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Power Construction

Ukrainian Banks Finance Power Plants With Capacity of 310 MW in June-Oct 2024

Ukrainian banks provided financing to power plants with total capacity of 310 MW in 21 regions in June-October 2024, Ukrainian media reported with reference to …

Wave Energy

Wave Energy Tech Could Drive Down Solar Costs in Australia

WaveX founder Simon Renwick has told pv magazine that including wave energy in a solar farm’s energy mix could reduce its capital expenditure by 50%, acco…

Crude Oil

Polish oil and gas group Orlen may suspend or terminate Olefins project

Polish oil and gas company Orlen said it is reassessing the future of its Olefin III petrochemical project due to profitability concerns, adding that it is expl…

Hydrogen Technology

TA’ZIZ Secures $2 Billion for Blue Hydrogen Ammonia Infrastructure in UAE

EPC contracts advance TA’ZIZ’s strategy to drive UAE’s industrial growth as it supports ADNOC’s ambition to become a top five global che…

Norway

Höegh Evi, Port Of Port-la Nouvelle To Develop Floating Terminal For H2 Imports

As informed, the hydrogen will be imported from producers located in the Middle East, North Africa and the Americas.The partners believe that the new terminal w…

Solar Power Plant

Solar Industry Slams NESO For Undervaluing Solar Potential

A recent report by the National Energy System Operator (NESO) has sparked concerns from Solar Energy UK, which argues that the potential of solar power and batt…

Japan

Japan To Sign Outline Deal On Technology Use For Nuclear Plant In Poland

The Japanese and Polish governments will on Thursday sign a memorandum of understanding on cooperation in nuclear energy, Poland’s industry ministry said.…

Oil & Gas Trade

Energy Transfer Boss Hails Trump Win as ‘Breath of Fresh Air’ for Oil and Gas Industry

The co-chief executive officer of pipeline company Energy Transfer LP welcomed the election of Donald Trump as US president, saying his administration will brin…

United States

Clean Energy Shares Tumble as Panic Takes Hold on Trump Win

Shares in clean energy companies plunged after a US election victory for Donald Trump, who has long criticized climate policies as the green new scam and has sa…

Offshore Wind Power

Vestas Plunges 12% as Profit Seen at Low End of Guided Range

Vestas Wind Systems A/S shares tumbled to the lowest level since 2020 after the turbine maker said it expects earnings for the full year at the lower end of its…

Saudi Arabia

Aramco Cuts Oil Prices to Asia for December After OPEC+ Delay

Saudi Arabia lowered oil prices for buyers in Asia for December after members of the OPEC+ producers group said they will push back production increases by one …

Oil Price

Oil Tumbles With Trump Trades Aiding Dollar as US Counts Votes

Oil fell as Donald Trump’s increasing chances of winning the presidential race boosted the dollar to a one-year high, while an industry report signaled a …

Wind Power Project

Sweden Rejects Baltic Sea Wind Farms, Citing Defence Concerns

Sweden has rejected applications to build 13 offshore wind farms in the Baltic Sea due to defence concerns, while giving the go-ahead to one on its west coast, …

Crude Oil

US Crude Oil Pipeline Squeeze Boosts Prices At Gulf Coast Export Hub

The difference in prices for U.S. shale oil in West Texas and at Houston has widened in the last two months on dwindling pipeline space to move the crude to the…

Photovoltaic （PV）

Chinese Company Bullish On Cuban Solar Drive, Executive Says

Hangzhou Duojia Technology, which distributes solar technology to Cuba, called a Cuban plan to dramatically boost solar generation a win for both countries, tou…