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Montenegro
Montenegro Declares Nine Energy Projects as Infrastructure Priorities
The list of priority infrastructure projects of the Government of Montenegro includes nine energy projects, estimated at EUR 1.2 billion in total
Offshore Wind Power
China Three Gorges Power to Invest $6.5bn in Offshore Wind Power
Chinese state-owned power firm China Three Gorges Corporation is to spend $6.5 billion on three off-shore wind farms in Guangdong province amid schemes to diver…
Electricity Reform
AMLO to Discuss Power Reform with US Energy Secretary
Mexican president Andres Manuel Lopez Obrador will meet with US energy secretary Jennifer Granholm in Mexico City this week to discuss his controversial electri…
South Korea
South Korean President Visits UAE, Showcasing Deep Ties
The president of South Korea has reached a preliminary multibillion-dollar deal to sell Seoul’s surface-to-air missiles to Abu Dhabi and pledged deeper coopera…
Electricity Transmission
Details Emerge About DOE, FERC Grid Plans for Clean Energy
The Biden administration’s plan announced yesterday to pump $20 billion into expansion of the nation’s transmission networks will target “shovel ready” proj…
Energy Investment
Invenergy Secures $3bn from Blackstone to Drive Clean Energy Platform
Chicago-based multinational utility Invenergy is set to expand its renewable energy business after securing approximately $3 billion in investment from global a…
Electricity Transmission
Xinjiang's Power Transmission Volume Hits New High in 2021
Northwest China's Xinjiang Uygur Autonomous Region transmitted a record 122 billion kilowatt-hours of locally generated electricity to other parts of the countr…
Nuclear Power Plant
France Expects New Nuclear Reactors to Begin Operation in 2035-37
She said the new reactors would be EPR2 models, improved versions of EDF's EPR, which has suffered years of delays and billions of euros of cost overruns on uni…
Hydropower Plant
Three Gorges Hydropower Station Generates Over 100 bln kWh of Electricity in 2021
The Three Gorges Hydroelectric Power Station on China's Yangtze River has generated 103.6 billion kWh of electricity in 2021.
Market Analysis
Nuclear Energy will Require '€20 billion per year' Until 2050
Nuclear power will play a "fundamental role" in meeting Europe's energy demands, said EU Internal Market Commissioner Thierry Breton to French newspaper Journal…
Oil Field
ExxonMobil Announces Two New Oil Discoveries In Guyana
ExxonMobil has made two more discoveries in the Stabroek block offshore Guyana, which add to the previously announced 10 billion oil-equivalent barrels recovera…
Power Cable
Jan De Nul Lands Its Biggest Cable Deal for $3.6bln Middle Eastern Project
Jan De Nul and Samsung C&T consortium has secured a contract, regarded as the biggest cable installation contract in Jan De Nul’s history, to deliver an HVDC c…
Coal-Fired Power Plants
Japan's Shikoku Electric Buys 15% Stake in Coal Power Plant Project in Vietnam
Japan's Shikoku Electric Power Co Inc has announced that it had invested more than 10 billion yen to buy a 15% stake in the Vung Ang 2 coal-fired power plant pr…
Energy Investment
EGYPT: Al-Nowais to Invest $1bn in Solar and Wind Farms
UAE-based investment company Al Nowais intends to invest $1 billion to develop two solar and wind farms in Egypt.
Oil&Gas Drilling
Global Oil And Gas Discoveries Set To Hit 75-Year Low In 2021
As of the end of November, total global discovered volumes this year are calculated at 4.7 billion barrels of oil equivalent
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