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Offshore Wind Power
RWE and Hellenic Petroleum Collaborate to Develop Offshore Wind Farms
RWE and Hellenic Petroleum Holdings, through their respective subsidiaries RWE Renewables GmbH and HELPE Renewables SA, have joined forces to jointly explore of…
LNG
Shell Eastern Petroleum Signs MoUs With Japan LNG Buyers
Agreement between Shell Eastern Petroleum, Tokyo Gas and Osaka Gas aims to accelerate decarbonisation across respective production value chains.
Wind Farm
Wind Farm Size to Expand in Next Decade Amidst Cost-Cutting Pursuit
Onshore and offshore wind farms could rise to 370 megawatts (MW) and 850MW, respectively, by 2031 as developers seek ways to reduce its cost.
Offshore Wind Power
US, China and UK Lead Renewable Energy Attractiveness
The US, mainland China and UK are the top three markets respectively based on attractiveness of renewable energy investment, according to the 59th EY Renewable …
Offshore Wind Power
ScottishPower and Shell Reserve Seabed for Floating Offshore Wind Farms
The MarramWind and CampionWind projects, located off the east and north-east coasts of Scotland, are expected to have capacities of 3GW and 2GW respectively.
Brazil
Shell and TotalEnergies Win Fresh Exploration Blocks Offshore Brazil
Oil majors Shell and TotalEnergies have secured six and two offshore exploration blocks, respectively, in the Santos basin offshore Brazil as part of the countr…
Wind Turbine
Vestas Secures Top Spot in Wind Turbine Suppliers League
Vestas Wind Systems, GE Renewable Energy and Siemens Gamesa were ranked in the top three positions respectively in GlobalData report.
Oil Price
Goldman Sachs ups 2022 Brent Crude Oil Spot Price Forecast to $135/bbl
Goldman Sachs Research has raised its 2022 & 2023 Brent spot price forecast to $135/bbl & $115/bbl, up from $98 and $105/bbl respectively amid geopolitical tens…
Energy Investment
Hyundai Engineering to Expand Business in Energy Sector
According to the company, its investments in plastic recycling and carbon dioxide recycling will be 530 billion won and 350 billion won, respectively.
Wind Farm
EDP Renewables Starts Two Wind Farms with 70 MW in Italy
These are Monte Mattina and Sant’Alessandro wind farms, with an installed capacity of 25 MW and 45 MW respectively.
Hydrogen Project
SK to Build World’s Largest Blue Hydrogen Plant
The annual production and the total project cost are estimated at 250,000 tons and 5.3 trillion won, respectively. In addition, 100 hydrogen charging stations w…
Hydrogen Project
SK E&S and Plug Power Form Joint Venture
SK E&S and Plug Power have signed a joint venture contract for joint business in the Asian hydrogen market. Their stakes in the joint venture are 51 percent and…
Coal Production
Western Balkan Countries are in Global Top 10 in Coal’s Power Output Share
Kosovo* is ranked second in the world for its share of coal in domestic electricity production, trailing only Botswana. Serbia and BiH are seventh and tenth, re…
Net Zero Emission
UK, South Korea Commit to Clean Energy Co-Operation
The UK and South Korea have signed a memorandum of understanding that will support the co-operation of the countries' respective government departments in worki…
Hydrogen Project
Australian Energy Retailer, Japanese Oil Refiner Team up on Green Hydrogen
Origin Energy, Australia’s biggest energy retailer, has agreed to team with Japan’s largest oil refiner, Eneos, to explore the potential for a commercial-scal…
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