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Crude Oil
Opec+ Brought Stability to Oil Markets Through Its Policies, Saudi Energy Minister Says
The group delivered ‘more sustainability and more predictability’ to energy markets
Oil Refinery
IOC's New Refinery Projects to Use 85pc Renewable Power
India's biggest state-controlled refiner IOC said it plans to meet 85pc of the power requirement for new projects at its refineries primarily from renewable sou…
Natural Gas
Europe Gas Gains As Traders Await Russia’s December Export Plans
European natural gas futures advanced, with traders waiting for more signals from Russia on its export plans for next month.
Solar Power Plant
Indian Transformer Manufacturer to Set up 4 GW Solar Fab
Shirdi Sai Electricals, an Indian transformer manufacturer and EPC contractor, has placed a $252.16 million incentive bid to set up a fully integrated, 4 GW pol…
Blockchain
Bitcoin Miner Acquires Washington Hydro Plant
Global Bitcoin self-mining company Bitfarms Ltd has announced it is entering the hydropower arena having acquired a 24MW hydropower farm in Washington state, US
UAE is the Official Host for COP28 in 2023
Confirmation followed unanimous endorsement by the Asia Pacific Group of nations during COP26, where nearly 200 countries have gathered to take concerted action…
Carbon Neutral
Kia Outlines Its Path to Achieving Carbon Neutrality by 2045
At its recent “Kia Sustainability Movement” virtual presentation, Kia Corporation announced a commitment to achieve carbon neutrality throughout its value cha…
Coal Trade
Special Coal Transportation Trains Expected to Ease Power Crunch
Due to a slew of overlapping factors such as rapid economic recovery, swift foreign trade and rising coal price, west China's economic hub of Chongqing has face…
Electricity Trade
Zim to Import 400MW to Bridge Power Deficit
STATE power utility, Zesa Holdings, intends to import up to 400 megawatts from Mozambique and Zambia as part of measures to end a debilitating power crisis, a s…
Hydrogen Project
Getech to Set up Hydrogen Plant in West Sussex
AIM-listed Getech to set up hydrogen plant in West Sussex under deal with the Port of Shoreham
Energy Subsidies
German Reactions to the COP26 Climate Summit Results
The UN climate summit COP26 in Glasgow has heralded in the end of the fossil fuel era, said German environment minister Svenja Schulze shortly after the confere…
Offshore Wind Power
Norway to Partner with Vietnam to “Awaken” Offshore Wind Power Potential
Norwegian Ambassador to Vietnam Grete Løchen and Commercial Counsellor Arne-Kjetil Lian recently have handed over the ‘Vietnam Supply Chain Study Report’ to …
Floating Solar Project
NTPC Kawas to Develop Floating Solar Plant
Aiming to migrate from traditional energy resources, NTPC Kawas in Hazira is setting up a 56 MW solar power plant whichis likely to be completed by March 2022.
Hydrogen Project
ACIA Aero Leasing LOI with Universal Hydrogen for up to 30 Regional Aircraft Conversions to Hydrogen Power
Universal Hydrogen Co. has signed a letter of intent with ACIA Aero Leasing, a regional aircraft lessor with offices in Ireland, France, Canada, Mauritius, and …
Offshore Wind Power
Mainstream Advances 1.4GW Vietnamese Offshore
Approval from provincial government of Soc Trang for first 200MW phase of the Phu Cuong Soc Trang project
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