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Oil Price

Oil Rises as Ukraine Issues State of Emergency, Suffers Cyber Attacks

Oil prices reversed earlier losses on Wednesday, rising on reports that Ukraine’s government, foreign ministry and state security service were affected by a cy…

Floating Solar Project

G8 Developing 65 MW Floating Solar at Hydro Project in West Africa

Singapore-based G8 Subsea has been awarded an agreement by a power authority in West Africa to install a full turnkey 65 MW system floating solar system at a hy…

LNG

Pakistan to Penalise Defaulting LNG Supplier

Pakistan LNG Limited (PLL) has made up its mind to impose a monetary penalty on Italy based LNG term supplier ENI, which is the 30 percent of the term cargo.

Offshore Wind Power

US Launches Biggest yet Auction for Offshore Wind

Bidding began Wednesday in the biggest US offshore wind energy auction yet, involving nearly 500,000 acres off the coasts of New York and New Jersey.

United States

U.S. Slaps Sanctions on Company Building Russia's Nord Stream 2 Pipeline

The United States on Wednesday imposed sanctions on the company in charge of building Russia's Nord Stream 2 gas pipeline.

Coal Production

China Starts Building 33 GW of Coal Power in 2021, Most Since 2016

China started building 33 gigawatts of new coal-fired power generation capacity last year, the most since 2016, research published on Thursday showed, a sign th…

Rooftop PV System

Wisconsin Town Offsets 50% of Municipal Energy Use with Rooftop Solar

The city of Wauwatosa, Wisconsin, has taken a giant step forward in its commitment to reduce municipal emissions by 50% by 2030 (compared to 2010 baseline figur…

Wind Farm

Global Wind Service Secures French Wind Farm Installation Contract

GE Renewable Energy has contracted Global Wind Service (GWS) as a partner for the load-out and installation of the 80-turbine Saint Nazaire offshore wind farm.

Oil & Gas Supply

The State of Play of Africa’s Deepwater Discoveries

While global demand sees an upward trend in a post-COVID-19 environment, oil and gas producing countries have been unable to maintain supply owing to a myriad o…

Geothermal Power Plant

NZ Government to Fund Geothermal Lithium Extraction Technologies

The New Zealand government will invest an equity stake of NZD 2 million (approx. USD 1.35 million) to scale up the lithium production technology of the Geo40.

Hydropower Plant

Lawmaker Aims to Stimulate Small Hydro Projects in Brazil

Brazil’s federal lawmaker Lafayette de Andrada, of the government-allied Republicanos party in Minas Gerais state, is working to unlock and stimulate the deplo…

LNG

China CNOOC to Add Giant New Tanks at LNG Terminal by End-2023

China National Offshore Oil Company, or CNOOC, aims to complete by the end of 2023 a project to install the world's largest storage tanks at a liquefied natural…

Carbon Emissions

Biden Administration Pauses Federal Oil and Gas Leases Again

Amid ongoing court battles over oil and gas leases with Republican state attorneys general, including Louisiana’s Jeff Landry, the Biden administration is once…

Wind Turbine

Maersk Supply Service Wins Floating Wind Contract for Saitec’s DemoSATH

Spanish engineering company Saitec Offshore Technologies has awarded Maersk Supply Service the contract for the mooring system installation of the Saitec Offsho…

Oil Price

India’s Fuel Appetite Seen at a Record even as Oil Nears $100

Local sales of gasoline, diesel and other fuels have started picking up after being whipsawed by several virus waves and tax-inflated pump prices in the past tw…