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Oil Price

International Oil Prices Rose Significantly on the 17th

It closed at 43.3 US dollars per barrel, an increase of 2.56%.

Market Analysis

Russian Energy Minister: Global Oil Demand is Expected to Fully Recover in the Second Quarter of 2021

Russian Energy Minister Alexander Novak participated in the OPEC+ JMMC online meeting and said that global oil demand is expected to fully recover by the second…

Temu1000 with stabilizer (r) and other 2 items

Tenders are invited for Temu1000 with stabilizer (r) and other 2 items.

Invited for LOT 1 Substations

Tenders are invited for LOT 1 Substations

Ireland

1,000 New Hydrogen-Powered Buses Planned for European Roads

The H2Bus Consortium is now on track to deploy 1,000 hydrogen fuel cell electric buses, along with supporting infrastructure, in European cities at commercially…

Hydrogen Fuel Cell Vehicle

Australian Government to Invest $1.9bn in New Energy Technologies

A new hydrogen export hub worth $70m and a push for hydrogen fuel cell vehicles through a $74.5m future fuels fund, have today been announced by the Australian …

Nuclear Power Plant

Rolls-Royce to Supply Pressure Rransmitters for China's Zhangzhou 1&2

Rolls-Royce has been awarded a multi-million euros contract by CNNC to provide Bibloc® pressure transmitters for Zhangzhou1&2, two new Hualong One reactors und…

Solar Power Plant

TUNISIA: Steg to Buy Electricity from Akuo Energy’s Solar Power Plant in Gabès

A power purchase agreement has just been signed between the Tunisian Electricity and Gas Company and the consortium developing the 10 MWp Gabès photovoltaic so…

Solar Power Plant

Nextracker to Supply 1GW Dubai PV Giant

Fifth phase of Mohammed Bin Rashid Solar Park is due for completion in 2023.

Wind Farm

Excelsior Wind Farm Connects to South Africa’s Power Grid

The 33MW Excelsior wind farm, in the Western Cape province, is now connected to the country’s national power grid, having successfully completed the commission…

LNG

China's Sinopec Buys About 10 LNG Cargoes for Winter Delivery

China's Sinopec has purchased about 10 liquefied natural gas cargoes for delivery between November and March next year.

Electric Vehicle Charging

Iberdrola Signs Green Loan with ICO to Finance the Installation of 2,500 Public Charging Points in Spain and Portugal

The roll-out of the electric vehicle charging infrastructure by the company will reach 150,000 chargers over the next five years.

Energy Storage Battery

Lithium Battery Supply Chain is Unsurprisingly Led by China

China #1 among the countries of the world most involved in the lithium-ion battery supply chain in 2020, with Japan and South Korea in second and third place re…

Crude Oil

World’s No.1 Oil Trader Sees Crude Inventories Shrinking This Year

Vitol Group, the world’s largest independent oil trader, expects global oil inventories to continue drawing down for the rest of the year, unlike its rivals an…

United States

Siemens Gamesa to Lay off 130 US Employees in Iowa

Siemens Gamesa has confirmed that it is reducing the workforce at its Iowa wind turbine blade manufacturing facility.