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Electricity Trade

OPEC Fund Approves $25 Million Loan for Tajikistan’s Rogun Hydropower Plant

The OPEC Fund for International Development (OPEC Fund) has approved a $25 million loan to support the construction of the Rogun Hydropower Plant (HPP) in Tajik…

PowerGrid Technology

Highview Power Plans to Develop 2.5GWh LDES Project in Scotland

Scotland’s First Minister meets Highview Power executives as the project launch promises to boost the region.Highview Power has announced plans to develop…

LNG

Russia Seeks Over $1 Billion in Damages From Shell, Report Says

The Russian General Prosecutor's office was seeking to collect more than 1 billion euro ($1.09 billion) in damages from international energy major Shell (SH…

Nuclear Technology

US Startup Last Energy Plans Micro Nuclear Project in Wales

Fog begins to clear from electricity pylons near LLanddowror, WalesU.S. startup Last Energy plans to build a 300 million pound ($391 million) micro nuclear proj…

Oil & Gas Trade

Conocophillips Seeks to Keep Priority as Creditor in Citgo Auction

ConocoPhillips (COP.N), has filed a court motion to preserve the U.S. oil producer's almost top priority among Citgo Petroleum creditors to cash proceeds fr…

Wave Energy

Ocean Power Technologies Shakes Hands With Kuwaiti Firm to Explore Offshore Energy Projects

The agreement paves the way for the deployment of OPT’s wave adaptive modular vessels (WAM-Vs), unmanned surface vehicles (USVs), as well as next-generati…

Wind Farm

OX2 Acquires 1 GW Onshore Wind Project in Australia

Photo by Pixabay via PexelsA battery energy storage will also be built to support the plant.OX2 has secured its inaugural onshore wind power project in Australi…

Oil & Gas Trade

Vietnam Electricity and Oil and Gas Group Seal PPAs for Nhon Trach Plants

Vietnam Electricity (EVN)Vietnam Electricity (EVN), Vietnam Oil and Gas Group, along with their member units have signed several deals, which includes power pur…

Solar Power Plant

Inkia Energy Approved to Expand Solar Generation Capacity in Peru

Panoramic view of Cerro del Águila hydroelectric power plant in Perú. Credit: Inkia Energy / PRNewswire.Peruvian power generator Inkia Energy has …

Nuclear Power Plant (NPP)

EDF Seeks to Raise up to £4 Billion to Help Fund Construction of Uk’s Hinkley Nuclear Plant

Cranes surround a reactor under construction at Hinkley Point C, in Bridgwater, on Sept. 27.Electricite de France SA is holding talks with investors over fundin…

Electricity Trade

Bangladesh Likely to Keep Power Deal with India’s Adani, Sources Say

Electric power transmission pylon miniatures and Adani Green Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/…

Electricity Trade

BASF Signs Long-term Renewable PPA in China

BASF signs a power purchase agreement with CLP and Envision Energy. Image by BASF.German chemicals group BASF SE (ETR:BAS) said it signed today a 10-year power …

Oil & Gas Trade

Mexican President Says New Pemex Refinery Running at About 80% of Capacity

The logo of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha/File Photo Purc…

Electricity Trade

Big Tech Proposes Power-rate Terms in Ohio Data-Center Fight

Microsoft (MSFT.O) ，Alphabet (GOOGL.O), Meta (META.O) ，Amazon (AMZN.O)along with other companies, have proposed an alternative framework for how data centers pay …

Electricity Transmission

Over 3 Million Florida Customers Without Power Due to Hurricane Milton

Mobile homes surrounded by flood water after Hurricane Milton made landfall, in St. Petersburg, Florida, U.S. October 10, 2024. REUTERS/Octavio JonesPurchase Li…