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Solar project

Octopus Energy Generation to Develop 20 Solar Farms in South Korea

Octopus Energy Generation has announced a new solar energy investment in South Korea, advancing its renewable energy efforts in Asia. The initiative, managed th…

Power Construction

Zambia to Resume Construction of Power Line to Tanzania

Zambia will soon resume work on the Zambia-Tanzania Interconnector Project, designed to connect its power grid with East Africa’s. The initiative aims to estab…

Oil Price

JP Morgan Cuts Oil Price Forecasts on Weak Demand, Higher Output

JP Morgan recently revised its oil price forecasts for 2025 and 2026, pointing to increased OPEC+ production and reduced global demand. The bank lowered its 202…

Renewable Diesel

Declining Prices Clear Way for Brazil to Raise Biodiesel Blend to 15%, Industry Group Says

Brazil is poised to raise its mandatory biodiesel blend in diesel from 14% to 15%, according to Daniel Amaral, director of economics and regulatory affairs at A…

Oil Field

BP Makes New Oil Discovery off US Gulf Coast

On Monday, BP announced a new oil discovery in the Far South field, located in the U.S. Gulf of Mexico. The exploration well, drilled in Green Canyon Block 584,…

Offshore Wind Power

Corio Shelves 450MW Sceirde Rocks

Corio Generation has decided to halt the development of its 450MW Sceirde Rocks project off the west coast of Ireland. The company made this decision after rece…

Power Construction

Singapore Explores Grid Upgrades to Support Clean Energy

Singapore is intensifying efforts to enhance its power grid and broaden its energy mix, aiming for net-zero emissions by 2050. Natural gas, which currently gene…

Hydro Generator Unit

India OKs Detailed Project Reports of 7.5 GW Hydro-Pumped Storage Projects

The Central Electricity Authority (CEA), part of India’s Ministry of Power, has approved detailed project reports for six hydro-pumped storage projects (P…

Crude Oil

Trio Petroleum Acquires Cash Flow-Positive Oil Assets in Saskatchewan, Canada

Trio Petroleum, a California-based oil and gas company, has finalized the purchase of petroleum and natural gas assets from Novacor Exploration in the Lloydmins…

Oil Refinery

Sinopec, Aramco Sign Agreement for Yanbu Refinery Expansion in Saudi Arabia

China Petroleum & Chemical Corporation (Sinopec) and Saudi Arabian Oil Company (Aramco) have signed an agreement to expand the Yanbu Refinery in Saudi Arabia&rs…

Oil&Gas Drilling

Transocean Equinox Rig Arrives to Embark On Otway Basin Exploration

The Transocean Equinox rig has reached the Otway Basin, advancing the Otway Exploration Drilling Programme (OEDP) set for 2025. This initiative, led by ConocoPh…

Geothermal Power Project

Utah Geothermal Lease Sale Nets USD 5.6 Million

On April 9, 2025, the Utah state office of the Bureau of Land Management (BLM) held a competitive geothermal lease sale in Utah, raising over $5.6 million throu…

Photovoltaic （PV）

EDF Marks Launch of 50MW Sutton Bridge Solar Farm

EDF Renewables recently celebrated the commercial operation of its first solar farm in the UK, marking an important milestone for both clean energy and local co…

Nuclear Power Plant (NPP)

OPG Approved to Build First SMR at Darlington Nuclear Project

The Canadian Nuclear Safety Commission (CNSC) has issued a power reactor construction license to Ontario Power Generation Inc. (OPG) for the construction of a G…

Geothermal Power Project

Pantelleria Emerges as Sicily’s Geothermal Hotspot

Pantelleria, an Italian island situated between Sicily and Tunisia, is gaining attention as a promising site for geothermal energy development due to its volcan…