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OPEC

Next OPEC+ Ministerial Meeting Reportedly Set For January 4

Oil prices are set for a volatile start to the new year, as the next OPEC+ group meeting on production policy is expected to be set for the first trading day, J…

Oil & Gas Trade

Iran Prepares For Oil Export Boost

Iran is preparing to start expanding its crude oil exports ahead of Joe Biden's inauguration in January in a clear sign it expects better bilateral relations wi…

Wind Farm

McDonald’s Signs Three more Virtual PPAs for 1.13 GW of Renewable Power

McDonald’s has announced its continued commitment to climate action through the signing of three new virtual power purchase agreements for two wind farms and o…

Solar Power Panel

ALGERIA: Two New Solar Panel Manufacturing Plants to be Built

According to the first annual report of the Commissariat for Renewable Energies and Energy Efficiency, two new factories for the production of solar panels will…

Coal Trade

India's Coal Import Drops 19% to 117 Million Tonnes During April-October This Fiscal

India's coal import saw a drop of 18.6% to 116.81 MT during April-October this fiscal as against the same period a year ago.

Energy Storage Project

US Sets New Record in Energy Storage Deployment

A new report released by Wood Mackenzie and the US Energy Storage Association states the US energy storage market has increased by 240% in the third quarter of …

Rooftop PV System

Vietnam's Rooftop PV Solar Installed Capacity will Reach 2GW in 2020

The local media in Vietnam reported on December 4 that even if it was affected by the new crown pneumonia epidemic, the Vietnamese solar market still achieved g…

Floating Solar Project

SNAP to Scale up Floating Solar Portfolio

SN Aboitiz Power Group – the joint venture of SN Power of Norway and Aboitiz Power Corp.—is looking to scale up its floating solar portfolio after its pilot p…

Nuclear Fusion

China Just Switched on Its 'Artificial Sun' Nuclear Fusion Reactor

China successfully powered up its "artificial sun" nuclear fusion reactor for the first time, state media reported Friday, marking a great advance in the countr…

Solar Power Plant

Newport Eyes Huge 75MW Nationally Significant Solar Farm

Newport is eyeing a huge 75MW solar farm to be built on the Gwent levels in south Wales.

OPEC

Kazakhstan Supports Consensus in OPEC+ Agreement

The OPEC + countries decided to increase the supply of oil in January 2021 following a ministerial meeting of the organisation, which was held via videoconferen…

Offshore Wind Power

UK’s Current Offshore Wind Pipeline Falls Short of 2030 Target

Latest figures from Cornwall Insight’s ‘Renewables Pipeline Tracker Report’ show that even if all UK current offshore wind sites with leasing are developed i…

Floating Offshore Wind

Global Floating Wind Energy Market to Record a 2000-Fold Increase by 2050

A new report forecasts that with the right drivers in place, the installed capacity of floating wind energy will grow from the existing 100 MW to 250 GW in 2050…

Oil Field

ExxonMobil in Negotiations to Acquire Stake in India’s Oil and Gas Fields

US oil major ExxonMobil is reportedly in talks to acquire a stake in India’s producing oil and gas fields.

Oil & Gas Trade

Alaska’s Oil Exports Double Amid Strong Chinese Demand

While demand from U.S. West Coast refiners has been subdued, overall Chinese crude oil imports have held strong during the COVID-19 wave in China early this yea…