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Asia
Offshore Wind Power
2024-10-16
Emirati Vessel Provider Wins Contract in European Offshore Wind Sector
Gulf Marine Services (GMS), a UAE-based provider of self-propelled and self-elevating support vessels for the offshore energy sector, has raised its backlog to $505 million thanks to a new contract in Europe and the extension of two existing ones in the M
Nepal
2024-10-16
Nepal, Bhutan Seek Indian Investment for Hydro Power Projects
Nepal and Bhutan are seeking Indian investment to boost their hydroelectric output and export surplus power to New Delhi, officials from the two countries said on Tuesday at an industry event.India, which aims for net zero emissions by 2070, is looking fo
LNG
2024-10-16
Sinopec Says East China Shale Oil Field Pumping at 1,600 Tons a Day
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British ColumbiaSinopec (600028.SS), is advancing development of shale oil at its pilot project Jiyang in east China, pump
China
2024-10-15
CNOOC Sees Record Oil and Gas Output From Independent Field
China National Offshore Oil Corporation (CNOOC) has revealed a record cumulative production of nine billion cubic metres (bcm) of natural gas and more than 900,000m³ of crude oil from the Deep Sea #1 field.Production from the field is set to rise
CCS
2024-10-15
Japanese Companies Team up for Carbon Capture Project in Hokkaido
Japan Petroleum Exploration Co (1662.T), Idemitsu Kosan Co (5019.T), and Hokkaido Electric Power Co (9509.T),said on Tuesday they have teamed up to develop a carbon capture and storage (CCS) facility in northern Japan.CCS is part of Japan's goal t
Wave Energy
2024-10-15
Ocean Power Technologies Shakes Hands With Kuwaiti Firm to Explore Offshore Energy Projects
The agreement paves the way for the deployment of OPT’s wave adaptive modular vessels (WAM-Vs), unmanned surface vehicles (USVs), as well as next-generation PowerBuoys (PBs) equipped with AI-driven Merrows.As we continue our growth, we are excit
LNG
2024-10-15
HMM’s LNG-Ready 13K Teu Boxship Fleet Is Almost Complete
HMM Opal was built by Hanwha Ocean in South Korea and will sail on the PSX (Pacific South Express) route, connecting major ports in Korea and Shanghai to Los Angeles and more, HMM said.The ship is part of the twelve-strong LNG-ready 13,000 TEU containersh
Japan
2024-10-15
North Star Wins First CSOV Deal
North Star has secured its first contract for a commissioning service operation vessel (CSOV)This award for the newbuild VARD 4 22 design Grampian Kestrel CSOV (pictured), will precede the decade-long minimum charter contract the firm signed in February t
Oil & Gas Trade
2024-10-15
OPEC Trims Its China Crude Demand Forecast, but Nowhere Near Enough: Russell
An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022OPEC cut its estimate for China's crude oil demand growth in 2024 for a third straight mont
LNG
2024-10-14
TotalEnergies Contracts Fourth LNG Refueling Ship
TotalEnergies SE has expanded its liquefied natural gas (LNG) bunkering fleet to four vessels with a charter agreement with Spanish shipping company Ibaizabal Group.The French energy major plans to deploy the vessel in Oman, where it has a bunkering-focus
Offshore Wind Power
2024-10-14
World’s First 26 MW Offshore Wind Turbine Rolls off Production Line
A 26 MW offshore wind turbine has been rolled off the production line by China’s Dongfang Electric Corporation (DEC) in Fuzhou, Fujian Province.The company said the offshore wind turbine is tailored for areas with wind speeds of 8 m/s and above
Malaysia
2024-10-14
Sabah Sells Sixth Crude Oil Cargo, Secures RM100 Million Revenue
The CCA gives the state greater revenue sharing, greater say and greater participation in the oil and gas value chain in Sabah.Sabah has sold its sixth crude oil cargo from Labuan Crude Oil Terminal (LCOT) with an estimated sales revenue of more than RM10
Battery
2024-10-14
Solax to Invest USD 1.5bn in Battery, Smart Energy Production in China
SolaX Power (SHA:688717) plans to invest USD 1.498 billion (EUR 1.351bn) to build a research and manufacturing facility in the eastern Chinese province of Zhejiang which will be dedicated to utility energy storage and smart energy systems integrating sola
Offshore Wind Power
2024-10-14
China’s Sany Erects 15-Mw Onshore Wind Turbine Prototype
Sany says its 15-MW onshore wind turbine prototype can power 160,000 homes for a yearSany Renewable Energy Co Ltd this week said it has installed its self-developed 15-MW onshore wind turbine, the SI-270150, in Tongyu, Jilin Province, in northeastern Chin
Electric Vehicles
2024-10-14
Hyundai India Starts $3.3 Billion IPO in Country’s Largest Ever Share Sale
Hyundai India will start taking orders for its $3.3 billion initial public offering in Mumbai on Monday, the company said in regulatory filings, a deal that will be the country's largest ever share offering and world's second biggest IPO i
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TSEA Energy to invest $25m in North Carolina facility to boost US grid manufacturing
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Patel Engineering wins Rs 230.7 crore Bhutan hydro project package
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U.S. Seeks Critical Mineral Battery Projects To Invest $500 Million
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Aukera Secures €48.5 Million IFC Financing for Romania Battery Storage Project