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Oil Price
OPEC Withheld 1.3 Billion Barrels Of Oil To Prop Up Prices
The Organization of Petroleum Exporting Countries withheld some 1.3 billion barrels of oil supply last year to keep prices from falling even further, the secret…
Smart Grid
Germany: Siemens Smart Grid Installed in Aral Network
Aral aims to complete the installation of more than 100 HPC charging points at 30 German service stations before the end of this quarter and has commissioned Si…
Solar Power Plant
Tesla's Solar Energy Business is Bouncing Back
Tesla’s aggressive price cuts in its solar energy business showed signs of paying off during the fourth quarter.
General Electric Upbeat on 2021 after Profitable 2020
In the fourth quarter, GE reported $2.4 billion in profits, more than four times the level in the year-ago period, reflecting the benefits of cost-cutting initi…
Energy Transition
Saudi Arabia Seeks European Partners to Develop Hydrogen
The world's largest oil exporter is looking to add 50% renewables to its energy mix
Hydrogen Project
Imported Blue Hydrogen ‘Cheaper than Green’ in EU
Imported hydrogen will be cheaper than green hydrogen made in the EU in 2030, according to a new study by Aurora Energy Research.
Crude Oil
Libya Oil Comes Back to Life but with Fragile Infrastructure
Libya is now producing 1,224 million barrels per day — a tenfold increase from a 121,000 bpd average in the third quarter of 2020, before the ceasefire deal.
Hydropower Plant
Stortemelk Hydropower Project Receives Recognition for Sustainability
Using an industry-leading assessment tool, a small-scale hydro project in South Africa, Stortemelk, has been recognised as an impressive example of sustainable …
Nuclear Power Plant
Atommash Begins to Manufacture RPV Russia’s Kursk-II-2
Atommash, the Volgodonsk branch of Russia’s AEM-Technologies has started manufacturing the reactor pressure vessel for unit 2 of the Kursk-II nuclear power pla…
Smart Grid
Smart Grid Research Centre Inaugurated in Morocco
Construction has started on a new research centre for smart grids at the Green Energy Park in Ben Guerir in central Morocco.
Market Analysis
China Installed 48.2 GW of Solar in 2020
With the nation almost doubling its new generation capacity figure for the year last month, the National Energy Administration is reportedly considering a joint…
Smart Grid
Duke Energy Florida, Consumer Groups Reach Agreement for Building Smarter Energy Grid
Collaborative agreement includes investments in grid modernization and EV charging stations.
Biomass Power Plant
UK Bioenergy Generation up in Q3
Data recently released by the U.K. Department for Business, Energy and Industrial Strategy shows bioenergy capacity in the U.K. increased by 3.9 percent during …
OPEC
Video: How the Global Economy Could Look Without OPEC?
OPEC or the Organisation of the Petroleum Exporting Countries supplies over 40% of the world’s oil and possesses a staggering 80% of total reserves Headquarter…
Solar Inverter
Tesla Launches Solar Inverter
The EV manufacturer with big solar ambitions has finally leveraged its expertise in power electronics technology and launched a solar inverter.
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