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Oil & Gas Trade
Aramco Shares Fall 9%; Below IPO Price for First Time as OPEC Pact Unravels
Shares of Saudi state oil company Aramco (2222.SE) slumped below their initial public offering (IPO) price on Sunday for the first time since they began trading…
Wind Farm
Spanish Oil Major Repsol to Build 860MW of Wind Farms at Home
Spanish oil major Repsol will build and operate 860 megawatts spanning 26 new wind farms in its home country, nearly doubling its pipeline of renewables project…
Gas power plant
Uzbekistan Seeks Investors for 1,500 MW Gas Power Plant
Uzbekistan on Wednesday invited foreign companies to take part in a project to build a 1,500 megawatt (MW) gas power plant in what it wants to become the bigges…
Solar Power Plant
Foundation Stone Laid for a 100-Megawatt Solar Power Project in Kufra
The "Prime Minister" of Libya’s eastern-based ‘‘government’’, Abdullah Thinni laid the foundation stone for a 100-megawatt solar power project in Kufra mu…
Build 20 Megawatts Power Station
The ambassador disclosed this when he paid a courtesy visit to officials of Kano Chamber of Commerce, Industry, Mines and Agriculture (KACCIMA) on Saturday.plan…
Oil Price
Russia's Putin Says Current Oil Prices Acceptable
Russian President Vladimir Putin said on Sunday that current oil prices were acceptable and that Russia had the tools to react to any negative effects of the sp…
Market Analysis
Acciona Will Invest 4,000 Million in Wind Energy and Solar in Five Years
At the end of 2019, Acciona had a portfolio of green power generation facilities of 10,117 megawatts (MW) installed, 56% in Spain and 44% in international marke…
Crude
Russia: Coronavirus Impact On Oil Is Worse Than Expected
Russia continues to refuse to announce its position regarding deeper cuts by the OPEC+ coalition, but admitted that the coronavirus outbreak could lead to addit…
Virginia Lawmakers Vote to Ban Offshore Oil Drilling
Virginia is moving to block drilling for oil off the state’s coast under legislation that passed through both the House of Delegates and state Senate this week…
Nigeria Settles Dispute Over Construction of Mambilla Hydro Plant
Nigeria is set to build the second-largest hydropower plant in Africa after the government settled a legal dispute that was delaying the project, said power min…
Develop A 250 Megawatt (mw) Pumped Hydropower Energy Storage
Scope of work : AGL Energy, Australia top power producer, has scrapped a plan to develop a 250 megawatt (MW) pumped hydropower energy storage project at an old …
Hydropower Potential Increases to 37,000MW
The country’s hydropower potential and availability is now around 37 gigawatt (GW) or 37,000 megawatt (MW) from 155 identified sites, including the existing po…
Nuclear Fuel
Trump's Nevada Play Leaves Nation's Nuclear Waste in Limbo
President Donald Trump is seeking to woo Nevada voters by abandoning the GOP’s decades of support for storing the nation’s nuclear waste under a mountain nort…
Nuclear Power Plant
Fuel Loading Begins at UAE’s Barakah Nuclear Plant
The United Arab Emirates on 19 February began loading the first nuclear fuel rods into the reactor at unit 1 of its Barakah nuclear power plant.
Solar Power Plant
European Telecoms Ink Deals for 388 MW of Solar Power
French telecom Orange and Deutsche Telekom subsidiary Power & Air Solutions signed separate power purchase agreements this week to procure solar power totaling …
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