Res

Uganda

Uganda Counts on TotalEnergies, CNOOC to Create New African Oil Hub

Ugandan President Yoweri Museveni is counting on TotalEnergies SE and CNOOC Ltd. to produce oil from its fields in four years, laying the foundation for a new r…

Crude Oil

OPEC+ Lgnores Calls For More Crude, Adds Meagre 140,000 Bpd In October

OPEC+ added just 140,000 barrels daily of crude oil last month

Tidal Energy

‘Tidal could Supply 11% of UK Electricity’

Tidal stream power has the potential to deliver 11% of the UK’s current annual electricity and play a significant role in the government’s drive for net-zero,…

Offshore Wind Power

Eni Acquires Stake in Dogger Bank C Wind Project

Eni has strengthened its presence in the UK offshore wind market by entering into an agreement with Equinor and SSE Renewables to acquire a 20% stake of the 1.2…

Crude Oil

OPEC Rejects Biden’s Call for More Oil

OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasolin…

Electricity Reform

Private Sector Producers Launch Electricity Sector Association of Kenya

Private sector producers of electricity in Kenya recently launched the Electricity Sector Association of Kenya.

South Korea

South Korea Joins Global Methane Pledge

South Korea is committed to lowering methane emissions by 30pc by 2030 from 2020 levels as it joins the "global methane pledge," President Moon Jae-in said at t…

Net Zero Emission

Russia Approves 2050 Low-Carbon Strategy

Russia is looking to its vast forests to help it cut its net greenhouse gas emissions by 60pc over the next 30 years.

Crude Oil

Iraqi Crude Exports Inch up in October

Iraqi crude exports marketed by state-owned Somo edged up in October, according to preliminary figures from the country's oil ministry.

Xi Urges Concrete Actions to Address Climate Change, Energy Issues

Chinese President Xi Jinping on Sunday called on the international community to take concrete actions to address climate change and energy issues.

Nuclear Power Plant

Akkuyu 4 Nuclear Reactor Obtains Construction Licence

Akkuyu is a new nuclear power plant on Turkey’s Mediterranean coast with three VVER-1200 reactors designed by Rosatom subsidiary Gidropress already under const…

Net Zero Emission

G-20 Leaders Tackle Climate Change As Summit Ends

The Group of 20 countries, which represent more than three-quarters of the world's greenhouse gas emissions, are looking for common ground on how to reduce emis…

O＆M

RES Completes Sale of Its Development and Construction Business

RES, one of the world’s largest independent renewable energy companies, has completed the sale of its development and construction business in France to Hanwha…

Coal Production

China to Launch New Data Monitoring System, Targeting Coal Market Speculation, Hoarding

At present, multiple testing and trial operations have been carried out on the medium and long-term coal contract performance data system.

Energy Investment

Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments

President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.