Act

Wind Turbine

Danish Wind Turbine Giant Vestas to Suspend Work on Four Projects in Russia

Danish wind turbine manufacturing giant Vestas will suspend work on four Russian wind projects in response to Russia’s invasion of Ukraine. Vestas will also su…

Crude Oil

US Shale Investors Worry over Impact of Output Jump

US shale oil investors are concerned that quickly ramping up production to capture soaring crude prices could upset confidence in the steady growth business mod…

Nuclear Power Plant

IAEA Concern over Situation at Chernobyl

IAEA says that reported power loss at Chernobyl violates one of its seven key 'safety pillars' but "in this case sees no critical impact on safety"

Oil Exploration

Opportunities Still Exist in Kenya’s Oil, Gas Sector

Last week Kenya announced for sale 35 oil and gas exploration blocks mostly in the natural gas prone coastal Lamu Basin. This is an indication of revived upstre…

Oil Exploration

Oil and Gas Exploration is on The Rise In Africa

Increasing exploration activities in 2022 and onwards is a top priority for African hydrocarbon producers as they seek to expand production and establish the co…

Hydrogen Project

Asia Is Amongst ‘Most Attractive’ Region for Green Hydrogen Development

Asia, along with Europe, is amongst the most attractive region in terms of developing green hydrogen, Fitch Solutions reported.

Saudi Arabia

Saudi Arabia Signs Power Purchase Agreements for Solar Projects Worth $665m

​Saudi Arabia has awarded contracts for two new solar projects with a combined capacity of one gigawatt as the kingdom continues to add renewable energy to its…

Coal Price

Coal Use Rises, Prices Soar as War Impacts Energy Markets

The war in Ukraine is having a global impact on energy prices, not only driving the cost of oil higher, but also sending coal prices to record levels as demand …

Nuclear Reactor

Indian Test Reactor Reaches Operation Landmark

India's fast breeder test reactor (FBTR) has reached its full 40 MWt design power level for the first time, more than 35 years since it first started operating.…

Offshore Wind Power

Marine Contractors to Support Three Japanese Offshore Wind Projects

Kajima Corporation and Van Oord have been selected as preferred balance of plant contractors for three Japanese offshore wind farms, with a total capacity of 1.…

Nuclear Power Plant

‘Strong’ Nuclear Growth in Japan Seen in Next Two Year

A “strong growth” is expected in Japan’s nuclear power over 2022 and 2023 as nuclear power plants that have been suspended resume operations, Fitch Solutions…

Electric Car

Electric Vehicle Manufacturer Lucid to Build KSA Factory

Construction of electric vehicle manufacturer Lucid's production facility to begin in KSA in the first half of 2022.

Hydrogen Technology

UAE and Austria Sign Pact to Deepen Partnership in Hydrogen Technology Development

Deal builds on Comprehensive Strategic Partnership signed by the two countries last July

Oil Field

Adnoc Awards $227m Contract for Enhanced Recovery at Bab Oilfield

The deal will help to boost recoverable reserves by up to 70% and will unlock additional barrels of Murban crude

Offshore Wind Power

TerraSond Supports Vineyard Wind 1 Project

TerraSond, a product and service line brand in Acteon’s geo-services segment, plans to invest in a new base in Massachusetts, US, as part of its commitment to …