Ai

Wind Farm

Thai Power Firm GPSC Invests $500 million for 25% of Taiwan Wind Farm

Thai energy company, Global Power Synergy Pcl, on Thursday said it had acquired a 25% stake in a Taiwanese offshore wind farm for $500 million.

Nuclear Power Plant

Japan Mulls Extending Maximum Nuclear Reactor Lifespan Beyond 60 Years

Japan is considering extending the maximum service period for its nuclear reactors beyond 60 years due to anticipated public opposition to the construction of n…

Oil Price

OPEC Sees World Oil Demand Reaching Pre-Pandemic Level in 2022

OPEC said that that demand next year would rise by 3.4% to 99.86 million barrels per day, averaging more than 100 million bpd in the second half of 2022.

Oil Pipeline

China & Nord Stream-2 Top Agenda As Biden Meets Merkel

The two sides are hoping to mend deeply strained relations ahead of Germany's election in ten weeks.

Market Analysis

Japan's Solar Power Generation Costs will be Lower than Nuclear Power by 2030

Trade and Industry of Japan a few days ago, the cost of photovoltaic power generation in 2030 ranges from 8 yen per kilowatt-hour to less than 12 yen, which is …

Oil Refinery

China's Crude Oil Runs Hit Record Highs in June

China's crude oil throughput hit a record high in June, rising 3.9% on a daily basis from the previous record set in May as more refineries resumed operations a…

Hydropower Plant

Serbia to Invest 380 mln Euro in Djerdap Hydropower Complex - President Vucic

Serbia plans to invest 380 million euro in the overhaul of the Djerdap hydropower complex, on the Danube, in the next ten years, President Aleksandar Vucic said…

Coal Production

EIA Says U.S. 2020 Coal Output Lowest Since 1965

The Energy Information Administration on Wednesday said U.S. coal production fell in 2020 to its lowest level since 1965 due to low global demand in the wake of…

Hydrogen Project

Carburos Metálicos Joins New Group to Support Hydrogen Value Chain in Spain

Carburos Metálicos is set to join the Chair for Hydrogen Studies at Universidad Pontificia Comillas, Spain, in which the group will study the potential of hydr…

Oil Refinery

Iraq Signs Al Faw Refinery Deal with China's CNCEC

Iraq has decided to award a long-awaited contract to build a new 300,000 b/d integrated refining and petrochemicals complex on the southern Al Faw peninsula to …

Nuclear Power Plant

UAE’s Nawah and Westinghouse Signs Support Agreement for Barakah Nuclear Energy Plant

Nawah Energy Company, the Emirates Nuclear Energy Corporation’s Joint Venture nuclear operations and maintenance subsidiary announced in a statement that it ha…

Oil Price

Oil Prices Drop After Saudi-UAE Reach Output Compromise

The deal between the two Gulf producers means that members of the Petroleum Exporting Countries (OPEC), Russia and other producers, a group known as OPEC+, will…

Nuclear Power Plant

Hualong One: Karachi K-3 Unit Containment Test Completed Successfully

The pressure of the containment of the Hualong One overseas K-3 unit dropped to atmospheric pressure, and the 0-meter personnel gate opened, marking the success…

Coal Mine

Zhengzhou Coal Mining Machinery's First Large Set of Equipment Exported to Turkey

On July 12, the World-Energy was informed that the Chinese ocean-going container ship carrying the company's first large set of coal mining equipment had depart…

Power Construction

Burns & McDonnell, Entergy Start Aerial Work to Build 230-kV Transmission Line Through Louisiana Marshes

Engineering, procurement and construction firm Burns & McDonnell has finally started work to build an oft-delayed, terrain-challenged 16-mile electric transmiss…