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Power Cable
Israel, Cyprus and Greece Agree to Link Power Grids via Subsea Cable
Cyprus, Greece and Israel on Monday signed an initial agreement to build the world's longest and deepest underwater power cable that will traverse the Mediterra…
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.
Nuclear Power Plant
Nearly All of Nation’s 94 Nuclear Facilities Rate in the Top Performance Level
All but four of the nation’s 94 operating nuclear power plants are performing at the highest safety and security levels, according to a new release from the U.…
Wind Farm
Siemens Gamesa Secures 5.X Wind Turbine Supply Contract in UK
Siemens Gamesa has secured a contract to supply 5.X turbines for Energiekontor UK’s Longhill Burn wind farm near Edinburgh, UK.
Power Construction
ERCOT Overcharged Power Companies $16 billion for Electricity During Winter Freeze, Firm Says
An independent market monitor for the Public Utility Commission of Texas wrote in a letter that the power grid operator kept market prices too high for nearly t…
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 …
Market Analysis
NEA Assesses the Cause and Impact of Fukushima Accident
He added that the area covered by the evacuation order had been decreased to one-fifth of the original area.
Energy Storage Battery
CEFC Offers US$127.6 Million Debt Finance for 300MW Victoria Energy Storage Project
Australia’s Clean Energy Finance Corporation has invested AU$160 million in a 300MW battery storage project near Geelong, Victoria.
Energy Storage Project
CEFC Offers US$127.6 million Debt Finance for 300MW Victoria Energy Storage Project
Australia’s Clean Energy Finance Corporation has invested AU$160 million in a 300MW battery storage project near Geelong, Victoria.
Thermal Plant
Russia to Finance and Build 1.4GW Power Station in Southern Iran
Russia has signed a new agreement with Iran, worth €1.4bn, to build a 1.4GW thermal power plant near the Strait of Hormuz, restarting a project that was first …
Natural Gas
Waga Energy and Ferrovial Servicios to Deliver Massive Landfill Gas-to-Biomethane Project in Spain
The Ferrovial Servicios group, a leading global service operator, has selected Waga Energy to produce biomethane at the Can Mata landfill, one of Spain’s large…
Oil Pipeline
All Parties Accelerate the East Mediterranean Gas Pipeline Project
The project is expected to cost 7 billion euros, with a natural gas transportation volume of 9-12 billion cubic meters per year.
Nuclear Power Plant
Cofrentes Licence Extension Gets Regulatory Approval
The Spanish nuclear regulator has approved the renewal of the operating licence for Iberdrola's Cofrentes nuclear power plant near Valencia until the end of Nov…
Solar Power Plant
SunBrush® Mobil and Infinity Establish Service Base at Benban, Africa's Largest Solar Park
From now on, four Infinity employees will maintain and repair the 24 SunBrush® mobil Compact cleaning devices currently in use at the 1.65 GWp Benban Solar Par…
Electric Car
Ford Increases Electric Vehicle Spending to $22bn
Ford Motors increased its planned investment into vehicle electrification to at least $22bn by 2025, nearly doubling its previous commitment of $11.5bn.
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