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Natural Gas
High Gas Prices Push up Electricity Cost in EU
Spot natural gas prices trading in the Netherlands soared this week near to record highs seen in October. Electricity prices have surged across Europe.
Crude Oil
Oil Prices Rise On Record U.S. Oil Demand
The price of WTI crude rose nearly 2% on Thursday on EIA reports that U.S. implied petroleum products demand had risen to record heights.
Hydropower Plant
DCM Inaugurates Namchik Micro Hydel Projects
“The power generated by this micro hydel project will benefit the people of two administrative headquarters, Manmao and Renuk, and their nearby villages,”
Power Construction
PROJECTS: New Projects to Add 5-7 Gigawatts to Iraq's Power Output
New conventional and renewable power projects under way in Iraq will add nearly 5-7 GW to the country’s electricity generation in 2022
Wind Power Project
EGYPT: West Bakr Wind Farm goes into Operation After Nearly 2 Years of Construction
Independent Power Producer Lekela Power is bringing its West Bakr wind farm in Egypt into commercial operation.
Wind Power Project
Cargill, Vattenfall, and Windpark Hanze to Build Wind Farm
The onshore wind farm, consisting of 15 wind turbines, will be commissioned in the Flevoland province near the city of Dronten.
Crude Oil
Russia’s Oil Reserves Are Becoming Increasingly Hard To Recover
Nearly all of Russia’s oil production will consist of the so-called hard-to-recover crude reserves unless the country speeds up and incentivizes exploration
Hydrogen Storage
Hydrogen Storage Project to Fuel Buses in Glasgow
The UK Government has earmarked £10 million in funding for a hydrogen storage project near Glasgow, Scotland.
Hydrogen Storage
Glasgow to be Home to First-of-a-Kind Hydrogen Storage Project
A trailblazing hydrogen storage project near Glasgow has been backed by nearly £10 million in UK Government funding.
Energy Transition
China's Manufacturing Offers Support for Global Energy Transformation
With a total capacity of 418 kilowatts, a rooftop power plant in Indonesia is converting solar power into electricity for the energy consumption of a bottled wa…
Offshore Wind Power
Tauron and Enea to Jointly Build Offshore Wind Farms in the Baltic Sea
PGE Polska Grupa Energetyczna, Tauron Polska Energia and Enea are joining forces in the area of offshore wind energy.
Crude Oil
Algerian Crude Exports Hit 26-Month High in October
Exports of Algeria's Saharan Blend crude hit a more than two-year high last month, buoyed by a rise in shipments to the country's core markets in northwest Euro…
Oil Refinery
IOC's New Refinery Projects to Use 85pc Renewable Power
India's biggest state-controlled refiner IOC said it plans to meet 85pc of the power requirement for new projects at its refineries primarily from renewable sou…
UAE is the Official Host for COP28 in 2023
Confirmation followed unanimous endorsement by the Asia Pacific Group of nations during COP26, where nearly 200 countries have gathered to take concerted action…
Market Analysis
Netherlands Plans to Double Offshore Wind Capacity by 2030 to 22 GW
The Dutch government released an ambitious new plan that calls for nearly doubling the country’s plans for installed offshore wind power generation by 2030.
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