Energy

Coal Trade

China Approves Use of Local Coal in Three Pakistani Power Plants

China has approved the conversion of three coal-fired power plants in Pakistan from using imported coal to local coal, a move designed to lower energy costs.Sou…

Carbon Capture

Carbon Capture Storage Can Extend Fossil Energy Use: Bph Migas

Carbon capture storage (CCS) technology enables the extended use of fossil energy in Indonesia, according to Saleh Abdurrahman, a member of the Downstream Oil a…

Electric Vehicles

Tesla and BYD Are Dominating the Global Electric Vehicle Market

Tesla's gross margin has been declining every quarter since Q1 2022, but it still maintains the largest BEV market share globally.BYD is hot on Tesla's …

Nuclear Power Plant (NPP)

Hungary to Allow Nuclear Plant to Exceed Danube Water Temperature Limit

Hungary is planning to allow the temperature limit for a section of the Danube which receives cooling water from the Paks nuclear power plant to be exceeded for…

Oil & Gas Trade

Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production

A $120 million agreement with Cheiron Energy was also signed to increase oil production in the Gulf of Suez.Egypt's Ministry of Petroleum and Mineral Resour…

Pumped Storage

Tunnel Construction Starts for Forbach Pumped Storage Project

German energy company EnBW hosted a ceremonial tunnel groundbreaking event late last month, signifying the official commencement of tunnel and mining work at th…

Offshore Wind Power

US DOE Issues USD 48.6 Million Call for Offshore Wind R&D

The US Department of Energy’s (DOE’s) Wind Energy Technologies Office (WETO) has launched the Offshore Wind National and Regional Research and Devel…

Photovoltaic （PV）

Photovoltaic Solar Power Plant to Be Built in Negros Oriental, Philippines

A Chinese solar energy company has joined the Philippine government’s efforts to increase renewable energy supply capacity by building a photovoltaic (PV) proj…

Offshore Wind Power

Morocco Begins the Construction Process of Africa’s First Offshore Wind Power Plant

Morocco is looking for a consultant to carry out a feasibility study on an offshore wind energy project that could be the first in Africa.The Moroccan Agency fo…

Solar Cell

Thousands of Texans Kept the Lights on Through Beryl via Sunnova Solar + Storage Systems

While hundreds of thousands of Texans waited for their power to come back on post-Hurricane Beryl, a bevy of Sunnova customers were generating energy.Sunnova En…

Energy Storage Project

New York Drafts Updates to Its Fire Code to Address Battery Storage Growth

Governor Kathy Hochul announced updates to the New York Fire Code addressing recommendations from the Governor’s Interagency Fire Safety Working Group. Th…

Solar project

UK Solar Capacity Hits 16.9gw

New data from the UK government has shown that the UK now has 16.9GW of solar capacity online as of the end of June 2024.The latest statistics from the Departme…

Oil&Gas Drilling

US Oil/Gas Rig Count Rises in July in Biggest Monthly Hike Since Nov 2022 - Baker Hughes

U.S. energy firms this week added oil and natural gas rigs for a second week in a row, boosting the monthly count by the most since November 2022, energy servic…

Oil & Gas Trade

Mexico’s Pemex Swings to $14 Bln Quarterly Loss on Lower Sales, Currency Losses

Mexico's state-owned oil company Pemex swung to a 256 billion peso ($14 billion) second-quarter net loss on Friday, red ink the energy giant chalked up to l…

Ammonia

Saipem Sees Business Opportunities in Green Ammonia and Offshore Wind Power

Saipem, an energy company traditionally focused on oil and gas contracts, sees business opportunities in low-carbon areas such as green ammonia and offshore win…