Ncr

Oil Price
Oil Falls After Increases in U.S. Crude, Fuel Stockpiles
Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly increased last week in th…
Coal-Fired Power Plants
Construction on Vietnam's Vung Ang 2 Coal Plant to Begin in December
Vietnam will begin construction on the controversial Vung Ang 2 coal-fired power plant this December, a company spokesman and local media said on Tuesday, as th…
Solar Power Plant
Burundi’s First Grid-Connected Solar Farm Reaches Commercial Operation
A pioneering 7.5MW solar PV plant has reached commercial operation in Burundi, increasing the country’s generation capacity by over 10%.
Oil Price
Brent Oil ‘Scarcity Premium’ Widens as $100 a Barrel Forecast
The scarcity premium embedded in the structure of Brent crude oil futures has widened to the most since 2013 this week, a sign of the tight market underpinning …
Oil Refinery
Dalian Revives Plan to Relocate PetroChina Refinery
But the long-mooted plan faces financial and potential regulatory hurdles and may increase petrochemical competition in the region.
Crude Oil
Saudi Energy Minister Dismisses Calls for Extra OPEC+ Barrels
OPEC leader Saudi Arabia dismissed calls for speedier oil output increases, saying its efforts with allies were enough and protecting the oil market from the wi…
Crude Oil
Oman's September Crude Output Edges up to 764,000 b/d
Oman's crude oil output edged up in September, marking a seventh straight monthly increase as the Opec+ group, of which it is a member, continues to unwind its …
HVDC
First-Ever Large-Scale HVDC Interconnection to Be Bulit in the Middle East and North Africa
The groundbreaking intercontinental link will enable the Kingdom of Saudi Arabia and the Arab Republic of Egypt to exchange electricity, increase grid resilienc…
Crude Oil
ExxonMobil Increases Stabroek Resource Estimate to Approximately 10 Billion Barrels
ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barre…
Electricity Trade
Electricity Price Hike of up to 135 Percent Announced in BiH, Serbia
Companies in Bosnia and Herzegovina, and Serbia have received announcements from their suppliers that the price of electricity would increase as high as 70-135 …
OPEC
Opec+ Output up by 650,000 b/d in September
Opec+ output rose sharply in September, pushed higher by production recoveries in Nigeria, Angola and Kazakhstan and by a notable increase from Iraq.
Power Cable
NEC Corporation, OCC Corporation and Sumitomo Electric Industries, Ltd. Complete First Trial of Submarine Cable with Multicore Fiber
Submarine cables to feature a 4-fold increase in the number of independent data channels with the next generation of space division multiplexing technology.
LNG
LNG Binding Producers-Consumers Together in Abruptly Changing Energy Landscape
However, he warned, the industry is increasingly being challenged by policies slanted against fossil fuels, which may lead to lack of financing and investment a…
Turkey
Turkey's Energy Import Bill up 104% in August 2021
Turkey's energy import bill increased by 104% to $4.36 billion in August this year compared to the same month last year.
Power Construction
Uganda Launches Last-Mile Connectivity to Increase Electricity Access
The Ministry of Energy and Mineral Development recently handed over electricity connection accessories to Uganda’s main power distribution company, UMEME Limit…

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Ncr

Oil Falls After Increases in U.S. Crude, Fuel Stockpiles

Construction on Vietnam's Vung Ang 2 Coal Plant to Begin in December

Burundi’s First Grid-Connected Solar Farm Reaches Commercial Operation

Brent Oil ‘Scarcity Premium’ Widens as $100 a Barrel Forecast

Dalian Revives Plan to Relocate PetroChina Refinery

Saudi Energy Minister Dismisses Calls for Extra OPEC+ Barrels

Oman's September Crude Output Edges up to 764,000 b/d

First-Ever Large-Scale HVDC Interconnection to Be Bulit in the Middle East and North Africa

ExxonMobil Increases Stabroek Resource Estimate to Approximately 10 Billion Barrels

Electricity Price Hike of up to 135 Percent Announced in BiH, Serbia

Opec+ Output up by 650,000 b/d in September

NEC Corporation, OCC Corporation and Sumitomo Electric Industries, Ltd. Complete First Trial of Submarine Cable with Multicore Fiber

LNG Binding Producers-Consumers Together in Abruptly Changing Energy Landscape

Turkey's Energy Import Bill up 104% in August 2021

Uganda Launches Last-Mile Connectivity to Increase Electricity Access