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Crude Oil
2023-05-29
Asia’s Crude Imports Jump in May as China, India Suck up Russian Oil: Russell
LAUNCESTON, Australia, May 29 (Reuters) - Asia's imports of crude oil are on track for a strong rebound in May as the region's two biggest buyers, China and India, suck up Russian cargoes.A total of 27.73 million barrels per day (bpd) of c
Oil & Gas Trade
2023-05-29
Saudi Arabia Imports Russian Oil, Sends Its Own Supplies to EU
A report by Bloomberg shows that Saudi Arabia has become Europe's largest oil supplier as Riyadh buys record amounts of Russian crude oil for domestic use.Saudi Arabia has become Europe's largest supplier of crude oil as the country sells
Electric Vehicle Battery
2023-05-29
IFC’s Green Investment in Poland to Boost Manufacturing in the Electromobility Value Chain and Reduce Ghg Emissions
To help build a robust electric vehicle (EV) value chain in Europe while generating hundreds of jobs in Poland, IFC is partnering with SK Hi-Tech Battery Materials Poland sp. z o.o. (SK Poland), a leading player in the global EV value chain and a subsidia
Hydropower Plant
2023-05-29
France’s Totalenergies and EDF to Help Build $4.5BN Hydroelectric Dam in Mozambique
The latest project comes as investment in clean energy continues to climb amid green transition strategiesA TotalEnergies sign in Paris. The company is part of a consortium that will build the 1,500-megawatt Mphanda Nkuwa dam on the Zambezi river. Reuters
Nuclear Technology
2023-05-29
Contract Signed for Russian Multifunctional Nuclear Service Vessel
The aim is for the vessel to be ready in 2029 (Image: Rosatom)The multifunctional vessel is also designed to safely accept, store and ship "liquid radioactive waste generated during the operation of ship reactor installations, as well as in the proce
Nuclear Power Plant (NPP)
2023-05-29
Westinghouse, Bechtel and PEJ Push Ahead on Poland AP1000
Seated (from left): Patrick Fragman, Łukasz Młynarkiewicz, Craig Albert; standing (from left): Mark Brzezinski, Anna Moskwa, Poland Minister of Climate and Environment and Mateusz Berger, Government Plenipotentiary for Strategic Energy Infrastructure (Ima
Carbon Emissions
2023-05-29
€7M German Project to Develop Processes and Demand Scenarios for the Mass Production of Synthetic Fuels; “Refineries for Future”
Synthetic fuels from renewable energy sources will be needed to reach the climate goals in the full transport sector. So-called refuels promise to reduce CO2 emissions by 90% compared to conventional fuels. To cover future needs of heavy-duty vehicles, ai
Natural Gas
2023-05-29
Falling Gas Prices Calm Europe After Energy Crisis
Benchmark Dutch futures drop for eight straight weeks to the lowest since May 2021European gas prices could fall even further, below €20 a megawatt hour, if Chinese LNG imports prove weak, according to analysts. BloombergEuropean gas prices have
Green Hydrogen
2023-05-29
EEX Publishes Hydrix, the First Market-Based Hydrogen Index for Transparency
EEX will present the initiative at the E-world trade fair in Essen.European Energy Exchange (EEX), continental Europe’s leading electric power and natural gas exchange, has launched HYDRIX, the first market-based green hydrogen Index in the worl
Green Hydrogen
2023-05-29
Green Hydrogen Plants Next to Green Steelworks Could Boost Efficiency and Kickstart Both Industries
Making iron and steel is enormously energy intensive. Credit: ShutterstockThe race to net zero is accelerating. Just last week, United States President Joe Biden and Australian Prime Minister Anthony Albanese unveiled a climate pact to boost cooperation.
Offshore Substation
2023-05-29
First American-Built Offshore Substation Sails Away
Ørsted and Eversource have marked the sail away of the first American-built offshore wind substation, which departed a Texas fabrication facility and is en route to the US East Coast.The substation is transiting across the Gulf of Mexico and th
Floating Offshore Wind
2023-05-29
Ocean Winds Increases Stake in Floating Offshore Wind Specialist
EDP has transferred its 25.4 per cent stake in floating offshore wind platform company Principle Power to Ocean Winds, a 50:50 joint venture between EDP Renewables and Engie.Principle PowerWith this transaction and adding to its previous ownership, Ocean
Offshore Wind Power
2023-05-29
Ocean Ventus Launches Emissions-Cutting Floating Wind Foundations Solution
Norwegian company Ocean Ventus has launched a complete end-to-end solution for floating wind and is exploring the potential for a large-scale production facility in Norway.The company says that its end-to-end solution can bring down the cost of floating w
Offshore Wind Power
2023-05-29
Ørsted Awards Greater Changhua 2B & 4 Subsea Cable Contract
The contract announcement follows Ørsted’s final investment decision, taken in March 2023. The wind farms are now under construction and are set to be some of the largest offshore wind projects in Asia Pacific.The Greater Changhua 2b
Offshore Wind Power
2023-05-29
Vineyard Wind Receives First Shipment of Turbine Components
Vineyard Wind, a joint venture between Copenhagen Infrastructure Partners (CIP) and AVANGRID, has received the first shipment of turbine components for GE’s Haliade-X 13 MW turbine at the New Bedford Marine Commerce Terminal in Massachusetts, US
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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
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Indian renewable power firm Clean Max raises about $575 million
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Serbia Launches Carbon Credit Trading Platform in Response to EU CBAM Mechanism
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Scottish Carbon Removers Secures £1 Million Investment to Expand Modular Carbon Capture Technology Applications
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Changes in Senior Management of SPIC Finance Holding Co., Ltd.
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Norway’s First Floating Wind Tender Attracts Two Bids