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Oil&Gas Drilling
Demand For Offshore Oil Rigs To Return In 2022
Demand for offshore rigs will slump this year as a result of the pandemic and the low oil prices that are forcing offshore operators to delay drilling activitie…
Micro Reactor
USNC, Korean Companies to Develop Micro Modular Reactors
Ultra Safe Nuclear Corporation of the USA has signed a Memorandum of Understanding with South Korea's Hyundai Engineering and the Korea Atomic Energy Research I…
Microgrid
EAST AFRICA: EACREEE Joins Forces with RES4Africa to Promote Micro-Grids
The RES4Africa Foundation announced on July 29, 2020 that it has signed a Memorandum of Understanding with the East African Centre of Excellence for Renewable E…
Nigeria
Nigeria Govt Reiterates Pledge to Unlock Opportunities in Gas Sector
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said Africa, particularly Nigeria, has huge gas resources which can…
Market Analysis
Oil Demand May Never Recover from COVID-19 Crisis, says Shell CEO
Global oil demand might never return to levels seen before the outbreak of the COVID-19 epidemic.
Nuclear Power Plant
NPCIL Plans to Construct Four New Atomic Power Units
The Nuclear Power Corporation of India (NPCIL), a public sector company, has reportedly planned to build four new nuclear power units in 2020.
United States
Total Takes US$7-Billion Hit on Exposure to Canada's Oil Sands
Total SE announced an US$8.1 billion writedown after the push to curb carbon emissions and the coronavirus pandemic challenged assumptions about the viability o…
France
Schneider Electric Expects Lower Annual Revenue, Margin on Virus Uncertainties
Schneider had previously forecast organic revenue growth and a higher core profit margin for the year, but scrapped this in March due to the pandemic
Spain
SABIC Chemical Pant in Spain to Operate on 100% Renewable Energy
Saudi Basic Industries Corporation (SABIC) signed an agreement Iberdrola, one of the world’s biggest electricity utility companies, to convert its polycarbonat…
Supply electromechanical equipment
Tenders are invited for Supply electromechanical equipment for the laboratory molecular control, in the context of tackling it COVID-19 pandemic.
France
Hydrogen Council Adds New Members Including Microsoft and Baker Hughes
The global coalition pushing for a power generation transition to zero carbon hydrogen has added a list of big corporate names to its membership.
IFC Assists SMEs in Nigeria to Navigate Economic Challenges
International Finance Corporation is providing a loan of up to $50 million to Access Bank to help the bank increase liquidity to thousands.
Microgrid
Distributed Fossil Fuels Dominate in Microgrids Installed in the US
Distributed fossil fuel generation accounted for 86% of installed microgrid capacity in the US in 2019, according to a new report issued by Wood Mackenzie.
Microgrid
Cummins Gas-Fired Generator Selected for Aussie Gold Mine Microgrid
Cummins has installed one of its lean-burn gas generators for a microgrid project at an Australian gold mine.
Russian Federation
Rosatom Manufactures the First Full Refueling Batch of MOX Fuel for BN-800 Fast Reactor
The Mining and Chemical Combine in Zheleznogorsk, Krasnoyarsk region (East Siberia) has manufactured the first full reload batch of fresh uranium-plutonium MOX …
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