1

Crude Oil

Eni Oil Block Expected to Enter Production in Q2 2023, Ivory Coast Says

An offshore oil block in Ivory Coast controlled by Eni is expected to enter production in the second quarter of 2023 with daily output of 12,000 barrels of oil …

Crude Oil

Libya Considers Bonuses for Oil Companies to Boost Crude Output

Libya may introduce contracts with private oil companies that would give bonuses to those that meet targets and penalize those that don’t, as the OPEC member t…

Net Zero Emission

IEA Warns Coal Rebound Threatens Net Zero

Global power generation from fossil fuel is to hit all-time high of 10,350 terawatt-hours for 2021

Wind Turbine

Statkraft Lines up Nordex for 110MW Torsa

German manufacturer to deliver 19 N163/5.X units in 2022

Hydrogen Project

Australia’s Northern Territory to Host Major Green Hydrogen Project

The Northern Territory is set to host the Desert Bloom hydrogen project, which is expected to have a maximum capacity of 410,000 tonnes of hydrogen.

Wind Power Project

Acwa Power Signs $108m Power Purchase Agreement for Uzbekistan Wind Project

Company won the competitive bid, offering a tariff of 2.5695 cents per kilowatt hour for the wind farm in the Karakalpakstan region of the country

Energy Investment

Australian Resource Investment Rises in 2021

Investment in committed resource and energy projects in Australia rose in the 12 months to the end of October from a year earlier, led by increased investment i…

Natural Gas

Brazil’s Gas Production Grew in November

Available natural gas was up by 8.1pc compared to previous month's levels, according to preliminary data from Brazil's oil and gas regulator ANP.

Crude Oil

Goldman Says Oil could hit $100, Demand might Reach ‘New Record High’ in the Next Two Years

Goldman Sachs predicts a new high in oil demand in 2022, and again in 2023.

Hydrogen Project

Air Liquide, Redexis to Open 100 Hydrogen Stations in Spain

The two companies will work to deploy a network of up to 100 hydrogen stations in Spain by 2030.

Carbon Neutral

Kawasaki Heavy Aims for Domestic Carbon Neutrality in 2030 with Hydrogen Power

Japan's Kawasaki Heavy Industries said on Thursday it aims to achieve carbon neutrality in its domestic factories and offices in 2030 by using electricity gener…

Energy Storage System

Doosan Heavy Industries & Construction to Build ESS in Australia

Doosan Heavy Industries & Construction (DHIC) announced on Dec. 15 that it will build an energy storage system worth 110 billion won in Australia along with its…

Solar Power Plant

Lightsource Turns Sod on 50MW Spanish Solar

Torrubia in Zaragoza is the company’s third project in Spain to start construction in 2021

Market Analysis

Solar Panel Pros and Cons

This can add up to around 1.5 kWh per day. This energy from one solar panel is enough to fuel your kitchen appliances without problems.

Solar Power Plant

Sonnedix Japan Snaps up 16.4-MW Project from Trina Solar

Independent solar power producer Sonnedix Power Holdings Ltd said today it has acquired a 16.4-MW solar project in Japan from a unit of China’s Trina Solar Co …