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Oil Price
UAE Petrol Prices to Edge Higher in October
Motorists across the Emirates will pay more at the pumps for both petrol and diesel
Energy Transition
Vietnam’s Clean Energy Transition at Risk After Coal Power Pivot: IEEFA
It raised its coal power target capacity to 40GW by 2030.
Crude Oil
Oil Price Falls for Second Day as Supply-Driven Rally Peters Out
Brent crude was down $1.03 or 1.3% at $78.06 a barrel by 0130 GMT, having fallen nearly $2 on Tuesday after touching $80.75, its highest in nearly three years.
Natural Gas
Vanguard Renewables and Enbridge Partner on Renewable Gas Project
Waste-to-energy technology company Vanguard Renewables has announced a partnership with energy infrastructure company Enbridge on a project that will see up to …
Wind Power Project
EIB to Fund Ørsted’s Wind Energy Projects
The 752 MW Borssele 1 & 2 wind farms count 94 wind turbines which, through inter-array cabling, transfer their energy to an offshore substation before reaching …
Hydrogen Project
Ways2H and VALECOM to Develop Waste-to-Hydrogen Project in the Caribbean
This first project between the two companies will focus on hydrogen production for power generation in the island, with possible applications for clean mobility…
Energy Security
China Limits Power in at Least 20 Provinces Amid Energy Crisis
To comply with China's energy consumption policy, Apple and Tesla have suspended production at some of their factories.
Natural Gas
Unprecedented High Gas Price: Security of Global Supply at Risk?
The price for October future at the TTF Hub reached $1,031 per 1,000 cubic metres.
United States
U.S. Renewable Energy Production Hits All-Time High in First Half 2021
Domestic production of renewable energy reached an all-time high in the first six months of this year
LNG
Mayer Brown Represents Höegh LNG on FSRU Deal with New Fortress Energy
Mayer Brown advised Höegh LNG, which provides maritime transportation and storage of LNG, on the long-term charter and operation and service agreements for a f…
Wind Power Project
Iberdrola Completes the Wind Farm of Its First Hybrid Plant in the World
The initiative combines a 210 MW installed capacity wind farm and a 107 MW photovoltaic plant.
O&M
Cement Producer Renews O&M Agreement for Its Nigerian Power Plant
Wärtsilä and cement producer Lafarge Africa signed an extended five-year long-term operation and maintenance agreement in Nigeria. The agreement covers Lafarg…
LNG
Details of Qatar’s LNG Carrier Project Expected to Come Out in October
More details of Qatar’s LNG carrier project worth about 23 trillion won are expected to come out in October. As a result, competition to win a bigger share of …
Market Analysis
SK Hynix CEO Not Concerned about Electric Power Shortage in China
SK Hynix’s plant in China faces no problem regarding the recent electricity shortage in China, the company's CEO said on Sept. 28.
Net Zero Emission
Britain's M&S Aims to be Fully Net Zero on Emissions by 2040
Marks & Spencer pledged on Thursday to become net zero in carbon emissions across its own operations, its entire supply chain and its products by 2040, ten year…
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