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Crude Oil
Libya’s May Oil Revenues up to Record Levels Due to Increased Demand and Prices
The NOC announced yesterday that its net revenues during May 2021 from the sales of crude oil, gas, condensates, oil products and petrochemicals amounted to rec…
Oil Price
Crude Oil Falls Nearly 2% Ahead of OPEC+ talks
Oil prices fell nearly 2% on Monday after hitting their highest since 2018 earlier in the session, as a spike in COVID-19 cases in Asia and Europe put a brake o…
China
Celebrations for CPC's Centenary Heat up Across China, Showing Confidence and Capacity in the Party's Path
With the upcoming centenary of the founding of the Communist Party of China approaching on July 1, spectacular light shows, a variety of performances and boomin…
Market Analysis
Renewable Energy Sources Provided more than a Quarter of Total U.S. Electrical Generation in April
Electrical generation by renewable energy sources set a new record in April 2021 and accounted for 25.7% of total U.S. production.
Crude Oil
Crude Advances as Opec+ Set to Open Taps at Next Meeting
WTI, which settled just shy of $75 a barrel on Friday, is up by about 53% this year
Solar Power Plant
TOGO: Exim Bank of India Finances the Electrification of 350 Localities Via Solar
Exim Bank of India is providing USD 40 million to the Togolese government for the electrification of 350 localities via solar photovoltaic energy.
Hydrogen Project
Howden Signs Green Hydrogen Agreement with Nel
Global provider of mission critical air and gas handling products, technologies and services, Howden, has signed a framework agreement with Nel Hydrogen Electro…
Crude Oil
Opec+ Leaves 500,000 b/d August Output Rise on Table
Shrinking OECD inventories and rising global crude prices could lead the Opec+ coalition to consider a 500,000 b/d production rise when it irons out its August …
Nuclear Power Plant
Concreting Completed of Inner containment fourth tier at Rooppur 2
During the concreting process, four concrete placing booms were used to maintain fluidity and reduce defects.
HVDC
NKT Completes High-Voltage Power Cable Replacement for Swedish Hydropower Plant
A 400 kV high-voltage power cable from NKT is now bringing renewable energy from the Letsi hydropower plant to the Swedish power grid after a successful replace…
PowerGrid Technology
Grid Enhancing Technologies Advocated to Boost Renewables in US
The Efficient Grid Interconnection Act of 2021 has been introduced to expand access to clean energy and reduce grid congestion in the US.
Hydropower Plant
Drax Kicks off Cruachan Expansion Planning Process
Project to expand the pumped hydro plant in Scotland to over 1GW is expected to create nearly 900 jobs
Coal Production
Adani's Australian Business Bravus Strikes Coal at Carmichael Project
Bravus Mining and Resources CEO David Boshoff said it was an exciting day for 2,600-plus people on the project, a day that has been in the making for over a dec…
Oil Price
Russian Domestic Oil Prices Soar to All-Time High
Traders said oil for July delivery at the regional metering points jumped to between 36,700-37,100 roubles per tonne, up from 32,900-33,600 roubles a month earl…
Natural Gas
Siemens Energy Selected for Canadian Carbon-Neutral Gas Projects
Technology company Siemens Energy has been selected to provide various services for the implementation of carbon-neutral natural and liquefied gas energy projec…
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