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Offshore Wind Power
Statkraft and Aker Offshore Wind Explore Project Opportunities in Norway
European renewable energy producer Statkraft, Aker Offshore Wind and Aker Horizons have signed a cooperation agreement to explore commercial-scale offsh…
General Electric Upbeat on 2021 after Profitable 2020
In the fourth quarter, GE reported $2.4 billion in profits, more than four times the level in the year-ago period, reflecting the benefits of cost-cutting initi…
Energy Transition
Saudi Arabia Seeks European Partners to Develop Hydrogen
The world's largest oil exporter is looking to add 50% renewables to its energy mix
Croatia
Croatian Firm Končar Celebrates 100 Years
Croatian electrical, transport and energy company KONČAR has just turned 100 years old.
Hydropower Plant
Nigeria’s Jebba Hydropower Plant to Undergo Rehabilitation
Nigerian hydroelectricity company Mainstream Energy Solutions Ltd. has awarded Andritz – Austrian plant engineering group – the contract to modernize a genera…
Nuclear Power Plant
Video: The Philippines Considers Reviving Nuclear Plant to Meet Energy Demand
The Philippines is looking to revive its dormant nuclear power plant to solve its energy crisis.
Nuclear Power Plant
Hinkley Point C Nuclear Power Station Delayed and Costs Rise
Hinkley Point C – the nuclear power station being built in Somerset – is set to be delayed and costs are likely to be £500 million more than previously thoug…
NEA, IFNEC and Poland Launch Nuclear Financing Initiative
The OECD NEA has launched an initiative together with Poland's Ministry of Climate and Environment and the International Framework for Nuclear Energy Cooperatio…
Gas power plant
China First Floating Natural Gas Power Plant Officially Enters the Implementation Stage
It marks that China's first floating natural gas power plant has officially entered the implementation stage.
Electric Car
President Joe Biden Commits to Replacing Entire Federal Fleet with Electric Vehicles
The commitment, if it bears out, could give a boost to U.S. automakers, particularly those that have diverse portfolios that include passenger cars, commercial …
Oil Field
Video: Tarim Oilfield Supplies over 270 bln Cubic Meters Gas to East China
Tarim Oilfield in Xinjiang, NW China, has supplied over 270 billion cubic meters of natural gas to 15 provinces and regions via the country's West-to-East gas p…
Oil Exploration
Russia’s Gazprom and LUKOIL Mull JV for Developing Fields in Nenets Area
The Vaneyvisskoye and Layavozhskoye fields have the aggregate recoverable reserves of 27.4 million tons of liquid hydrocarbons and 225.3 bcm of natural gas
Oil & Gas Trade
IMF Sees Oil Prices Averaging $50 In 2021
Oil prices are set to average $50 per barrel for 2021, rising by 20 percent from the average last year, but still well below the average for 2019
Hydrogen Fuel Cell
Transactions of Fuel Cell Energy Surge with Growing Hydrogen Economy
Last year’s transactions of fuel cell electricity showed a dramatic increase over 2019, driven by the expansion of the hydrogen economy.
Liquid Hydrogen
Kawasaki Heavy To Start Liquid Hydrogen Shipments Spring 2021
Japan’s Kawasaki Heavy Industries is aiming to replicate its success as a major liquefied natural gas (LNG) tanker producer with hydrogen, a key element that m…
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