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Oil & Gas Trade
US Buys 4.65 Million Barrels for Emergency Oil Stockpile
The U.S. Department of Energy said on Monday it had finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, for …
Photovoltaic (PV)
Chile Installs 3,962 MW of Photovoltaic and 1,882 MW of Wind Power
Currently, there are more than 3.9 GW PV under construction in the country. 67% of Chile’s electricity generation in June was renewable and solar energy r…
Photovoltaic (PV)
Chinese Solar Photovoltaic (PV) Company Signs Agreement to Establish 10 GW Factory in Sohar, Oman
A Chinese company specialising in production of solar photovoltaic (PV) modules has signed an agreement with Oman’s Bakarat Investment to build an advance…
China
Second-To-Last Nuclear Reactor Shut Down
Taiwan yesterday shut down the No. 1 reactor of its only active nuclear plant, poised to become the first non-nuclear country in East Asia after the last reacto…
Oil & Gas Trade
Iran’s Non-oil Exports Rise Over $1.3 BN in 4 Months: Spox
The spokesman of Iran House of Industry, Mine and Trade said that the country’s export of non-oil commodities increased $1.350 billion in the first four m…
Nuclear Power Plant (NPP)
China’s Ningde Nuclear Power Plant Starts New Power Unit Construction
Ningde Nuclear Power Plant in east China's Fujian Province. /CMGConstruction of the No. 5 power unit at the Ningde Nuclear Power Plant in east China's F…
Electric Vehicles
Tesla and BYD Are Dominating the Global Electric Vehicle Market
Tesla's gross margin has been declining every quarter since Q1 2022, but it still maintains the largest BEV market share globally.BYD is hot on Tesla's …
Crude Oil
Motiva Plans to Restart Texas Fcc Over Weekend, Sources Say
Motiva Enterprises plans to begin restarting the gasoline-producing fluidic catalytic cracker (FCC) at its 626,000-barrel-per-day (bpd) Port Arthur, Texas, refi…
Nuclear Power Plant (NPP)
Hungary to Allow Nuclear Plant to Exceed Danube Water Temperature Limit
Hungary is planning to allow the temperature limit for a section of the Danube which receives cooling water from the Paks nuclear power plant to be exceeded for…
Oil & Gas Trade
Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production
A $120 million agreement with Cheiron Energy was also signed to increase oil production in the Gulf of Suez.Egypt's Ministry of Petroleum and Mineral Resour…
Oil & Gas Trade
Libya’s NOC Denies It Is in Talks to Supply Crude Oil to Nigeria
Libya's National Oil Corporation (NOC) on Sunday denied holding negotiations to supply crude oil to a refinery in Nigeria.A senior executive with Nigeria…
Hydropower Plant
Koncar Secures Contracts for Swedish Hydropower Plants
Croatian electrical equipment manufacturer Koncar Elektroindustrija has announced agreements with Swedish power company Sydkraft Hydropower and the Swedish subs…
Pumped Storage
Tunnel Construction Starts for Forbach Pumped Storage Project
German energy company EnBW hosted a ceremonial tunnel groundbreaking event late last month, signifying the official commencement of tunnel and mining work at th…
Offshore Wind Power
US DOE Issues USD 48.6 Million Call for Offshore Wind R&D
The US Department of Energy’s (DOE’s) Wind Energy Technologies Office (WETO) has launched the Offshore Wind National and Regional Research and Devel…
Offshore Wind Power
27 GE Haliade-X Wind Turbines Installed at Dogger Bank A
More than a quarter of wind turbines at Dogger Bank A, the first phase of the UK’s 3.6 GW Dogger Bank Wind Farm, have been installed.So far, 27 of the 95 …
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