1

Oil Exploration

Totalenergies to Invest $1 Billion in Oil Development Offshore Brazil

(WO) — TotalEnergies has approved the final investment decision of the Lapa South-West oil development in the Santos Basin, 300 km off the coast of Brazil.offs…

Wind Turbine

Boskalis to Construct Its 100th Offshore Wind Farm off U.S. Coastline

(WO) — Boskalis has acquired the contract to construct a large offshore wind farm off the United States coastline. The Boskalis project scope includes the tran…

Electricity Trade

Drop in Power Price Predictions up to 2030 but Prices to Remain Above Pre-2021 Levels for Next Decade

New data from Cornwall Insight has shown a drop in our predictions for power prices up to 2030 as Europe secures alternative energy supplies, compensating for r…

Carbon Emissions

Africa Carbon Markets Initiative Announces 13 Action Programs

The Africa Carbon Markets Initiative (ACMI) announced 13 action programs. Steering committee members, made up of African leaders, CEOs and carbon credit experts…

Energy Storage Project

Greenko to Develop 11GWH Pumped Storage

It is investing around $1.2b for the project.Renewable energy firm Greenko is investing around $1.2b (Rs10,000) crore to install a pumped storage project with a…

Energy Security

Watch Implosion Topple Florida Coal-Fired Plant

A six-month-long project to demolish the last coal-fired unit at Lakeland Electric’s C.D. McIntosh Power Plant in Lakeland, Florida, reached a milestone o…

Qatar

Russian Gas Will Eventually Return to Europe as Nations ‘Forgive and Forget,’ Qatari Energy Minister Says

On Friday, Russian energy supplier Gazprom said it would not resume its supply of natural gas to Germany through the key Nord Stream 1 pipeline, blaming a malfu…

Hydrogen Fuel Cell Vehicle

Rolls Royce Runs Gas Engine on 100% Hydrogen

Rolls-Royce Power System says it has successfully run a gas engine on 100% hydrogen fuel.The tests were carried out using a 12-cylinder gas variant of the mtu S…

Off-Grid

Russia Shells Ukraine Thermal Power Plants, Disrupting Power Supply

Bombarded thermal power plants. Courtesy DTEK.Russia has shelled another two thermal power plants (TPPs) in Ukraine, causing exacerbated power disruption for th…

Energy&Power

The 24th China International Hi-tech Fair (CHTF2022)

The 24th China International Hi-tech Fair (CHTF2022)Theme: Scientific and technological reform drives innovation, and scientific and technological innovation dr…

Oil&Gas Drilling

New Year Sees Rousing Start to Offshore Drilling Market

NEW YORK CITY – Offshore drilling contractors have had a great start to 2023, as they have kicked off the new year with 26 rig contracts (17 jackups, 9 fl…

Electric Car

China Marks 6.9 Million Nevs Sold Over 2022

Total sales of New Energy Vehicles in 2022 amounted to 6.887 million units. This is according to statistics from the China Association of Automobile Manufacture…

Electric Car

This 240T Electric Mining Haul Truck Can Charge in 30 Minutes

A 240-tonne mining haul truck is about to be fitted with a 1.4 megawatt-hour (MWh) prototype battery system that global green energy company Fortescue has devel…

Distributed Generation

Decentralised Renewables Solutions Can Improve Healthcare Services for Almost 1 Billion People

Close to 1 billion people in low- and lower-middle income countries are served by healthcare facilities that lack a reliable electricity supply, according to a …

Oil Price

Oil Prices Expected to Average Around $90 in 2023-2027

LONDON: Brent oil prices are expected to remain around $90 per barrel throughout the next five years, according to eighth annual survey of energy market profess…