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Oil Price
Oil Prices Jump to Multiyear Highs After OPEC+ Talks Yield No Production Deal
Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies were postponed indefinitely, with the grou…
Geothermal Power Plant
Turkey Among Fastest-Growing Nations in Geothermal Energy
Turkey is among the fastest-growing countries in terms of geothermal energy as its capacity to produce electricity from geothermal resources has reached 1650 me…
Crude Oil
OPEC+ Fails To Hike Oil Production, Delays Decision Again
OPEC+ much-awaited resumption of talks today has now been delayed, indicating that Saudi Arabia and the UAE have not been able to broker any agreement after the…
Offshore Wind Power
Iberdrola Signs a Framework Agreement with Navantia and Windar for Future Offshore Wind Power Plants worth 400 million Euros
Thanks to this agreement, the consortium formed by the two manufacturers will set up an XXL monopile factory in the grounds of the Fene shipyard in A Coruña
Nuclear Power Plant
Rosenergoatom Confirms Success of Emergency Preparedness Exercise
Rosenergoatom, the nuclear power plant operator subsidiary of Russia's Rosatom, has announced the successful completion of its annual emergency preparedness exe…
Hydrogen Project
Lockheed Martin, Omni Tanker, UNSW to Develop Cryogenic Tank Solutions for Liquid Hydrogen
Omni Tanker, Lockheed Martin and the University of New South Wales have joined forces to develop technology that solves the challenges of transporting and stori…
Hydrogen Project
UK HFCA: Deployment Upwards of 80GW of Blue Hydrogen is Possible for the UK by 2050
The UK Hydrogen and Fuel Cell Association strongly believes that the UK can deploy 10GW of blue hydrogen by 2030 and then upwards of 80GW by 2050.
Nigeria
The Petroleum Industry Bill and the Quest for a New Nigeria
LAST week, Thursday July 1, the Senate finally passed the long-awaited Petroleum Industry Bill, PIB.
Crude Oil
Opec+ Resumes Output Talks Amid UAE Standoff
Opec+ ministers are due to resume talks at 15:00 Vienna time today to try to defuse what is fast becoming the group's most serious crisis since it embarked on i…
Electric Vehicle Battery
Hyundai to Invest US$100 Mil. in All Solid State Battery Startup in U.S.
Hyundai Motor Co. will invest US$100 million in SolidEnergy System, a U.S. all solid state battery developer, to secure next-generation battery technology.
LNG Carrier
Hyundai Heavy Industries Attains 94% of Order Intake Goal for 2021
Korea Shipbuilding & Offshore Engineering, an intermediate holding company in charge of the shipbuilding business of Hyundai Heavy Industries Group, attained 94…
Hydrogen Project
Indonesia’s Pertamina Eyes Hydrogen to Meet 2026 Goal
Indonesia's state-owned Pertamina is looking to renewable energy sources such as hydrogen to meet its target of adding 10GW of clean energy power generation cap…
Gas turbine engine
Wärtsilä to Deliver Six Gas Engine Power Plants in Italy
Finnish energy technology company Wartsila has signed contracts with Italian utility Metaenergiaproduzione for the construction of six power plants.
Energy Storage Battery
DNV and Dutch Partners Launch Test Lab for Battery Systems
Engineering firm DNV has partnered with a consortium of Dutch emergency services and municipalities responsible for public safety to establish a new test lab fo…
Power Construction
SSEN Distribution Announces Power Infrastructure Investment Plan
SSEN will invest more than $1.3bn in network and flexible solutions to create 2GW of capacity.
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