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Oil Field

SK Innovation’s Oil Exploration Subsidiary Continues to Expand Southeast Asian Businesses

SK Earthon's crude oil production platform operates at the Lufeng 12-3 oil site in block 17/03 located in South China Sea.SK Earthon, an oil exploration sub…

Wind Turbine

Former Coal Mining Community in Line for £11M Windfall

Former Scottish coal mining communities are to share in an £11 million windfall from a new wind farm development.A Memorandum of Understanding (MoU) has b…

Electricity Trade

India’s 2024 Power Output Growth Is Slowest Since Pandemic, Data Shows

Men walk past electric pylons in Little Rann of Kutch in the western Indian state of Gujarat March 2, 2014.India's electricity generation grew at its slowes…

Nigeria

Seplat to Revive 400 Idle Oil Wells, Set to Hit Over 120,000 BPD After Buying Mobil Assets

Nigeria’s Seplat Energy plans to revive 400 idle oil wells to meet its over 120,000 barrels per day crude production in the coming months, the company’s top m…

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 …