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Oil Price

Saudis Foresee Oil Price Spikes from Energy Transition Efforts

Saudi Arabia’s finance minister echoed warnings from the kingdom’s oil officials that a slowdown in fossil-fuel investment globally will cause spikes in energ…

Market Analysis

Energy Supply Will Catch Up With Demand In 2022

Oil and gas supply will grow faster in 2022 than it did in 2021 to the point of catching up and even surpassing energy demand growth.

Solar Power Plant

France’s First Vertical Bifacial Solar Power Plant

French energy company Compagnie Nationale du Rhône is considering deploying vertical PV installations along 400 km of its dikes. A first 104 kW project was dep…

Energy Saving

Poland to Improve Consumer Energy Efficiency with €100m Loan

The European Bank for Reconstruction and Development and Polish financial institution BNP have reached an agreement on a €100 million loan that will be used to…

Wind Power Project

German Gearbox Crew Passes 200GW Milestone

Flender says its Winergy product brand has around a 30% market share of installed wind energy hardware

Solar Power Plant

Keppel Team to Take Control of Southeast Asian Solar Platform of Shell

A group led by Singapore’s Keppel Corp Ltd has agreed to buy a 51% stake in commercial and industrial solar energy platform Cleantech Renewable Assets Pte Ltd …

Electric Vehicle Battery

LG Energy Solution and GM Considering Building 3rd Joint Venture Battery Factory in Michigan

LG Energy Solution and General Motors of the United States are considering investing US$2 billion to build their third joint venture battery cell plant in the U…

Energy Storage Battery

China's November Power Battery Output Hits New High

China's November power battery output and newly-installed volume of power batteries refreshed new highs, driven by rapid growth of the country's new energy vehi…

Carbon Emissions

Australia-South Korea in Low Emission Energy Pact

Australia and South Korea will work together on developing low emissions energy technology and have also signed a pact on critical minerals used to produce low …

Oil Exploration

QatarEnergy Enters Egypt Through Agreement with Shell

QatarEnergy has entered into agreements with Shell to acquire working interests in two offshore exploration blocks in the Egyptian side of the Red Sea.

Wind Farm

Neoen Sells Two French Wind Farm Projects

Neoen has signed an agreement to sell a 95% stake in the Le Berger and Les Beaux Monts wind farms in France.

Energy Investment

O&M Tenders Issued for Two Solar Projects in Karnataka

The last date to submit the bids for both the tenders is December 24, 2021

Oil & Gas Trade

U.S. to Sell 18 mln Barrels of Oil from Reserves on Dec 17

The U.S. Department of Energy said on Friday it will sell 18 million barrels of crude oil from the strategic petroleum reserve on Dec. 17, as part of a previous…

Electricity Trade

Iran Ready to Exchange Electricity with Neighboring Countries

Iran can exchange electricity with Armenia, Afghanistan, Turkmenistan, Iraq, Azerbaijan, and Turkey, said Iranian Energy Minister Ali Akbar Mehrabiyan, IRNA rep…

PowerGrid Technology

Xizang’s First Power Grid Celebrates 10-Year Anniversary, Creates 1.457b Yuan of Benefit to Local Economy

December 9 was the 10th anniversary of the power grid.