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Thermal Plant
Maibarara Geothermal Plans Up to 30 MW Expansion Capacity
Capacity expansion of 10 to 30 MW for the Maibarara geothermal project in the Philippines is planned within the next three or four years.
Nuclear Reactor
Chinese SMR Containment Takes Shape
The lower section of the steel containment shell has been installed for the ACP100 small modular reactor (SMR) demonstration project at the Changjiang nuclear p…
Chevron Is Buying Renewable Energy Group for $3.15 Billion
Chevron will buy the biofuels company Renewable Energy Group for $3.15 billion, the companies announced on Feb. 28.
Decarbonising Industry Can Be ‘Mission Possible and Profitable’
Decarbonising hard-to-abate sectors of industry will take a programme of co-ordination, investment and policy on a scale not seen since Europe’s post-war recov…
Oil Price
Can African Oil Producers Take Advantage of Increasing Oil Prices?
Russia's invasion of Ukraine has pushed the price of oil to over $100 per barrel. But, it's also opened an opportunity for African oil producers like Nigeria, A…
Oil Price
Oil Could Jump Back Above $100 as Traders Assess Russia SWIFT Ban
A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a barrel as …
Smart Meter
E.ON Reaches 100,000 Smart Meter Milestone in Germany
E.ON reports Germany’s smart meter rollout is still sluggish and the country is lagging others in Europe such as Sweden and the UK.
Offshore Wind Power
Germany Invites Tenders for 1 GW Offshore Wind Farm in North Sea
The last date for bid submission is September 1 and the project will be completed by 2027.
Australia
Australia’s Squadron Plans $2.2bn Renewables Project
Australian energy firm Squadron Energy plans to build a A$3bn ($2.15bn) wind, solar photovoltaic (PV) and battery project in Queensland.
Carbon Emissions
China Sees Biggest Growth in Energy and Coal Use Since 2011
China recorded its biggest increase in total energy consumption and coal use in a decade in 2021, as the economy recovered from COVID-19 slowdown a year earlier…
Natural Gas
Gas Prices Soar Amid Crisis In Ukraine
The crisis in Ukraine is pushing gas prices higher around the world. Home heating oil is up 56% and gasoline now averages $3.51 per gallon, up from $2.63 a year…
Electricity Transmission
Xinjiang's Electricity Transmission Volume Tops 500B kWh
Xinjiang Uygur Autonomous Region in northwest China has transmitted a total of 503.7 billion kWh of locally-generated electricity to other parts of the country …
Natural Gas
Saudi Arabia Announces Discovery of Five Natural Gas Fields
Saudi Arabia’s state oil company discovered five new natural gas fields across the kingdom that can produce over 100 million cubic feet per day in total, as th…
Nord Stream 2
Germany's E.ON Rejects Halting Nord Stream 1 Pipeline
E.ON, Europe's largest operator of energy networks, rejected demands to shut down the Nord Stream 1 gas pipeline as part of sanctions against Russia for invadin…
OPEC+ Trims Forecast for 2022 Oil Market Surplus in Latest Data
OPEC+ revised down its forecast for the 2022 oil market surplus by about 200,000 barrels per day (bpd) to 1.1 million bpd, according to a base scenario in a tec…
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