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Oil & Gas Trade
World’s Largest Oil Trader Expects Strong Demand Rebound This Year
Global oil demand is set for a rebound between now and the end of next year, with consumption expected to rise from current levels by as much as 8 million barre…
Electricity Trade
DEME Wins French Floater Export Cable Gig
DEME’s French subsidiary has won a contract for the export cable for the 30MW Leucate floating offshore wind farm, off France.
Market Analysis
Americas to ‘Lead Global Storage by 2025’
S will be responsible for the most growth and will be followed by China and then Japan, says Wood Mackenzie
Carbon Emissions
UK Commits to 78% Emissions Cut by 2035
The UK Government will set the world’s most ambitious climate change target into law to reduce emissions by 78% by 2035 compared to 1990 levels, announced toda…
Thermal Plant
Montenegro Expects more Hours for Pljevlja Power Plant
Montenegrin state-owned utility EPCG expects to be granted additional operating hours for the 225MW Pljevlja lignite-fired plant, which had been due to close la…
Coal-Fired Power Plants
Seoul Requests Voluntary Cut from State Coal Plants
The South Korean government has asked state-owned Kepco utilities to voluntarily restrict its use of coal in April-November to limit overall emissions, sources …
CCS
ExxonMobil Pitches $100bn Houston Carbon Capture Hub
ExxonMobil is seeking federal support to develop a "hub" that could capture all of the CO₂ emissions from refineries and industrial facilities along the Housto…
Energy Transition
Clean Energy a Strategic Priority for the UAE, Energy Minister Says
The country plans to raise the share of renewables in its energy mix to 50% by 2050
Oil Price
US Oil Surges Above $64 on Anniversary of Sub-Zero Plunge
Prices have since added more than $100 per barrel, following production cuts by Opec+ as well as resumption of mobility
Solar Power Plant
P&G’s Hyderabad Facility First in India to Go Solar
FMCG biggie Procter & Gamble on Monday said it has commissioned its first in-house solar power plant in India at it’s Hyderabad manufacturing facility.
Carbon Emissions
IKEA Owner Sets Aside 4 bln Euros for Green Power Projects
Companies of all kinds are increasing their investment in a lower carbon future in response to investor pressure and as momentum builds ahead of the next round …
Carbon Emissions
Schneider Electric Partners with 1,000 Suppliers to Help Cut Carbon Emissions by 50 per cent
The company said under the Zero Carbon Project Schneider Electric will provide tools and resources to program participants to help them set and achieve their ow…
Geothermal Power Plant
EXERGY to Supply Equipment for Geothermal Plant in the Philippines
EXERGY INTERNATIONAL, a leading provider of new-generation geothermal binary power plants, and a part of the Chinese TICA Corporation, has signed a new contract…
Solar Power Panel
juwi Installs First Modules at Greek solar farm
It will then be handed over to the future operator Hellenic Petroleum Group.
Nuclear Power Plant
UK's NDA Launches New Nuclear Transport Division
The NDA is also in the process of integrating its radioactive waste management businesses.
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