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Oil & Gas Trade
Saudi Aramco Oil Firm Starts Trading after Record £19.5bn IPO
Saudi Arabia’s oil company Aramco has started trading on the Saudi Tadawul stock exchange for the first time after a 25.6 billion dollar (£19.5 billion) initi…
Nigeria International Petroleum Summit
Nigeria’s petroleum industry is the largest in Africa with proven Oil and Gas reserves of 37 billion barrels (bbl) and 192 trillion cubic feet respectivel…
EU Opens Subsidies for Electric Battery Push
The EU's powerful anti-trust authority on Monday approved billions of euros in subsidies from seven member states as Europe seeks to make up lost ground in batt…
Seismic Upgrades Move Forward at B.F. Sisk Dam
A billion-dollar seimic upgrade project at B.F. Sisk Dam and San Luis Reservoir in California is to move forward, the US Bureau of Reclamation (USBR) and the Ca…
Authorities look to control household rooftop solar power systems to stabilise the grid
The body that runs WA's main electricity market wants the ability to remotely dump excess solar power from households — cutting the bill rebates people receive…
Nuclear Fuel
Russia Awards Contract to Build BREST Reactor
Siberian Chemical Combine (SCC) has awarded a RUB26.3 billion (USD412 million) contract to Titan-2 for the construction and installation works for the BREST-OD-…
Coal Mine
Revealed: UK Banks' £25 billion Support for Global Coal
HSBC, Standard Chartered, Barclays and Royal Bank of Scotland have continued to finance companies which are investing in new coal plants even after the Paris cl…
Gas power plant
Vietnam Trade Ministry : $4-billion Power Plant Can't Commit to Its Proposed Electricity Price
The trade ministry supports inclusion of a 3,200 MW liquefied natural gas-fired power plant in the Mekong Delta province of Bac Lieu as part of the national pow…
Reclamation, DWR Move Forward with Seismic Upgrades at B.F. Sisk Dam
The U.S. Department of Interior’s Bureau of Reclamation and the California Department of Water Resources are moving forward on an estimated billion-dollar seis…
Electrification
Pennsylvania Senate Advances Transportation Electrification Bill
An electrification bill moving through the Pennsylvania General Assembly, if passed, would support the development of electric vehicle infrastructure in the sta…
CSIRO Identifies Five Key Opportunities for Hydrogen Industry Growth in Australia
A report from the Australian national science agency CSIRO has mapped the critical research steps Australia must take to realize a potential 7,600 jobs and $11 …
Massachusetts Might Replace Natural Gas with Geothermal Heating
A new bill that is being considered by the Massachusetts legislature could lead to geothermal heating in homes. The bill would allow utilities to purchase geoth…
Crude
Why Are Oil Markets Suddenly So Volatile?
The newsfeed this week has been inundated with updates on Aramco’s IPO developments. On the retail side, the Aramco IPO has reached $7.21 billion in subscripti…
Nuclear Power Plant
UAE Expected To Grant Nuclear Power Plant Operating License In Q1 Of 2020
The $24.4 billion Barakah power plant is the world’s largest nuclear project under construction and will be the first in the Arab world.
Offshore Wind Power
Breaking: BiFab Wins Fabrication Deal for EDF’s £2bn Scottish Wind Farm Project
Scottish manufacturing firm Burntisland Fabrication (BiFab) has been announced as a contractor on EDF’s £2 billion Neart Na Gaoithe offshore wind farm.
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