Ncr

Oil & Gas Trade

This Year, Gas Production in Ukraine May Increase by 100-200 Million Cubic Meters.

Gross gas production in Ukraine in the first half of the year amounted to 9.4 billion cubic meters, and could grow by 100% by the end of the year. This would be…

Oil & Gas Supply

Russia’s August Western Port Oil Loadings to Rise 9% M/M, Sources Say

Model of natural gas pipeline and Lukoil logo, July 18, 2022. REUTERS/Dado Ruvic/Illustration/ File Photo Purchase Licensing RightsRussia will increase oil expo…

Uranium Project

Cameco, Kazatomprom Release Half-Year Results

At the mid-year point, Canadian uranium producer Cameco said its expectation for uranium deliveries for the year remains unchanged, but Kazakh producer NAC Kaza…

Tidal Energy

UK Increases Tidal Stream Ringfence Budget

The UK government has raised the funding for tidal stream ringfence in this year’s renewable auction from £10 million (approximately $12,8 million) …

Solar Power Plant

Solar Could Win up to £185 Million in Largest Ever CFD Budget

The strike price for solar PV will increase 30% from £47 per megawatt hour (MWh) to £61/MWh. Image: Matt Austin.The government announced on 30 July …

Energy Storage Project

Curtailment, Greece Needs 7 GW of Energy Storage by 2030 to Avoid Photovoltaic Cuts

Up to 20% of renewable electricity production is expected to be curtailed by 2030 in Greece if no new investments are made in energy storage.Greece is faced wit…

Oil & Gas Trade

Iran’s Non-oil Exports Rise Over $1.3 BN in 4 Months: Spox

The spokesman of Iran House of Industry, Mine and Trade said that the country’s export of non-oil commodities increased $1.350 billion in the first four m…

Oil & Gas Trade

Saudi Arabia’s Bahri Reports 15% Jump in Q2 Revenue on Year on Oil, Chemicals

The National Shipping Co. of Saudi Arabia, or Bahri, attributed a 15% year-on-year increase in revenue in the second quarter to better oil and chemicals shippin…

Electric Vehicles

Tesla and BYD Are Dominating the Global Electric Vehicle Market

Tesla's gross margin has been declining every quarter since Q1 2022, but it still maintains the largest BEV market share globally.BYD is hot on Tesla's …

Oil & Gas Trade

Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production

A $120 million agreement with Cheiron Energy was also signed to increase oil production in the Gulf of Suez.Egypt's Ministry of Petroleum and Mineral Resour…

Photovoltaic （PV）

Photovoltaic Solar Power Plant to Be Built in Negros Oriental, Philippines

A Chinese solar energy company has joined the Philippine government’s efforts to increase renewable energy supply capacity by building a photovoltaic (PV) proj…

Solar Power Plant

China Installs 102.48 GW of New Photovoltaic Power in the First Half of 2024

China added 102.48GW of new PV installations between January and June 2024, according to the latest data from China’s National Energy Administration.Notably, t…

Electricity Transmission

European Electricity Prices Continue Upward Trajectory

Image: AleaSoft Energy ForecastingElectricity prices increased in all major European markets in the third week of July, according to AleaSoft Energy Forecasting…

Offshore Wind Power

Sulmara Secures NZTC Funding to Push for Further Offshore Decarbonisation

Subsea specialist Sulmara has been awarded funding by the Net Zero Technology Centre (NZTC) to develop an over-the-horizon (OTH) uncrewed surface vessel (USV) w…

Net Zero

Nearly 64% of Brits Support Increased Renewable Investment

Nearly 64% of Britons support further investment in renewables and almost 60% want their MPs to advocate for it.New findings from the Aldersgate Group, Renewabl…