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Oil Price

Oil Prices Post 3% Annual Decline

Oil prices fell around 3 percent in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and …

Oil Refinery

New Refineries: NNPCL May Cut Crude Supply to Dangote Plant

The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, excep…

Crude Oil

Nigerian Govt Targets 3M Bpd Oil Production by 2025 – Lokpobiri

The Federal Government has announced plans to collaborate with the Nigerian Navy to achieve its target of 3 million barrels per day, bpd, in crude oil productio…

Natural Gas

Senegal, Mauritania Take Step Towards Shared Gas Production

Senegal and Mauritania said Wednesday they had moved a step closer towards producing gas after opening the first well at a field off their maritime border.The t…

Natural Gas

Prioritising Imported RLNG to Domestic Gas Harms Energy Sector

Pakistan’s energy sector is grappling with escalating financial issues, primarily driven by the forced suspension of domestic natural gas production. Curr…

Oil&Gas Drilling

Greening Offshore Drilling: Rigs Powered by Alternative Fuels in Pursuit of Low-Emission Era

As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts…

Hydrogen Project

TRIG and Qair France Sign PPA for Hyd’Occ French Hydrogen Plant

The partnership will support the development of a sustainable energy model in the Occitanie region.The Renewables Infrastructure Group (TRIG) has secured an ele…

Natural Gas

Nortrans Offshore Wins Flotel Work on Romanian Gas Project

Singapore-based Nortrans Offshore has landed a charter deal with Italian offshore engineering and construction giant Saipem for one of its maintenance and suppo…

Nuclear Power Plant (NPP)

Eskom Connects Koeberg Nuclear Plant Unit to South Africa’s National Grid

Unit 2’s 930MW capacity supports Eskom’s goal to add 2.5GW by March 2025.Eskom has connected the Koeberg nuclear power station’s Unit 2 to Sou…

Nuclear Power Plant (NPP)

China’s Zhangzhou Nuclear Plant Unit 1 Begins Commercial Operations

Each unit can generate more than 10bn kilowatt-hours of electricity annually.China National Nuclear Corporation’s (CNNC) Zhangzhou nuclear power project Unit 1…

Solar Power Plant

Northleaf Capital Divests Stake in Mula Solar Power Plant in Spain

Northleaf funds have led Mula’s construction and optimisation since acquiring a controlling stake in 2018.Investment company Northleaf Capital Partners ha…

Ammonia

LUPro Signs Tripartite Agreement with Oman and Thailand Energy Firms for Green Ammonia Production: 1 Million-Ton Facility Planned in Duhok

As Oman, an oil-producing country in the Middle East, is rushing to shift from oil to green energy, it has joined hands with a Korean company to commercialize g…

Hydrogen Fuel Vehicle

Only Hydrogen Buses Passing Performance Tests to Receive Subsidies Starting This Year

Starting this year, only hydrogen buses that meet performance evaluation criteria, including hydrogen fuel cell output and driving range, will qualify for gover…

Hydrogen Technology

AZL Aachen Completes Hydrogen Tank R&D Project

Final report delivery AZL and partners provides a deep dive into design and production trends, findings and other insights related to the development of thermos…

Natural Gas

Starved of Russian Gas, Industry Shuts Down in Breakaway Moldovan Region

The coat of arms of Transdniestria is depicted on a banner in central Tiraspol, in Moldova's breakaway region of Transdniestria May 5, 2022.The cut-off of R…