price
Wall Street Projects a “Higher for Longer” Era for Oil Prices
Could the era of cheap oil supply be gone for good? That’s the conclusion of some of the biggest commodities desks on Wall Street, where banks have been liftin…
Oil Price
Demand Recovery Leaves $100/bl Oil on Track
Global commodity trading firm Trafigura is maintaining its forecast for oil prices to potentially hit $100/bl late next year, despite the risk of short-term Cov…
Coal Price
Asia-Pacific Coal Market Strength Lifts NE Asian Prices
The South Korean coal market rebounded sharply this week owing to strength in the Asia-Pacific commodity complex, but despite a weaker domestic demand outlook.
Crude Oil
Oil Falls for a Sixth Straight Day, Sinks to the Lowest Level Since May on Fears of Slowing Growth
Crude came under pressure amid weakness in the commodities market and equities more generally.
Nuclear Power Plant
Jacobs to Support Life Extension of South Africa’s Nuclear Plant
Infrastructure development company, Jacobs has been selected to carry out essential engineering modifications as part of a $1.2 billion programme to extend the …
Oil & Gas Trade
Iraq to Sell Lebanon 1 mil mt/year of Heavy Fuel Oil in Barter Deal
Iraq has agreed to sell Lebanon 1 million mt/year of heavy fuel oil in return for "goods and services" in a barter deal that should help OPEC's second-biggest p…
Coal Mine
Cokal Executes Funding Agreement for BBM Coking Coal Project
The binding capital participation agreement is for the provision of US$20 million in funding and has been entered into with International Commodity Trade Pte Lt…
O＆M
CIMC Raffles Sends Rig-Converted Vessel for Wind Farm Job Offshore China
Re-modified unit delivered by Shandong yard for offshore wind farm installation work off province
Nuclear Fuel
Rosatom Develops New Fuel Modification with Lower Uranium Enrichment for Finland’s Loviisa NPP
TVEL, the fuel manufacturer subsidiary of Russia's Rosatom, has completed development of a new modification of VVER-440 fuel for the Loviisa nuclear power plant…
Market Analysis
Oil Markets Set for Recalibration as US and Iran Attempt to Restore Nuclear Deal
Commodities prices are expected to keep rising, even if Iranian supply returns, Saxo Bank's head of commodity strategy says
Energy Storage Battery
Leading Chinese Lithium Producer May Open Battery Plant In Argentina
China’s Ganfeng Lithium, one of the world’s top producers of the commodity used in electric vehicle batteries, has inked an initial deal to explore setting up…
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