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Oil & Gas Trade
OPEC+ Seeks to Defend Oil-Market Gains as Demand Outlook Darkens
OPEC and its allies have achieved the oil-market equivalent of a high-wire act: increasing supply even as demand remains depleted, without crashing prices.
Russian Federation
Russia Doesn’t Expect OPEC+ To Change Course
The OPEC+ panels will not be discussing next week any revisions of the ongoing production cut pact and are not expected to make any major decisions to tweak the…
Energy Storage Battery
Lithium-Ion Battery Production Set To Quadruple This Decade
The global lithium-ion cell manufacturing capacity pipeline could rise fourfold to reach 1.3 terawatt-hours in 2030 compared to 2019.
China
AqualisBreamar to Oversee Chinese Jack-up Build
Chinese company Ouyang Offshore has awarded AqualisBraemar a contract to supervise to construction of two new self-propelled jack up vessels for the offshore wi…
Nuclear Fusion
Chevron Announces Investment in Nuclear Fusion Start-Up Zap Energy
Oil major Chevron has announced an investment in Zap Energy, a nuclear fusion start-up company developing a next-generation modular nuclear reactor.
Nuclear Power Plant
Progress at India’s Kudankulam NPP
Indian contractor Larsen & Toubro, with the technical assistance of Russian specialists, has completed the installation of the dry shielding at the reactor vess…
Nuclear Power Plant
Russian Institutes Develop Welding Quality Control Method for ITER
Non-destructive testing specialists at Russia’s Tomsk Polytechnic Institute is to develop methods for checking the reliability of seams on components of the IT…
Coal Mine
India Approves 41 Coal Mines Amid Environmental Concerns
Opposition parties and civil groups in India have criticized the government’s proposed changes to the Environment Impact Assessment (EIA), a legal framework th…
Solar Power Panel
Seraphim Signs 150MW Wholesale Module Supply Agreement
Module manufacturer Seraphim has penned a 150MW module supply deal with wholesaler and solar importer Raystech.
Power Construction
Hitachi ABB Power Grids to Operate in Six Balkan Countries
The company’s top officials have also said that “world-class power grid solutions” will help it play an active role in the global decarbonization of energy s…
Nuclear Power Plant
French Grid Again Warns Heatwave May Take Golfech 2 Reactor Offline
High temperatures could lead to production restrictions at EDF's Golfech nuclear plant on the Garonne river in southern France starting on Wednesday.
Solar Power Plant
China's LONGi to Power Global Operations with 100% Renewables by 2028
The world’s largest mono-crystalline PV products manufacturer LONGi has announced an 8-year roadmap to achieve 100% renewable energy use for its global operati…
Power Construction
TenneT Awards Contracts for 900MW Offshore Grid Connection System
Dutch transmission system operator TenneT has awarded contracts for the 900MW BorWin5 offshore grid connection system to the consortium of Siemens and Dragados …
Nuclear Power Plant
Chinese Fast Reactor Completes Trial Operating Cycle
The China Experimental Fast Reactor completed a manual emergency shutdown test from full power on 31 July, China National Nuclear Corporation announced last wee…
Power Construction
Elsewedy Electric to Build High Voltage Substation in DRC
Egyptian electric company Elsewedy Electric has contracted to build a 220-15/6.6kV high voltage distribution substation in the Democratic Republic of Congo.
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