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Oil & Gas Trade

World’s Largest Oil Trader Expects Strong Demand Rebound This Year

Global oil demand is set for a rebound between now and the end of next year, with consumption expected to rise from current levels by as much as 8 million barre…

Electricity Trade

DEME Wins French Floater Export Cable Gig

DEME’s French subsidiary has won a contract for the export cable for the 30MW Leucate floating offshore wind farm, off France.

Market Analysis

Americas to ‘Lead Global Storage by 2025’

S will be responsible for the most growth and will be followed by China and then Japan, says Wood Mackenzie

Carbon Emissions

UK Commits to 78% Emissions Cut by 2035

The UK Government will set the world’s most ambitious climate change target into law to reduce emissions by 78% by 2035 compared to 1990 levels, announced toda…

Thermal Plant

Montenegro Expects more Hours for Pljevlja Power Plant

Montenegrin state-owned utility EPCG expects to be granted additional operating hours for the 225MW Pljevlja lignite-fired plant, which had been due to close la…

Coal-Fired Power Plants

Seoul Requests Voluntary Cut from State Coal Plants

The South Korean government has asked state-owned Kepco utilities to voluntarily restrict its use of coal in April-November to limit overall emissions, sources …

Nuclear Policy

Iran Nuclear Talks Make Progress in Vienna

In moving on to the next stage of discussing sequencing of actions, the parties are signaling a willingness to reach an agreement.

Energy Transition

Clean Energy a Strategic Priority for the UAE, Energy Minister Says

The country plans to raise the share of renewables in its energy mix to 50% by 2050

Oil Field

Iraq Awards China’s Sinopec Contract to Tap Natural Gas Resources

China’s state-run Sinopec energy company won a deal to develop a major gas field in eastern Iraq.

Carbon Emissions

IKEA Owner Sets Aside 4 bln Euros for Green Power Projects

Companies of all kinds are increasing their investment in a lower carbon future in response to investor pressure and as momentum builds ahead of the next round …

Carbon Emissions

Schneider Electric Partners with 1,000 Suppliers to Help Cut Carbon Emissions by 50 per cent

The company said under the Zero Carbon Project Schneider Electric will provide tools and resources to program participants to help them set and achieve their ow…

Thermal Plant

GE Announces Launch of 500MW Power Plant in Iraq

GE Gas Power has announced the official opening of the Samawa Power Plant in Iraq’s Al Muthanna governorate.

Geothermal Power Plant

EXERGY to Supply Equipment for Geothermal Plant in the Philippines

EXERGY INTERNATIONAL, a leading provider of new-generation geothermal binary power plants, and a part of the Chinese TICA Corporation, has signed a new contract…

Carbon Emissions

IEA Releases Report on Global Carbon Dioxide Emissions

This would be the biggest annual rise in emissions since 2010, during the carbon-intensive recovery from the global financial crisis.

Solar Power Panel

juwi Installs First Modules at Greek solar farm

It will then be handed over to the future operator Hellenic Petroleum Group.