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Solar Power Plant

NTPC Wins 1.9 GW Solar Power Projects Under CPSU Scheme

This shall pave the way for NTPC's plan of 60 GW RE capacity by 2032. The company has won the projects in tranche 3 of 5 GW tender.

Oil Pipeline

Petrobras Closes Contaminated Gasoline Pipeline

Brazil's state-controlled Petrobras temporarily closed its 266km Opasc refined products pipeline because of sulfur contamination.

Crude Oil

Eni Adds New Field to Angola's Olombendo Crude Grade

Italian integrated oil firm Eni has started crude production from the Cabaca North project in Angola's deepwater block 15/06.

EU

EU Magnesium Prices Surge by 80pc on China Cuts

European magnesium prices surged by 80pc yesterday amid supply cuts in China and depleted European stocks, leaving key end-users in the aluminium and titanium s…

China

China’s Silicon Export Prices up 60pc with Energy Curbs

Export prices were assessed at $8,500-8,550/t fob, up from $5,120-5,150/t fob over the same period.

Thermal Plant

Wärtsilä Signs Concession Agreement to Develop, Supply, Construct, Operate and Maintain Major 120 MW Power Plant Project in Gabon

The project represents one of the largest of its kind in Sub-Sahara Africa and a sizeable energy infrastructure project for Gabon.

Energy Security

Myanmar's Biggest Cities Hit by Brief Power Outages

A power blackout briefly hit Myanmar's main urban centres and far-flung towns on Friday, including commercial hub Yangon and parts of the capital Naypyidaw, aut…

China

China Establishes Electricity Equipment Giant Through Merger

China has established a central government-controlled electricity equipment company through a merger, according to a statement issued by the State-owned Assets …

Energy Investment

DOE Invests $27 Million in Battery Storage Technology and to Increase Storage Access

The U.S. DOE today announced $17.9 million in funding for four research and development projects to scale up American manufacturing of flow battery and long-dur…

Nuclear Reactor

NuScale Signs Agreement with New Polish Partners to Replace Coal

NuScale has signed a second agreement to consider its small reactors as a general replacement for coal units in Poland.

China

PetroChina, Hengli Win four Cargoes in First China Oil Reserve Sale

The prices were lower than the spot market as Middle East crude benchmark Dubai was at $74.09 a barrel on Thursday.

Solar Power Panel

Solarwatt Opens 300 MWp Solar Panel Factory in Dresden

German solar panel manufacturer Solarwatt has commissioned a new factory with the capacity to produce 300 MWp of double-glass solar panels as well as two new pr…

Solar Power Plant

Tušnica Wind Farm, Zvizdan Solar Power Plant in BiH to be Online by End-2023

Works are under way on two more renewable energy power plants in the Federation of Bosnia and Herzegovina, and both should be online by the end of 2023.

Hydrogen Project

Paragon to Test its Liquid Hydrogen-Fueled Soar eVTOL with 800 Miles Range

Paragon VTOL Aerospace is working on the next generation of its eVTOL aircraft design called Soar, which will be powered by a powertrain that uses direct combus…

Oil & Gas Trade

Under U.S. Sanctions, Iran and Venezuela Strike Oil Export Deal

Venezuela has agreed to a key contract to swap its heavy oil for Iranian condensate that it can use to improve the quality of its tar-like crude, with the first…