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Hydrogen Project

LONGi Takes Aim at Green Hydrogen Market with New Business Unit

LONGi Green Energy has confirmed the creation of a new business unit centred around the world’s nascent green hydrogen market.

Nuclear Reactor

Japan's JGC Invests in NuScale Power

Japanese engineering, procurement, and construction firm JGC Holdings Corporation has agreed to invest USD40 million in small modular reactor developer NuScale …

Crude Oil

UAE Presents Phenomenal Plan To Boost Its Position As Oil Hub

The first of these developments - announced by UAE Vice President and Prime Minister, Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister o…

Crude Oil

OPEC Is Betting Big On Robust Oil Demand Recovery

Last week’s surprise decision from OPEC+ to ease the production cuts by a cumulative 2 million barrels per day by July relies on expectations of robust oil dem…

Digitalization

Dubai's Enoc Plans to Spend Dh250m on Digital Transformation

The company has already begun training staff on the role digitalisation will play in its growth over the next 15-20 years

Hydrogen Production

Ørsted’s 1GW Hydrogen Plant to Decarbonise Dutch-Flemish Industry

‘SeaH2Land’ is a project designed to link GW-scale electrolysis to the large industrial demand in the Dutch-Flemish North Sea Port cluster through an envisage…

Hydrogen Project

Green Hydrogen Systems Chosen as Electrolysis Provider for Australian Poject

Green Hydrogen Systems, a leading provider of efficient pressurised alkaline electrolysers used in onsite hydrogen production based on renewable electricity, an…

Energy Storage Battery

Lithium-ion Battery Costs Continue to Decline

Lithium-ion battery costs have declined by almost 100% since their introduction 30 years ago, new study shows.

Hydrogen Project

Germany's GICON Inks Green Energy MoU with Vietnam Petroleum Institute

Germany-based energy-sector engineering group GICON and the Vietnam Petroleum Institute have recently signed a memorandum of understanding to establish a collab…

Solar Technology

Saudi Arabia Aims for 50% Renewable Energy by 2030, Backs Huge Tree Planting Initiative

The target will require huge investments in solar technologies, experts warn, as less than 1% of the oil producing nation’s energy comes from renewables

Wind Power Project

Vietnam Plans to Double Wind Power Generation by 2030

A power development plan published by Vietnam’s Ministry of Industry and Trade foresees a doubling of wind energy production by 2030 and a tripling of renewabl…

Transformer

First Philec to Produce ‘Green’ Transformers

First Philec Inc., The Philippines’ largest transformer manufacturer, has announced the launch of green transformers made from 100 percent recyclable and biode…

Oil & Gas Supply

OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision

A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group …

Oil & Gas Supply

U.S. Calls On Saudi Arabia To Ensure Supply Of Affordable Energy

The United States has called on Saudi Arabia to make sure there is “affordable energy” supply in the world, ahead of today’s OPEC+ meeting where the cartel w…

Nuclear Reactor

US Scientists Introduce New Fusion Reactor Concept

The Compact Advanced Tokamak concept enables a higher-performance, self-sustaining configuration that holds energy more efficiently, allowing it to be built at …