Port

Video: OPEC and Its Allies Extends Output Cuts Into April| Oil Price Surge

Global oil prices jumped higher after the organisation of the petroleum exporting nation's OPEC and its allies agreed to extend most oil output cuts into April.

Solar Power Plant

Enel Snaps up 519MW Spanish Solar Portfolio

Eleven projects acquired from Arena Power in the province of Huelva that will come online in 2024

Natural Gas

Texas Freeze Caused Record Gas Spot Prices and Outages

In the wake of a February winter storm that left Texans reeling from freezing temperatures and failed power generation units, reports are starting to publish da…

Wind Power Project

The 800-MW Vineyard Wind 1 Moves Closer to Starting Construction

The Department of the Interior today announced that the Bureau of Ocean Energy Management (BOEM) has completed the environmental analysis of the proposed Vineya…

LNG

Japan-backed AG&P Says Gets Approval to Develop Philippines LNG Terminal

Atlantic Gulf & Pacific Company said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas import and regasificat…

Coal Trade

Australia Resumes Coal Shipments to China

Australian shipments of coal to China have resumed, after the port of Gladstone in Queensland sent a shipment bound for Hong Kong and with initial shipping data…

Crude Oil

OPEC, Allies Agree to Keep Oil Output Steady into April

The Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed on Thursday to largely continue current production levels into April.

Hydrogen Project

Cromarty Firth Port Partners on Scots Hydrogen Scheme

Programme, including ScottishPower, could use green gas for distilleries in the Highlands

Crude Oil

PetroSA Merger to Form South African National Petroleum Company

In South Africa, the portfolio committee on mineral resources and energy was recently briefed by the department of mineral resources and energy on the merger of…

Joe Biden

SK Innovation to Ask U.S. President Joe Biden to Overturn ITC's 10-year Import Ban

SK Innovation issued a statement following the ITC’s release of a Commission Opinion on its ruling about a month ago.

Hydrogen Project

Iberdrola Mobilises Aragón’s First Green Hydrogen Generation Project

Iberdrola is leading a project in Aragón to produce green hydrogen by building a hydrogenerator at the PLAZA Logistics Platform in Zaragoza, with 10 MW of elec…

Hydrogen Project

Hidroelectrica Eyes Hydrogen Project with Verbund

Romanian state-owned hydropower generator Hidroelectrica will seek approval from shareholders this month to sign an initial agreement with Austrian utility Verb…

LNG

Australia’s January LPG Exports Rise by 45pc on Year

Australia's January LPG exports of more than 244,000t rose by 44.7pc from a year earlier but were around 14pc below December shipments, with the year-on-year ri…

China

China Targets GDP Growth of more than 6pc in 2021

China has set a GDP growth target of over 6pc this year, premier Li Keqiang said today.

Coal Trade

Indonesian Coal Exports Stutter in January

Indonesia exported another record-high volume of coal to China in January, but overall shipments stuttered amid weather-related disruptions and fewer loadings f…