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Crude Oil

Russia’s Oil Production To Drop By Just 1% This Year

Russia’s oil production this year is expected to be 1 percent lower compared to 2020, in view of the OPEC+ agreement.

Nuclear Power Plant

Eskom Confirms Unit 1 Reactor Trip at Koeberg Nuclear Power Plant

South African power utility Eskom confirmed that Koeberg Unit 1 Reactor tripped at 16:30 on Monday, 30 August 2021

Oil Exploration

Shell Takes Operatorship in Blocks off South Africa

Impact Oil & Gas entered into the agreement with Shell for the farm-out of the South African exploration right back in November 2020.

Crude Oil

Oil Rises After Opec+ Agrees to more Supply

Group's joint ministerial monitoring committee expects a surplus of 2.5 million bpd in 2022

Gas turbine engine

GE Completes Modernisation of Thessaloniki Power Plant in Greece

GE has completed the modernization of Greek energy company Elpedison’s Thessaloniki power plant.

Solar Power Plant

Tata Power to set up 330-MW solar project in Madhya Pradesh

The power will be supplied to the Indian Railways and the Madhya Pradesh Power Management Company

Solar Power Plant

Sonnedix Acquires Spanish PV Projects

Sonnedix, the global solar independent power producer has completed the acquisition of a 112 MWp solar photovoltaic development portfolio from Circle Energy, Fa…

Nuclear Equipment

Atommash in 'Rhythm' As It Ships Steam Generators to Turkey

Steam generators for the second reactor of Turkey's Akkuyu nuclear power plant have been dispatched from the Atommash plant in the Volgodonsk area of Russia.

Caterpillar to Offer Gensets Operating on 100% Hydrogen

Caterpillar will begin offering Cat generator sets capable of operating on 100% hydrogen, including fully renewable green hydrogen, later this year, the company…

Hydrogen Project

Danish Green Hydrogen Project to be Operational in 2024

Swiss energy firm H2 Energy Europe is planning to build a 1GWgreen hydrogen production site in Denmark, operational in 2024.

OPEC

OPEC+ Ignores Biden, Keeps Output Plans Unchanged

The September meeting of OPEC+ today wasn’t expected to erupt in vehement disagreements.

Market Analysis

Iraqi Crude Exports up 5pc in August

Iraqi crude exports marketed by state-owned Somo increased by 5pc on the month to 3.05mn b/d in August.

South Korea

South Korea’s SK E&S Plans Hydrogen, LNG Expansion

South Korean energy firm SK E&S has laid out a detailed plan to expand its hydrogen, LNG and renewables operations by 2025.

Oil Refinery

Iraq on Track for Karbala Refinery Start-up Next Year

Iraq is testing power generation systems at its new 140,000 b/d Karbala refinery ahead of start-up next year.

Energy Investment

National Grid Acquisition of PPL WPD Investments Approved by CMA

WPD delivers electricity to more than eight million customers and employs more than 6,500 people.