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Oil&Gas Drilling
APA, Sinopec to Recover $900MM of “Backlogged Costs” in Egyptian Project
APA Corp. and its Chinese partner in an Egyptian oil project will recover almost $900 million in prior investments under a new drilling contract with the North …
Power Construction
Samsung C&T Lands High-Voltage Direct Current Network Project in UAE
Samsung C&T’s Construction Division announced on Dec. 23 that it has signed an engineering, procurement, and construction contract for a HVDC network construct…
Solar Power Plant
Bangladesh’s First Agri-PV Plant Set to Get Green Light
Bangladesh’s first agrivoltaic solar power plant is set to receive government approval on Wednesday, Dec. 29.
Hydrogen Fuel Stations
Multiple Hydrogen Stations Ordered for North America
Multiple Nel H2Station™ hydrogen fuelling sites are set to be deployed throughout North America in 2022 and 2023, with the company today receiving an order for…
Hydrogen Project
Linde to Aid in Swedish Hydrogen Project Aiming to Develop Solutions for the Maritime Industry
A new research project led by Sweden’s Uppsala University has received support from Linde as the project aims to develop a new solution for hydrogen within the…
Hydrogen Project
Linde to Aid in Swedish Hydrogen Project Aiming to Develop Solutions for the Maritime Industry
A new research project led by Sweden’s Uppsala University has received support from Linde as the project aims to develop a new solution for hydrogen within the…
Crude Oil
Marathon to Receive Second Release from U.S. Strategic Petroleum Reserve
The U.S. Energy Department awarded a second batch of crude oil from the strategic reserve to Marathon Petroleum Corp. as part of the Biden administration’s eff…
Colombia
Colombia’s Oil, Natural Gas Reserves Said Rapidly Dwindling
Colombia’s oil and gas production along with its proven reserves are falling and investment will likely fail to recover to pre-Covid-19 pandemic levels this de…
Crude Oil
Nov Crude Imports from UAE Hit Record High at 1.1 mil b/d
China's crude imports from the UAE hit a record high of 4.47 million mt, or 1.09 million b/d, in November amid lower official selling prices, making it China's …
Solar Power Plant
Asunim Egypt completes two PV systems in Egypt
Asunim Egypt completed two PV systems recently in Alexandria and Cairo region, a ground mounted PV system of 450 KWp and a rooftop PV system of 231 KWp.
Solar Power Panel
S. Korea Constructs Discarded Solar Panel Recycling Center to Reduce Greenhouse Emissions
The center can recycle up to 3,600 tons of discarded panels every year.
Nuclear Reactor
Europe’s Biggest Nuclear Reactor Receives Permission to Start Tests
Olkiluoto 3 is set to start regular electricity production in June 2022 and will be the biggest in Europe.
Natural Gas
High Gas Prices Push up Electricity Cost in EU
Spot natural gas prices trading in the Netherlands soared this week near to record highs seen in October. Electricity prices have surged across Europe.
Hydropower Plant
Bangladesh Trying to Import 500 MW Hydro-Electricity from Nepal
Power Cell director general Mohammad Hossain has said that Bangladesh is trying to import 500 MW of hydro-electricity from Nepal.
Crude Oil
Goldman Says Oil could hit $100, Demand might Reach ‘New Record High’ in the Next Two Years
Goldman Sachs predicts a new high in oil demand in 2022, and again in 2023.
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