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Ups
Oil Price
Oil Expected to Stay Above $100 Amid Russia-Ukraine Crisis and Demand Push
The upside will remain limited above the $130 per barrel mark, while the $100 per barrel will be an important support to watch.
Crude Oil
US Shale Investors Worry over Impact of Output Jump
US shale oil investors are concerned that quickly ramping up production to capture soaring crude prices could upset confidence in the steady growth business mod…
Oil Exploration
Opportunities Still Exist in Kenya’s Oil, Gas Sector
Last week Kenya announced for sale 35 oil and gas exploration blocks mostly in the natural gas prone coastal Lamu Basin. This is an indication of revived upstre…
Oil Price
Goldman Sachs ups 2022 Brent Crude Oil Spot Price Forecast to $135/bbl
Goldman Sachs Research has raised its 2022 & 2023 Brent spot price forecast to $135/bbl & $115/bbl, up from $98 and $105/bbl respectively amid geopolitical tens…
Oil & Gas Trade
Hundreds of NGOs Call for Import Ban on Russian Oil, Gas
Hundreds of civil society groups and NGOs Friday called on governments worldwide to "reject and ban any import of fossil fuels from Russia" in order to cut off …
India
Accelerated Wind Energy Development in India Could Add 31.2GW Capacity by 2026
Accelerated wind energy development scenario in India would result in the installation of almost 31.2 gigawatts of wind capacity between 2022 and 2026, with a p…
South Africa
President Ramaphosa Calls for Expansion of South Africa’s Upstream Oil and Gas Industry
The President of South Africa, H.E. Cyril Ramaphosa, announced that the government would continue to support the development of the southern African country’s …
Hydropower Plant
Invitation to Tender Issued for Coire Glas Main Construction Contracts
Six groups have been invited to submit tenders for construction of the proposed pumped hydro storage scheme at Coire Glas, on the shores of Loch Lochy near Inve…
Indonesia
Kuwait's Kufpec Discovers Gas, Condensate in Indonesia
Kufpec, the foreign upstream arm of Kuwait's state-owned KPC, today announced a gas and condensate discovery in the Anambas block in the Natuna Sea north of Ind…
Oil Exploration
Japan’s Inpex to Start Domestic Exploratory Drilling
Japanese upstream firm Inpex is planning to start exploratory drilling offshore the country's western Shimane and Yamaguchi prefectures in a search for oil and …
Electricity Transmission
Four Groups After EIS Contract for Panama’s 4th Power Transmission Line
Panamanian state power transmission company Etesa’s second call for bids to draft the environmental impact study for the country’s fourth main transmission li…
Solar Cell
Solar Batteries: How Renewable Battery Backups Work
Get the basics on how batteries store the sun's energy.
Offshore Wind Power
Mitsubishi-led Groups to Build 1.7GW Offshore in Japan
891MW Yurihonjo, 478.8MW Noshiro Mitane Oga and 390.6MW Choshi developments successful in auction
Energy Investment
Australian Resource Investment Rises in 2021
Investment in committed resource and energy projects in Australia rose in the 12 months to the end of October from a year earlier, led by increased investment i…
Hydrogen Project
Hydrogenium Resources Wants to Put up Rooftop Hydrogen Plants
Hydrogenium Resources is in talks with several rooftop solar and ‘open access’ players for possible tie-ups with them for putting up the electrolysers
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