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Oil & Gas Trade

Nigeria's NNPC, Oil Majors Agree to Shorten Talks on Contracts

The new logo of the privatised Nigeria oil company is seen at the NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde/File Photo Ac…

Oil & Gas Trade

Exclusive: Poland's Unimot in Talks to Buy Shell's Stake in German Schwedt Refinery -Sources

A view shows oil processing facilities of an PCK oil refinery in Schwedt, Germany October 1, 2022. REUTERS/Annegret Hilse/File Photo Acquire Licensing RightsPol…

Oil&Gas Drilling

Chevron Readies New Oil Drilling Push in Venezuela to Boost Output

A woman walks in the Chevron office as the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Car…

Offshore Wind Power

US Says to Complete Offshore Wind Auctions on Schedule Next Year

U.S. President Joe Biden holds up a wind turbine size comparison chart while attending a meeting with governors, labor leaders, and private companies launching …

Offshore Wind Power

Northland Power Announces Financial Close of the 1.1 GW Baltic Power Offshore Wind Project in Poland Green Financing

Northland Power Inc. (Northland or the Company) (TSX: NPI), today announced that its Baltic Power offshore wind project (Baltic Power or the project) in Poland …

Energy Storage Project

Biden-Harris Administration Announces $325 Million for Long-Duration Energy Storage Projects to Increase Grid Resilience and Protect America's Communities

As part of President Biden’s Investing in America agenda,a key pillar of Bidenomics, the U.S. Department of Energy (DOE) today announced up to $325 millio…

Offshore Wind Power

Exploring the Feasibility of Offshore Wind Power Generation in New Zealand

Renewable energy specialist Copenhagen Offshore Partners (COP) has partnered with NZ Super to investigate the viability of offshore wind power generation in New…

Geothermal Power Plant

ISTAK Starts Work on Expansion of Svartsengi Geothermal Plant, Iceland

Students visiting the Svartsengi geothermal plant in Iceland (source: ThinkGeoEnergy)Icelandic construction company ISTAK has started work on the new power stat…

Photovoltaic （PV）

AEE Solar Opens New PV Equipment Distribution Center in California

Equipment distributor AEE Solar is opening a new 140,000 sq ft distribution center in Visalia, California. The new facility will provide additional support to A…

Oil&Gas Drilling

Ukrainian Company to Develop Akkas Gas Field Instead of KOGAS

Workers at the Akkas gas field in March 2023. Photo: Iraq Oil ReportBaghdad (IraqiNess.com) – A senior official in the Iraqi Ministry of Oil said that Bag…

Hydrogen Project

$100 Million Kickstart for SA Hydrogen Plan

The Malinauskas and Albanese governments will jointly spend $100 million on infrastructure at the planned Port Bonython Hydrogen Hub near Whyalla to develop it …

Power Construction

ADB Approves $200M Loan for Uzbekistan's Power Distribution System

It aims to digitalise 26 distribution substations in the country.The Asian Development Bank (ADB) has given the green light for a $200m loan that will support t…

Offshore Wind Power

Global Wind Power Installed Capacity to Reach 2.38 TW in 2032

China will have the largest wind power capacity by 2032 at 1,080 GW.The total installed wind power capacity globally is expected to reach 2.38 terawatts (TW) in…

Solar project

Aquila Clean Energy Apac Invests in 300 MW Solar Projects in South Korea

This is the company’s first investment in South Korea.Aquila Clean Energy APAC (ACE APAC) partnered with South Korea’s Alpha Asset Management and lo…

Hydropower Plant

China's Hydro Generation Jumped Unexpectedly in August: Kemp

Breaking with the recent trend, China boosted hydroelectric generation to a near-record rate in August, despite a lingering drought across the country’s s…