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Geothermal Power Plant
Successful Drilling at Geothermal Heat Project by Pharma Company, Belgium
Belgium-based Janssen Pharmaceutical is pushing forward with geothermal project, following successfully testing first well drilled for project.
Oil Price
Oil Tumbles As New Virus Strain Revives Demand Fears
Oil prices tumbled on Monday as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked wor…
Market Analysis
Climate Could Pay the Price as Europe’s Nuclear Plants Age
Nuclear power capacity able to supply roughly 60 million homes is scheduled to close this decade as utilities struggle to replace northwest Europe’s ageing rea…
Solar Power Plant
Greenbacker Acquires 104-MW Graphite Solar Project from rPlus Energies
Greenbacker Renewable Energy has, through a wholly-owned subsidiary, purchased an 80-MWac /104-MWdc pre-operational solar project from rPlus Energies.
Crude Oil
OPEC+ Plans To Meet More Frequently To Discuss Oil Market Balancing
OPEC+ will take a more hands-on approach to global oil markets now that it plans to meet more frequently, citing the leaders of the group, Saudi Arabia and Russ…
LNG
Shell Divests LNG Stake For $2.5 Billion
Shell has sold a 26-percent stake in an Australian LNG project to Global Infrastructure Partners for $2.5 billion as part of efforts to reduce the weight of non…
Energy Storage Battery
U.S. Looks To Boost Energy Storage By 525% By 2025
240 percent: this is the increase in battery storage capacity added in the United States during the third quarter of this year, compared with the second quarter…
Hydrogen Project
Gigawatt-Scale: the World's 13 Largest Green-Hydrogen Projects
These projects alone account for 61GW of the 80GW of renewable H2 developments now in the works, promising economies of scale that would drive down the cost of …
Nuclear Power Plant
Fennovoima Gets Basic Design Documentation for Finnish Nuke Plant from Rosatom
According to Rosatom, the package has been reviewed by Fennovoima’s specialists and conditionally accepted for further work.
Market Analysis
Spain Generates 43.6% of Power from Renewables in 2020
Spain produced 43.6% of its electricity with renewable energy technologies in the year to December 11, Spanish grid operator Red Electrica de Espana said in the…
Offshore Wind Power
GE Renewable Energy to Supply Haliade-X Turbines for Dogger Bank C
GE Renewable Energy has secured a contract to supply its Haliade-X turbines for Dogger Bank C, the 1.2GW third phase of the 3.6GW Dogger Bank Wind Farm.
Natural Gas
PetroChina Strikes Big Gas Find in China Xinjiang's Junggar Basin
This marks another breakthrough in the state oil firm's natural gas development in the region, following a similar-sized discovery at Tarim basin in September l…
Oil & Gas Trade
China Issues 122.59 mln T in 1st Round of Oil Import Quotas
Beijing had said inThe ZPC plant last month started operations at a 200,000 barrel per day (bpd) crude processing unit.
Smart Meter
EDF Arm, Capgemini Sign Pact to Offer Smart Meters and Grids Services
The companies said in a joint statement the Memorandum of Understanding aims at building common offerings and position themselves on smart metering projects and…
Cooperation case
Making the World's Energy Industry Clean and Efficient
SPIC's Mexican foray heralds commitment to add value and high-tech to power
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