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Eavor Raises USD 8m to Fund Development of New Geothermal Tech
Eavor Technologies Inc on Tuesday said it has raised CAD 11.4 million (USD 8.1m/EUR 7.5m) to fund the development programme for its geothermal energy technology…
Oil&Gas Drilling
PTTEP Makes New Oil Discovery Offshore Mexico
PTTEP and its joint venture partners made two successful deep-water oil discoveries in Block 29, offshore Mexico, with good quality reservoirs. Commercial poten…
Oil Price
Saudi Arabia Raises Oil Prices As Demand Recovers
Saudi Arabia’s oil giant Aramco raised the price for all its crude oil grades to all regions for June in a move that analysts see as the start of demand recove…
Hydrogen Project
Douglas County PUD Moves forward with Plans for Green Hydrogen
Douglas County Public Utility District (Douglas County PUD) is pushing ahead with plans to provide green hydrogen for Washington State at an attractive price as…
Oil&Gas Drilling
Equatorial Guinea Extends Oil and Gas Exploration Licenses by Two Years
The minster continued: “Liquidity is very important right now. The last thing we want is for [companies] to decide that it is not economical to operate in-coun…
Market Analysis
Largest Solar Project in Eastern US Progresses Despite Market Uncertainty
Mega-solar projects topping 500 megawatts have cropped up in many regions of the U.S., but land constraints have mostly kept such behemoths out of the Southea…
CCGT
Vietnam Adds 2.7-3GW Gas-Fired Projects to National Planning
Their first phases are set to be commissioned in 2025-26.
Crude Oil
Oil Rises Further Above US$26 as Opec+ Begins Record Cuts
Oil rose further above US$26 a barrel on Friday as Opec and its allies embarked on record output cuts to tackle a supply glut due to the coronavirus crisis that…
Nuclear Policy
NGOs Demand Place for Nuclear in EU Taxonomy
A group of more than 100 scientists and environmentalists have written to the European Commission calling for a "timely and just assessment" of nuclear energy i…
Nuclear Technology
Japan's Tepco, Chubu, Hitachi, Toshiba to Collaborate on Nuclear Plants
Tokyo Electric Power, (9501.T) Chubu Electric Power, (9502.T) Hitachi (6501.T) and Toshiba (6502.T) have agreed to consider cooperating on their nuclear plant b…
Coal-Fired Power Plants
US $3bn Coal Power Plant to be Constructed in Zimbabwe
The 2,800MW power plant will be constructed in four phases of about 700MW each. Rio Energy will partner with China Gezhouba Group Corp in funding and developin…
Crude Oil
Petrobras Reverses Production Cuts as Fuel Demand Beats Expectations
Petrobras has cancelled most of the cuts it had announced.
Nuclear Power Plant
No Radiation Risk from Fires at Chornobyl: IAEA Report
A recent fire in a restricted area near the chernobyl nuclear power plant in Ukraine poses any radiation-related risk.
Geothermal Power Plant
BLM Approves Haiwee Geothermal Leasing Area
Future proposals for leases are subject to additional site- and project-specific environmental analysis.
Nuclear Power Plant
French Sparks Spike on Lower Nuclear Availability
French clean spark spreads for third-quarter base-load delivery have risen sharply in recent sessions.
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