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Coal Price

NE Asia Coal Prices Jump on Fiercer Competition

A cold snap across the northern hemisphere and fiercer inter-basin competition for fuel amid a decline in Russian natural gas deliveries to Europe supported coa…

Nuclear Power Plant

Ice Wall at Fukushima Nuclear Plant May have Partially Melted

Japanese broadcaster NHK reported on Friday an ice wall preventing the flow of groundwater at Japan's Fukushima Daiichi Power plant operated.

Coal Production

Power Generation from Coal Falls 56% in Gujarat

Gujarat’s production of electricity from the coal-fired thermal power plants halved in October as private sector plants struggled to generate power due to spir…

Oil Field

Repsol Shuts in Yme Field Only Weeks After Start-Up

Spanish oil and gas company Repsol has been forced to halt production from its Yme field off Norway, less than a month after the oil production started.

EV Market

Chinese Battery Maker CATL Opens Branch in Korea

A Chinese media outlet reported on Nov. 17 that CATL of China, the world's largest battery manufacturer, has opened a branch in Korea.

Solar Power Plant

ZIMBABWE: Old Mutual Inaugurates 641 kW Solar Power Plant at Its Harare Headquarters

The renewable energy installation will also help alleviate the power supply problems Zimbabwe currently faces.

Crude Oil

Russia And Saudi Arabia See Oil Oversupply In 2022

“Everybody is predicting a surplus of supply starting from the first or second quarter,”

UAE is the Official Host for COP28 in 2023

Confirmation followed unanimous endorsement by the Asia Pacific Group of nations during COP26, where nearly 200 countries have gathered to take concerted action…

Coal Trade

Special Coal Transportation Trains Expected to Ease Power Crunch

Due to a slew of overlapping factors such as rapid economic recovery, swift foreign trade and rising coal price, west China's economic hub of Chongqing has face…

India

India Looks To Increase Oil Production By Selling Stakes In Oilfields

India, which imports around 80 percent of the oil it consumes, is looking to boost its domestic oil production and has reportedly asked its state-owned producer…

Wind Farm

Amancio Ortega Partners with Repsol for Its Investment in Wind Power

The owner of Zara breaks into the Aragonese renewable energy business through the Pontegadea investment fund with the purchase from Repsol of 49% of a wind farm…

Wind Power Project

Acwa Power been Awarded 1.1GW Wind Power Project in Egypt

Saudi Arabia’s ACWA Power has been selected to develop 1.1GW of wind power in Egypt, the developer revealed in its first quarterly results since launching its …

Nuclear Power Plant

Completion of Khmelnitsky 3 'Begins' in Ukraine

Work has already started to complete Ukraine's Khmelnitsky 3 using AP1000 technology.

Oil&Gas Drilling

Japanese Jack-up Rig Begins Vietnamese Drilling Job

Subcontracted by PetroVietnam, a Japan Drilling Company-owned jack-up rig has started drilling operations in waters offshore Vietnam.

Oil Refinery

Samsung Engineering Starts Shipping Modules for Dos Bocas New Refinery Project in Mexico

Samsung Engineering announced on Nov. 8 that it has started shipping modules to be used for the Dos Bocas New Refinery project in Mexico.