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Oil & Gas Trade

Oil to Trade Between $68 and $75 in Second half of 2021 Amid Rising Demand, Iraq Minister Says

Crude prices have increased due to supportive Opec+ policies and growing demand as economies reopen

Oil Exploration

Equinor Makes Minor Oil Discovery in North Sea

Norwegian oil and gas company Equinor has made a minor oil discovery near the Visund field in the North Sea offshore Norway, which will be a tie-in to the plann…

Power Construction

DEWA Commissions 438 11kV Substations In The First 4 Months Of 2021

These stations are at Dubai Marina, Umm Nahad 3, Al Yafra 2, and Al Qusais Industrial Area 5

Energy Security

Texas Faces Another Power Crisis Amid Heat Wave

The Electric Reliability Council of Texas has asked Texans to reduce power consumption through Friday of this week.

Wind Turbine

Nordex Could Install 1 GW of Wind Power in Australia

Nordex and Acciona Energía are in advanced contract negotiations and are about to reach an agreement in principle for the supply and installation of up to 180 …

Nuclear Power Plant

Kenya Makes Nuclear Infrastructure Progress

The International Atomic Energy Agency has provided an update on Kenya's progress since its 2015 Integrated Nuclear Infrastructure Review mission.

Nuclear Reactor

Chinese EPR Experiences 'Performance Issue'

Unit 1 of the Taishan nuclear power plant is operating at full power and there has been no release of radiation at the plant or in the surrounding area.

Wind Farm

Telstra Wind Farm Deal Boosts Renewables Commitment

Telstra detailed plans to further reduce its carbon footprint and become a leader in renewable energy, unveiling a new wind farm partnership in New South Wales.

Hydropower Plant

Kidston Pumped Storage Project Breaks Ground

Genex Power yesterday marked the construction of its flagship 250MW Kidston Pumped Storage Hydro Project in Queensland, Australia, with an official ground break…

Oil&Gas Drilling

Jadestone to Close Maari Field Deal in 2H 2021

Singapore’s Jadestone Energy expects to complete the acquisition of the 69 per cent operated interest in the Maari asset.

LNG

Crown LNG to Develop LNG Terminal Offshore India

Crown LNG Holding AS, a Norwegian group which specialises in developing LNG infrastructure for harsh weather conditions, has initiated development of an LNG ter…

Nuclear Reactor

Third Tier of Inner Containment Installed at Akkuyu 1

The installation of the cylindrical structure, weighing 322 tons, took a whole day.

Coal Production

Chile, NE Asia Bolster Drummond's Coal Exports

A spike in Chilean demand and firm loadings for northeast Asia supported Colombian coal producer Drummond's thermal coal exports in May, company figures show.

Hydrogen Project

ABB and Axpo to Collaborate on Affordable Green Hydrogen Project

ABB has joined forces with Swiss utility Axpo to develop modular green hydrogen production plants in Italy, with the aim of creating an optimum operating model …

Energy Storage Battery

Northvolt Raises $2.75bn to Increase Battery Production Capacity

Northvolt plans to increase the annual production capacity of its gigafactory from 40GWh to 60GWh.