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Oil & Gas Trade

Illicit Oil Exports Cost Iran Billions In Lost Revenues

The actual amount of oil that it sold in this period should have brought $6 billion to the government. In fact, it earned only 10 percent of the real value of t…

Crude Oil

Saudi Arabia’s Crude Oil Exports Dropped in H1 by 20%

Saudi Arabia could not ship more crude oil in the first half as it voluntarily restrained output under OPEC+ production-cut agreement; however, high oil prices …

Market Analysis

China's Power Generation Increases 13.2% in Jan-July

China's power generation continued to see double-digit growth in the first seven months of 2021, with power generated by clean energy growing rapidly.

Energy Storage Project

Recurrent Energy and PG&E Sign Long-Term Energy Storage Agreement

The 350 MW/1400 MWh Crimson project will be one of the largest battery energy storage projects in the world when it comes online beginning in summer 2022.

Geothermal Power Plant

Ormat Wins Contract for Polaris Geothermal Project

Ormat Technologies has signed a contract with POLARIS INFRASTRUCTURE to supply a 10 MW geothermal power plant.

Oil Pipeline

Just 15 km of Nord Stream 2 pipeline to Go, Says Putin

he $11 billion project doubling the capacity of the first Nord Stream pipeline to 110 billion cubic metres a year has been a focal point of tensions between Mos…

Oil & Gas Supply

Oil Company Stops Supplying Lebanon with Petrol

Coral Oil Company, operating in Lebanon since 1926, said the "unprecedented" halt to its operations comes as its current stocks run dry

Hydrogen Project

China Ratifies 1.85-GW Solar, 370-MW Wind Project for Green Hydrogen

This power project will produce 66,900 tons of green hydrogen a year.

Solar Power Plant

Kosovo’s* Coal Plant Operator KEK Plans Solar Power Plant of 100 MW

KEK said it would develop infrastructure for the production of green energy, including a solar power plant of 100 MW.

Hydrogen Project

Siemens Wins €100m for Offshore Wind Hydrogen Project

H2Mare aims to integrate an electrolyzer into the turbine

Wind Power Project

AES Signs 160MW Wind Deal with Brazil Food Giant

Developer will set up a joint venture with BRF to construct the Cajuina complex due online in 2024

Solar Power Plant

Pacifico Energy Begins Construction of 121 MW PV Park in Japan

The solar farm will be installed at Sanda City in Hyogo prefecture, built mainly on an existing golf course.

Energy-Eficient Building

Egypt to Replace 1.5 million Streetlights with Energy-Saving Alternatives

Conversion will take place over the 2021/2022 fiscal year and will cost 201 million Egyptian pounds

LNG

Brazil June Gas Demand up on Power Generation

Brazil's natural gas consumption rose by 16.5pc in June, led by a surge in demand for power generation as drought slashed hydropower capacity.

LNG

Post-COVID-19 Recovery of LNG Market: What’s Next?

The global economy is cautiously walking away from the shadow of the unprecedented challenge of the COVID-19 pandemic.