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Oil Pipeline

Turkstream Carries Over 104 Bln Cubic Meters of Gas in 5 Years

Over the course of five years, the TurkStream Natural Gas Pipeline transported a total of 104.1 billion cubic meters of gas, delivering Russian natural gas rese…

United States

Expand Energy Still on Track to Boost US Gas Output to 7 Bcfd in 2025, CEO Says

Expand Energy (EXE.O), opens new tab, the biggest U.S. natural gas producer, remains on track to boost output to around 7 billion cubic feet per day (bcfd) in 2…

Hydropower Plant

Power Firm Backed by Indonesian Billionaire Anthoni Salim to Build $700M Hydropower Plant in Singapore

A power plant operated by PacificLight Power in Singapore.PacificLight Power, backed by Indonesian billionaire Anthoni Salim, has won a contract to build a SGD1…

Natural Gas

Ukraine Is Increasing Gas Production for the Second Year in a Row.

According to industry experts, in 2024 Ukraine increased gas production by 2.2% – to 19.12 billion cubic meters. The production growth rate in 2024 was hi…

Oil Pipeline

Azerbaijani Gas Transport via Tanap Hits Over 73 Billion Cubic Meters by 2024 Year-End

As of December 31, 2024, the total volume of Azerbaijani gas transported via the Trans-Anatolian Natural Gas Pipeline (TANAP) to Türkiye and Europe reached…

Energy Storage System

Puerto Rico Receives Us DOE Loans to Boost Battery Storage to 1 Gwh

Puerto Rico’s fragile grid has been given a boost, with the US Department of Energy (DOE) offering more than half a billion dollars via the Loan Programs Offic…

United States

Clean Fuels: 2024 Saw Rapid Growth for Biodiesel, Renewable Diesel

The U.S. is on pace to surpass 5 billion gallons of biodiesel and renewable diesel consumption for the first time, capping a 2024 that saw increased efforts fro…

Natural Gas

Fixing Iran’s Gas Shortages Needs $45 Billion, Says Oil Minister

Iran needs $45 billion in investment to resolve its chronic winter energy deficit and worsening air pollution, the country's Oil Minister Mohsen Paknejad sa…

Wind Power Project

Polish Power-Grid Operator Plans $15.4-Billion Investment by 2034

Electric poles are seen near Belchatow Power Station, Europe's largest coal-fired power plant powered by lignite, operated by Polish utility PGE, in Kleszcz…

Coal Production

Global Coal Demand to Plateau Through 2027

The global demand for coal is projected to reach 8.77 billion tonnes in 2024, where it is expected to stay close through 2027 as renewable energy takes a more m…

Oil Pipeline

Iraqi Cabinet Approves $4.6 Billion Basrah-Haditha Oil Pipeline Project

The Iraqi cabinet has given approval for a Basrah-Haditha oil pipeline project, a statement from the Prime Minister's office said on Monday.The pipeline wil…

Wind Turbine

ACWA Power Secures $703M for Egyptian Wind Power Plant

ACWA Power has secured SR2.63 billion ($703 million) in financing to develop, operate, and maintain a 1,100-megawatt wind power plant in Egypt’s Suez gove…

United States

New York Fires $75 Billion Shot for Big Oil to Foot the Landmark Climate‘Superfund’ Bill

As the climate crisis continues to wreak havoc across the globe, New York has taken decisive action to hold fossil fuel players accountable for their pollution …

India

Petroleum Import Declines, Worth Rs. 101BN Imported in Five Months of FY 2024/25

The import of petroleum products has decreased during the first five months of the current fiscal year 2024/25.According to latest trade statistics of the Depar…

Dam

China Approves Construction of World’s Largest Hydropower Dam in Tibet

China has given the green light for the construction of the world’s largest hydropower dam on the Yarlung Zangbo River in Tibet, according to Reuters. The…