Ncr

Biofuel

Singapore: Bunker Sales of Biofuels More Than Tripled in 2023

Singapore has made significant progress in the supply of alternative fuels as bunker sales of biofuel blends increased to 520,000 tonnes in 2023, which more tha…

Oil & Gas Trade

Totalenergies Initiates Force Majeure on Russia's Arctic LNG 2

A concrete gravity-based structure (GBS) of Arctic LNG 2 joint venture is seen under construction in a dry dock of the LNG Construction center near the settleme…

Energy Storage Project

Q4 2023 Sees Largest Quarterly Increase in Battery Energy Storage

Energy research consultancy Modo Energy has confirmed that Q4 2023 saw 420MW of new battery energy storage capacity become commercially operational.This new cap…

Biofuel

USDA Boosts Forecast for 2023-'24 Soybean Oil Use in Biofuel Production

The USDA increased its forecast for 2023-’24 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, re…

LNG

Inpex To Increase Stake in Ichthys LNG Project

Japan’s energy company Inpex Corporation is planning to enter into an agreement with Tokyo Gas in relation to the acquisition of the participating interes…

Biofuel

Veolia Aims for 50% Increase in Green Energy Production

A logo on the windows of the Veolia Environnement headquarters in Paris, France, February 9, 2022. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsVeo…

Biofuel

EIA: Biomass Power Capacity to Remain Stable Through 2024, 2025

Renewables are expected to account for 24 percent of U.S. renewable electricity generation this year, increasing to 26 percent in 2025, according to the U.S. En…

Oil & Gas Trade

Power Prices Drop in Ireland as EU Increases Gas Reserves

Cornwall Insight have reduced their short-term power market price forecast for Ireland, with predictions for 2024 dropping by over 18%. This could bring welcome…

Microgrid

Spain May Raise Power Grids Investment Limits, Energy Minister Says

Electricity pylon next to a group of wind turbines are pictured in Barranco de Tirajana, in the island of Gran Canaria, Spain, May 11, 2022.REUTERS/Borja Suarez…

Carbon Emissions

US Energy-Related CO2 Emissions to Be Unchanged in 2024 - EIA

U.S. energy-related carbon dioxide (CO2) emissions are expected to remain unchanged in 2024, as increased natural gas and petroleum emissions offset decreased c…

Oil&Gas Drilling

China's Oil Production Rises to 208 Mln Tons in 2023 - CCTV

China's crude oil production rose to 208 million metric tons in 2023, equivalent to 4.16 million barrels per day, state broadcaster CCTV said on Tuesday.The…

Oil&Gas Drilling

ONGC Initiates Oil Production From Its Deep-Water Asset

ONGC announces the successful commencement of First Oil from the deep-water KG-DWN-98/2 Block, situated off the coast of Bay of Bengal.This 98/2 project is like…

Photovoltaic （PV）

Brazil Penalizes the Import of Photovoltaics

The increase in the import tax on photovoltaic solar panels, announced by Brazil in 2023, puts at risk the installation of 18 GW of solar plants, responsible fo…

Photovoltaic （PV）

Germany's Installed PV and Wind Power Capacity Increased by 17 GW in 2023

Germany added 2.9 GW of onshore wind power in 2023, more than the previous year. The total installed capacity at the end of 2023 was 60.9 GW.By 2030, installed …

Photovoltaic （PV）

The Price of Photovoltaic Panels Falls by 40% in 2023 in Brazil

The reduction in the final price for consumers of photovoltaic solar energy has been driven mainly by the increase in Chinese production capacity, which account…