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Trump's Agriculture Department Announces 30% Biofuel Goal for 2050
The U.S. Department of Agriculture on Thursday announced a goal for biofuels to make up 30% of U.S. transportation fuels by 2050, a move that could bolster an i…
Oil & Gas Trade
Sanctions on Rosneft Unit Threaten Venezuela’s Vital Oil Trade
U.S. sanctions on Rosneft Trading SA threaten to hit Venezuela’s ability to export oil, choking off the main source of cash for Nicolas Maduro’s regime and po…
Solar Power Panel
India Achieves Lowest Cost of Floating Solar Power Globally
With the Indian floating solar photovoltaic (FSPV) industry still gaining ground, a recent report has said the country has achieved the lowest investment cost f…
Energy storage technology
Can The U.S. Compete With China In The Energy Storage Race?
Last year Oilprice reported that the energy storage industry was about to explode in China. We wrote that “China is set to become the single biggest energy sto…
Nuclear Power Plant
First Contracts Awarded for Egypt’s $25bn Dabaa Nuclear Power Station
Atomstroyexport, the subsidiary of Russia’s Rosatom nuclear engineer overseeing the construction of Egypt’s Dabaa nuclear power plant, announced on Sunday tha…
Dasu Hydropower Project to Start Generation in 2024: Wapda Chairman
Construction work on Dasu Hydropower Project is gaining momentum as the issue pertaining to rates of land has been resolved due to support by the federal and Kh…
Nuclear Power Plant
The UAE OKed to Operate 1st Nuclear Power Plant
The United Arab Emirates independent nuclear regulator Monday issued the operating license for Unit 1 of the country’s $24.4 billion Barakah Nuclear Power Plan…
Nuclear Power Plant
EDF Readies Plans for £16bn Sizewell C Nuclear Plant
French-owned energy giant reportedly plotting new nuclear power station in Suffolk in partnership with China's CGN
Asian Markets Fall as Coronavirus Hits Earnings, Growth
China is the world's biggest importer and consumer of oil, and crude prices have been particularly sensitive to the epidemic that has spread to nearly 30 countr…
Oil & Gas Trade
Libya Faces Disaster If Oil Blockade Continues
Libya is facing financial disaster if the Libyan National Army does not lift the oil port blockade, the Prime Minister of the UN-recognized Government of Nation…
Power Construction
Greece's PPC Gets EUR 100m from EIB for Grid Modernisation
The European Investment Bank (EIB) and Greek utility PPC SA (ATH:PPC) on Friday signed an agreement for a EUR-100-million (USD 108m) loan supporting investments…
Nuclear Power Plant
IAEA Helps Streamline Pakistan's Nuclear Power Programme
Pakistan has described the support it has received from the International Atomic Energy Agency (IAEA) in strengthening its nuclear power programme through a pro…
Drilling for Geothermal Project to Proceed on the Azores, Portugal
As reported by local news in Iceland, Iceland Geothermal Drilling Company has secured a drilling contract valued at ISK 2.6 billion (around EUR 18.6 million) …
Crude
South Sudan Ignores Reports on Oil Pollution, Birth Defects
The oil industry in South Sudan has left a landscape pocked with hundreds of open waste pits, the water and soil contaminated with toxic chemicals and heavy met…
Wartsila to supply gas power plant for industrial park in Bangladesh
Finnish company Wartsila has received a contract to supply 78MW engine power plant to support an industrial complex in Bangladesh.
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