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Oil Exploration
Equinor Makes Iits 6th Norwegian Oil Discovery of 2021
Equinor EQNR.OL has made an oil discovery estimated to hold up to 62 million barrels of crude off the coast of Norway.
Crude Oil
OPEC Rejects Biden’s Call for More Oil
OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasolin…
Oil Price
Bank of America Expects $120 Oil by June 2022
Bank of America expects Brent crude to hit $120 a barrel by the end of June 2022.
Oil Price
Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020 on subs…
Electric Vehicle Battery
Tesla Places Battery Grade Lithium Hydroxide Order with Ganfeng
The deal with the high-profile electric car company, announced today by Ganfeng, comes three days after Tesla reportedly placed an order with CATL for 45 GWh of…
Solar Power Plant
Germany has Installed 4 GW of PV so Far this year
In June alone, new PV additions totaled 406 MW. Feed-in tariffs were reduced by another 1.4%.
Wind Power Project
SOUTH AFRICA: 25 New Green Energy Projects Launched Under REIPPP
Twenty-five projects have been selected for a planned capacity of 2,583 MW.
Energy Storage Battery
Hyundai Motor and Kia to Make Strategic Investments in U.S. Startup Factorial Energy
Hyundai Motor Co. and Kia Corp. have recently decided to make strategic investments in Factorial Energy, a U.S. battery startup, to jointly develop and produce …
Energy Storage Battery
Scottish Developer Sells 50MW Battery
Field has bought the Auchteraw project near Fort Augustus from ILI Group
Wind Farm
Siemens Gamesa Signs $400m Vietnam Agreement
Deal with BCG Energy inked on the sidelines of COP 26 in Glasgow
Wind Turbine
Goldwind Unveils 12MW Offshore Turbine
New machine is part of a new generation of medium-speed permanent magnet smart units
South Korea
South Korea Joins Global Methane Pledge
South Korea is committed to lowering methane emissions by 30pc by 2030 from 2020 levels as it joins the "global methane pledge," President Moon Jae-in said at t…
Net Zero Emission
India Sets 2070 Target for Net Zero
India has a goal of reaching net zero emissions by 2070, prime minister Narendra Modi said at the UN Cop 26 climate conference today.
Net Zero Emission
Russia Approves 2050 Low-Carbon Strategy
Russia is looking to its vast forests to help it cut its net greenhouse gas emissions by 60pc over the next 30 years.
Crude Oil
Iraqi Crude Exports Inch up in October
Iraqi crude exports marketed by state-owned Somo edged up in October, according to preliminary figures from the country's oil ministry.
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