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Crude Oil

Exxon Is Big Oil's Outlier In The Post-Pandemic World

While oil majors stuck to spending discipline after the 2015-2016 price crash, ExxonMobil was the one to stand out from the crowd as it increased capital expend…

Nuclear Power Plant

Containment Building of First Akkuyu Unit Takes Shape

The installation of the second tier of the reactor building's internal containment has been completed at unit 1 of the Akkuyu nuclear power plant under construc…

Thermal Plant

Japan Will Shut Down 100 Old Coal-Fired Power Plants

The Japanese government plans to suspend or shut down nearly 90% of old and inefficient coal-fired power plants by fiscal 2030.

Invitation to tender for 3 x 2.5 mva transformers

Tenders are invited for Provision of Invitation to tender for 3 x 2.5 mva transformers and 1 x 5mva transformer at rotek workshop

Energy Technology

AFC Energy Raises £31.6m to Scale up Fuel Cell Technology

The company is moving from product and technology development to production and commercialization.

Oil & Gas Trade

US Court Orders Seizure of Iranian Gasoline Cargoes

A US federal court today authorized the seizure of 1.16mn bl of Iranian gasoline aboard four tankers, which are allegedly transporting it to Venezuela.

UAE's Taqa Registers Dh4bn Loss in Q1 2020

Despite the challenging start to the year, TAQA is looking ahead and is well positioned to continue benefiting from stable revenue streams.

Offshore Wind Power

Asia's Annual Offshore Growth to to Rise to 9GW in 2030

Almost 1,500GW of technical offshore wind potential have been identified.

Hydropower Plant

Laos Plans New 1.4GW Hydro Project on Mekong River

The Luang Prabang project will be Laos' third and largest dam on the river.

Market Analysis

Global Offshore Wind Market to Hit 23GW Capacity by 2026

The global market for offshore wind energy is expected to expand in value from $24 billion in 2019 to $75 billion in 2026.

China Energy

China's SPIC Completes First Hydrogen Fueling Vehicle Hydrogenation Test

At 15:30 on June 30, after many station-vehicle joint commissioning, a 40-seat hydrogen bus printed with the SPIC Logo slowly drove out of the hydrogen refuelin…

Smart Grid

German E.ON to Invest EUR 210 Million in Power Business in Romania

E.ON earmarked EUR 375 million for capital expenditure by 2023 in Romania, of which EUR 210 million is for the electric power division.

Power Construction

Hitachi Absorbs ABB Power Grids in New $10B Joint Venture

Hitachi on July 1 commandeered a majority share of ABB’s lucrative Power Grids business and officially launched a joint venture company—Hitachi ABB Power Grid…

Solar Power Plant

Seychelles Delays Planned Floating Solar Plant Due to COVID-19

The government of Seychelles has confirmed that the construction of a floating solar PV power plant will be delayed due to consequences of the COVID-19 pandemic…

Energy Investment

Emmanuel Macron Commits €15bn to Definitive Climate Action

French President, Emmanuel Macron, has pledged an additional €15bn for measures to combat the climate crisis over the next two years.