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Oil & Gas Trade
2024-07-20
Exclusive: Exxonmobil Selling Malaysia Oil and Gas Assets to Petronas, Sources Say
A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo Purchase Licensing RightsExxon Mobil Corp (XOM.N), opens new tab has agreed to sell its Malays
Oil&Gas Drilling
2024-07-19
Türkiye to Explore Oil and Gas off Somalia Coast
Türkiye has signed a deal with Somalia for hydrocarbon exploration in three blocks in the Somalian offshore.On July 18, Energy and Natural Resources Minister Alparslan Bayraktar attended the signing ceremony for the Hydrocarbon Exploration and Pr
Hydrogen Transport
2024-07-18
Aramco to Acquire 50% Stake in Air Products Qudra’s Hydrogen Business
Energy major Aramco has signed definitive agreements to acquire an equity interest in Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra (APQ).Courtesy of AramcoThe transaction, which is subject to standard clos
Electric Vehicles
2024-07-18
Tesla Claims a 95% Automated Production at Gigafactory Shanghai
Tesla claims that it is now achieving 95% automated production at Gigafactory Shanghai with recent updates.While Elon Musk disbanded Tesla’s PR team in the US, the automaker still has press departments in other markets.For example, the company&a
Solar Power Plant
2024-07-18
World’s First Dual-Tower Concentrated Solar Power Plant Boosts Efficiency by 24%
Two 650-foot-tall (200-m) towers have risen in China’s Gansu Province. Combined with an array of 30,000 mirrors arranged in concentric circles, the new facility is expected to generate over 1.8 billion kilowatt-hours of electricity every year.Wh
Electric Vehicles
2024-07-18
BYD Becomes the Largest Manufacturer of Electric Vehicles
BYD surpasses Tesla to become the world’s largest electric car manufacturer in the global automobile industry.BYD, Chinese electric car manufacturer, surpasses Tesla to become the world’s largest automaker in the production of electric
Geothermal Power Plant
2024-07-18
Philippines’ DOE Keen on Partnerships for Geothermal Derisking Facility
Tiwi geothermal steam field, Philippines (source: PGPC)The Department of Energy of the Philippines is in the process of negotiating with potential partners for a derisking facility to help develop additional geothermal energy resources in the country.This
Solar Power Plant
2024-07-18
Philippines Switches on 64 MW Solar Project
Prime Solar Solutions, a subsidiary of the Philippines-based investment firm Prime Infra, has switched on a 64 MW solar power plant in Maragondon, the Philippines.Prime Solar has signed a 50 MW, 20-year power supply agreement with Meralco, an electric pow
Nuclear Reactor
2024-07-18
Korea Eyes Further Nuclear Reactor Deals in Netherlands, Poland
Industry Minister Ahn Duk-geun, center, and KHNP President Whang Joo-ho, far left, provide a briefing on the Czech Republic's nuclear power contract on Thursday at the government complex in Sejong. [YONHAP]Korea aims to secure further multibillion
Oil & Gas Trade
2024-07-18
Iran to Receive 300 MCM of Russian Gas Daily
Iran will receive 300 million cubic metres of Russian gas daily, the official IRNA news agency reported Iran's oil minister Javad Owji as saying on Wednesday.Russian energy giant Gazprom signed a memorandum in June with the National Iranian Gas Co
Nuclear Power Plant (NPP)
2024-07-18
Exclusive: Gulf State UAE Considers a Second Nuclear Power Plant
An electric pylon supporting power cables is seen near the Western Region of Liwa near Abu Dhabi March 31, 2010. REUTERS/Jumana ElHeloueh/File Photo Purchase Licensing RightsThe United Arab Emirates is considering building a second nuclear power plant to
Nuclear Power Plant (NPP)
2024-07-18
Czechs Pick South Korea’s KHNP Over French Bid in Nuclear Power Tender
The Czech nuclear power plant is seen at Dukovany, 125 miles (200 kilometers) east from Prague, March 15, 2011. REUTERS/Petr Josek/File Photo Purchase Licensing RightsThe Czech government on Wednesday picked South Korea's KHNP to build two new nuc
Nuclear Power Plant (NPP)
2024-07-17
China’s Xudapu Nuclear Power Plant Starts Construction of New Power Unit
Construction of the No. 2 power unit at the Xudapu Nuclear Power Plant in northeast China's Liaoning Province commenced on Wednesday.With an installed capacity of 1.29 GW, the No. 2 power unit is the fourth to start construction at the power plant
Kazakhstan
2024-07-17
Eni and Kazmunaygas Announce Commencement of Construction for 250 MW Hybrid Power Plant in Kazakhstan
Source: KazMunayGasMoscow, July 17 - Neftegaz.RU. Eni and the National Company KazMunayGas (KMG) announce the commencement of construction for their joint 250 MW Hybrid Renewables-Gas Power Plant Project in Zhanaozen, Mangystau Region, Kazakhstan.This mil
Energy Storage Project
2024-07-17
Sungrow Secures 7.8 GWh Battery Storage Deal From Saudi Arabia
Image: SungrowChina-headquartered Sungrow announced on Tuesday the signing of three landmark energy storage contracts with Saudi Arabia’s investment group Algihaz Holding, amounting to the world’s largest grid-side storage order.Each p
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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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Gazprom Greenlights $15 Billion Investment Plan to Bolster Gas Production Capacity
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China Expands Investments in Wind, Hydropower and Photovoltaic (PV) Energy Amid Global Economic Slowdown
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Swedfund and IFU Invest in Renewable Energy Development in Southern Africa
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Toyo Invests In Japan’s Offshore Renewable Sector
