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Oil Price
2024-05-06
Oil Climbs After Saudi Arabia Hikes Prices
A view shows the Yan Dun Jiao 1 bulk carrier in the Vostochny container port in the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo Purchase Licensing RightsOil futures climbed on Monday after
LNG
2024-05-06
Exclusive: China's Sinopec in Talks for Gas Offtake, Stake in Canada's Cedar LNG
A man looks at models displayed at the booth of Chinese oil company Sinopec during the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 1, 2022. REUTERS/Florence Lo/File Photo Purchase Licensing RightsChina's Sin
Distributed Grid
2024-05-06
Saudi Electricity Company Aligns Financing for Two Ipps Projects With 3.6 GW Combined Ccgt Capacity
For the first time since Moscow launched its full-scale attack on Ukraine more than two years ago, the EU is expected to aim its sanction bazooka at Russia’s lucrative gas sector, POLITICO reported.According to the report, the proposals on the t
Offshore Wind Power
2024-05-06
ACWA Power Signs $4.85 Bln Deal for Central Asia's Largest Wind Power Plant
ACWA Power signed a Power Purchase Agreement (PPA) with the National Electric Grid of Uzbekistan for Central Asia’s largest wind farm — the Aral 5GW Wind Independent Power Producer (IPP) project in the Karakalpakstan region.The agreement was sig
Geothermal Power Plant
2024-05-06
ORIX Starts Operations of Minami-Kayabe Geothermal Power Plant, Japan
Minami Kayabe geothermal power plant in Hakodate, Hokkaido, Japan (source: ORIX Corporation)ORIX Corporation (ORIX) has announced the start of commercial operations of the Minami-Kayabe Geothermal Power Plant in the Minami-Kayabe region of Hakodate City i
Geothermal Power Project
2024-05-06
Oil to Evaluate India Geothermal Potential in Arunachal Pradesh, Assam
Lake at Tawang, Arunachal Pradesh, India (source: TheSomdeep, CC BY-SA 4.0, via Wikimedia Commons)Oil India Limited (OIL) will be working with the Centre for Earth Sciences and Himalayan Studies (CESHS) to carry out research studies on the abundant deep a
Oil & Gas Supply
2024-05-06
Abu Dhabi's ADNOC Says Oil Production Capacity Reaches 4.85 Million Bpd
A general view ADNOC Headquarters lit up in the colours of the Russian flag in solidarity with Russia after a deadly attack at a Moscow concert venue, in Abu Dhabi, United Arab Emirates, March 23, 2024. WAM/Handout via REUTERS/ File Photo Purchase Licensi
Biofuel
2024-05-06
Mubadala Capital Plans $13.5 Billion Biofuels Investment in Brazil, Financial Times Reports
Abu Dhabi's Mubadala Capital intends to invest about $13.5 billion on a major biofuels project in Brazil over the next decade, under broader plans for the country that include the creation of a new stock exchange, the Financial Times reported on Sunda
Nuclear Power Plant (NPP)
2024-05-03
Partnership for Arc-100 Commercialisation
A trilateral collaboration agreement has been signed to further cooperation between Korea Hydro & Nuclear Power, ARC Clean Technology and New Brunswick Power with the goal of establishing teaming agreements for global small modular reactor fleet deplo
Oil & Gas Supply
2024-04-30
India's Chennai Petroleum Sees Two Year Delay in Building New 180,000 Bpd Refinery
India's Chennai Petroleum Corp Ltd (CHPC.NS), opens new tab will build a 180,000 barrels per day (bpd) refinery at Nagapattinam in Southern Tamil Nadu State by the end of 2027, two years later than initially planned, its head of finance Rohit Kuma
Coal Production
2024-04-30
G7 Reaches Deal to Exit From Coal by 2035
Energy ministers from the Group of Seven (G7) major democracies reached a deal to shut down their coal-fired power plants in the first half of the 2030s, in a significant step towards the transition away from fossil fuels."There is a technical agreem
Hydropower Plant
2024-04-29
Kundan Green Energy Gets 42 MW Hydropower Project in Uttarakhand
Kundan Green Energy on Monday said it has secured approvals for setting up a 42 MW hydropower project at Okhali in Uttarakhand.The Okhali project is part of an agreement with the Uttarakhand government signed last year to develop a total of 80 MW greenfie
Hydropower Plant
2024-04-29
4 More HPPs to Be Commissioned in Azerbaijan's Kalbajar
In order to accelerate the transition to green energy, reduce the amount of carbon dioxide emitted into the atmosphere, conserve natural gas, and produce ecologically clean energy, complex works are being carried out by AzerEnergy in the liberated Kalbaja
Solar Power Plant
2024-04-29
Singapore Developer Planning 1 GW of Solar in Australia
Cambridge JMD Australia has lodged a development application with Queensland’s Burdekin Shire Council to build a 300 MW solar farm in Upper Haughton.The developer said the proposed AUD 650 million ($426.5 million) Cambridge Solar Farm is to be t
Nuclear Power Plant (NPP)
2024-04-29
Kenya Starts Hunt for Best Tech in Push for Nuclear Energy
NuPEA CEO Justus Wabuyabo (left) with China's National Nuclear Corporation Overseas Ltd president Wang Yongge during a meeting in Beijing, China.Image: COURTESYKenya has started searching for the most secure and safest technology as it plans to pu
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China's Investment into BRI Countries Expands in Jan.-May
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Heads of State From Bahrain, Egypt, Tunisia and the Uae to Visit China
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Renewed Focus On Energy Security Prompts Nearly $2 Trillion Investment in Clean Energy Since 2020, Iea Finds
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Gazprom Greenlights $15 Billion Investment Plan to Bolster Gas Production Capacity
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Toyo Invests In Japan’s Offshore Renewable Sector
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EDF Wins 250MW in French Offshore Tender