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Energy Security

Myanmar's Biggest Cities Hit by Brief Power Outages

A power blackout briefly hit Myanmar's main urban centres and far-flung towns on Friday, including commercial hub Yangon and parts of the capital Naypyidaw, aut…

Energy Investment

DOE Invests $27 Million in Battery Storage Technology and to Increase Storage Access

The U.S. DOE today announced $17.9 million in funding for four research and development projects to scale up American manufacturing of flow battery and long-dur…

China

PetroChina, Hengli Win four Cargoes in First China Oil Reserve Sale

The prices were lower than the spot market as Middle East crude benchmark Dubai was at $74.09 a barrel on Thursday.

Solar Power Panel

Solarwatt Opens 300 MWp Solar Panel Factory in Dresden

German solar panel manufacturer Solarwatt has commissioned a new factory with the capacity to produce 300 MWp of double-glass solar panels as well as two new pr…

Net Zero Emission

Sri Lanka to Cease Building Coal-Fired Plants, Aims to be Net-Zero Emitter by 2050

Renewable energy sources such as wind and solar, and small and large hydro power plants together account for half of the island nation's installed electricity c…

Oil Price

Oil Price Hits Highest in Almost Three Years As Supply Tightens

Brent futures rose 84 cents, or 1.1%, to settle at $78.09 a barrel, while U.S. West Texas Intermediate crude rose 68 cents, or 0.9%, to settle at $73.98.

Energy Storage Project

Foresight Group Buys 50MW Scottish Battery

Foresight Group has acquired the 50MW Blackpark energy storage project in Scotland from ILI Group for an undisclosed price.

Nuclear Reactor

Rosatom Starts ATF Operation in a Commercial Reactor

Research, design and testing of the accident tolerant fuel in TVEL Fuel Company is provided and coordinated by the Bochvar Institute of Inorganic Materials.

Hydrogen Project

BP, ADNOC and Masdar to Develop 2GW of Low Carbon Hydrogen

The trio have the intention to expand the project as it progresses, a statement confirmed.

Oil Field

Sinopec Gas Field Announces Big Production Numbers

As the world's first large gas field with buried depth of more than 7,000 meters and a high-sulfur content reef, the gas field is ultra-deep, high temperature, …

Energy Storage Battery

Dominion Acquires 20MW Virginia Battery

East Point Energy sells Dry Bridge project which will come online next year

Oil & Gas Trade

China's Oil Consumption Seen Peaking Around 2026, Sinopec Exec Says

Natural gas will become China's top fossil fuel resource around 2050

Geothermal Power Plant

Rystad Energy: Geothermal Power on the Rise

Additional interest in geothermal may be generated by the repurposing of existing oil and gas infrastructure as well as the extraction of lithium.

Oil Price

Oil Falls As Storm-Hit U.S. Supply Trickles Back into Market

Oil prices fell on Friday as energy companies in the U.S. Gulf of Mexico restarted production after back-to-back hurricanes in the region shut output.

Hydropower Plant

RFP issued for 500MW Pumped Hydro Energy Storage in California

A Request for Proposals has been issued for a 500MW pumped hydro energy storage project at a reservoir in California by the San Diego County Water Authority.