First

Oil Price

China Petrol Shares Positive Start to Year of the Tiger

Chinese shares performed strongly on the first trading day of the Year of the Tiger, reversing the slumps before the Chinese New Year holiday.

Coal Trade

Indonesia Jan Export Growth Below Expectation After Coal Shipment Ban

Indonesia’s export growth slowed more than expected in January, after authorities in the world’s top thermal coal exporter banned shipments in the first week …

Net Zero Emission

UK's National Grid to Get Grid Stability Services from Renewables for First Time

Britain's National Grid said on Monday it will be able to obtain grid stability services from renewable power generators for the first time, in the path to deca…

South Africa

CSP Project Achieves Financial Milestone on Its Way to Clean Energy Provision

The Redstone Concentrated Solar Power (CSP) Project, South Africa’s largest renewable energy investment to date, has achieved its first debt drawdown.

Offshore Wind Power

Orsted and Eversource Start Building New York’s ‘First’ Offshore Wind Project

South Fork Wind, hailed as New York’s ‘first’ offshore wind energy project is now under construction.

Offshore Wind Power

Combining Offshore Wind with Carbon Removal

Off the Massachusetts and New York coasts, developers are preparing to build the United States’ first federally approved utility-scale offshore wind farms— 74…

Offshore Wind Power

Norway to Launch 1.5 Gigawatt Offshore Wind Tender

Norway will launch later this year its first tender for bottom-fixed offshore wind turbines in the southern North Sea, planning to develop 1.5 gigawatt of elect…

Siemens Reports “Solid Performance” for Gas and Power

Siemens announced its results for the first quarter of fiscal year 2022 that ended Dec. 31, 2021.

Hydropower Plant

Rystad Energy: Hydropower Growth Set to Continue

The hydropower market will continue its upward trajectory in 2022 as global capacity exceeds 1200 GW for the first time and investments climb to US$36.3 billion…

Wind Farm

UK in a First Awards Offshore Wind Power a Contract to Help Stabilise Grid

Britain’s National Grid ESO has for the first time awarded a contract to an offshore wind farm to help keep voltage levels in the power network stable, it said…

Carbon Neutral

China: Sinopec Completes Carbon Capture Project

Sinopec has completed the construction of China's first megaton carbon capture, utilization and storage (CCUS) project.

Crude Oil

Venezuela Takes First Iranian Condensate of 2022

Venezuela has received this year's first cargo of the Iranian condensate that has proven critical to its crude production recovery.

Energy Storage Battery

SMS Energises UK Energy Storage Project

Energy solutions group, SMS plc, has successfully energised its first battery energy storage system (BESS) in Burwell, Cambridgeshire, UK. Capable of storing an…

Crude Oil

Ice Brent Crude at $90/bl

Front-month Ice Brent crude futures prices topped $90/bl today for the first time since October 2014.

Electricity Trade

Oman Launches First Middle East Electricity Spot Market

Oman has formally launched an electricity spot market, the first in the Middle East, to increase the efficiency of power procurement, the state news agency said…