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Oil & Gas Trade

U.S.-China Trade Tensions would Ease and on Hopes, Crude Oil Prices held mostly Steady

Crude oil prices held mostly steady on Tuesday on optimism that U.S.-China trade tensions would ease and on hopes that major economies would enact stimulus meas…

Oil&Gas Drilling

CNOOC Acquires 55.55% Interest in Svenska’s Acreage Off Guinea-Bissau

FAR Limited has approved the Request for Transfer of Interest from Svenska Petroleum Exploration GB of a 55.55% participating interest in the highly prospective…

Offshore Wind Power

Cumulative Global Offshore Wind Market Installed Capacity Could Reach 193GW by 2030

The offshore wind market could reach a cumulative capacity of up to 193GW by 2030 and more than 500GW by 2050, according to a report by the National Renewable E…

Energy Storage Battery

Bloom Energy Microgrids Helped Customers Continue to Operate through Power Outages

A heat wave and storms led to power outages that plunged hundreds of thousands of New York and New Jersey electricity customers into darkness last weekend. Airp…

Energy Storage System

The Virtual Power Plants Markets is Expected to Be Worth $4.5bn by 2024

The global market for virtual power plants is expected to be worth $4.5bn by 2024 according to new research.At the moment the US is the dominant market for the …

Power Construction

Australia is Planning for A Plan to De-Carbonise The Grid

It could not factor in a carbon price in its Integrated System Plan because it was not clear there would ever be one, thanks to the intransigence of the Coaliti…

Oil & Gas Trade

The Iranian Oil Tanker has Departed From Gibraltar after the British Overseas Territory

The Iranian oil tanker at the center of a diplomatic dispute has departed from Gibraltar after the British overseas territory rejected a US demand to seize the …

Nuclear Power Plant

The European Bank Consider the Commercial Financing of Nuclear Safety and Decommissioning

"Longer term I think we need to move away from dealing with legacies and work with countries interested in financing safety improvements and waste management pr…

Atommash has Completed Hydraulic Tests of the Reactor Vessel

Atommash, part of the Volgodonsk branch of AEM Technology, has completed hydraulic tests of the reactor vessel of the MBIR multipurpose sodium-cooled fast neutr…

Global Power Demand Will Grow by 62% Between Now And 2050

Bloomberg NEF's latest New Energy Outlook report predicts that global power demand will grow by 62% between now and 2050, equating to 1.5% increase a year.

Electric Car

Are Electric Cars Really As Good for the Enviroment As We Think?

Electric cars are set to charge ahead and replace their fossil fuel-guzzling cousins in the coming years as Europe hunts for ways to fight climate change. Are t…

Great Wall Motors Focus on Hydrogen and Fuel Cell Technology for Openning New Shanghai Headquarters

Wei Jianjun, chairman of Great Wall Motors, said “the Jiading base will be developed relying on vigorous endeavors from enterprises and research institutions, …

Ulsan Plans to Build South Korea's First Pipeline System to Supply Hydrogen

The city signed an agreement with six agencies and businesses including the Korea Gas Safety Corp. (KGS) on Tuesday to build pipelines between hydrogen filling …

Nuclear Power Plant

Batan to Cooperate with Indonesian Power Company

Indonesia's National Atomic Energy Agency has signed a Memorandum of Understanding (MoU) with utility PT Indonesia Power to cooperate in the use of nuclear tech…

Nuclear Power Plant

Regulators formalise technical collaboration on SMR regulation

The US Department of Energy has awarded funds to build SMR simulators at three US universities.