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Oil Price

Oil Prices Ease as Weak Economic Data Offsets Higher US Winter Storm Heating Demand

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices eased in volatile trade on Monday as some bearish economic news …

Photovoltaic （PV）

MDAs Spent N22bn on Solar Installations in 2024 – Report

Federal ministries, departments, and agencies collectively spent a total of N22,782,065,914.14 on various solar power installations across Nigeria in 2024.The e…

Nuclear Reactor

Why Fusion Energy Is the Future of Clean Power

Imagine a world where energy is limitless, clean, and safe—a world without pollution from burning fossil fuels or dangerous nuclear waste. This dream is at the…

Natural Gas

US Natural Gas Prices Jump 9PC as Winter Storms Boost Heating Demand

US natural gas futures soared 9% in volatile trade on Monday as winter storms battered the eastern half of the country, causing output to decline as some oil an…

Photovoltaic （PV）

China’s Trina Solar Sets World Record for Solar Conversion Technology

Trina Solar said it would continue to increase its research and development in passivated solar technology to maintain its technology leadership.China’s T…

Oil & Gas Trade

Iran, Russia May Sign Transport and Gas Cooperation Agreement - Ambassador

An agreement on transport and gas cooperation between Iran and Russia may be signed during the visit of Iranian President Masoud Pezeshkian to Russia on January…

Carbon Capture

Teesside and Edinburgh Universities Develop New Carbon Capture Material

Known as CalyChar, the new material is an advanced form of hydrochar, a charcoal-like material formed by using heat and water to treat organic/bio waste in a pr…

Oil&Gas Drilling

SOCAR Enhances Safety Measures Amid Unstable Weather Conditions

Due to the sharp changes in weather conditions, including windy and unstable weather across the country, the "Azneft" Production Association of the State Oil Co…

Photovoltaic （PV）

Kinematics Acquires Spanish Solar Tracking Controller Specialist

Kinematics, a U.S.-based specialist in intelligent motion control has signed a definitive agreement to acquire P4Q, a Spanish manufacturer of electronics for so…

Coal Technology

Breakthrough in Carbon Capture Technology: Youwan’s Revolutionary Solution Garners Global Recognition

According to a report currently published by 《The Icons》, YOUWAN Concentrate Consultants, a Taiwanese company founded by Slone Wang, has introduced a groundbr…

Oil & Gas Trade

Nigeria Imports 31.8m Litres of Petrol Daily to Bridge Local Refining Shortfall

Nigeria is currently importing about 79.5 per cent or 31.8 million litres of Premium Motor Spirit (PMS), popularly called petrol to bridge local refining shortf…

Oil Refinery

BUA’s 200,000bpd Oil Refinery Progressing, Not 90% Completed Yet

Emmanuel Addeh in Abuja BUA group yesterday clarified that although its 200,000 barrels per day crude oil refinery located in Akwa Ibom, South-south Nigeria, wa…

Oil Refinery

Oil Marketers Want FG to Privatise Kaduna, Warri Refineries

Oil marketers, represented by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), have called on the Federal Government to privatise …

Hydrogen Production

Treasury, IRS release final regulations for 45V Clean Hydrogen Production Tax Credit

The U.S. Department of Treasury and Internal Revenue Service on Jan. 3 released final rules for the Section 45V Clean Hydrogen Production Tax Credit established…

Biofuel

Indonesian Firms Get 1-1/2 Months to Implement New B40 Biodiesel Mix

Indonesian companies will get a 1-1/2 month transition period to meet the new B40 biodiesel requirement, Deputy Energy and Mineral Resources Minister Yuliot Tan…