News

Oil and Gas Equipment

China Sets up National Oil, Gas Pipe Firm in Drive to 'Boost Competition'

China announced on Monday the establishment of a national oil and gas pipeline company in a move intended to boost competition, the Xinhua state news agency sai…

Crude

Why Are Oil Markets Suddenly So Volatile?

The newsfeed this week has been inundated with updates on Aramco’s IPO developments. On the retail side, the Aramco IPO has reached $7.21 billion in subscripti…

Biologically Synthesized Hydrogen Research Could be Good News for Global Hydrogen Fuel Industry

American researchers may have found a more efficient and cleaner why to produce hydrogen gas.

Market Analysis

ARENA Gets Cracking on Commercial Scale Hydrogen

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) today announced a funding round of up to $70 million to help fast track t…

Thermal Plant

Turkey Postpones Environmental Requirements for Thermal Power Plants

The Turkish parliament on Thursday approved an article of an omnibus bill postponing the requirement for using chimney filters and chimney gas purification syst…

J-Power Recommits to Kidston Pumped Hydro Plan, Pending New Off-Take Deal

Genex Power has struck a new agreement with Japanese utility J-Power that renews its interest in buying ab equity stake in the Kidston Pumped Storage Hydro proj…

Ex-WEC Chair Says S. Korea Can Become Key Player in Future Energy Market

"People now say energy efficiency is the '5th energy source' in addition to coal, hydrocarbons, nuclear and renewable energy," Kim said in an interview with Yon…

Market Analysis

It's A Great News For Wind Farmers As Global Wind Speeds Are Picking Up

Research led by a team at Princeton University shows that wind speeds in northern mid-latitude regions have increased by roughly 7 per cent since 2010.

Nuclear Power Plant

Russia Tenders Work for Egypt Nuclear Power Plant

Head of the Nuclear Power Plant Authority (NPPA), Amjad al-Wakeel, told Daily News Egypt that Rosatom will float tenders for preparing the site of Dabaa nuclear…

Saudi Sakaka Solar Project to be Launched Before End of Year -State News Agency

Saudi Arabia’s Al Jouf region will launch its first renewable power project before the end of the year, according to the state news agency.

Oil&Gas Drilling

OPEC+ will Factor in Weak U.S. Output at December Meeting

Russia’s energy ministry said on Monday that OPEC and its oil-exporting allies would factor in the slowdown of U.S. oil output growth when they meet to discuss…

Nuclear Power Plant

JAPC to Get $3.22b to Reboot Nuclear Plant Near Tokyo

Japan Atomic Power Company (JAPC) might receive about $3.22b (JPY350b) from five major utility firms to reboot the idle nuclear plant Tokai No. 2 Power Station …

Oil & Gas Trade

The U.S. Will Not Give Up Control Of Syrian Oil & Gas

The United States will keep hold of oil and gas fields in eastern Syria and the Al Tanf base in the south under the plan to withdraw troops from the country, th…

Oil&Gas Drilling

Shell Egypt to Sell Western Desert Assets to Focus on Expanding Offshore Gas Projects

A source in the oil sector told Daily News Egypt, that Shell has begun to exit globally from the activity exploration and production in onshore areas, to focus …

Nuclear Power Plant

France is Preparing to Build New Nuclear Power Plants

It is clear that France is preparing to build new nuclear power plants, Jean-Bernard Levy, Chief Executive of state-controlled utility EDF (EDF.PA), said in an …