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Oil Price
Oil Climbs After Saudi Arabia Hikes Prices
A view shows the Yan Dun Jiao 1 bulk carrier in the Vostochny container port in the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022…
LNG
Exclusive: China's Sinopec in Talks for Gas Offtake, Stake in Canada's Cedar LNG
A man looks at models displayed at the booth of Chinese oil company Sinopec during the China International Fair for Trade in Services (CIFTIS) in Beijing, China…
Distributed Grid
Saudi Electricity Company Aligns Financing for Two Ipps Projects With 3.6 GW Combined Ccgt Capacity
For the first time since Moscow launched its full-scale attack on Ukraine more than two years ago, the EU is expected to aim its sanction bazooka at Russia&rsqu…
Oil&Gas Drilling
Egyptian Oil & Gas Firm Books Jack-up Rig on 21-Month Drilling Gig in Gulf of Suez
ADES Holding Company, part of Saudi Arabia-headquartered oil and gas drilling services provider ADES Group, has secured a new drilling assignment for one of its…
Offshore Wind Power
ACWA Power Signs $4.85 Bln Deal for Central Asia's Largest Wind Power Plant
ACWA Power signed a Power Purchase Agreement (PPA) with the National Electric Grid of Uzbekistan for Central Asia’s largest wind farm — the Aral 5GW Wind…
Offshore Wind Power
Denmark Launches an Offshore Wind Auction With Enough Capacity to Meet the Country's Entire Demand
Last week, Denmark launched an offshore wind auction that could award up to 6 GW, enough to meet the country’s electricity needs.Currently, Denmark has 2.…
Geothermal Power Plant
ORIX Starts Operations of Minami-Kayabe Geothermal Power Plant, Japan
Minami Kayabe geothermal power plant in Hakodate, Hokkaido, Japan (source: ORIX Corporation)ORIX Corporation (ORIX) has announced the start of commercial operat…
Geothermal Power Project
Oil to Evaluate India Geothermal Potential in Arunachal Pradesh, Assam
Lake at Tawang, Arunachal Pradesh, India (source: TheSomdeep, CC BY-SA 4.0, via Wikimedia Commons)Oil India Limited (OIL) will be working with the Centre for Ea…
Geothermal Drilling
Geothermal Research Drilling Commences in North Brabant, Netherlands
Drilling at the Krukweg location in Heijningen, North Brabant, Netherlands (source: SCAN)A research drilling campaign has started at the first of three sites ac…
Oil Pipeline
Canada's Long-Delayed Trans Mountain Oil Pipeline Starts Operations
A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in B…
Oil & Gas Supply
Abu Dhabi's ADNOC Says Oil Production Capacity Reaches 4.85 Million Bpd
A general view ADNOC Headquarters lit up in the colours of the Russian flag in solidarity with Russia after a deadly attack at a Moscow concert venue, in Abu Dh…
Coal Trade
Australia's Second-Largest Pension Fund Blacklists Thermal Coal Investments
The sun shines above high tension power lines in an industrial area of west Sydney July 12, 2011. REUTERS/Daniel Munoz Purchase Licensing RightsAustralian pensi…
Oil & Gas Trade
Shell Smashes Forecasts With $7.7 Billion Quarterly Profit
Shell (SHEL.L), opens new tab reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian re…
Coal Production
RWE Open to Lignite Foundation, up to Berlin to Start Process
Markus Krebber, CEO of RWE addresses the media during the annual results news conference of the German utility in Essen, Germany, March 21, 2023. REUTERS/Jana R…
Oil & Gas Trade
BP-ENI JV Signs Agreement for Namibia Offshore License
A BP-Eni joint venture and Rhino Resources Namibia have signed an agreement for a 42.5% interest in a block in the country's offshore Orange Basin, the comp…
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