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Oil&Gas Drilling
2024-10-28
Prima Rejuvenating Oilfield Offshore Indonesia
Prima Energy has kicked off a development drilling campaign aimed at boosting production from its mature Camar field offshore East Java, Indonesia.The Indonesian operator is drilling two new wells – Camar West-1 and -2 on the Camar field, which
Battery
2024-10-25
Tier 1! Risen Energy Storage Recognized On Bloombergnef's Global Tier 1 List
Energy StorageOn October 23, 2024, BloombergNEF (BNEF) released its Q4 2024 Global Tier 1 Energy Storage Manufacturers list, where Risen Energy Storage has once again been recognized as a Tier 1 global energy storage manufacturer. This distinction highlig
Tidal Energy
2024-10-24
OceanX Unveils Key Insights From Malaysia Marine Mission
OceanX recently completed a 16-day mission to study marine ecology and coastal ecosystems off Pahang, Malaysia. The OceanX Malaysia Mission 2024, aboard the advanced OceanXplorer vessel, explored the waters around Tioman Island and the South China Sea.Con
Oil & Gas Supply
2024-10-24
Cop29 Host Azerbaijan Set For Major Fossil Gas Expansion, Report Says
Azerbaijan’s climate action plan was rated ‘critically insufficient’ by Climate Action Tracker in September.Photograph: Sergei Grits/APAzerbaijan, the host of the Cop29 global climate summit, will see a large expansion of fos
Oil&Gas Drilling
2024-10-24
Petro Matad Set To Start Oil Production From Heron-1 Well In Mongolia This Week
Petro Matad, a Mongolia-based oil exploration company, has announced its schedule for the commencement of oil production at the Heron-1 well within the Block XX production sharing contract area in eastern Mongolia.The company has completed site constructi
LNG
2024-10-24
I Squared Capital To Acquire Philippines Coastal Terminal
ISquared Capital has agreed to acquire Philippines Coastal Storage & Pipeline, including its affiliate entities, Keppel Infrastructure Trust, Singapore and Metro Pacific Investment.The acquisition will proceed through the ISQ Global Infrastructure Fun
Nuclear Technology
2024-10-23
Bangladesh / Reactor Assembly Complete For Country’s First Nuclear Unit
Russia has completed assembly of the reactor for Unit 1 of the Rooppur nuclear power station under construction in Bangladesh, state nuclear corporation Rosatom said in a statement.Workers from Rosatom subsidiaries have installed the reactor internals and
Oil & Gas Supply
2024-10-23
India's Diesel Consumption To Rise 3%-4% In Current Fiscal Year, Says Indian Oil Chair
A worker fills diesel in a container at a fuel station in Kolkata, India, February 1, 2018. REUTERSIndia's annual diesel consumption is expected to rise by 3%-4% in the current fiscal year to March 31, said V. Satish Kumar, chairman of Indian Oil
Photovoltaic (PV)
2024-10-23
Saudi Arabia’s 3.7 GW Solar Tender Attracts Lowest Bid Of $0.0129/kwh
Saudi Power Procurement Co. (SPPC) announced this week the shortlisted bidders for the final phase of the fifth round of the Saudi Arabian government's National Renewable Energy Program (NREP).The tendered PV plants include the 2 GW (AC) Al Sadawi
Oil & Gas Trade
2024-10-23
Top U.S. LNG Exports: China's Gas Demand Is Booming
Chinese demand for natural gas is set to jump by more than 50% by 2040, from 400 billion cubic meters (bcm) now to more than 600 bcm, according to an executive at the top U.S. LNG exporter, Cheniere Energy.There’s no doubt that gas demand growth
LNG
2024-10-23
Brazil Mulls LNG Imports Into Early 2025 as Hydro Shrinks
Gas buyers in Brazil are inquiring about potential purchases of global shipments well into the first quarter as persistently dry weather threatens hydropower generation.The country will need five or more cargoes of liquefied natural gas a month from Janua
Wind Farm
2024-10-23
Cathay Financial To Invest Nt$27.32 Billion In Taiwan Wind Farm Development
Cathay Financial Holdings said on Tuesday (Oct. 22) it will invest NT$27.32 billion (US$900 million) in a wind farm project off Changhua County.Taiwan’s government has been incentivizing the private sector to invest in renewable energy developme
LNG
2024-10-23
Chinese Player Entrusted With Flagship FLNG Project Unlocking ‘Stranded’ Offshore Gas Fields in Oceania
Wison's existing 1.3 mtpa FLNG model (for illustration purposes); Source: Wison New EnergiesWison New Energies (WNE), a China-based provider of clean energy services, has picked up a new assignment with Kumul Petroleum Holdings Limited (KPHL) rela
Offshore Wind Power
2024-10-23
Lucky Cement Completes 28.8mw Captive Wind Power Project
Lucky cement factory can be seen in this image. — Lucky Cement website/FileLucky Cement has announced the completion and commissioning of its 28.8 MW captive wind power project at the company’s Karachi plant. The project, successfully executed w
Hydrogen Project
2024-10-22
Woodside and Keppel Move Forward With Liquid Hydrogen Supply Deal
Australia-based energy company Woodside and Singapore-based asset manager and operator Keppel have signed a conditional offtake term sheet for the supply and purchase of liquid hydrogen aimed at powering Keppel’s data centers in Singapore.The te
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China's Investment into BRI Countries Expands in Jan.-May
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E.ON Plans to Invest $30bn in Energy Transition by 2026
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