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Crude Oil
OPEC Oil Production Falls as UAE Leads Supply Cuts
Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) declined last month, as the United Arab Emirates (UAE) intensified supply…
Renewable Diesel
Malaysia’s End-December Palm Oil Stocks Decline for Third Straight Month on Lower Output
Malaysia’s palm oil inventories are forecast to fall in December, for a third consecutive month, amid declining production due to recent heavy rainfall th…
Carbon Emissions
German Industry Emits More as Cheap Dirty Fuel Lures Factories
German industry is emitting more carbon despite the sector’s decline as factories save costs by using dirtier fuels.Emissions from industrial production r…
Oil Pipeline
Alberta Looks to Spur New Pipelines by Guaranteeing Barrels
Alberta’s government plans to directly dedicate barrels of oil for new pipeline projects in a bid to accelerate the expansion of production in the western…
Natural Gas
US Natural Gas Prices Jump 9PC as Winter Storms Boost Heating Demand
US natural gas futures soared 9% in volatile trade on Monday as winter storms battered the eastern half of the country, causing output to decline as some oil an…
Oil Pipeline
Phillips 66 Buys EPIC’s Permian NGI Midstream Assets for $2.2b
EPIC NGL is a fully integrated NGL system that connects gas processing plants in the Permian Basin and the Eagle Ford to EPIC’s fractionation complex in R…
Oil Pipeline
Azerbaijani Gas Transport via Tanap Hits Over 73 Billion Cubic Meters by 2024 Year-End
As of December 31, 2024, the total volume of Azerbaijani gas transported via the Trans-Anatolian Natural Gas Pipeline (TANAP) to Türkiye and Europe reached…
Battery
Cubico Picks Tesla Batteries for 47.5-MW Project in England
UK-based renewables investor Cubico Sustainable Investments has kicked off the construction of a 47.5-MW/95-MWh battery storage facility in Dorset, England, pla…
Photovoltaic （PV）
Arctech to Supply Solar Tracking System for Al Ajban Solar PV Project in UAE
Solar tracking and racking solutions provider Arctech has secured an order for its SkyLine II 1P single-axis solar tracking system from PowerChina for the 1.5GW…
Vietnam
Sembcorp Revises Timeline for Vietnam Hydropower Acquisition
Sembcorp Industries has updated the timeline for completing its acquisition of a 49MW hydropower asset in Vietnam, part of a larger deal to expand its renewable…
Oil&Gas Drilling
Noble Rig Lines up New Drilling Gig Offshore Australia
U.S. offshore drilling contractor Noble Corporation has landed a new assignment for one of its semi-submersible rigs with an undisclosed firm off the coast of A…
Oil Price
Oil Prices Post 3% Annual Decline
Oil prices fell around 3 percent in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and …
Nuclear Fuel
Belgium’s Renewable Energy Production Declines for the First Time Since 2016
For the first time since 2016, Belgium produced less renewable energy in 2024 compared to the previous year. De Tijd and L'Echo reported this on Thursday ba…
Oil Pipeline
Iraqi Cabinet Approves $4.6 Billion Basrah-Haditha Oil Pipeline Project
The Iraqi cabinet has given approval for a Basrah-Haditha oil pipeline project, a statement from the Prime Minister's office said on Monday.The pipeline wil…
Solar project
Zanzibar Runs Tender for 18 MW of Solar
Zanzibar’s state-owned utility is holding a tender for the development of an 18 MW solar project on the southern end of the archipelago off Tanzania&rsquo…
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