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Solar Materials
Xinyi Solar Projects Steep Profit Decline in 2024
Xinyi Solar says it expects a 70% to 80% profit decline for the year ending Dec. 31, 2024, due to low market prices, higher plant suspension costs, and inventor…
Oil Price
Oil Inches Lower in Thin Trade, Investors Eye China, US Data
Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the U.S. later this week to …
Oil Exploration
Kharabsheh Follows up on Achievements of Petroleum Exploration Projects
The Minister of Energy and Mineral Resources, Saleh Kharabsheh, reviewed the progress of priority initiatives outlined in the Economic Modernization Vision (202…
Natural Gas
Subsea7 Expands Its Scope for Giant Black Sea Gas Project With IRM Services
Subsea7 has secured a contract with Turkish Petroleum Offshore Technology Center (TP-OTC) to provide inspection, repair and maintenance (IRM) services for T&uum…
Oil Exploration
Afghanistan Receives Oil Extraction Equipment for Amu Darya Basin
The spokesperson stated that exploration and extraction work is currently underway on some oil wells in the area, with the work on some of them already complete…
Natural Gas
Upstream Oil, Gas Sector Key to Indonesia’s Energy Self-Sufficiency
The upstream oil and gas sector is key to accelerating the achievement of Indonesia's energy self-sufficiency target, according to Energy and Mineral Resour…
Offshore Wind Power
ABL Secures Contract for TenneT’s Dutch Offshore Wind Export Cables
ABL has been awarded a contract to provide marine warranty survey services for the installation of three 2GW export cable systems – the IJmuiden Ver Beta,…
China
Iron Ore Price Rebounds on Improving Steel Margins, Falling Portside Stocks
Iron ore futures prices rebounded on Monday, helped by improving steel margins, falling portside stocks and stimulus hopes in top consumer China, although gains…
Natural Gas
Eni Fires up Africa Oil and Gas FPSO Project
Eni on Saturday successfully started production of Phase 2 at its Baleine field offshore Ivory Coast, which will boost production at the asset to 60,000 barrels…
China
China Smelter Group Agrees to Lower Q1 Copper Charges
China’s top copper smelters agreed to price guidance for processing charges in the first quarter of 2025 that was lower than this quarter’s guidance…
Hydrogen Fuel Cell
AI Replaces Humans in Identifying Causes of Fuel Cell Malfunctions
Dr. Chi-Young Jung's research team from the Hydrogen Research & Demonstration Center at the Korea Institute of Energy Research (KIER) has successfully devel…
Energy Investment
Toyo Invests In Japan’s Offshore Renewable Sector
Toyo Construction has invested in Japan’s emerging offshore wind sector by purchasing a market-leading trenching ROV from underwater technology and servic…
Energy Storage System
BESS Successful as Negative Price Periods Increase
Power demand has fallen in Britain by over 20% since 2010, with improved energy efficiency and reduced output in the commercial and industrial sectors being the…
France
European Electricity Market Prices Rose Over Christmas Week as Wind Power Fell and Gas Rose
In the fourth week of December, prices in most major European electricity markets rose, exceeding €100/MWh on a weekly average. These rises were driven by …
Solar Panel
Aluminum Frames Lead Solar Panel Costs Amid Shifting Industry Prices
SinoLink Securities says aluminum frames now dominate solar panel costs, as material price shifts reshape the cost structure of the PV industry and drive the ne…
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