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Floating Solar

Heliorec Partners With Shoreham Port for UK Floating Solar Project

HelioRec, a French company specializing in floating solar technology, has entered into a memorandum of understanding with Shoreham Port in the United Kingdom to…

Oil Field

Oil Uplift Coming up Next on Brazilian Field’s Horizon

BW Energy, listed on the Oslo Stock Exchange, has confirmed a final investment decision for the Golfinho Boost project in the Espírito Santo Basin, offsh…

Tidal Energy

Nova Scotia Prepares Procurement for Tidal Energy Projects in Minas Passage

Nova Scotia is advancing its tidal energy development by initiating a procurement process for two available berths at the Fundy Ocean Research Centre for Energy…

Hydrogen Project

EnBW Commissions Hydrogen-Ready Power Plant in Stuttgart, Germany

EnBW has launched a hydrogen-ready gas turbine power plant at Stuttgart-Münster, advancing its efforts to reduce carbon emissions and ensure grid reliabili…

Solar project

Octopus Energy Generation to Develop 20 Solar Farms in South Korea

Octopus Energy Generation has announced a new solar energy investment in South Korea, advancing its renewable energy efforts in Asia. The initiative, managed th…

Power Construction

Zambia to Resume Construction of Power Line to Tanzania

Zambia will soon resume work on the Zambia-Tanzania Interconnector Project, designed to connect its power grid with East Africa’s. The initiative aims to estab…

Oil Price

JP Morgan Cuts Oil Price Forecasts on Weak Demand, Higher Output

JP Morgan recently revised its oil price forecasts for 2025 and 2026, pointing to increased OPEC+ production and reduced global demand. The bank lowered its 202…

Renewable Diesel

Declining Prices Clear Way for Brazil to Raise Biodiesel Blend to 15%, Industry Group Says

Brazil is poised to raise its mandatory biodiesel blend in diesel from 14% to 15%, according to Daniel Amaral, director of economics and regulatory affairs at A…

Coal-Fired Power Plants

China Allows New Coal Plants Through 2027 to Fill Renewable Gaps

China has outlined new guidelines allowing the construction of coal-fired power plants until at least 2027, according to a government action plan issued on Marc…

Oil Field

BP Makes New Oil Discovery off US Gulf Coast

On Monday, BP announced a new oil discovery in the Far South field, located in the U.S. Gulf of Mexico. The exploration well, drilled in Green Canyon Block 584,…

Power Construction

Singapore Explores Grid Upgrades to Support Clean Energy

Singapore is intensifying efforts to enhance its power grid and broaden its energy mix, aiming for net-zero emissions by 2050. Natural gas, which currently gene…

Crude Oil

Trio Petroleum Acquires Cash Flow-Positive Oil Assets in Saskatchewan, Canada

Trio Petroleum, a California-based oil and gas company, has finalized the purchase of petroleum and natural gas assets from Novacor Exploration in the Lloydmins…

Oil Refinery

Sinopec, Aramco Sign Agreement for Yanbu Refinery Expansion in Saudi Arabia

China Petroleum & Chemical Corporation (Sinopec) and Saudi Arabian Oil Company (Aramco) have signed an agreement to expand the Yanbu Refinery in Saudi Arabia&rs…

Energy Storage Project

ACE Power Bags Environmental Approvals for Queensland BESS Projects

ACE Power has secured environmental approvals for two major battery energy storage system (BESS) projects in Queensland, advancing the region’s renewable …

Oil&Gas Drilling

Transocean Equinox Rig Arrives to Embark On Otway Basin Exploration

The Transocean Equinox rig has reached the Otway Basin, advancing the Otway Exploration Drilling Programme (OEDP) set for 2025. This initiative, led by ConocoPh…