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Crude Oil

WoodMac: Oil Prices Could Drop To $10 In 2050

Brent Crude oil prices could fall to $10 per barrel by 2050 if the world accelerates the energy transition with decisive action to achieve the Paris Agreement c…

South Africa

SOUTH AFRICA: Sasol and Air Liquide Tender for 600 MW of Green Energy

South African chemical giant Sasol and Air Liquide are launching a request for proposals process for the supply of 600 MW of renewable energy at their Secunda s…

Solar Power Panel

Juwi Starts Panel Install at 204MW Greek PV Site

Juwi has installed the first solar modules at a 204MW photovoltaic project in northern Greece.

Energy Storage Battery

SUSI Partners Acquires 90MW UK Storage

Transactions include three utility-scale assets totalling 40MW and 50MW in tendering in Scotland

Electric Car

Sinopec Announced that It will Deploy 5,000 Smart Charging Stations

​Sinopec, the largest domestic oil product sales company, announced in Beijing that it will build 5,000 smart charging stations by 2025

Gas turbine engine

United States Targeting Energy Sector of South Korea

The United States is showing nationalism in the energy industry as well as semiconductor by making an issue of the South Korean government’s gas turbine compet…

Saudi Arabia

Samsung Engineering Wins a Petrochemical Plant Project in Saudi Arabia

Samsung Engineering announced on April 14 that it has signed a US$650 million contract with a Saudi Arabian petrochemical company to build a profane dehydration…

Nuclear Power Plant

Zimbabwe Approves MoU for Nnuclear Energy Cooperation with Russia

The government of Zimbabwe this week approved a Memorandum of Understanding with Russia.

Power Construction

Oman To Roll Out 1.2 Million Smart Meters In Five Years

The initiative is considered a leading national project in terms of digital transformation, with the smart meters set to replace mechanical meters

Oil&Gas Drilling

Chinese Semi-Sub Becomes the World’s First Rig to get DNV’s Smart Notation

A semi-submersible drilling rig from China Merchant Heavy Industry, SHEN LAN TAN SUO, has become the world’s first offshore unit to receive DNV’s Smart notati…

Crude Oil

BP Halts Production at UK's Foinaven Crude Field

BP said today it has suspended production indefinitely at the Foinaven crude fields west of Shetland as it prepares for the removal of the ageing floating produ…

Nuclear Power Plant

South Korean Nuclear Reactor Returns from Outage

South Korea's 950MW Hanul 1 nuclear reactor is ramping up following its second unplanned outage in quick succession.

Hydropower Plant

Axpo to Produce Green H2 from Swiss Hydro Plant

Swiss utility Axpo plans to produce green hydrogen using power from the Eglisau-Glattfelden hydropower plant on the Rhine.

Hydrogen Production

Germany Steps up Hydrogen Production Infrastructure

Germany is stepping up its hydrogen production infrastructure, as the economy and energy ministry this week announced a second round of calls for hydrogen test …

Thermal Plant

Schneider Electric to help Develop the UAE's First Waste-to-Energy Plant

The French energy services firm will provide a range of electrical solutions for the 30MW power plant