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2023-01-01
NEOM Makes Major Progress On Green Hydrogen Production
NEOM Green Hydrogen Company’s mega-plant will integrate up to 4GW of solar and wind energy to produce up to 1.2 million tonnes of green-ammonia translating to up to 600 tonnes per day of carbon-free hydrogenProduction of green hydrogen at Saudi
Oil Price
2023-01-01
UAE petrol and Diesel Prices to Fall in January
Motorists across the Emirates will pay less at the pumpsPetrol prices in the UAE for January have been announced. Pawan Singh / The NationalThe cost of petrol across the UAE will fall in January, it has been announced.Earlier this year, prices reached the
Solar Power Plant
2022-12-31
China Starts Work On Huge $11 Billion Desert Renewables Project
China broke ground on an 80 billion yuan ($11 billion) renewables project in Inner Mongolia, part of a massive clean-power rollout to achieve the nation’s ambitious climate targets.China broke ground on an 80 billion yuan ($11 billion) renewable
Solar Power Plant
2022-12-30
Green Power Energy's 20 MW Taungdaw Gwin Build-Own-Operate Solar Plant Commissioned in Myanmar
Mandalay, Myanmar, Dec 30, 2022-Myanmar's latest solar energy plant, the 20 megawatt (MW) build-own-operate (BOO) Taungdaw Gwin project, has been officially opened, adding a new chapter to the country's sustainability and electrification e
Oil & Gas Supply
2022-12-30
Global Oil Demand Could See Surprise Surge in 2023, Says Top Hedge-Fund Trader
But electric-vehicle adoption may stand in way to full return to trend, says Pierre AndurandGlobal demand for crude oil could see a bigger surge than traders and analysts have penciled in for 2023 as China fully reopens its economy and the world puts the
Energy Storage Battery
2022-12-30
China Opens Largest Energy Storage Station
Image: ShutterstockChina has opened its largest stand-alone energy storage station in Ningxia.The 200MW capacity facility has been seen as a major step forward in China’s renewable energy infrastructure, following its connection to the grid.It w
Floating Offshore Wind
2022-12-30
Wärtsilä Hybrid Propulsion System With Methanol Engine to Power Four Sal Heavy Lift Vessels; Wind Farm Installations
The technology group Wärtsilä will supply its hybrid propulsion system for four new heavy lift vessels being built at the Wuhu Shipyard in China. The vessels have been contracted by SAL Heavy Lift GmbH, a German heavy lift and project ca
Hydropower Plant
2022-12-30
Landbank to Fund Development of 15 MW Small Hydropower Plant in Philippines
The Land Bank of the Philippines (LANDBANK) and Cabanglasan Hydropower Corporation (CHC) have signed a PHP2.6 billion (US$47.2 million) loan agreement to partially finance construction of a 15 MW small hydropower plant in the Province of Bukidnon.Under th
Nepal
2022-12-30
Nepal’s Power Sector Fears It Will Lose ‘Competitive Advantage’ Due to India’s New Policy on Hydropower Projects
The waiver is already available to solar and wind power projects. The government has set an ambitious plan to have 500 GW of generation capacity from non-fossil energy-based sources by 2030.
Solar Power Plant
2022-12-30
Mega Solar, Wind Power Project Starts Construction in North China Desert
A mega solar and wind power base kicked off construction in China’s seventh-largest desert on Wednesday.With an overall installed capacity of 16 million kW, the project is the world’s largest power generation base of its kind in desert
Wind Power Project
2022-12-30
Japan Begins Soliciting Bids for 4 Offshore Wind Power Projects
The government on Wednesday began soliciting companies to operate offshore wind power generation projects in four designated areas around the country.Several dozen companies including major power utilities, general trading houses and oil wholesalers are e
Oil & Gas Trade
2022-12-30
Aramco Refining Unit Luberef Begins Trading on Tadawul After $1.32BN IPO
Company's listing is Saudi Arabia's third-largest IPO this year after Americana and Nahdi MedicalThe Tadawul All Share Index, the Arab world's largest stock market, has bucked the global slowdown of initial public offerings this ye
Oil Price
2022-12-30
Oil Prices Drop as China’s Surging COVID-19 Cases Raise Demand Concerns
Countries are imposing travel restrictions on the world's largest crude importerPump jacks in Argentina. The outlook remains highly uncertain for oil markets, an Oanda analyst said. ReutersOil prices fell for a third straight day on Thursday as ri
Solar Power Plant
2022-12-30
Ewec raises contribution of clean energy to 60% of its power output
Emirates Water and Electricity Company, known as Ewec, has said clean energy now accounts for more than 60 per cent of the total power it generates, in line with the UAE's drive to become net zero by 2050.The milestone was achieved on December 20,
Natural Gas
2022-12-30
Oman to Set Up Integrated Company to Manage Natural Gas Assets
Move is expected to improve the Gulf country's economic indicatorsOman, the largest non-Opec producer in the Middle East, expects to post a budget deficit in 2023. CorbisOman plans to establish an integrated gas company to manage all natural gas a
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