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Oil & Gas Trade

Indonesia Seeks Russian Oil for the First Time in Years, Sources Say

A view of state-owned oil giant Pertamina's refinery unit IV in Cilacap, Central Java, Indonesia, January 13, 2016. REUTERS/Darren Whiteside/File Photo Purc…

Hydropower Plant

Drax’s Cruachan Expansion Plans Move Forward

Cruachan damRenewable energy company Drax has appointed Voith Hydro to advance its plans for the UK’s first pumped storage hydro scheme in 40 years. The 6…

Renewable Energy

Acciona Energía Signs PPA With Iberostar Group for the Supply of Renewable Electricity in Spain

ACCIONA Energía announced today a new power purchase agreement (PPA) to supply 80GWh/year of 100% renewable electricity to Iberostar Group for 11 years. …

Energy Storage Project

Romania Aims to Roll out 5 GW of Energy Storage by End 2026

According to Romanian Minister of Energy Sebastian Burduja, the country’s energy storage fleet is expected to grow exponentially over the next couple of years.…

Oil&Gas Drilling

US Oil & Gas Player Bags 41 New Gulf of Mexico Blocks Close to Existing Deepwater Discoveries as It Gears up for Appraisal Ops

U.S.-headquartered privately-owned exploration and production company LLOG Exploration has added 41 deepwater blocks to its list of assets in the Gulf of Mexico…

Hydropower Plant

Second Unit Nears Completion at Karapiro Hydro Station

Head gate lift for the first unit at Karāpiro Hydro Power Station, April 2023. Image courtesy of MercuryMercury is nearing the completion of the second power g…

Solar Power Plant

For the 9th Consecutive Month, Solar Is the Largest Source of New u.s. Generating Capacity and on Track to Be Second Only to Natural Gas Within Three Years

A review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC) reveals that the mix of renewable energy sources (i.e.…

Renewable Energy

Amazon Hits 100% Renewable Energy Goal Seven Years Ahead of Schedule

Amazon set a goal in 2019 to match all of the electricity consumed in its global operations with 100% renewable energy by 2030. The company announced recently t…

Solar Power Plant

South Korea Eyes 6GW Solar Power Annual Distribution in Industrial Areas

The Ministry of Trade, Industry and Energy (MOTIE) has set its strategy to boost solar power generation by promoting the installation of 6 gigawatts (GW) of sol…

Oil & Gas Trade

Petroleum Firms Announce $5 Billion Investment in Pakistan

A delegation of domestic and foreign petroleum and gas exploration and production companies met with Prime Minister Shehbaz Sharif in Islamabad, leading to them…

Geothermal Power Plant

Larderello, Italy Celebrates 120 Years of Geothermal Electricity Generation

The Larderello geothermal power plant in Tuscany, Italy (source: Enel Group)A celebration was held in Tuscany, Italy to commemorate the 120-year anniversary sin…

Microgrid

Rea Targets Construction of 1,300 Mini-Grids Nationwide, Signs Mous With Five Organisations

The Rural Electrification Agency (REA) yesterday signed separate Memoranda of Understanding (MoU) with five renewable energy-related organisations in its bid to…

Offshore Wind Power

EU Greenlights Massive EUR 10.8 Billion Investment in French Offshore Wind

The European Commission has approved a EUR 10.82 billion French scheme, to support the deployment of offshore wind, in particular the construction and operation…

Offshore Wind Power

Denkerwulf Places an Order With the Nordex Group for Almost 40 MW of Wind Energy in Germany

At the end of June 2024, DenkerWulf, one of Germany’s leading onshore wind farm developers, ordered seven N149/5.X wind turbines from the Nordex Group. Th…

Hydrogen Production

UK's First Offshore Hydrogen Production Trials Kick off in South Wales

After six years of development, sustainability consultancy ERM has launched offshore trials to test its Dolphyn Hydrogen process which combines electrolysis, de…