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OPEC
OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period
Global oil demand is projected to reach 120.1 million barrels per day (mb/d) by 2050, while energy demand will rise 24% during the same period, said the Organiz…
Wind Power Project
EIB Backs 1,440 MW Polish Offshore Wind Projects
On 6 November, the European Investment Bank (EIB) approved the financing for the Bałtyk 2 and Bałtyk 3 offshore wind projects in Poland, being developed by Po…
LNG
Angola Plans More Multi-year Oil And Gas Licensing Rounds To Boost Production
Angola plans to repeat its multi-year licensing round for oil and gas acreage starting in 2026, reportedReuters, citing a senior government energy official.This…
Nuclear Power Plant (NPP)
Poland To Cooperate With Japan And The Netherlands On Nuclear
A memorandum of understanding on cooperation on nuclear energy was signed by Marzena Czarnecka, Poland's Minister of Industry, and Shinji Takeuchi, Japan…
Electric Vehicles
Toshiba and Mikroe Develop a Safety-Focused Automotive Gate Driver Board for Brushless Motors
Toshiba Electronics Europe GmbH has partnered with MIKROE to integrate its robust TB9083FTG gate-driver IC into the Brushless 30 Click, a compact add-on board f…
Solar Power Plant
EBRD to Provide France's Voltalia With $54.6 Mln to Build Solar Power Plant in Uzbekistan
The European Bank for Reconstruction and Development is organizing financing of $54.6 million for Sarimay Solar, a subsidiary of France's Voltalia, which is…
Power Construction
EDF in Talks With Providers to Power 1GW Data Centres in France
Électricité de France (EDF) is currently in discussions with three providers to source power for their 1GW data centre projects in France, as reported by Reut…
Norway
Höegh Evi, Port Of Port-la Nouvelle To Develop Floating Terminal For H2 Imports
As informed, the hydrogen will be imported from producers located in the Middle East, North Africa and the Americas.The partners believe that the new terminal w…
Carbon Neutrality
Shanghai Unveils Green Shipping Plan as New Emissions Rules Loom
The government in Shanghai wants to convert the world’s busiest port into a center for greener shipping.China’s biggest city aims to build its capacity to sup…
Distributed Grid
UK Power Hits 11-Month High as Reliance on Europe Reaches Record
UK power prices jumped to their highest in almost a year as the country imports electricity from Europe at record levels.The day-ahead price for delivery Tuesda…
Oil & Gas Trade
South Africa Oil Group Seeks to Amend New Law to Woo Investors
Some oil explorers are not satisfied with South Africa’s long-awaited rules for the industry that were signed into law last month by President Cyril Ramap…
Oil & Gas Trade
Saudi Arabia’s Wafi Energy Holding buys majority stakes in Shell Pakistan
Dubai: Saudi Arabia’s Wafi Energy Holding acquires a majority stake in Shell Pakistan following Shell Petroleum Co., a subsidiary of global Shell plc, com…
Oil & Gas Trade
Exxon, Chevron Top Q3 Profit Expectations As Us Oil Output Hits Record High
U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil …
Germany
Iron Could Be The Answer To Germany’s Hydrogen Requirements Shows Report
A report released by DNV on behalf of the Climate Neutrality Foundation shows that the production of hydrogen from iron could be a promising, cost-effective way…
Offshore Wind Power
Petrobras To Start Major Offshore Wind Measurement Campaign Using Brazil-made Floating Lidars
The company will invest BRL 60 million (approximately EUR 9.6 million) in the new measurement campaign which follows a one-year deployment of the first floating…
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