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Crude Oil

Oil Extends Gains on OPEC+ Supply Restraint, Expected Demand Recovery

U.S. West Texas Intermediate crude futures climbed 17 cents, or 0.3%, to $64.00 at 0128 GMT, holding below a 13-month high hit on Thursday.

Crude Oil

PetroSA Merger to Form South African National Petroleum Company

In South Africa, the portfolio committee on mineral resources and energy was recently briefed by the department of mineral resources and energy on the merger of…

Joe Biden

SK Innovation to Ask U.S. President Joe Biden to Overturn ITC's 10-year Import Ban

SK Innovation issued a statement following the ITC’s release of a Commission Opinion on its ruling about a month ago.

Wind Farm

Africa and Middle East Install 821MW Wind in 2020

According to the latest data released by GWEC Market Intelligence, the Africa and Middle East region installed 821MW of new wind power capacity in 2020, bringin…

Solar Power Plant

Lighsource BP Closes 100MW Solar Sell-Off

Lightsource BP has closed the sale of 100MW of UK solar projects to NextEnergy Solar Fund, for £64m.

Solar Power Plant

MOZAMBIQUE: Ncondezi Energy Relaunches its 400 kWp Solar Off-Grid Project

After a pause in the development of its off-grid project for the industrial and commercial (C&I) sector, due to Covid-19, Ncondezi Energy announces the relaunch…

Carbon Neutral

FedEx Commits to Carbon-Neutral Operations by 2040

FedEx Corp., home of the world’s largest cargo airline, has set a goal to achieve carbon–neutral operations globally by 2040.

Hydrogen Project

Iberdrola Mobilises Aragón’s First Green Hydrogen Generation Project

Iberdrola is leading a project in Aragón to produce green hydrogen by building a hydrogenerator at the PLAZA Logistics Platform in Zaragoza, with 10 MW of elec…

Electric Vehicle Charging

EV Startup Launches Battery-Replacement Charging Network

A California-based startup has revealed an EV charging network where drivers will only need to spend 10 minutes to get fully charged battery.

Crude Oil

Saudi Arabia And Russia Could Raise Oil Production By 1 Million Bpd

Saudi Arabia and Russia are talking about bringing back online 1 million bpd to the oil market, citing sources familiar with the matter.

United States

Small-Scale Solar Installations Boom In Texas And Florida

Small-scale solar installations in Texas and Florida have been rapidly growing in recent years.

Biobattery

French Albioma Expands Biomass Capacity in 2020

French renewable energy provider Albioma increased its biomass-fired capacity in 2020, despite delays to plant conversions as a result of the Covid-19 pandemic.

Hydrogen Project

Hidroelectrica Eyes Hydrogen Project with Verbund

Romanian state-owned hydropower generator Hidroelectrica will seek approval from shareholders this month to sign an initial agreement with Austrian utility Verb…

LNG

Australia’s January LPG Exports Rise by 45pc on Year

Australia's January LPG exports of more than 244,000t rose by 44.7pc from a year earlier but were around 14pc below December shipments, with the year-on-year ri…

China

China Targets GDP Growth of more than 6pc in 2021

China has set a GDP growth target of over 6pc this year, premier Li Keqiang said today.