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Oil Price
Average Gas Prices Climb for the 8th Week in a Row
Average gas prices in the U.S. have climbed for the eighth consecutive week.
Oil Price
Fuel Prices up for 8th Straight Week
Fuel prices will increase for eight consecutive weeks as oil firms will impose below PHP1-per liter hike starting Tuesday morning.
Saudi Arabia
Saudi, European, American Officials Discuss Iran's Nuclear File
Saudi Foreign Minister Prince Faisal bin Farhan bin Abullah held talks on Sunday with several ministers and political leaders on the sidelines of the Munich Sec…
Coal Trade
Russia, China Agree New Coal Deal for 100 Million Ton Supply
Russia and China have agreed on a new deal that will see Russia supply 100 million tons of coal in the "coming years" to its southern neighbor.
Hydropower Plant
Ethiopia Turns on the Turbines at Giant Nile Hydropower Plant
Ethiopia began producing electricity on Sunday from its Grand Ethiopian Renaissance Dam (GERD), a multi-billion-dollar hydropower plant on the River Nile that n…
Oil Price
Oil Falls on Prospect of Iran Oil Sanctions Easing
Oil prices retreated on Friday after wild swings during the week, as the prospect of extra supply from Iran returning to the market outweighed fears of a possib…
Oil Price
Oil Steadies as Russia-Ukraine Tensions Cool
Oil pared some losses in early Asian trading on Wednesday after an over 3% fall the previous day, as investors weighed an easing Russia-Ukraine tension against …
Hydropower Plant
Swiss Sustainability Fund Guides Hydropower Developers Towards Sustainability
The sustainability fund is patronized by the Swiss government. Apart from the sovereign’s backing, the fund has the support of a few other eminent institutes…
Oil Price
Oil Prices Pump over 3% on Supply Concerns over Ukraine Crisis
Oil prices rose for an eighth straight week amid growing concerns about supply disruptions as a result of intensifying geopolitical tensions in eastern Europe a…
Crude Oil
U.S. Weighs Chevron Request to Take Venezuela Oil for Debt Payments
The Biden administration is considering a Chevron Corp proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup unpaid debt.
ITER
Video | ITER Talks: Machine Assembly
The size and weight of major ITER components, the careful handling, tiny assembly tolerances, the breadth of manufacturers, the tight schedule, complex interfac…
Nuclear Power Plant
Test Assembly of MBIR Research Reactor Vessel Carried Out
The six pieces of equipment involved in the test at the Volgodonsk branch of AEM technologies had a combined weight of 164 tonnes.
Floating Solar Project
Czechia’s First Floating Photovoltaic Plant
Operated by Czech utility CEZ Group, the pilot solar plant will be located at different heights during the charge and recharge cycles of a pumped-hydro plant an…
Indonesia
Kuwait's Kufpec Discovers Gas, Condensate in Indonesia
Kufpec, the foreign upstream arm of Kuwait's state-owned KPC, today announced a gas and condensate discovery in the Anambas block in the Natuna Sea north of Ind…
Electricity Reform
Mexico's Energy Reform Strains Ties With US
Mexico's plan to favor its own state-owned electrical power plants and limit energy sales by private, foreign-built projects could affect U.S. investment in Mex…
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