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Oil & Gas Trade
Middle East Share of India's Oil Imports Hits 2-Year High in July
Middle Eastern oil accounted for 71.5% of India's oil imports in July.
Crude Oil
Iraq Pledges to Deepen Oil Output Cuts in August, September
Iraq said on Friday it would cut its oil production by another 400,000 barrels per day in both August and September to compensate for its overproduction in the …
Oil & Gas Trade
US Slashes Nigerian Oil Imports by 11.67m Barrels
The United States slashed its imports of Nigerian crude oil to 9.37 million barrels in the first five months of this year, 11.67 million barrels lower than what…
EV Market
Green Recovery to Work in Favour of Global EV Adoption
Electric vehicle (EV) sales are expected to reach 45 million units per year by 2040, with a total global EV stock of 323 million.
Wind Power Project
Australia Adopts Policy for Development of 1.2GW Wind Project
The project could generate its first electricity by 2023.
Coal Trade
Japanese Business Lobby Pushes Coal-Friendly Policy
A study revealed that it has undermined the country’s climate change efforts.
Energy Storage Battery
Rolls-Royce Expands Battery Container Production
Rolls-Royce’s business unit Power Systems is increasing its capacity for producing battery containers.
Solar Power Panel
Australia’s SA Water Powers Eyre Peninsula with 1.3k Solar Panels
Around 1,300 solar photovoltaic panels are now helping to power SA Water’s drinking water operations on the Eyre Peninsula
Gas turbine engine
Kawasaki Gas Engine and PBST Achieve World’s Highest Class Efficiency
Kawasaki Heavy Industries’ new type KG-18-T gas engine, equipped with German air management specialist, PBST’s two-stage-turbocharging ‘ECOCHARGE’ system.…
Power Construction
GE Secures $1.2bn of Power Contracts from Iraq Power Ministry
The Government of Iraq has awarded two power generation and transmission contracts, valued at more than $1.2bn, to General Electric.
Biobattery
Nova Pangaea Set for Expansion Following £900,000 Funding Round
Nova Pangaea Technologies, the U.K. company which sustainably converts biomass into valuable feedstocks for biofuels.
Energy Storage Battery
‘First mover’ Key Capture Energy putting 200MW of LFP batteries online in Texas
Key Capture Energy will build three large-scale energy storage systems to participate in Electricity Reliability Council of Texas energy markets
Geothermal Power Plant
Current Crisis Could Slow Down Geothermal Development in Italy for the Next Two Years
Before the arrival of the pandemic the geothermal sector – for the production of electricity as well as heat – was in great shape in Europe and in the world.…
Geothermal Power Plant
Zorlu Energy Acquires Two Geothermal Exploration Licenses in Agri, Turkey
Zorlu Enerji has acquired two geothermal resource exploration licenses in Agri, Turkey, through a tender by the local administration.
Market Analysis
Europe’s Biggest Coal Nation Could Soon Go Nuclear
Every severe economic crisis shakes the basic foundations of seemingly mainstream policies and ideas and makes one wonder whether the recession’s impact could …
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