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Offshore Wind Power

Vattenfall Has Stopped Development of Its 1.4 GW Norfolk Boreas Offshore Wind Project in the UK

The Norfolk Boreas project was awarded a 15-year Contract for Difference (CfD) in UK AR4 last year at £37.35/ MWh (real 2012) and positioned to take FID i…

Natural Gas

Eni’s Profit Cut Nearly in Half but Progress Made on Enlarging Natural Gas Portion of Global Portfolio

Italy’s energy giant Eni has revealed solid performance in the second quarter and the first half of 2023, despite its results being affected by a steep dr…

LNG

BP and OMV Ink Long-Term LNG Supply Agreement

UK-headquartered energy major BP and Austria’s integrated oil and gas company OMV have signed a long-term sale and purchase agreement (SPA) for the supply…

Oil & Gas Trade

Sunak Backs New UK Oil and Gas Exploration

LONDON, July 29, 2023 (BSS/AFP) - Prime Minister Rishi Sunak has backed plans to permit new fossil fuel exploration off Britain's coast, as he pledged to be…

Coal Trade

Global Coal Demand Set to Remain at Record Levels in 2023

Global coal consumption climbed to a new all-time high in 2022 and will stay near that record level this year as strong growth in Asia for both power generation…

Nuclear Power Plant (NPP)

UK Government to Invest Us$219M Into Nuclear Power

This new nuclear power station would help deliver the government’s ambition for up to 24GW of the UK’s power to come from nuclear sources by 2050 &n…

Wind Turbine

Vortex Bladeless Reinvents the Wind Energy Power Solution

Vortex's Atlantis Model. Credit | VortexSpanish energy company Vortex Bladeless is developing a new wind power generating technology without blades, gears o…

Oil & Gas Trade

NPCC Lands $219M Adnoc Offshore Epc Project Contract

National Petroleum Construction Company (NPCC) has announced that it has received a letter of award from Abu Dhabi National Oil Company (Adnoc) Offshore for a c…

Electric Vehicles

Vinfast Gets the Green Light for Us Listing as It Breaks Ground on Its First Us EV Plant

Vietnamese EV maker VinFast announced Friday it’s planning to hold its US listing next month. The US Securities and Exchange Commission (SEC) gave VinFast…

Electric Vehicles

BYD Mulls Dropping $1 Billion EV Joint Venture in India Following Government Scrutiny

After submitting a proposal to the government in India alongside its local joint venture partner this past spring, Build Your Dreams (BYD) is reportedly shelvin…

Thermal Coal

Nevada Utility to Convert Last Coal-Fired Plant to Natural Gas

Image by Peter H from PixabayIn the US, Nevada’s largest utility plans to retire its last coal-fired plant by the end of 2025 and convert it to run on nat…

Solar project

Deal Signed to Build 1GW Hybrid Solar Projects in Malaysia

Image: 123rfAsian renewables developer HEXA Renewables has signed an agreement to develop up to 1GW of hybrid solar photovoltaic projects in the southern tip of…

Power Construction

US working on power plant standards for energy transition: US EPA head

Micheal Regan, Administrator of the US Environmental Protection Agency | Photo Credit: US Environmental Protection Agency websiteMicheal Regan, the Administrato…

Floating Solar

Hartek Solar bags Rs 80-crore contract for 22 MW floating solar plant on Bhakra Nangal reservoir

File picture: The 92-MW floating solar power plant at NTPC- Kayamkulam. | Photo Credit: HANDOUTHartek Solar, part of the Chandigarh-based Hartek group, has bagg…

Oil&Gas Drilling

National Energy Master Plan For 2021-2030 Approved, Targeting 15-20% Renewables by 2030

It sets a target for total primary energy supply to reach 155 million tonnes of oil equivalent by 2030 and between 294 and 311 million tonnes by 2050. The total…