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Oil & Gas Trade
Russian Oil and Gas Revenues Set to Rise by 50% Y/Y in June, Reuters Calculations Show
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk//File Photo Purchase Licensing Right…
Natural Gas
Qatar Energy 2023 Profit Drops 32% as Gas Prices Cool
Qatar Energy on Tuesday reported 101.9 billion riyals ($27.96 billion) in net profit for 2023, down 32% from 2022 when gas prices surged following Russia's …
Nuclear Power Plant (NPP)
Commissioning of First Floating Nuclear Plant for Baimsky Project Set for 2028
The first of the four floating NPPs (the PEB-106 project), planned to supply energy to mining projects in the Chukotka Autonomous Okrug, is planned to be commis…
Energy Storage Project
EY: UK Ranked Third Globally for BESS Market
The UK RECAI score for offshore wind technology was 59.5, the second highest globally after the US. Image: EY.Ernst & Young’s (EY) latest Renewable Energy…
SMR
South Korea Announces Plans for SMR Industrial Hub
Small modular reactors (SMRs) are considered a versatile form of nuclear energy production. Credit: Luo Yunfei/China News Service/VCG via Getty Images.South Kor…
Wind Farm
More Than 30 Wind Power Projects Are Under Construction in Ukraine
In total, more than 30 projects are being developed in Ukraine to launch new wind generation, and they are at different stages of readiness.This was stated by A…
SMR
South Korea Plans SMR Industrial Complex
President Yoon Suk Yeol has announced plans to create a small modular reactor (SMR) industrial hub in the city of Gyeongju in the southeastern corner of South K…
Coal Trade
Delta Dunia Acquires US Anthracite Producer Atlantic Carbon
PT Delta Dunia Makmur Tbk, through American Anthracite SPV I, LLC, a subsidiary under PT Bukit Makmur Internasional (BUMA International), has entered into a sto…
Solar Power Plant
UK's Octopus Energy Enters US Renewables Market With Solar Deal
British power supplier Octopus Energy has entered the U.S. renewables market for the first time with the acquisition of two solar energy farms, it said on Tuesd…
Nuclear Power Plant (NPP)
Verdict on EDF and KHNP Bids Being Considered by Czech Government
ČEZ has submitted to the Czech government its evaluation of the bids received from France's EDF and South Korea's Korea Hydro & Nuclear Power for the c…
Offshore Substation
Two UK Firms Forge Ties to Drive Innovation in Offshore Wind Cables
UK companies 2H Offshore and Vekta Group have established a strategic partnership aimed at driving innovation in high-voltage cables for offshore wind developme…
Oil&Gas Drilling
SUBSEA7 Awarded a Contract for the Bittern Field in the UK North Sea
Subsea7 S.A. has announced the award of a sizeable contract by Dana Petroleum (E&P) Limited, for the Bittern field development, located approximately 190 km eas…
Oil & Gas Trade
UK's Sound Energy PLC Sells Moroccan Gas Assets to Managem
UK gas company Sound Energy PLC (SOU.L), opens new tab sold its subsidiary, Sound Energy Morocco East Limited, to Morocco's largest mining company, Managem,…
Tidal Energy
Scottish Firms to Decommission Openhydro Tidal Turbine in Orkney
Ocean Kinetics and Green Marine (UK) have formed a Joint Venture Partnership to decommission OpenHydro’s tidal turbine energy platform in the Orkney Islan…
Energy Storage Project
Highview Secures Storage Project Funding
Highview Power has secured the backing of the UK Infrastructure Bank and the energy industry leader Centrica with a £300m investment for what it says will…
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