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Oil & Gas Trade

Why Russia Finally Accepted Deeper Oil Output Cuts

When Russia refused two months ago to join the deeper OPEC oil cuts, it was because Moscow found them unnecessary. Two months later, Russia agreed to cut quite …

Coal Mine

Aussie Bank Westpac to Gradually Shift Away from Coal Financing by 2030

Australia’s Westpac Banking Corp plans to promote the transition to climate-friendly solutions and reduce support to thermal coal projects to bring its financi…

Geothermal Power Plant

Italian Geothermal Sector Constrained by Incentive Impasse

​This renewable energy has substantial potential in the country but is stuck due to a lack of incentives.

Invited For Development And Construction

Tender Are Invited For Development And Construction And Re Correction And Improvement Power Distribution Networks At Tehranpars Power Area

Oil & Gas Trade

Saudi Arabia's Oil Exports to Drop in May as Demand Slides

Saudi oil exports are expected to fall to about 6 million barrels a day in May, the lowest in nearly a decade.

Market Analysis

Uzbekistan Publishes Radical New Ten-Year Strategy for Power Sector

The Ministry of Energy of Uzbekistan has published a 'Concept Note', outlining its strategy for the provision of electricity in the Republic of Uzbekistan betwe…

Wind Power Project

MIGA Backs Djibouti's First Utility-Scale Wind Project

The multilateral investment guarantee agency, a member of the world bank group, has issued guarantees to support djibouti's first utility-scale wind power proje…

Solar Power Panel

Malaysia's TNB Partners with Envision to Digitialise Solar Operations

Malaysian utility Tenaga Nasional Berhad has announced the planned deployment of big data analytics applications for its large-scale solar facility in Sepang.

Solar Power for Home

ENGIE Signs 15-Year PPA with Energiekontor in Germany

ENGIE, a French utility, has signed a 15-year power purchase agreement with Energiekontor, a German developer of solar and wind projects.

Wave Energy

SINN Power Develops Floating Ocean Hybrid Platform

​SINN Power has developed a floating ocean hybrid platform it says can be used “as a complete off-grid energy solution,” generating renewable energy from wav…

Oil Price

Russia’s Gazprom Neft Sees Oil Prices Topping $30 This Summer

​Oil prices will top $30 a barrel this summer as demand will start to recover slowly, Alexander Dyukov, chief executive at Russian oil producer Gazprom Neft, t…

Energy Storage Project

SCE Signs Contracts for 770MW of Energy Storage Capacity

​US-based utility company Southern California Edison (SCE) has signed seven contracts for 770MW of battery-based energy storage capacity to strengthen Californ…

Local Company Seeking Permit for Geothermal Project at Noville, Lake Geneva, Switzerland

​Reported locally before the weekend, company Petrosvibri wishes to develop a deep geothermal energy project under Lake Geneva in Noville (VD), Switzerland. Th…

Hydrogen Fuel Cell Vehicle

India Investigating Hydrogen-Powered Vehicles in a Bid to Decarbonise Mobility

​In a first-of-its-kind project in India, the country’s largest power utility NTPC is inviting global Expressions of Interest to develop hydrogen fuel cell el…

Solar Power Plant

Lightsource BP Sets live Kansas’ Largest Solar Plant

​Lightsource BP and US utility Sunflower Electric Power Corporation have announced the commercial operation of the largest solar energy plant in Kansas.