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Oil Price
Saudi Arabia Hikes Oil Prices Despite Omicron Fears
Arab Light will next month sell for $0.60 more per barrel than it does this month for buyers in Asia
Oil Pipeline
Germany: Nord Stream 2 Cannot Begin Operations Until Certified
The Russia-led Nord Stream 2 gas pipeline cannot start sending natural gas to Europe until it is certified by German authorities, which have suspended the certi…
Oil Field
Shell Pulls Out of Cambo Oilfield
SHELL has pulled out of the Cambo oilfield project, saying that the economic case for investment isn’t strong enough.
Hydrogen Production
Siemens Gamesa Partners on Offshore Wind-to-Hydrogen
The manufacturer has signed an MoU with Strohm to collaborate on the advancement of new concept solutions
Energy Storage Battery
Pivot Power Breaks Ground at 50MW UK Storage
The lithium-ion battery project will store enough electricity to power over 100,000 homes for two hours
Energy Storage Battery
TagEnergy Expands UK Battery Pipeline
French-owned developer acquires 99.9 MW battery storage project from RES in North Yorkshire
Electric Car
Toyota to Build $1.29 billion EV Battery Plant in North Carolina, Create 1,750 Jobs
Toyota will build a new $1.29 billion battery plant for electrified vehicles in North Carolina, the company announced Monday afternoon.
Carbon Pricing
China's Carbon Trading Market Gets Brisker as Compliance Deadline Approaches
China's national carbon market, a major institutional innovation to facilitate emissions reduction, is getting brisker as its first compliance deadline is at th…
Power Construction
Power Plant Upgrades to Yield More Electricity for Nigeria
Once completed, ongoing upgrades and repairs to Trans Afam Power Limited and Transcorp Power Limited power plants will mean more available electricity capacity …
Coal Mine
Australia Approves South32 Coal Mine Extension
The New South Wales (NSW) government has declared Australian-South African mining firm South32's proposed A$956mn Dendrobium coking coal mine expansion in the I…
Energy Investment
Acwa Power Signs Deal with Natixis to Secure Funding for New Projects
French bank could finance up to $2bn of the Saudi energy company's initiatives over the next two years
Wind Power Tower
Scotland to House UK’s Largest Offshore Wind Tower Manufacturing Facility
Scottish energy company Global Energy Group has finalised terms with offshore wind tower manufacturer Haizea Wind Group to build a £110 million offshore wind t…
Oil Field
Aramco awards $10B in Contracts for Vast Jafurah Shale Gas Field Development
In late November, the Saudi Arabian Oil Company announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas …
LNG
Energy Regulator approves five LNG Storage Licences for DNG Energy
The Energy Regulator has approved five site licences for the importation and storage of liquefied natural gas (LNG) by black-owned energy company DNG Energy.
Solar Power Plant
China to Start New Round of Large-Scale New Energy Power Stations
China will begin to build a second round of large wind and photovoltaic power stations in sandy, rocky and arid parts of the country, requiring provinces to rep…
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