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Electricity Trade
Energoatom Accepts Need for Fixed Power Prices
Ukrainian nuclear power plant operator Energatom says it understands the urgent decision taken by the Cabinet of Ministers on 28 December to extend regulations …
Nuclear Power Plant
Leningrad II-1 Completes Safety Tests
When it was connected to the grid on 9 March 2018, the unit became the second VVER-1200 reactor to start up, following the launch in 2016 of Novovoronezh unit 6…
Transformer
China XD Group Recieves Approval for Eight New Transformers
Eight new transformers and reactor products from China Xidian Group have passed the industry appraisal, and their comprehensive performance indicators reached t…
Crude Oil
Adnoc Distribution to Buy 15 Service Stations in Saudi Arabia for $10m
The company aims to “significantly” increase its presence in kingdom and become a top fuel retailer by 2025.
Oil & Gas Trade
Egypt Signs 9 Exploration Deals Worth $1bn with Energy Companies
Awards cover exploration along the eastern and western Mediterranean as well as the Red Sea
Oil & Gas Trade
Iraq Confirms $2bn Oil Prepayment Agreement with Chinese Firm
The Chinese firm will pay for a full year's worth of crude prior to loading shipments
Wind Power Project
Vestas Lands 500MW Turbine Deal in Columbia
Danish supplier notches first contract for EnVentus units in Latin America.
Smart Meter
Fluvius Initiates 4.3 Million Smart Meter Rollout in Belgium
Belgian network operator Fluvius has selected three contractors to deliver 4.3 million electricity and gas smart meters by the end of 2024.
Market Analysis
Wood Mackenzie’s Top Ten Predictions for Energy in 2021
Wood Mackenzie analysts on what we should expect in energy in the coming year, from oil markets to solar costs and coal exports to EVs.
Wind Farm
Brazil’s Copel Introduces AI for Management of Wind Farms
Paraná state electricity utility Copel has implemented artificial intelligence in forecasting the output of wind generation.
Oil & Gas Trade
New Year OPEC+ Meeting to Decide Oil Production Levels
The OPEC+ ministerial meeting comes after oil consumption tanked in 2020 due to the Covid-19 pandemic and a price war between Saudi Arabia and Russia.
Nuclear Policy
Iran Plans 20% Uranium Enrichment 'As Soon As Possible'
The move comes amid heightened tensions between Iran and the U.S. in the waning days of the administration of President Donald Trump, who unilaterally withdrew …
Electric Car
Tesla Almost Touched 5 Lakh Vehicle Delivery Goal in 2020
Elon Musk-owned electric car maker Tesla delivered 499,550 vehicles in 2020, slightly missing its most recent guidance of 5,00,000 vehicles.
Electric Car
China Cuts Subsidies on NEVs for Healthier Development
China will cut subsidies on new energy vehicles starting Friday to promote the healthy development of the industry, said a circular posted on the official websi…
Hydrogen Project
Russia Looks To Become Leader In Hydrogen Tech
Russia’s mineral and energy wealth has given it a second chance in global affairs after the Cold War and the implosion of the Soviet Union.
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