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Oil&Gas Drilling
ReconAfrica Commences Drilling Operations in Kavango Basin
Reconnaissance Energy Africa Ltd. has commenced drilling operations on the first well (6-2), of an initial three well program, in the deep Kavango Basin in the …
Energy Infrastructure
Neptune Energy Awards $6.5M Contracts for Cygnus Gas Facility
Neptune Energy has announced the award of integrity management and fabric maintenance contracts for its operated gas production platform, Cygnus, to Oceaneering…
Clean Energy Transition
COP26: Developed Nations Urged to Provide $100bn for Energy Transition
World energy leaders held a virtual COP26 Roundtable on Clean Power Transition to discuss the global transition to clean power as part of a green recovery and t…
Power Construction
LS Cable & System Completes Cable Plant in Egypt
LS Cable & System has completed a cable plant in Egypt, the company’s first cable production plant in Africa.
Energy White Paper
China Issues White Paper on International Development Cooperation
China on Sunday issued a white paper on the country's international development cooperation.
Natural Gas
Sinopec, SIBUR Set up Joint Venture
SIBUR and Sinopec will hold respective interest in the joint venture in the amount of 60 percent and 40 percent.
Coal Trade
German Coal Moves Ahead of Gas for February
A spike in German NCG gas prices in recent sessions has depressed clean spark spreads for February, pushing more coal ahead of gas in the merit order.
Oil Price
Hike in Petrol, Diesel Rates after Global Oil Price Jump
Accordingly, in the national capital, petrol was sold at the new record high level of Rs 84.45 from the previous days of Rs 84.20 a litre while diesel price inc…
Crude Oil
Altrad Snaps up Contracts Worth £30m for Work at Major Oil Refinery
Industrial services giant Altrad has signed two long-term contracts with a major oil refinery on the east coast of England, worth an estimated £30 million.
Coal Trade
US 2021 Coal Production Expected to Rise 15.6% on Year: EIA
The US is estimated to produce 602.6 million st of coal in 2021, the Energy Information Administration said in a Jan. 12 report, lowering its estimate from a mo…
Electric Car
Tesla Gains 5% on Launching in India
Tesla stocks rallied higher at the end of Tuesday’s trading session gaining as much as 5% as the stock settled at $849.
Nuclear Power Plant
Framatome Expands Presence in Central Europe’s Nuclear Market
French-based designer and supplier of nuclear steam supply systems, equipment and services, Framatome, has acquired the nuclear and process automation arm of Hu…
Hydrogen Technology
Siemens Energy in $146m bid to Harvest Hydrogen from Offshore Wind
Siemens Gamesa and Siemens Energy have today announced plans to invest €120m in a five-year strategy to unlock the potential of harvesting green hydrogen from …
United States
US DoE Publishes its ‘Energy for Space’ Strategy
The US Department of Energy has released its ‘Energy for Space’ strategy.
Energy Investment
Resalta Sells Croatian Biomass Cogeneration Plant
The transaction is one of the largest foreign investments in the biomass renewables segment in Croatia.
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