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Photovoltaic （PV）

China to Reach 5.5 TW of Photovoltaic by 2050

China is set to reach 5.5 TW of photovoltaic by 2050, according to forecasts by Norwegian risk-assessment specialist DNV in its latest report, Energy Transition…

Offshore Wind Power

Vattenfall and BASF Sign Purchase Agreement for 49 Percent of Germany's Nordlicht Offshore Wind Farms

Vattenfall and BASF have agreed the sale of 49 percent of Vattenfall’s Nordlicht 1 and 2 wind farms to BASF. The two companies are thus deepening their pa…

Oil & Gas Trade

COP29 Climate Summit Host Azerbaijan Defends Oil and Gas Investments

A nodding donkey pumps oil in an oil field in the settlement of Balaxani near Baku, Azerbaijan, October 5, 2017. Picture taken October 5, 2017. REUTERS/Grigory …

Photovoltaic （PV）

China General Nuclear Lands First Yuan Trade Finance for Brazil Solar Plant

China General Nuclear Power Group (CGN) has secured its first yuan-denominated trade finance to import Chinese PV modules for a solar plant in Brazil, official …

Nuclear Power Plant (NPP)

Exclusive: UAE Planning Second Nuclear Power Plant, Sources Say

A person rides a scooter with the skyline visible in the background, in Abu Dhabi, United Arab Emirates, September 27, 2023. REUTERS/Amr Alfiky/File Photo Purch…

Oil & Gas Trade

Earnings for Big Oil Backpedal as Natgas Prices Tumble

An aerial view of Exxon Mobil’s Beaumont oil refinery, which produces and packages Mobil 1 synthetic motor oil, in Beaumont, Texas, U.S., March 18, 2023. …

Crude Oil

Mexico's Pemex Reverses Proposed Crude Export Cuts for May, Sources Say

The logo of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha/File Photo Purc…

Coal Trade

Italy Pushes G7 for Coal Phase-Out Date Ahead of Energy Meeting, Sources Say

Italy is pushing for an agreement among the Group of Seven wealthy nations to set a target date for the phase-out of coal in power generation, diplomatic source…

Electricity Transmission

EDF Renewables, Partners Building 1.2 GW of Low-Carbon Power Capacity

EDF Renewables is currently leading the construction of almost 1.2 GW of low-carbon power generation capacity in South Africa, comprising 763 MW of wind power, …

Solar Power Plant

Vena Energy Energizes 125 MW of Solar in Australia

Vena Energy said the 125 MW Amazon Wandoan solar project, developed near Woleebee – about 400 kilometers northwest of the Queensland state capital, Brisba…

United States

Totalenergies Teams up With Vanguard Renewables for RNG Projects

TotalEnergies SE signed a joint venture agreement with Vanguard Renewables, a portfolio company of a fund managed by BlackRock’s Diversified Infrastructure bus…

Oil&Gas Drilling

'Major' Oil Player Books Jack-up Rig for Drilling Gig Offshore Qatar

ADES Holding Company, part of Saudi Arabia-headquartered oil and gas drilling services provider ADES Group, has secured a long-term assignment for one of its ja…

Oil Field

Tengizchevroil Starts WPMP Operations at Tengiz Oil Field in Kazakhstan

The WPMP is designed to maintain the existing processing plants’ full capacity, by lowering the flowing pressure at the wellheads and then boosting the pr…

Electric Vehicles

Tesla Cybertruck Owner Gets Quoted Over $30,000 for Powershare Installation

A Tesla Cybertruck owner has been quoted over $30,000 for a Powershare installation to enable his electric pickup truck to power his house.When Tesla unveiled t…

Oil & Gas Trade

NNPC Signs Deal to Build Another 100,000BPD Refining Plant Within Port Harcourt Refinery

The Nigerian National Petroleum Company Limited (NNPC) yesterday signed a contract with African Refinery Port Harcourt Limited (ARPHL) to build a 100,000bpd ref…