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Energy Storage Project
Gore Street's Operational BESS Capacity up 45%
High wind penetration in Ireland has led to spikes in Day-Ahead and Intra-Day prices as well as increased revenues from ancillary service DS3. Image: Gore Stree…
Solar Panel
Italy's Enel Pushes Back Solar Panel Output Goal, Document Shows
A logo of Italian multinational energy company Enel is seen at the Milan's headquarter, Italy, February 5, 2020. REUTERS/Flavio Lo Scalzo/File Photo Purchas…
Oil&Gas Drilling
State Companies Plan to Extract 15 Cubic Meters of Gas and Two Million Tons of Oil This Year and Have Launched Seven New Gas Wells.
The Naftogaz group expects that state gas production companies will produce about 15 billion cubic meters of gas in 2024, said the state company’s CEO, Ol…
Offshore Wind Power
Iberdrola Will Continue to Invest in Offshore Wind Energy
Iberdrola will continue to invest in offshore wind energyEurope’s largest power utility, Iberdrola , will continue to bet on offshore wind in the coming y…
Oil&Gas Drilling
Colombia Oil Output Closing in on 800,000 Bpd, Regulator Head Says
Colombia's average daily oil output is closing in on 800,000 barrels per day (bpd) even as the Andean country increasingly looks to boost renewable energies…
Oil & Gas Trade
India Oil Demand Driven by Consumers Rather Than Industry: Kemp
India’s oil consumption increased by 3.7 million tonnes (4.8%) in the first four months of 2024 compared with the same period in 2023, according to data f…
Electric Vehicles
Biden Hikes US Tariffs on Chinese Imports
U.S. President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports, including electric vehicle (EV) batteries, computer chips an…
Oil & Gas Trade
Azerbaijan Boosts Gas Exports – Minister
Azerbaijan has increased gas exports by 2.7 percent in the first four months of 2024, as compared to the same period in 2023, the country’s energy ministe…
Nuclear Power Plant (NPP)
Slovakia Considers Building Another 1.2 GW Nuclear Power Unit, PM FICO Says
The Slovak government is considering building another nuclear power unit with capacity of up to 1.2 gigawatts (GW), and could reach a decision at a meeting on W…
Oil Field
Subsea 7 Wins Additional Contract for Sakarya Gas Field Development Phase 2
Phase 2 of the project involves the development of an additional 26 wells, aimed at increasing production capacity by an extra 30MSm3/d, thereby enabling the Sa…
Electric Vehicles
Biden Rumored to Announce Quadrupling of Tariffs on Chinese evs, up to 100%
The US government is reportedly set to announce wider tariffs on several categories of Chinese goods, including various green products like solar panels and bat…
Photovoltaic (PV)
Iraq's First Photovoltaic Solar Power Plant Sees Progress
Iraq is now moving forward with the construction of its first large-scale photovoltaic solar power facility.The Iraqi government has increased its efforts to ca…
Biofuel
USDA Predicts 14 Billion Pounds of Soybean Oil Will Go to Biofuel Production for 2024-'25
The USDA currently predicts soybean oil use in biofuel production will increase by 1 billion pounds to 14 billion pounds for 2024-25, according to the agency&rs…
LNG
Panama Canal in Talks With Us Lng Producers to Increase Transit
Administrator of the Panama Canal Authority Ricaurte Vasquez Morales gestures during an interview with Reuters, in Panama City, Panama, May 8, 2024. REUTERS/Ari…
Uranium Project
IAEA, Iran Look to Revive Cooperation Under 2023 Agreement
International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi said he has proposed a set of "concrete practical measures" to revitalise the a…
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