Res

Oil Field

Lukoil to Operate Offshore Area 4 Project in Gulf of Mexico

PJSC LUKOIL announced the entry into an agreement to acquire the 50% operator interest in the Area 4 project in Mexico through the acquisition of the operator’…

Oil Price

$70 Oil Isn’t Enough To Stabilize Iraq Right Now: Moody’s

Iraq’s economy will strengthen this year as a result of higher oil prices but this will not be enough to stabilize it over the long term, according to Moody’s…

Cooperation case

Xi Says Sound China-Czech Ties Accord with Trend of Times

Chinese President Xi Jinping said Wednesday evening that maintaining and growing a sound relationship between China and the Czech Republic accords with the tren…

Carbon Neutral

China, EU Businesses Launch Initiative to Support Carbon-Neutrality Commitments

Representatives from the business sector launched on Thursday an initiative to support the commitments of China and the European Union to green and sustainable …

LNG Carrier

The Suez Canal Blockage: Impact on the LNG Shipping Marke

The first half of 2021 witnessed an impressive volatility of the LNG shipping market.

Hydrogen Project

Abu Dhabi Explores Green Hydrogen to Ammonia for Shipping and Export

Abu Dhabi National Energy Company and Abu Dhabi Ports are discussing the development of an industrial scale green hydrogen to ammonia export project in Abu Dhab…

Solar Cell

Jolywood Increase the 16 GW High-efficiency N-TOPCon Monocrystalline Cell Project

Jolywood intends to issue no more than 326,888,207 shares to specific objects, and the total amount of funds raised does not exceed 2.5 billion Yuan.

Hydrogen Project

Australian Government Backs New Hydrogen Research Program

The Australian government has awarded AUD 5 million to the Commonwealth Scientific and Industrial Research Organisation to support hydrogen research.

LNG

Mexico to Create State-Owned LPG Company

Mexico is working to create a state-owned company that will distribute LPG at a "fair price" using state-owned Pemex supply to compete with the private-sector, …

Wind Turbine

Second Siemens Gamesa Turbine Awarded Typhoon-Resistant Certificate

Both Siemens Gamesa machines are thus able to withstand Typhoon or T-class wind speeds as determined by the IEC, reaching 57 m/sec. for 10 min. and 3 sec gusts …

Floating Offshore Wind

Belgium’s Parkwind Secures Funding for German Floating Wind Farm

Belgium-based green energy company Parkwind has secured funding from multiple financial institutions to implement its first renewable energy project outside Bel…

Geothermal Power Plant

Turkey Among Fastest-Growing Nations in Geothermal Energy

Turkey is among the fastest-growing countries in terms of geothermal energy as its capacity to produce electricity from geothermal resources has reached 1650 me…

Crude Oil

OPEC+ Fails To Hike Oil Production, Delays Decision Again

OPEC+ much-awaited resumption of talks today has now been delayed, indicating that Saudi Arabia and the UAE have not been able to broker any agreement after the…

Crude Oil

Opec+ Resumes Output Talks Amid UAE Standoff

Opec+ ministers are due to resume talks at 15:00 Vienna time today to try to defuse what is fast becoming the group's most serious crisis since it embarked on i…

Energy Storage Battery

DNV and Dutch Partners Launch Test Lab for Battery Systems

Engineering firm DNV has partnered with a consortium of Dutch emergency services and municipalities responsible for public safety to establish a new test lab fo…