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Crude Oil

OPEC+ Fails To Hike Oil Production, Delays Decision Again

OPEC+ much-awaited resumption of talks today has now been delayed, indicating that Saudi Arabia and the UAE have not been able to broker any agreement after the…

Hydrogen Project

Sasol, IDC Sign MoC to Develop South Africa’s Green Hydrogen Economy

Sasol and the Industrial Development Corporation of South Africa have unveiled a new memorandum of cooperation today to develop and shape an enabling environmen…

Nigeria

The Petroleum Industry Bill and the Quest for a New Nigeria

LAST week, Thursday July 1, the Senate finally passed the long-awaited Petroleum Industry Bill, PIB.

Coal Trade

South African Coal Export Rail Line Partially Reopens

One of the main coal export rail lines to South Africa's Richards Bay Coal Terminal has partially reopened following a 31-car derailment on 3 July, but the othe…

Crude Oil

Opec+ Resumes Output Talks Amid UAE Standoff

Opec+ ministers are due to resume talks at 15:00 Vienna time today to try to defuse what is fast becoming the group's most serious crisis since it embarked on i…

LNG Carrier

Hyundai Heavy Industries Attains 94% of Order Intake Goal for 2021

Korea Shipbuilding & Offshore Engineering, an intermediate holding company in charge of the shipbuilding business of Hyundai Heavy Industries Group, attained 94…

Gas turbine engine

Wärtsilä to Deliver Six Gas Engine Power Plants in Italy

Finnish energy technology company Wartsila has signed contracts with Italian utility Metaenergiaproduzione for the construction of six power plants.

Energy Storage Battery

DNV and Dutch Partners Launch Test Lab for Battery Systems

Engineering firm DNV has partnered with a consortium of Dutch emergency services and municipalities responsible for public safety to establish a new test lab fo…

LNG

World's Largest Dual-Fuel Container Ship Construction Project Concluded

So far, all 9 super large ships of the project have been completed and delivered on time, achieving a perfect ending.

Power Cable

Nexans Opens New Cable Facility in China

The Tianjin Factory will Produce a Wide-Range of Products for the Wind industry.

Coal Production

India's Coal Production Drops Marginally by 2% to 716 million Tonnes in FY'21

India's total coal production registered a marginal decline of 2.02 per cent to 716.084 million tonnes during the last fiscal year

Solar Power Plant

Hanwha Q Cells Ties up with Samsung to Provide Home Energy Solution

Their main target is Europe and the United States.

Electric Vehicle Battery

Blackstone Battery Production Capacity to Increase Tenfold

Blackstone Resources AG announced that its German subsidiary Blackstone Technology GmbH will increase its battery production capacity tenfold to 500 MWh per ann…

Hydrogen Project

Saudi Arabia Aims To Dominate The Global Hydrogen Market

While Saudi Arabia continues to develop its oil industry, it is not shying away from alternative energy options, with state-owned Aramco now heavily investing i…

Hydrogen Project

World's Biggest Green Hydrogen Project Announced for Kazakhstan

Germany's Svevind has announced plans for a colossal green hydrogen project that will place some 45 gigawatts of wind and solar energy generation on the vast st…