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Russian
Global Oil Demand to Gain 1-1.5 Mbd in 2025
Russia expects growth of global oil demand in 2025 to reach from 1 mln barrels per day (mbd) to 1.5 mbd, Deputy Prime Minister Alexander Novak said in an interv…
Crude Oil
Oil Firms in Iraqi Kurdistan Demand Compensation of $24 Billion
Nine oil companies operating in the Kurdistan region of Iraq requested compensation of $24 billion because of the suspension of oil exports through Turkey.Econo…
Electric Vehicles
Nio Budget Brand Firefly Unveils First EV and It Looks Familiar
Nio wants Firefly to be a global brand selling cars in Europe and the Americas but not in the U.S. for now.Photo by: NioNio has just revealed the first electric…
Service Operation Vessel
France Experiences Wind Propulsion Boom in 2024
The French wind propulsion industry witnessed strong growth in 2024. The country’s sailing fleet now comprises eleven large cargo ships, with four new win…
Methane
AleAnna Announces Completion of Several Major Milestones for Its RNG Business
AleAnna Inc. on Dec. 18 announced the completion of a series of initiatives through which the Company has expanded or proven out aspects of its renewable natura…
Oil&Gas Drilling
Vermilion Energy Announces $1B Deal to Buy Westbrick, Bolstering Scale in Deep Basin
Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion.The Calgary-based company says the trans…
Oil Field
Iraq’s Artawi Oil Field Gets Ready for a Massive Boom
A gas processing facility in Artawi, near Iraq’s southern port city of Basra. Photo: AFP/Hussein FalehBaghdad (IraqiNews.com) – The Artawi oil field…
Hydrogen Production
Bioelectrolyzer That Produces Hydrogen From Microorganisms in Waste Opens up Possibility for Large-Scale Production
Image Source: Korea Institute Of Energy ResearchThe research team led by Dr. Eun-Jin Joa of the Korea Institute of Energy Research ( hereinafter referred to as …
Green Hydrogen
Hyphen Hydrogen Energy and SDG Namibia One Fund Agree on Equity Stake in Country’s First Gigawatt-Scale Green Hydrogen Project
Image Source: Hyphen Hydrogen EnergyWindhoek, Namibia – SDG Namibia One Fund, Namibia’s dedicated green hydrogen blended finance vehicle and the des…
Energy Investment
SCZONE Secures $64B in Green Hydrogen Investments With 12 Framework Agreements for 18M Tons Annual Production
The Suez Canal Economic Zone (SCZONE) has attracted $64bn in green hydrogen investments through 12 framework agreements, according to SCZONE Chairperson Waleid …
Oil Field
Petrobras Terminates Sale of Two Oil & Gas Fields Offshore Brazil
Brazilian oil and gas player Brava Energia has confirmed its acquisition of oil and gas fields and associated infrastructure off the coast of Brazil cannot be c…
Photovoltaic (PV)
Photovoltaic Solar/Batteries Displace 312 Nuclear Plants in 2 Years Time
Photovoltaic solar + batteries will have added the equivalent of 312 nuclear power plants in just 2 years by the end of 2025. According to BloombergNEF, 599 gig…
Wind Power Project
Biden-Harris Administration Approves SouthCoast Wind Project
The Biden-Harris administration has approved the SouthCoast Wind Project, marking the nation's 11th commercial-scale offshore wind energy project. This proj…
Wind Farm
Boralex Takes Stake in Scots Wind-Battery Scheme
[Image: Boralex]Boralex has entered into a joint venture for the development, construction and operation of the proposed 145MW Clashindarroch wind farm extensio…
Hydrogen Technology
Flinders University: Solar Step Forward for Green Hydrogen
Another advance has been made by experts in nano-scale chemistry to propel further development of sustainable and efficient generation of hydrogen from water us…
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