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Oil&Gas Drilling
Eni Confirms Gas Potential in Discovery Offshore Vietnam
Italian oil and gas company Eni has discovered a significant hydrocarbon accumulation on the Ken Bau discovery located in Block 114, Song Hong Basin, offshore V…
CNOOC
Chinese Offshore Oil and Gas Company Joins ADNOC’s Concessions
ADNOC has entered into an agreement for the transfer of rights in its Lower Zakum and Umm Shaif and Nasr offshore concessions from the China National Petroleum …
IFC Assists SMEs in Nigeria to Navigate Economic Challenges
International Finance Corporation is providing a loan of up to $50 million to Access Bank to help the bank increase liquidity to thousands.
Smart Grid
Egypt to Create the Middle East's First-Ever Smart Grid
State-owned Egyptian Electricity Holding Company will transform its electricity grid into a smart grid with the help of Schneider Electric.
Market Analysis
Coal Should have no Part in Economies' Post-COVID Plans: UN Chief
Antonio Guterres expressed concern that new coal plants are still being financed.
Offshore Wind Power
Japan to Launch New Policy for Offshore Wind Projects
It plans three or four project each year until end-2030.
Gas power plant
Chan May LNG Invests in 4GW Gas-Fired Plant
The first phase of the project is expected to start operations by 2024.
CCS
UK Needs Hydrogen, Carbon Capture to Meet Net Zero Goal
Britain's goal of achieving net zero emissions by mid-century is achievable but immediate action is needed across a range of technologies including carbon captu…
Oil Pipeline
Pipeline Blast Halts Gas Flows from Bulgaria to Greece
An explosion damaged a pipeline in southwestern Bulgaria early on Monday, halting transit of Russian natural gas through Bulgaria to Greece。
Distributed energy
Annual Spending on DER Management to Hit $5.9bn by 2029
The global market for distributed energy resources management technology is expected to grow by 24.3% per annum between 2020 and 2029.
Thermal Plant
Greece to Phase-Out Lignite Power Generation by 2023 with EIB Loan
The European Investment Bank has issued €125 million ($146.3 million) loan for the development of a new power generation plant in Greece.
Microgrid
Distributed Fossil Fuels Dominate in Microgrids Installed in the US
Distributed fossil fuel generation accounted for 86% of installed microgrid capacity in the US in 2019, according to a new report issued by Wood Mackenzie.
Energy Technology
Iberdrola Launches Europe’s Largest Green Hydrogen Plant for Industrial Use
Iberdrola has signed an agreement with fertiliser company Fertiberia to construct the largest green hydrogen plant for industrial use in Europe.
CCS
ExxonMobil Discovers New Material to Enhance Carbon Capture Technology
Scientists from ExxonMobil, University of California, Berkeley and Lawrence Berkeley National Laboratory have discovered a new material.
Solar Power Plant
EWEC Awards Contract for 2GW Solar Power Plant Project in UAE
The Emirates Water and Electricity Company has awarded a contract to a development consortium for a 2GW solar power plant located in the UAE.
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