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Oil & Gas Trade

Brazil's Petrobras to Invest $102 Billion in Next Five Years

Jean Paul Prates, CEO of Brazil's state-run oil company Petrobras, speaks during a news conference at the Petrobras headquarters in Rio de Janeiro, Brazil M…

Solid-State Batteries

Sax Power unveils plug-in 5.8 kWh lithium iron phosphate battery

German battery supplier Sax Power has developed a new lithium iron phosphate (LiFePO4) storage system for residential applications. The company said it launched…

Electric Vehicle Battery

Volkswagen Is Getting Closer to Cell-To-Pack (c2p) EV Batteries

Volkswagen Group China has begun producing battery systems at a new factory in Hefei, China for its MEB platform EVs in the country. The initial capacity of the…

Electric Vehicle Charging

Fast Charge With Frites: McDonald's in France Gets 150-200KW EV Chargers

McDonald’s, or McDo as the French say, is installing 2,000 new fast charging points across 700 car parks in France by 2025. Each McDonald’s charging…

Oil Price

China Oil Demand Growth Poised to Slow to Around 4% In H1 2024 -Analysts

Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song/File Photo Acquire Licensing RightsChina's oil …

Oil Price

Oil Down More Than 1% As Uncertainty Swirls Over Delayed OPEC+ Meeting

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Picture taken November 22, 2019. REUTERS/Ang…

Nuclear Power Plant (NPP)

Last Fuel Assembly Unloaded at Kursk Unit 1

The first stage of decommissioning of the Kursk nuclear power plant's first unit has been completed with the last used fuel assembly unloaded from the react…

Offshore Wind Power

Metsähallitus, Vattenfall Expand Finnish Offshore Wind Project, Increase Capacity to 2 GW

Metsähallitus and Vattenfall have agreed to expand the Korsnäs offshore wind farm in Finland so that the new project area will allow for an increased …

Geothermal Heating Project

Sinopec Reports 15% Growth in Geothermal Heating Capacity for Winter

Winter sunshine at International Sculpture Park, Beijing, China (source: Caitriana Nicholson / flickr, Creative Commons)The China Petrochemical Corporation (Sin…

United Kingdom

SSE to Provide Optimisation and Trading Services for 373.5mwh BESS

Pacific Green Technologies is building the Sheaf Energy Park in Kent, UK. Image: Pacific Green.SSE Energy Solutions has entered into an optimisation and trading…

Oil & Gas Technology

Capital Power acquires two natgas-fired power plants in U.S. for $1.1 bln (Nov. 20)

Canadian energy company Capital Power (CPX.TO) said on Monday it was acquiring two U.S.-based natural gas-fired generation facilities in California and Arizona …

Oil&Gas Drilling

Brazil Agency to Rule if Petrobras Can Drill Near Amazon Mouth by Early 2024

A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Phot…

Oil & Gas Supply

Venezuela Producing 850,000 Bpd of Oil, Hopes to Recover Market Share in US

Workers stand in front of a drilling rig at an oil well operated by Venezuela's state oil company PDVSA in Morichal July 28, 2011. REUTERS/Carlos Garcia Raw…

Offshore Wind Power

BP, Corio Plan to Invest Over $1 Billion in South Korea Wind Farms -Ministry

South Korea's Ministry of Trade, Industry and Energy said on Wednesday British-based offshore wind firm Corio Generation and BP PLC (BP.L) have submitted in…

Microgrid

Britain to Speed up Grid Connection for New Power Projects

Electricity pylons and a cooling tower from Eggborough power station are seen above a farmers' field in Kellingley, Britain August 1, 2018. Picture taken Au…