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Energy
Oil Pipeline
Putin Says Nord Stream 2 Pipeline
This picture posted on the website of Russian energy giant Gazprom shows Nord Stream 2 pipe-laying operations in German territorial waters.
Nuclear Reactor
Entergy to Shut Down Indian Point Unit Three Permanently
US-based energy company Entergy has announced plans to close the third unit of its Indian Point Energy Centre nuclear reactor permanently by 30 April.
Biomass Power Plant
Octopus Renewables Expands UK Biomass Portfolio with 85.7MW Acquisition
European solar investor Octopus Renewables is expanding its portfolio of biomass energy in the UK to diversify its energy mix, ensure the security of its supply…
Combined cycle power plant
Siemens Energy to Supply F-Class Gas Turbine to Plant in Côte d’Ivoire
Siemens Energy has signed an agreement with Spanish EPC contractor TSK to provide a new combined cycle power plant to Atinkou, a subsidiary of Eranove in Jacque…
Thermal Plant
MAN Energy Commissions 200MW Plant in Cambodian
Engineering company MAN Energy Solutions and Chinese state-owned energy company China National Machinery Corporation have commissioned a 200MW power generation …
Oil Refinery
Sinopec Q1 Net Profit $2.9 bln, Refinery Output Surges 16 per cent
Asia's top oil refiner, also known as Sinopec, posted a 19.15 billion yuan loss during the same period last year under international accounting standards, as th…
Russian Federation
Gazprom Says Net Profits Slumped in 2020 Amid Pandemic
The state-controlled group scored net profits of 135 billion rubles in 2020 compared with 1.203 trillion rubles in 2019.
Natural Gas
PetroChina Posts Best Quarterly Profit in Seven Years
PetroChina's first-quarter revenue was up 8.4 per cent at 551.9 billon yuan, it said in a filing to the Hong Kong Stock Exchange
Mexico
General Motors to Make Electric Cars in Mexico from 2023
The automaker, known as GM, already makes electric vehicles at four locations in the United States and Canada
Wind Power Company
Vattenfall Wind Business Records Q1 Earnings Dip
Results affected by unfavourable weather conditions despite new capacity
Solar Power Plant
Opdenergy Signs Offtakes for 362MW Spanish Solar
New PPAs with 10-year terms relate to eight PV plants in the developer's backlog
Solar Power Plant
Hybrid Power Plant Project Jasenovik of 170 MW Underway in Kosovo
StubllaEnergy is planning to install a 170 MW power plant consisting of wind turbines with a capacity of 132 MW and photovoltaic panels of an overall 38 MW.
Sierra Leone
SIERRA LEONE: PowerGen Connects Solar Mini-Grids for 4 Rural Communities
Solar energy provider PowerGen Renewable Energy is commissioning mini-grids in four communities in Sierra Leone.
Solar Inverter
Sungrow Launches High-Voltage Battery and Hybrid Inverter for Residential Applications
Chinese power electronics company Sungrow has unveiled a new storage energy solution for rooftop applications that comprises a hybrid inverter and a high-voltag…
Market Analysis
IEA: Electric Vehicle Sales Are Soaring Globally
Last year, some 3 million electric cars were sold worldwide, up by 41 percent year over year and accounting for 4.6 percent of all global car sales, the IEA’s …
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