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Oil & Gas Trade

Nigeria's NNPC, Oil Majors Agree to Shorten Talks on Contracts

The new logo of the privatised Nigeria oil company is seen at the NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde/File Photo Ac…

Oil & Gas Trade

Exclusive: Poland's Unimot in Talks to Buy Shell's Stake in German Schwedt Refinery -Sources

A view shows oil processing facilities of an PCK oil refinery in Schwedt, Germany October 1, 2022. REUTERS/Annegret Hilse/File Photo Acquire Licensing RightsPol…

Offshore Wind Power

US Says to Complete Offshore Wind Auctions on Schedule Next Year

U.S. President Joe Biden holds up a wind turbine size comparison chart while attending a meeting with governors, labor leaders, and private companies launching …

Thermal Coal

US Thermal Coal Exports Jump to 5-Year Highs on Asian Demand: Maguire

United States thermal coal exports hit their highest levels since 2018 during the first eight months of 2023, climbing 20% from the same period in 2022 thanks t…

Energy Storage Project

Biden-Harris Administration Announces $325 Million for Long-Duration Energy Storage Projects to Increase Grid Resilience and Protect America's Communities

As part of President Biden’s Investing in America agenda,a key pillar of Bidenomics, the U.S. Department of Energy (DOE) today announced up to $325 millio…

Geothermal Power Plant

ISTAK Starts Work on Expansion of Svartsengi Geothermal Plant, Iceland

Students visiting the Svartsengi geothermal plant in Iceland (source: ThinkGeoEnergy)Icelandic construction company ISTAK has started work on the new power stat…

Photovoltaic （PV）

AEE Solar Opens New PV Equipment Distribution Center in California

Equipment distributor AEE Solar is opening a new 140,000 sq ft distribution center in Visalia, California. The new facility will provide additional support to A…

Hydrogen Project

$100 Million Kickstart for SA Hydrogen Plan

The Malinauskas and Albanese governments will jointly spend $100 million on infrastructure at the planned Port Bonython Hydrogen Hub near Whyalla to develop it …

Power Construction

ADB Approves $200M Loan for Uzbekistan's Power Distribution System

It aims to digitalise 26 distribution substations in the country.The Asian Development Bank (ADB) has given the green light for a $200m loan that will support t…

Offshore Wind Power

Global Wind Power Installed Capacity to Reach 2.38 TW in 2032

China will have the largest wind power capacity by 2032 at 1,080 GW.The total installed wind power capacity globally is expected to reach 2.38 terawatts (TW) in…

LNG

Hong Kong Launches 1st Offshore LNG Terminal

The LNG will be supplied to CLP’s Black Point Power Station and HK Electric’s Lamma Power Station.CLP Power Hong Kong and the Hongkong Electric Co.,…

Electric Vehicles

Tesla Cybertruck Spotted Doing Straight Line Acceleration Runs

The Tesla Cybertruck's acceleration has been demonstrated in a new video shot by a drone operator.The short video shows the Cybertruck driving on the compan…

Coal Trade

China-Built Power Plants Using High-Quality Coal in Pakistan

All coal-fired power plants built by Chinese companies in Pakistan have been consistently using high-quality coal imported from other countries, it was learned …

Electric Vehicle Charging

Entergy New Orleans to Pilot Vehicle-To-Grid Chargers in N.O. East

Entergy New Orleans is piloting the first vehicle-to-grid (V2G) project inside of Entergy's service territory, in partnership with First Student, the larges…

Nuclear Power Plant (NPP)

Head of Rosatom Visited Paks Ii Npp (Hungary) Site and Announced Plan to Pour First Concrete by 2025

On September 22, 2023, Levente Magyar, Deputy Minister of Foreign Affairs and Trade, Hungary, Gergely Jakli, General Director of Paks-2 NPP CJSC, and Alexey Lik…