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Crude Oil

Iraq Pledges to Deepen Oil Output Cuts in August, September

Iraq said on Friday it would cut its oil production by another 400,000 barrels per day in both August and September to compensate for its overproduction in the …

Oil & Gas Trade

US Slashes Nigerian Oil Imports by 11.67m Barrels

The United States slashed its imports of Nigerian crude oil to 9.37 million barrels in the first five months of this year, 11.67 million barrels lower than what…

Wind Power Project

Australia Adopts Policy for Development of 1.2GW Wind Project

The project could generate its first electricity by 2023.

Coal Trade

Japanese Business Lobby Pushes Coal-Friendly Policy

A study revealed that it has undermined the country’s climate change efforts.

Energy Storage Battery

Rolls-Royce Expands Battery Container Production

Rolls-Royce’s business unit Power Systems is increasing its capacity for producing battery containers.

Gas turbine engine

Kawasaki Gas Engine and PBST Achieve World’s Highest Class Efficiency

Kawasaki Heavy Industries’ new type KG-18-T gas engine, equipped with German air management specialist, PBST’s two-stage-turbocharging ‘ECOCHARGE’ system.…

Power Construction

GE Secures $1.2bn of Power Contracts from Iraq Power Ministry

The Government of Iraq has awarded two power generation and transmission contracts, valued at more than $1.2bn, to General Electric.

Energy Storage Battery

‘First mover’ Key Capture Energy putting 200MW of LFP batteries online in Texas

Key Capture Energy will build three large-scale energy storage systems to participate in Electricity Reliability Council of Texas energy markets

Geothermal Power Plant

Current Crisis Could Slow Down Geothermal Development in Italy for the Next Two Years

Before the arrival of the pandemic the geothermal sector – for the production of electricity as well as heat – was in great shape in Europe and in the world.…

Geothermal Power Plant

Zorlu Energy Acquires Two Geothermal Exploration Licenses in Agri, Turkey

Zorlu Enerji has acquired two geothermal resource exploration licenses in Agri, Turkey, through a tender by the local administration.

Market Analysis

Europe’s Biggest Coal Nation Could Soon Go Nuclear

Every severe economic crisis shakes the basic foundations of seemingly mainstream policies and ideas and makes one wonder whether the recession’s impact could …

Solar Power Plant

China Three Gorges Enters Spanish Solar Market with X-Elio Deal

China Three Gorges is to enter Spain’s solar fray through the purchase of a 500MW portfolio from developer X-Elio.

Wind Farm

Japan Wind Giant Starts Spinning

Japan’s largest onshore wind farm has started commercial operation, following a two and a half year construction phase.

Australia

After Abandoning Coal, Suncorp will Phase Out Oil and Gas Financing

One of Australia’s largest insurers Suncorp has announced a significant retreat from fossil fuels, declaring it will not directly finance or insure new oil and…

Poland

Europe’s Biggest Coal Nation Could Soon Go Nuclear

Every severe economic crisis shakes the basic foundations of seemingly mainstream policies and ideas and makes one wonder whether the recession’s impact could …