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Crude Oil
Fitch Sees Brent At $45 Next Year
Fitch Ratings said it expected Brent crude to average $45 a barrel next year, following OPEC+’s decision to start raising production by 500,000 bpd monthly fro…
Wind Turbine
Goldwind Completes Turbine Job at 312MW Oz Wind
Goldwind Australia has completed installation of 104 turbines at the 312MW Moorabool wind farm in the state of Victoria.
OPEC
Kazakhstan Supports Consensus in OPEC+ Agreement
The OPEC + countries decided to increase the supply of oil in January 2021 following a ministerial meeting of the organisation, which was held via videoconferen…
Offshore Wind Power
France Picks Zone off Normandy Coast for New 1 Gigawatt Wind Farm
The planned windfarm will be located 32 km off the shore of Cotentin and generate the electricity needed to power 800,000 homes.
Solar Power Plant
Ukraine Moots 895 MW of New Solar to 2025
If a call by the Ministry of Energy to procure 155 MW of solar next year is adopted, a first, 50 MW auction would be held in June.
Floating Solar Project
Dutch Meld Offshore Floating Solar with Seaweed Cultivation
The combined offshore solar and seaweed farm has been installed at the North Sea Farmers test site, located 12 kilometres off the coast of Scheveningen.
Floating Offshore Wind
Global Floating Wind Energy Market to Record a 2000-Fold Increase by 2050
A new report forecasts that with the right drivers in place, the installed capacity of floating wind energy will grow from the existing 100 MW to 250 GW in 2050…
Kazakhstan
Kazakhstan to Create Oil and Gas Engineering Development International Centre
An International Center for the Development of Oil and Gas Engineering will be created in Kazakhstan, the office of the Kazakh prime minister said on December 1…
Crude Oil
Sudan's Oil Reserves Estimated at 6 Billion Barrels: Sudan's Energy Ministry
The ministry's oil chief also revealed that "the country currently produces 60,000 barrels per day, and is expected to reach 80,000 barrels per day in 2021."
Oil & Gas Trade
Alaska’s Oil Exports Double Amid Strong Chinese Demand
While demand from U.S. West Coast refiners has been subdued, overall Chinese crude oil imports have held strong during the COVID-19 wave in China early this yea…
Natural Gas
Argentina Draws 16 Bids for Subsidized Gas Supply
Argentina received bids from 16 companies in a path-breaking auction to supply more than 70mn m3/d of natural gas at subsidized wellhead prices for power genera…
Hydropower Plant
Sarawak Energy Marks Major Milestone for 1,285-MW Baleh Hydroelectric Project
Sarawak Energy’s largest hydropower project to date, the 1,285-MW Baleh Hydroelectric Project in Malaysia, has reached a major project milestone with the succe…
Tidal Energy
Milestone for Minesto as it Delivers First Tidal Energy to the Faroese Grid
Marine energy developer Minesto has delivered electricity to the grid in the Faroe Islands, marking a major milestone for a project involving its DG100 tidal ki…
Nuclear waste
Hot Testing Continues at Chernobyl Used Fuel Storage
As of 1 December, 186 used fuel assemblies have been transported from the old used nuclear fuel storage facility to the Interim Storage Facility 2 at the Cherno…
Nuclear Power Plant
EnergySolutions Takes Over TMI-2 Licence
The TMI-2 reactor, located about 10 miles southeast of Harrisburg, Pennsylvania, operated for around six months before suffering reactor core damage on 28 March…
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