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Oil Price

Oil Prices up on Tighter OPEC Supply, US Jobs Data

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices rose on Wednesday as supplies from Russia and OPEC members tight…

Electricity Trade

China’s Richest Regions Cut Electricity Prices to Protect Industries

More Chinese regions are cutting electricity prices to help out their embattled industries, which is likely to worsen the squeeze on profits at power suppliers.…

Oil & Gas Trade

Austria’s OMV Agrees to Supply Romanian Gas to Germany, Sources Say

The logo of Romanian integrated oil company OMV Petrom is pictured outside its headquarters in Bucharest, Romania, March 28, 2019.Austria's OMV has struck a…

Wind Power Project

Wind Britain’s Top Electricity Source in 2024

Wind turbines are seen in the sea from the Marsden Beach in South Shields, Britain, August 11, 2024.Wind power was Britain’s largest source of electricity…

Power Construction

Syria to Receive Electricity-Generating Ships From Qatar and Turkey

A view shows electricity pylons in Kiswah, Damascus suburbs, Syria September 8, 2021.DUBAI - Syria will receive two electricity-generating ships from Turkey and…

LNG

Seaboard Marine Adds Third LNG-Powered Newbuild to the Fleet

With 247.9 meters in length and a capacity of 3,500 TEU and over 1,000 refrigerated container plugs, Seaboard Verde will serve ports across the Americas, includ…

Hydropower Plant

Power Firm Backed by Indonesian Billionaire Anthoni Salim to Build $700M Hydropower Plant in Singapore

A power plant operated by PacificLight Power in Singapore.PacificLight Power, backed by Indonesian billionaire Anthoni Salim, has won a contract to build a SGD1…

Wind Farm

All Turbines Installed at 96-MW Offshore Wind Farm in S Korea

CIP offshore wind farm off the coast of Germany.Copenhagen Infrastructure Partners (CIP) said on Monday that turbine installation has been successfully complete…

Renewable Diesel

Malaysia’s End-December Palm Oil Stocks Decline for Third Straight Month on Lower Output

Malaysia’s palm oil inventories are forecast to fall in December, for a third consecutive month, amid declining production due to recent heavy rainfall th…

Oil Price

Oil Prices Extend Losses, Firmer Dollar and Supply Outlook Weigh

Models of oil barrels and a pump jack are displayed in front of a rising stock graph and "$100" in this illustration taken February 24, 2022.Oil prices extended…

Oil & Gas Trade

US Gulf Coast Fuel Oil Imports Hit Record Low as Latam Deliveries Slow

A view of the state oil company Pemex's Olmeca refinery in Dos Bocas, Paraiso, Mexico June 21, 2024.Fuel oil deliveries into America's largest refining …

Oil Price

Oil Prices Ease as Weak Economic Data Offsets Higher US Winter Storm Heating Demand

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices eased in volatile trade on Monday as some bearish economic news …

Natural Gas

Canada’s Suncor Says Oil and Gas Production Rose in Fourth Quarter

Suncor Energy facility is seen in Sherwood Park, Alberta, Canada August 21, 2019.Canadian oil and gas company Suncor (SU.TO), opens new tab said on Monday it sa…

Photovoltaic （PV）

MDAs Spent N22bn on Solar Installations in 2024 – Report

Federal ministries, departments, and agencies collectively spent a total of N22,782,065,914.14 on various solar power installations across Nigeria in 2024.The e…

Natural Gas

Ukraine Is Increasing Gas Production for the Second Year in a Row.

According to industry experts, in 2024 Ukraine increased gas production by 2.2% – to 19.12 billion cubic meters. The production growth rate in 2024 was hi…