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Crude Oil
OPEC+ Lgnores Calls For More Crude, Adds Meagre 140,000 Bpd In October
OPEC+ added just 140,000 barrels daily of crude oil last month
Electrification
COP26: New Alliance to Unlock $100bn for Renewable Electrification
The Global Energy Alliance for People and Planet will be launched today at COP26 to accelerate investment in green energy transitions and renewable power soluti…
Solar Power Plant
Leeward Turns Sod on 100MW California Solar
Rabbitbrush project includes a 20MW/50MWh energy storage system to bolster grid reliability
Tidal Energy
‘Tidal could Supply 11% of UK Electricity’
Tidal stream power has the potential to deliver 11% of the UK’s current annual electricity and play a significant role in the government’s drive for net-zero,…
Offshore Wind Power
Eni Acquires Stake in Dogger Bank C Wind Project
Eni has strengthened its presence in the UK offshore wind market by entering into an agreement with Equinor and SSE Renewables to acquire a 20% stake of the 1.2…
Nuclear Equipment
Kursk-II Receives Its First Steam Generator
The first of four steam generators has been delivered to the Kursk-II 1 construction project, Russia's first VVER-TOI reactor unit.
Oil Exploration
Equinor Makes Iits 6th Norwegian Oil Discovery of 2021
Equinor EQNR.OL has made an oil discovery estimated to hold up to 62 million barrels of crude off the coast of Norway.
Oil Price
Bank of America Expects $120 Oil by June 2022
Bank of America expects Brent crude to hit $120 a barrel by the end of June 2022.
Oil Price
Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020 on subs…
Solar Power Plant
Germany has Installed 4 GW of PV so Far this year
In June alone, new PV additions totaled 406 MW. Feed-in tariffs were reduced by another 1.4%.
Wind Turbine
Goldwind Unveils 12MW Offshore Turbine
New machine is part of a new generation of medium-speed permanent magnet smart units
Xi Urges Concrete Actions to Address Climate Change, Energy Issues
Chinese President Xi Jinping on Sunday called on the international community to take concrete actions to address climate change and energy issues.
Nuclear Power Plant
Akkuyu 4 Nuclear Reactor Obtains Construction Licence
Akkuyu is a new nuclear power plant on Turkey’s Mediterranean coast with three VVER-1200 reactors designed by Rosatom subsidiary Gidropress already under const…
Wind Farm
Amazon-Backed Wind Farm in Scotland Begins Operations
Company adds that Amazon will purchase "100% of the power output from this windfarm."
Oil Refinery
Oman’s 230,000 b/d Duqm Refinery Set for 1Q23 Start-up
Oman's 230,000 b/d Duqm refinery project is now 87pc complete and is on course to be commissioned in the first quarter of 2023
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