Ea

Solar project

Sembcorp Utilities Activates 588 MW of Solar in Oman

Singapore’s Sembcorp Utilities has launched commercial operations at its 588 MW solar plant in Oman more than four months ahead of schedule. The project o…

Solar Materials

Xinyi Solar Projects Steep Profit Decline in 2024

Xinyi Solar says it expects a 70% to 80% profit decline for the year ending Dec. 31, 2024, due to low market prices, higher plant suspension costs, and inventor…

Natural Gas

Saipem’s Castorone en Route to Türkiye’s Largest Natural Gas Field for Pipeline Installation

Saipem’s pipelay vessel Castorone is on its way to the Black Sea where it will perform offshore pipeline installation for the second phase of Türkiye…

Oil Price

Oil Inches Lower in Thin Trade, Investors Eye China, US Data

Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the U.S. later this week to …

United States

New York Fires $75 Billion Shot for Big Oil to Foot the Landmark Climate‘Superfund’ Bill

As the climate crisis continues to wreak havoc across the globe, New York has taken decisive action to hold fossil fuel players accountable for their pollution …

Renewable Energy

EIB Signs €100 Million Green Loan With Iberdrola

The European Investment Bank (EIB) and Iberdrola, backed by SACE’s Archimede Guarantee, have signed a new €100 million green loan agreement to build …

Libya

Libya’s Oil Production Surpasses Annual Target

The National Oil Corporation (NOC) announced that daily crude oil production has surpassed its annual target, reaching 1,405,609 barrels of crude oil and an add…

Natural Gas

Sherburn-In-Elmet Agricultural Green Gas Plans Submitted

ENGIE has submitted plans to North Yorkshire Council to develop an agricultural anaerobic digestion (AD) facility to the east of the A162, Bond Ings, Sherburn-i…

Natural Gas

Subsea7 Expands Its Scope for Giant Black Sea Gas Project With IRM Services

Subsea7 has secured a contract with Turkish Petroleum Offshore Technology Center (TP-OTC) to provide inspection, repair and maintenance (IRM) services for T&uum…

Oil Refinery

Production at Russian Refineries Has Dropped to a 12-Year Low Due to Ukrainian Drone Attacks

The reported drop in production at Russian refineries to a 12-year low highlights the significant impact of external factors, such as Ukrainian drone attacks, o…

Oil Exploration

Afghanistan Receives Oil Extraction Equipment for Amu Darya Basin

The spokesperson stated that exploration and extraction work is currently underway on some oil wells in the area, with the work on some of them already complete…

Iran

Iran Increases Oil Production by 250,000 B/D

Iran is increasing oil production by additional 250,000 b/d, ABC.AZ informs, quoting Iranian Oil Minister Mohsen Paknejad.At the end of November, Hamid Bovard, …

Natural Gas

Upstream Oil, Gas Sector Key to Indonesia’s Energy Self-Sufficiency

The upstream oil and gas sector is key to accelerating the achievement of Indonesia's energy self-sufficiency target, according to Energy and Mineral Resour…

Natural Gas

Russia Ready to Export Gas to EU via Routes Bypassing Ukraine, Official Claims

Russia is ready to supply natural gas to Europe through alternative routes bypassing Ukraine, Russian Deputy Prime Minister Alexander Novak claimed on Dec. 25 o…

Wind Farm

RWE Commissions Wind Farm in Italy

Image courtesy RWERWE has commissioned the San Severo wind farm in Italy after a year of construction. The 54MW San Severo wind farm consists of 12 turbines, ea…