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Electricity Trade
2024-07-16
J-Power’s $258 Mln Bid for Genex Power Passes on Proxy Votes, Genex Says
Japan's Electric Power Development's (J-Power) (9513.T), opens new tab A$381 million ($257.56 million) buyout of Australia's Genex Power (GNX.AX), opens new tab has been approved on proxy votes, according to a Genex announcement on
Renewable Energy
2024-07-16
China Three Gorges to Build 16 GW Renewables Cluster in Inner Mongolia
China Three Gorges Renewables, a unit of state-owned China Three Gorges Corp., has announced plans to build a giant renewable energy cluster in the Kubuqi Desert, Ordos, Inner Mongolia.The National Development and Reform Commission (NDRC) and the National
Uranium Project
2024-07-16
Construction Begins on China’s Largest Uranium Mining Project
The project in Ordos in the Inner Mongolia Autonomous Region is being developed by China National Nuclear Corporation, with work beginning on Friday, according to the China Atomic Energy Authority (CAEA).(Image: CNEA/CNNC)CAEA said the National Uranium No
Geothermal Drilling
2024-07-16
Geothermal Drilling Planned in çEsme, Türkiye
Cesme district, Izmir, Turkiye (source: Cesme Municipality)The Izmir Governorship Investment Monitoring and Coordination Presidency has announced plans for geothermal drilling in the Çesme district of Izmir, Türkiye. If geothermal flui
Oil&Gas Drilling
2024-07-16
China’s CNOOC Reports Major Oil and Gas Breakthrough in Bohai Bay
The logo of China National Offshore Oil Corporation (CNOOC) is seen at its booth during the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 1, 2022. REUTERS/Florence Lo/File Photo Purchase Licensing Rights, opens new ta
Oil & Gas Trade
2024-07-16
India Raises Windfall Tax on Petroleum Crude
File photo: Storage tanks of an oil refinery of Essar Oil, which runs India's second biggest private sector refinery, are pictured in Vadinar in the western state of Gujarat, India, October 4, 2016. REUTERS/Amit Dave/File photo Purchase Licensing
Hydropower Plant
2024-07-15
World Bank Boosts Support for Kambarata-1 Hydropower Project
The World Bank’s Board of Executive Directors has approved an additional $13.6 million in financing for the Kambarata-1 hydropower project in the Kyrgyz Republic. This funding supplements the existing $5 million Technical Assistance for the proj
Hydrogen Project
2024-07-15
ViệT Nam, France Eye High Cooperation Prospects in Hydrogen Development
Research and Development division in HDF Energy. — VNA/VNS PhotoHydrogen de France (HDF Energy), a French energy company that has been present in Việt Nam since 2022, has inaugurated its first fuel cell factory in Bordeaux of France, which is expected to
Oil & Gas Trade
2024-07-15
ADNOC Gas Awards $550 Million Contracts to Expand UAE Gas Infrastructure
Approximately 70% of contract value to flow back into the UAE economy through ADNOC’s In-Country Value programme.Image Credit: ADNOC GasUAE’s ADNOC Gas plc announced Monday that it has awarded engineering, procurement and construction
Oil & Gas Trade
2024-07-15
Indian State Refiners in Talks for Long-Term Oil Import Deal with Russia, Govt Source Says
A worker rides a bicycle at the Bharat Petroleum Corporation Ltd. refinery in Mumbai April 24, 2008. REUTERS/Punit Paranjpe/File Photo Purchase Licensing RightIndia's state-run refiners are jointly negotiating a long-term oil import deal with Russ
LNG
2024-07-15
Japan Builds Gas Markets in Asia to Boost LNG Trading, Energy Security
A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. REUTERS/Issei Kato/File Photo Purchase Licensing RightsJapanese companies foreseeing a growing surplus in stocks of liquefied
Oil Field
2024-07-15
Kuwait Announces ‘Giant’ Oil Discovery
Kuwait Petroleum Corporation (KPC) said on Sunday it had made a "giant" oil discovery in the Al-Nokhatha field east of the Kuwaiti island of Failaka, with oil reserves estimated at 3.2 billion barrels.KPC's CEO Sheikh Nawaf Saud Nasir Al
Photovoltaic (PV)
2024-07-15
India’s Photovoltaic (PV) Capacity Reaches 85.4 GW
India’s installed PV capacity has increased to 85.4 GW, according to recent data from the Ministry of New and Renewable Energy.This marks a significant increase from the 73.3 GW recorded at the end of 2023, underscoring the country’s p
Ammonia
2024-07-13
UAE Player Wins h2global Pilot Auction for ‘Significant’ Renewable Ammonia Supply to Europe
Abu Dhabi-based Fertiglobe, a strategic partnership between ADNOC and OCI Global, has emerged as the winning bidder of the first H2Global pilot auction for renewable ammonia, funded by the German Federal Ministry for Economic Affairs and Climate Action (B
Nuclear Power Plant (NPP)
2024-07-13
L&T Flags off Second Steam Generator for New Kaiga Units
Indian engineering company Larsen & Toubro (L&T) has shipped the second steam generator destined for the units 5 and 6 of the Kaiga nuclear power plant in Karnataka State.The steam generator prepares to leave the factory (Image: L&T)A "fl
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