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Oil & Gas Trade
2024-03-04
Gurbanguly Berdimuhamedov Announces Possible Turkmen Gas Supplies to Europe
Officials from Turkmenistan and Turkey signed two preliminary agreements on Friday for the Central Asian country to supply gas to Turkey and onward to Europe, deals that would aid Ankara's bid to become a regional energy hub, Nikkei Asia reports.C
Renewable Energy
2024-03-04
XI Stresses High-Quality Development of New Energy in China
Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, has stressed vigorously promoting the high-quality development of new energy in China to make greater contributions to building a clean and beautiful world.Xi made the
Renewable Energy
2024-03-04
Japan's J-Power Makes Bid for Australian Renewables Firm Genex
A J-Power power fossil fuel power plant: The Japanese power company is stepping up its overseas acquisitions as renewable power takes off.Japan's Electric Power Development on Monday lodged an 380.9 million Australian dollar ($248.69 million) bid
LNG
2024-03-04
Qatar's Bigger LNG Expansion to Squeeze US, Other Rivals
Qatar’s planned expansion of liquefied natural gas (LNG) production could see it control nearly 25% share of the global market by 2030 and squeeze out rival projects including in the United States where President Biden paused new export approval
Oil Price
2024-03-04
Several Countries Extend Oil Output Cuts to Boost Prices Amid Economic Uncertainty
The OPEC+ alliance on October 5, 2022, decided to sharply cut production to support sagging oil prices. © Michael Probest, APThe plan to extend cuts to mid-2024 comes on top of previous cuts to both oil output and exports as some of the world&
Hydrogen Production
2024-03-04
Bekaert & Toshiba Partner on MEA Technology for PEM Electrolyzers to Accelerate Green Hydrogen Production at Scale; Reducing Iridium Usage
Bekaert and Toshiba Energy Systems and Solutions Corporation entered into a global partnership which includes a strategic cooperation agreement, and a manufacturing technology license for Membrane Electrode Assemblies (MEA), a key component for Proton Exc
Carbon Emissions
2024-03-04
China Needs 10 Times Its Photovoltaic and Wind Energy to Eliminate Its CO2 Emissions
According to a simulation model, almost 6 terawatts of renewable energy will be needed for the country to reach that goal in 2060.80 percent of solar PV and 55 percent of wind power will need to be installed within a 100-kilometer radius of major load cen
LNG
2024-03-04
Philippines' Top Energy Firms Partner for $3.3 Bln LNG Facility
Three top Philippine energy firms have partnered for the first time to form a large-scale integrated liquefied natural gas (LNG) facility, the companies said on Sunday, in a deal two of them valued at $3.3 billion.Aboitiz Power (AP.PS), opens new tab and
Oil & Gas Trade
2024-03-04
Iran to Reach 1.3 Bcm of Gas Output a Day in Five Years, Minister Says
Iran's gas output will reach 1.3 billion cubic metres (bcm) per day in five years, Iran's Oil Minister Javad Owji said on Sunday according to the semi-official Student News Network, up from 1.07 billion cubic metres per day currently.To &q
Solar Power Plant
2024-03-02
Saudi Arabia Is Building a 70 Million Euros Worth Solar Power Plant in RS
The Prime Minister of the RS, Radovan Višković, signed a memorandum today in Banja Luka with the Masco group from Saudi Arabia, which should build solar power plants in Bijeljina.At the press conference that took place after the signing of the
Electric Vehicles
2024-03-02
Tesla & BYD Cut Prices Further in China!
The electric car market in China is getting hotter and hotter, and more and more competitive. The big dog in the market is BYD, while Tesla’s Model Y and Model 3 are routinely at the top of the model sales chart. Searching for more sales, BYD an
Hydropower Plant
2024-03-02
Fourth Turbine-Generator Unit of Uch-Kurgan HPP to Be Repaired in 2024
The turbine-generator unit #4 of the Uch-Kurgan hydropower plant will be sent for repair since March 5 as part of rehabilitation of the plant, the Ministry of Energy reported.Rehabilitation of the Uch-Kurgan hydropower plant is financed by the Asian Devel
Geothermal Power Plant
2024-03-02
Mitsubishi Heavy Industries Invests in Fervo Energy, a US-Based Enhanced Geothermal System Startup
Mitsubishi Heavy Industries, Ltd. (MHI) announced that it has invested in Fervo Energy (Fervo), an innovative enhanced geothermal technology startup company headquartered in Houston, Texas. The investment has been executed through Mitsubishi Heavy Industr
Nuclear Power Plant (NPP)
2024-03-02
Fourth Barakah Unit Starts Up
The Emirates Nuclear Energy Corporation has announced the successful start-up by its operating and maintenance subsidiary Nawah Energy Company of the fourth unit at the Barakah nuclear power plant in the United Arab Emirates.(Image: Nawah)The start-up of
Geothermal Power Project
2024-03-02
Environmental Permit Granted for Dora-5 Geothermal Power Project in Aydin, Türkiye
MEGE Dora-1 geothermal power plant (source: MEGE)The decision has been granted that an Environmental Impact Assessment (EIA) process is not required for the 19.8-MW Dora-5 geothermal power plant in the Kosk district of Aydin, Türkiye. This decisi
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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