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Crude Oil
Peru Crude Production at Historic Low in Sept
Peru's crude production fell to a historic low of 29,165 b/d in September, less than half the level of 12 months earlier, according to data from hydrocarbons re…
Crude Oil
Opec Sees Oil Demand Peak Around 2040
World crude demand will make a strong post-Covid-19 recovery in 2021-2023 but will peak somewhere around 2040, Opec said in its World Oil Outlook.
Vietnam
Vietnam Gets Bids for Dung Quat Refinery Expansion
Vietnam's Binh Son Refinery has received bids for a $1.8bn upgrade and expansion project that will increase capacity at its 145,000 b/d Dung Quat refinery by ar…
Netherlands
Ørsted to Pioneer Netherlands Green Ammonia Project Powered by Hydrogen and wind
Norwegian chemical company Yara and Danish energy giant Ørsted have joined forces to develop a 100MW wind-powered electrolyser plant for renewable hydrogen pro…
Nuclear Power Plant
Philippines Considers Reviving Bataan Nuclear Power Project
Philippines President Rodrigo Duterte on 1 October ordered energy authorities to study the possible use of the mothballed Bataan nuclear power plant and to cons…
Hydrogen Fuel Cell
Honda Quitting Formula 1 to Focus on Fuel Cell Technology
Honda is quitting Formula 1 at the end of the 2021 season to focus on fuel cell and battery technologies, the Japanese car giant said in a shock announcement on…
Nuclear Power Plant
Ukraine Must Expand Nuclear Energy, Says President
Ukrainian President Volodymyr Zelensky has described his support for the country to expand its use of nuclear power. Zelensky was speaking to reporters during h…
Australia
ARENA Gets $1.62bn Boost from the Australian Government to Cut Emissions
In Australia, the prime minister and the minister of energy and emissions reduction have announced $1.62 billion in funding for the Australian Renewable Energy …
Iberdrola Announces New €1.5bn Renewables Investment Plan
Spanish multinational utility Iberdrola has announced that it plans to triple its renewable energy capacity in Andalusia within the next five years.
Solar Power Plant
Two New Solar Plants Now Feeding 132MW into South Africa’s Grid
Two utility-scale solar plants in the Northern Cape, Aggeneys Solar and Konkoonsies II Solar, have commenced commercial operations.
Nuclear Power Plant
Polish Government to Take over Nuclear Development Firm
The shareholders of PGE EJ1, the company set up to build and operate Poland's first nuclear power plant, have signed a letter of intent with the State Treasury …
Nuclear Equipment
Russia Completes Steam Generators for Akkuyu and Bangladesh Units
Rosatom has completed the delivery of steam generators for the Akkuyu 1 and Rooppur 1 units under construction in Turkey and Bangladesh.
Solar Power Plant
EDF Renewables Expands Irish Portfolio with Solar Acquisition and New Office
EDF Renewables has acquired Ireland-headquartered Wexford Solar Limited, which includes eight solar projects totalling around 100MW of capacity across the count…
Crude Oil
Russian Oil Production Tops OPEC+ Quota In September
Russia produced an average of 9.93 million bpd of crude oil and condensates last month, a little above its OPEC+ quota but still down 11.8 percent on the year, …
Oil & Gas Trade
Oil Companies Cut More Jobs As Demand Recovery Remains Uncertain
Suncor Energy is cutting as much as 15 percent of its workforce—a total of 2,000 jobs—as demand destruction and low prices have created an adapt or die scenar…
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