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Market Analysis

DoE Report Highlights Market Potential for Geothermal Energy

A new report released by the US Department of Energy through the National Renewable Energy Laboratory and Geothermal Rising reveals trends that shaped the geoth…

Oil Pipeline

China & Nord Stream-2 Top Agenda As Biden Meets Merkel

The two sides are hoping to mend deeply strained relations ahead of Germany's election in ten weeks.

Hydropower Plant

Serbia to Invest 380 mln Euro in Djerdap Hydropower Complex - President Vucic

Serbia plans to invest 380 million euro in the overhaul of the Djerdap hydropower complex, on the Danube, in the next ten years, President Aleksandar Vucic said…

Hydrogen Production

EDP Joins BEHYOND Hydrogen Production Concept Study

The aim of the BEHYOND project is to create a standardised concept for large-scale hydrogen production worldwide.

Energy Storage System

IT Min: Hungary to Construct 450 MW Energy Storage Plant in Bavaria

Innovation and Technology Minister László Palkovics on Sunday discussed Hungary’s cooperation in the construction of an energy storage facility in Bavaria, t…

Oil & Gas Trade

Saudi, Oman Call for Continued Oil Cooperation Between OPEC and Allies

Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market.

Nuclear Power Plant

Romania's Cernavoda NPP Unit 2 Disconnects from Grid

Nuclearelectrica, the operator of Romania's sole nuclear power plant Cernavoda, said on Monday that the plant's Unit 2 was automatically disconnected from grid.

Oil&Gas Drilling

McDermott Secures Subsea Job on Bayu-Undan Field

McDermott International has secured a subsea engineering, procurement, construction and installation contract with Santos for the Bayu-Undan infill well Phase 3…

Hydrogen Technology

Hyundai, Kia and Next Hydrogen to Explore Advanced Alkaline Water Electrolysis Technology

Hyundai Motor and Kia will collaborate with Next Hydrogen to develop a new, innovative advanced alkaline water electrolysis system with the signing of a memoran…

The 2nd China Smart Community Expo 2021

Exhibition IntroductionThis expo is hosted by four authoritative industry organizations, namely, the National Intelligence Standards Committee, China Real Estat…

Wind Power Project

Iberdrola €400m Offshore Wind Deal Brings New Factory to Spain

Developer's €400 million framework deal means Navantia-Windar consortium will build facility for larger monopiles in Galicia

United States

US Oil Prices Soar To 6-Year High In OPEC Standoff

The U.S. benchmark oil price WTI Crude hit its highest level since November 2014 early on Tuesday, after OPEC+ on Monday called off its third attempt to reach a…

Electrification

UN Recommendations to Ensure Global Electrification by 2030

New reports released by the United Nations provide recommendations on how the world can tackle energy poverty and ensure everyone in the world has access to cle…

Oil Price

Oil Prices Jump to Multiyear Highs After OPEC+ Talks Yield No Production Deal

Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies were postponed indefinitely, with the grou…

Geothermal Power Plant

Turkey Among Fastest-Growing Nations in Geothermal Energy

Turkey is among the fastest-growing countries in terms of geothermal energy as its capacity to produce electricity from geothermal resources has reached 1650 me…