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Crude Oil
Angola Aims to Ramp up Oil Production
Angola, Africa’s second-largest oil producer after Nigeria, will need foreign and government investments to discover up to 57 billion barrels of crude oil by 2…
China
PetroChina Posts $4.4 Billion H1 Loss, Pledges Near-Zero Emissions by 2050
PetroChina Co pledged on Thursday to cut emissions to near zero by 2050, as it reported a plunge to a first-half net loss of 29.98 billion yuan on lower oil pri…
Oil Field
Iran Fast Tracks Development Of Huge West Karoun Oil Field
The West Karoun fields together contain at least 67 billion barrels of oil in place and, with an average recovery rate currently of only around 4.5 per cent.
ITER
ITER: The $65 Billion Power Plant of the Future
A $65 billion nuclear fusion reactor called ITER is being constructed in southern France.
Hydropower Plant
Umeme to Use $9m for Electricity Disposal from Siti 2’s Hydropower Plant in Uganda
The Ugandan company Umeme will invest 34 billion Ugandan shillings for the discharge of electricity from the Siti II hydropower plant in the east of the country…
Energy Investment
South Korea’s Renewables Investments to Top $46bn By 2030
South Korea’s renewables investments are expected to exceed $46 billion by 2030.
Nuclear Power Plant
Korea Strives to Win a $6.7 Billion Order for the Czech Nuclear Power Plant Project
The government has actively supported the effort to win an order for the Czech nuclear power plant project worth 8 trillion won.
Russian Federation
Gazprom Neft profit slumps 80% in Q2
Russia's Gazprom Neft, the oil business of state gas company Gazprom, said weak oil prices had driven a near 80% slump in second-quarter net profit to 22 billio…
Energy Storage System
Energy Storage Systems Market to Expand by over 6% per Annum
The global energy storage systems market size surpassed $340 billion in 2018 and is set to achieve over 6% CAGR up to 2025.
Oil&Gas Drilling
World’s Largest Offshore Rig Owner Files Bankruptcy
UK-based offshore drilling contractor Valaris has filed for bankruptcy protection in the United States, offering creditors to swap some $6.5 billion of its $7.8…
Libya
Turkey Set to Receive $35 billion in Libya Contracts
Following a maritime and military agreement signed in November, Turkey and Libya’s United Nations-recognised Government of National Accord (GNA) inked another …
Solar Power Panel
Turkey Opens Integrated Solar Cell Factory within USD 1.4 Billion Project
Kalyon and China’s CETC built a manufacturing complex in Ankara for all components for solar power panels.
Supply of electricity subscription and billing prints
Tenders are invited for Supply of electricity subscription and billing prints
Solar Plus Storage
During the day the sonnenBatterie optimizes the use of self-generated solar power, saving money on household electric bills.
Libya
Libya Suffers over $8 Billion Losses in Blockaded Oil Production
Libya has suffered over $8 billion in losses as a result of the oil blockade and the closure of oil wells by Khalifa Haftar’s forces in the past 200 days, the …

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