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Libya

Libya’s Oil Production Surpasses Annual Target

The National Oil Corporation (NOC) announced that daily crude oil production has surpassed its annual target, reaching 1,405,609 barrels of crude oil and an add…

Natural Gas

Eni Fires up Africa Oil and Gas FPSO Project

Eni on Saturday successfully started production of Phase 2 at its Baleine field offshore Ivory Coast, which will boost production at the asset to 60,000 barrels…

Dam

Hydro Tasmania Awards Edgar Dam Upgrade to Local Business

Hydro Tasmania has awarded the contract to upgrade the Edgar Dam to Tasmanian civil construction company Hall Earthmoving. Work on the project will begin in lat…

China

Iron Ore Price Reverses to Losses as Weakening China Steel Consumption Drags

Iron ore futures prices fell on Thursday, reversing from earlier gains, with weakening downstream steel consumption dampening sentiment and investors hungry for…

Natural Gas

Petrobras Informs About New Law for the Oil and Gas Sector

Petrobras informs that the Brazilian government enacted Law 15,075/2024, dated December 26, 2024, which addresses the possibility of transfer of local content s…

Hydrogen Technology

Korea Proposes New Global Standards for Hydrogen Technology at ISO/TC197 General Assembly

Two hydrogen technologies proposed by Korea as new international standards have received the consent of experts at the recently held ISO/TC197 General Assembly,…

Solar project

ReNew Sells 300 MW Solar Asset in Rajasthan for $176 Million

The 300 MW solar project, located in Jaisalmer, benefits from a 25-year power purchase agreement with Solar Energy Corp. India Ltd at INR 2.55/kWh. It has been …

Nuclear Technology

NANO Nuclear Energy to Acquire Micro Modular Reactor (MMR) and Pylon Technologies, Including All Associated Patents, Through a Chapter 11 Bankruptcy Auction

NANO Nuclear Energy, a nuclear energy and technology company focused on developing portable, clean energy solutions, executed a definitive agreement to acquire …

Green Hydrogen

AES Andes Submits Eia for Industrial-Scale Hydrogen Project in Chile

Energy company AES Andes has submitted an environmental impact assessment (EIA) to Chilean permitting authorities for a proposed industrial-scale green hydrogen…

Oil Price

Azerbaijani Oil Price Once Again Exceeds $75

The price of Azerbaijani crude oil has once again surpassed $75 per barrel.A barrel of Azeri Light crude rose by $1.11, or 1.49%, reaching $75.37 on Wednesday.T…

LNG

Golar LNG Buys Remaining Stake in Flng Unit for $90M

Floating liquefied natural gas (FLNG) specialist Golar LNG has acquired minority ownership interests in the 2.4 mtpa FLNG Hilli from Seatrium and Black & Veatch…

Electric Vehicle Battery

Intellectual Property in the Battery Sector: Part Two

Tesla, trade secrets, and another lawsuitDry coating technology is at the centre of another recent lawsuit in the battery manufacturing sector.As discussed, Tes…

Decarbonization

MHI-Imabari JV Changes Name to Better Respond to Maritime Decarbonization

MI LNG Company, a joint venture company established by Japanese giants Mitsubishi Heavy Industries (MHI) and Imabari Shipbuilding, is to be renamed as the compa…

China

Wind Power and Photovoltaic Solar Energy Overtakes Thermal Power in China’s Coal-Rich Inner Mongolia

The installed new energy capacity, which includes wind power and photovoltaic solar energy, in North China’s coal-rich Inner Mongolia autonomous region ha…

Service Operation Vessel

France Experiences Wind Propulsion Boom in 2024

The French wind propulsion industry witnessed strong growth in 2024. The country’s sailing fleet now comprises eleven large cargo ships, with four new win…