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Philippines

Philippines Energy Chief: 2023 Power Supply Conditions Look 'Difficult'

The Philippines' energy minister said on Monday the country's power supply situation next year is likely to be difficult, with some hydro plants expected to be …

Oil Price

Oil Takes a Breather, Eases off 5-Week Highs

Oil prices slipped on Monday, easing off five-week highs, as the market took profits following strong gains last week on expectations of tighter supplies follow…

OPEC

Saudi Aramco to Keep Full Oil Supplies to N. Asia in Nov Despite OPEC+ Cuts

Saudi Aramco has told at least five customers in North Asia they will receive full contract volumes of crude oil in November

Natural Gas

Energean Begins Tests at Disputed Israel-Lebanon Border Gasfield

Lebanon and Israel have engaged in on-off indirect talks since 2020 to delineate their Mediterranean border

Natural Gas

German Gas Commission Wants One-off Payment Now, Price Break Next Year

Germany's expert commission charged with drawing up plans to ease the impact of soaring gas prices on consumers favors a one-off payment this year and a price b…

France

TotalEnergies Says It Is Ready to Hold Wage Talks in October

French energy group TotalEnergies on Sunday proposed annual wage negotiations to start this month, subject to the end of industrial action that continues to res…

Coal-Fired Power Plants

South African State Utility Reinstates Rolling Power Cuts from Monday

South African state utility Eskom said on Sunday it would resume rolling power cuts from Monday till Wednesday during night-time to attend to unplanned breakdow…

OPEC

OPEC Oil Cuts Bad for Global Economy, Treasury Secretary Janet Yellen Tells Financial Times

U.S. Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was "unhelpful and unwise" for the global economy, especially e…

LNG

Petronas Pipeline Leak Hit Part of Malaysia's LNG Exports

Contracts to export Malaysian liquefied natural gas (LNG) that sources gas from the northern Borneo state of Sabah are under force majeure following a pipeline …

Australia

Australian Tech Billionaire to Chair $20 Billion Solar Power Export Project

Australian software mogul Mike Cannon-Brookes was named chairman of clean energy start-up Sun Cable

Energy Storage Battery

The World Desperately Needs to Invest More in Battery Storage

Over the past year, energy companies have been steadily planning for the development of battery storage facilities, to support their renewable energy operations…

Wind Turbine

Goldwind Will Supply 111 Wind Turbines to the Wind power in Uzbekistan

Goldwind has secured a new deal with Masdar, Abu Dhabi Future Energy Company to supply 111 units of GW155-4.5MW turbines, which is the largest of its kind in Uz…

Solar Power Panel

Dewa Invites International Expressions of Interest for Phase 6 of Dubai Solar Park Project

The utility continues to focus on boosting the production of clean energy in the emirate with independent power projects

Crude Oil

Putin Orders Seizure of Exxon-led Sakhalin 1 Oil and Gas Project

Russian President Vladimir Putin signed a decree on Friday that establishes a new operator for the Exxon Mobil Corp-led Sakhalin-1 oil and gas project in Russia…

Crude Oil

China Releases First Batch of 2023 Crude Oil Import Quotas

China has issued the first batch of crude oil import quotas for 2023, mainly to independent refiners, four sources familiar with the matter said on Saturday.