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Hydrogen Production

Treasury, IRS release final regulations for 45V Clean Hydrogen Production Tax Credit

The U.S. Department of Treasury and Internal Revenue Service on Jan. 3 released final rules for the Section 45V Clean Hydrogen Production Tax Credit established…

Gas power plant

Officials Approve Duke Energy’s Plan to Replace Coal With Gas-Fired Units

Regulators in North Carolina have approved Duke Energy’s plan to replace some of the utility’s coal-fired units with natural gas-fired generation.Th…

Coal Mine

Peabody Announces First Coal Shipment From Centurion Mine

The inaugural shipment was delivered to the Dalrymple Bay Coal Terminal and loaded for export to a customer in Asia last week. This achievement highlights Centu…

Hydropower Plant

Mpiana-Mwanga Hydroelectric Station Generates Renewable Energy After 30-Year Hiatus

Katamba Mining has successfully recommissioned the Mpiana-Mwanga hydroelectric power station in the Democratic Republic of the Congo, marking the first time in …

Vietnam

Sembcorp Revises Timeline for Vietnam Hydropower Acquisition

Sembcorp Industries has updated the timeline for completing its acquisition of a 49MW hydropower asset in Vietnam, part of a larger deal to expand its renewable…

Nuclear Power Plant (NPP)

Cold Hydro Testing Under Way at Slovakia’s Mochovce 4

Mochovce 3 and 4 will each produce 13% of Slovakia's electricity needs.The second stage of cold hydro testing of the primary circuit has begun at Mochovce n…

Natural Gas

Fixing Iran’s Gas Shortages Needs $45 Billion, Says Oil Minister

Iran needs $45 billion in investment to resolve its chronic winter energy deficit and worsening air pollution, the country's Oil Minister Mohsen Paknejad sa…

Nuclear Power Plant (NPP)

Pakistan Atomic Energy Commission Gets Licence for Chashma Nuclear Plant

The C-5 unit is said to be the largest electricity producing nuclear power plant in Pakistan upon completion.The Pakistan Atomic Energy Commission (PAEC) has se…

Oil Price

Oil Prices Post 3% Annual Decline

Oil prices fell around 3 percent in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and …

Oil Refinery

New Refineries: NNPCL May Cut Crude Supply to Dangote Plant

The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, excep…

Crude Oil

Nigerian Govt Targets 3M Bpd Oil Production by 2025 – Lokpobiri

The Federal Government has announced plans to collaborate with the Nigerian Navy to achieve its target of 3 million barrels per day, bpd, in crude oil productio…

Natural Gas

Senegal, Mauritania Take Step Towards Shared Gas Production

Senegal and Mauritania said Wednesday they had moved a step closer towards producing gas after opening the first well at a field off their maritime border.The t…

Natural Gas

Prioritising Imported RLNG to Domestic Gas Harms Energy Sector

Pakistan’s energy sector is grappling with escalating financial issues, primarily driven by the forced suspension of domestic natural gas production. Curr…

Oil&Gas Drilling

Greening Offshore Drilling: Rigs Powered by Alternative Fuels in Pursuit of Low-Emission Era

As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts…

Ammonia

LUPro Signs Tripartite Agreement with Oman and Thailand Energy Firms for Green Ammonia Production: 1 Million-Ton Facility Planned in Duhok

As Oman, an oil-producing country in the Middle East, is rushing to shift from oil to green energy, it has joined hands with a Korean company to commercialize g…