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Chad

Chad Considers Construction of 200 MW Solar-Plus-Storage Plant

The minister of finance and budget and the minister of energy have signed a memorandum of understanding with Argentina-based Alcaal Group relating to the feasib…

Oil & Gas Trade

Shale Job Losses Accelerating and the Worst May be Yet to Come

Roughneck job cuts accelerated in July and the outlook may worsen as new Covid-19 cases stifle economic activity, according to the Petroleum Equipment and Servi…

Saudi Arabia

Saudi Aramco Says Profit Fell 73 Percent as Demand for Oil Shrank

Saudi Aramco, the world’s largest oil company, said on Sunday that its quarterly earnings plunged more than 73 percent compared to a year ago, as lockdowns imp…

Azerbaijan

BP has Ambitious Long-Term Plans for Work in Azerbaijan's Oil&gas Sector

BP will continue its business in Azerbaijan, Bakhtiyar Aslanbayli, BP’s communications and advocacy vice president for the Middle East and Caspian Region state…

United States

Sasol Sees Loss With $6.3 Billion in Writedowns, Oil Slump

Sasol Ltd. said it will swing to a full-year loss per share after writedowns on U.S. chemical assets contributed to 112 billion rand ($6.3 billion) of charges a…

Hydrogen Fuel Cell Vehicle

Jemena to Supply Green Hydrogen to Hyundai Australia

Hyundai Australia has secured a supply of green hydrogen from gas utility Jemena as part of a new deal that signals a significant step forward for Australia’s …

Nuclear Power Plant

China: Tianwan 5 Achieves Grid Connection

Unit 5 of the Tianwan nuclear power plant in China's Jiangsu province has been connected to the grid for the first time.

Nuclear Power Plant

Kudankulam Units 3 & 5 Hit Construction Milestones

Indian contractor Larsen & Toubro has completed on schedule the installation of the 'dry shield' for the reactor pressure vessel of unit 3 of the Kudankulam nuc…

Geothermal Power Plant

$7.2m DOE Grant to Fund Geothermal Exploration at Cornell University

Announced last week, the U.S. Department of Energy has awarded funding of around $28 million to 5 projects on various elements of geothermal development and tec…

Energy Transition

Croatian President Sets up Energy Transition Council

Croatian President Zoran Milanović has set up an energy transition council, which will be tasked with organizing expert consultations on important issues in th…

Electricity Transmission

Mozambique: EDM to Review Transmission Integration Study

Energy developer Ncondezi Energy announced that it has submitted a power transmission integration study to Electricidad de Moçambique for its integrated 300MW …

Nuclear Power Plant

Poland's Cabinet to Approve Nuclear Energy Plan Update in Q3

Poland generates most of its electricity from burning coal and sees nuclear energy as a way to help it reduce emissions as required by the European Union.

Wind Power Project

Facebook to Buy 170MW of Windpower in Landmark Renewables Deal

Renewable energy developer Apex Clean Energy has announced a power purchase agreement with Facebook for approximately 170MW.

Saudi Arabia

Oil Rises on Saudi Aramco's Upbeat Demand View

Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts, although uncertainty over a deal to shor…

Saudi Arabia

Saudi Aramco Profit Collapses But Oil Giant Retains $75bn Dividend

State oil giant Saudi Aramco saw profit collapse nearly 75 per cent in the second quarter as the coronavirus pandemic decimated oil prices around the world.