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Natural Gas
INNIO and B.Grimm Plan Gas Power Projects in Thailand
Energy solutions provider INNIO has signed a Memorandum of Understanding (MoU) with Bangkok headquartered B.Grimm Power to collaborate on building new power pla…
Energy Storage Battery
Geothermal Energy Player Ormat’s Battery Storage Strategy Paying Off
US geothermal energy company Ormat Technologies’ energy storage division achieved gross margin of 25.3% during the second quarter of this year, as revenues inc…
European Consumers Want More Renewable Power to Ease Climate and Affordability Concerns
New research commissioned by Statkraft found that three quarters of the 18,000+ respondents say they’re worried about the negative effects of climate change, …
Nuclear Power Plant
Nuclear Power Production Curtailed in France, Worsening Europe’s Energy Crisis
High temperatures in river water are reportedly forcing Electricite de France SA (EDF) to cut power generation at some of its nuclear plants.
Distributed Grid
DEWA Smartens Distribution Networks in Efficiency Drive
Dubai Electricity and Water Authority (DEWA) has announced a new software with the hopes of enabling network design engineers the capability to augment electric…
Floating Offshore Wind
Novel Floating Wind Prototype Ready for Final Installation
Barcelona-headquartered technology developer X1 Wind is ready for the final installation of its floating wind prototype, PivotBuoy, at the Oceanic Platform of t…
OPEC
Saudi Arabia May Push for Higher OPEC Production
Fox News: Saudi Arabia is reportedly planning to advocate for higher production at the upcoming OPEC+ meeting.
Oil Field
First Oil Flows From North Sea Field
German oil and gas company Wintershall Dea has started production from its operated Nova oil field in the Norwegian sector of the North Sea.
Siemens Gamesa Posts €340M Quarterly Loss
Manufacturer reportedly considering cutting 2500 jobs, equivalent to 9% of its workforce.
Oil Price
Saudi Arabia’s Economy Grows 12% In Q2 on High Oil Prices
Saudi Arabia recorded a GDP growth rate of 11.8 percent for the second quarter, driven by a 23.1-percent rise in oil income, according to preliminary data cited…
South Africa
South Africa Power Crisis Causes State Monopoly to Open Up
After years of blackouts, the Government of South Africa has started to break the monopoly of its state-owned utility.
Intersect Power Orders 2.4 GW of First Solar’s Modules
US-headquartered First Solar has announced that it has entered into an agreement to supply 2.4 GWDC of its high-performance, advanced thin film photovoltaic (PV…
United Kingdom
Octopus ‘Asks for £1BN Government Support to Seal Bulb Takeover Deal’
The energy supplier is reportedly keen on paying up to £200 million to take on Bulb’s 1.6 million customers.
Wave Energy
The Wave Power Generator Experts Say ‘Proves Ocean Energy Can Work’ Is Already Powering Australian Homes
For the first time in Australia's history, a wave energy converter trial has successfully generated energy from the chaotic and wild ocean waves to power homes.…
OPEC
OPEC Secretary General Says Russia’s Membership in OPEC+ Is Vital for Success of Agreement
OPEC's new secretary general said that Russia's membership in OPEC+ is vital for the success of the agreement, Kuwait's Alrai newspaper reported on Sunday.
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