Arc

Japan

Japan to start releasing state oil reserves on March 26

March 24 - Japan plans to start releasing oil from joint stockpiles ​held by producing nations in the country ‌by the end of March, Prime Minister Sanae Takai…

Belgium

TotalEnergies and partner inaugurate 31 MW floating solar power plant in Belgium

French energy giant TotalEnergies and Switzerland-headquartered sustainable construction player Holcim have inaugurated a floating solar power plant with a 31 M…

United States

US and TotalEnergies reach 'nearly $1 billion' deal to end offshore wind projects

The United States and TotalEnergies on Monday, March 23 signed an agreement to end the French company's offshore US wind farm projects and redirect those fu…

Egypt

BP and ADNOC’s JV ready to kick off Mediterranean gas hunt with Valaris rig

Arcius Energy, an affiliate of the UK-headquartered BP and the UAE’s ADNOC, has set the stage to embark on a multi-well drilling campaign off the coast of Egyp…

India

India orders Tata Power's 4-GW Gujarat coal plant to run full-tilt in summer

March 23 - India has directed Tata Power's 4-gigawatt imported-coal plant in the western state ​of Gujarat to run at full capacity from April ‌1 to June 3…

Slovenia

Slovenia limits fuel purchases as some pumps run dry

March 22 - Slovenia on Sunday temporarily limited fuel purchases to tackle shortages at the pump caused in part by cross-border fuelling and stockpiling due to …

Oil & Gas Supply

IEA consulting with governments on further oil stock releases

March 23- The International Energy ​Agency is consulting with governments in ‌Asia and Europe on the release of more stockpiled oil "if necessary" , ​Executi…

Saudi Arabia

Saudi Aramco cuts oil supply to Asia for second month in April

March 23- Saudi Aramco, the world's top oil exporter, has cut crude supply to ​Asian buyers for a second month ‌in April.The producer is supplying onl…

South Korea

POSCO International to build rare earth supply chain

March 23 -- POSCO International Corp., the trading arm of POSCO Holdings, said Monday it will build a global supply chain for heavy rare earth elements to stren…

Armenia

Armenia secures €135m for energy grid revamp, linking to Europe

Two new financing agreements worth €135 million have been signed to support Armenia’s Caucasus Transmission Network project.The deals were signed on …

Gas power plant

NextEra secures Trump's approval for up to 10 GW gas power projects

March 20- NextEra Energy said on Friday U.S. President Donald Trump has approved the development ​of up to 10 gigawatts of natural gas-fired power ‌generation…

India

Tesla plans India push into energy storage as it expands beyond cars

March 20- Tesla is preparing to enter India's industrial energy storage market, according to a job ​ad on its website, pitting it against companies controlled …

Biofuel

Brazilian city trials new biofuel aimed at replacing diesel entirely

March 20- one city in southern Brazil is planning to run more of its municipal fleet on an ​innovative homegrown biofuel designed to replace diesel entirely.Ne…

South Korea

Hyundai supplies Xcient fuel cell trucks for Uruguay zero-emission logistics project

March 20th - Hyundai Motor Company announced on Friday that it has provided eight Xcient hydrogen fuel cell trucks to an environmental logistics project in Urug…

Australia

First quantum battery developed and tested by Australian researchers

Australian scientists have made a significant leap forward in energy storage technology by developing and testing the world’s first proof-of-concept quantum ba…