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Oil & Gas Trade

US Awards SPR Contracts Worth $229.5 Million to Exxonmobil, BP, Others

The Biden administration has awarded Strategic Petroleum Reserve (SPR) contracts for 2.95 million barrels of oil worth about $229.5 million to four companies, t…

Oil & Gas Trade

India Resumes Buying Russian Sokol Oil After 2-Month Hiatus, Sources Say

A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo Purchase Licensing Rights…

Offshore Wind Power

Jumbo Offshore Awarded Scope Expansion Contract For the Yunlin Offshore Wind Farm

Jumbo Offshore has recently been awarded a contract by Yunnneg Wind Power Co., Ltd. (YWPC) for the removal of monopiles at the Yunlin Offshore Wind Farm. The co…

Coal Trade

Greek Utility Secures Funding for 550 MW PV Plant at Former Coal Mine

Greece’s state-owned utility Public Power Corp. (PPC) has announced financing for the construction of a 550 MW solar plant. The project developed in the L…

Energy Storage Project

SN Aboitiz's BESS Project Starts Commercial Operations

SN Aboitiz Power’s 24-megawatt (MW) Magat battery energy storage systems (BESS) started commercial operation in the Philippines’ reserve market on 2…

Biofuel

EGAT to Explore Areas to Grow Crops for Biomass Fuel Production

The company will be co-firing coal and biomass in the Mae Moh Power Plant.The Electricity Generating Authority of Thailand (EGAT) signed a memorandum of underst…

Offshore Wind Power

Landmark Achievement: Envision Energy Secures First-Ever Order with 162 MW Wind Turbines in the Philippines

Envision Energy awarded first-ever contract to supply 162 MW wind turbines for Alternergy's Alabat and Tanay Wind Projects, featuring a combination of 6.5 M…

Electric Vehicles

It Begins: Ethiopia Set to Become First Country to Ban Internal Combustion Cars

Ethiopia spent nearly $6 billion to import fossil fuels last year — with more than half of that spending going to fuel vehicles. In response, Ethiopia’s Trans…

Hydropower Plant

Biden-Harris Admin: Nearly $72 Million in Largest Single Investment to Support America's Hydropower Facilities

President Biden’s Investing in America Agenda Funds the Largest Single Investment in the Nation’s Waterpower Production, 46 Projects Across 19 State…

Nuclear Equipment

Replacement Steam Generators Arrive at Cruas-Meysse

Three new steam generators were delivered last month to the Cruas-Meysse nuclear power plant in south-eastern France. The components will be replaced at unit 3 …

Nuclear Reactor

Holtec Unveils Hybrid Nuclear-Solar Power Plant Design

Holtec International has announced a new power plant design which combines the benefits of nuclear with those of solar. The Combined Nuclear/Solar Plant (CNSP) …

Floating Offshore Wind

CIP Inks MoU for Floating Offshore Wind Structures in South Korea

Denmark-headquartered Copenhagen Infrastructure Partners (CIP) has signed a memorandum of understanding (MoU) with HSG Sungdong for the floating wind structures…

Offshore Wind Power

Photovoltaic, Wind Power Capacity in China Surpassing Coal

Taken together, wind and solar power in China are set to overtake coal plants this year. In 2023, the country added 217 GW in photovoltaics in 2023, more than t…

Microgrid

How Canada "Constructed" Its Largest Virtual Power Plant in Just Six Months

(Credit: Siemens)EnergyHub, a distributed energy resource management systems (DERMS) provider, in partnership with Ontario’s Independent Electricity Syste…

LNG

FACTBOX European and Asian Companies Affected by US Pause on LNG Export Permits

Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsU.S. President Joe Biden's admi…