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Oil Price
UAE Cuts 2021 Federal Spending by 5.3% on Low Oil Prices, COVID-19
The UAE, OPEC's third largest producer, lowered its federal spending for 2021 by 5.3% after a record budget this year, the government said Nov. 1, as low oil pr…
Paris Climate Agreement
No Matter Who Wins, the US Exits the Paris Climate Accord the Day After the Election
If victorious, Democrat Joe Biden has promised to swiftly rejoin. But the process would be tricky, like jumping on a moving train.
Crude Oil
US Election 2020: Tough Choices for Oil Industry
Presidential election presents two superficially distinct paths for the US oil and gas industry — four more years of "energy dominance" under President Donald …
Wind Turbine
Goldwind Advances in Brazil’s Wind Power
Chinese wind turbine maker Goldwind has signed a new contract in Brazil, which expands the company’s local presence and signals the eastern appetite for more b…
Tajikistan
Tajikistan’s Hydropower Resources Boost Green Electricity
Tajikistan has huge hydropower resources and is one of the world’s largest producers of green energy, Tajikistan’s President Emomali Rahmon said during a meet…
Wind Power Project
Ørsted Announces Acquisition of Haystack Wind Project in US
Denmark-based green energy company Ørsted has announced the acquisition of the Haystack Wind project in Wayne County, Nebraska, US, with a capacity of 298MW.
Carbon Neutral
Infosys Becomes Carbon Neutral; Outlines ESG Vision for 2030
India's second largest software services firm Infosys on Wednesday said it has turned carbon neutral, three decades ahead of the timeline set by the Paris Agree…
Oil Field
BP Starts Gas Production from Qattameya Field, Offshore Egypt
BP has announced the start of gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession.…
Oil Price
Oil Plunges To $35 As Lockdowns Return
Oil prices extended their 5-percent slump from Wednesday into Thursday morning, plunging by another 5 percent, with WTI Crude sliding to $35 a barrel.
Hydropower Plant
Ashkot Hydropower Project | Technical Details
On 6 December 2017 the AJ&K Council gave its consent to PPIB for further processing and development of the 300MW Ashkot HPP.
Nuclear Power Plant
Decommissioning Deal for Six UK Nuclear Power Plants
Nuclear clean up company Magnox has awarded a contract to industrial services group Altrad for support services across six nuclear decommissioning sites in the …
Electricity Trade
Pakistan is China's Largest Transformer Export Market in the First Half of the Year
According to China Customs statistics, from January to June 2020, China’s exports of major transformers and parts and accessories were US$910 million, an incre…
Microgrid
Al Masaood Power Introduces Smart Microgrid Solutions During First Ever Virtual Edition Of WETEX
Use of microgrids is part of the UAE Energy Strategy 2050.
Solar Power Plant
Yellow Door Energy Completes Massive Rooftop Solar Plant For Future Pipe Industries
Yellow Door Energy, a UAE-based sustainable energy provider for businesses, has successfully commissioned a 2 megawatt-peak solar plant for Future Pipe Industri…
Sweden
Vattenfall Records Q3 Fall in Wind Profits
Swedish energy company cites lower availability of offshore wind power and lower electricity prices.
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