Latest Stories
Bechtel and partners to establish unified power system for WDDM, ELNG in Egypt
Bechtel has signed an agreement with Shell on building a unified electrical power system for the West Delta Deep Marine (WDDM) natural gas-processing plant and the Egyptian LNG (ELNG) plant in Idku.
Galp agrees to sell Angolan upstream assets to Somoil for $830mn
Portugal’s Galp has arranged to sell its upstream assets in Angola to Sociedade Petrolífera Angolana (Somoil), a local company, for a total consideration of approximately $830mn.
Azerbaijan boosts gas production and exports in January
Italy signs new gas turbine contract with Azerbaijan
Fossil fuel emissions to peak by 2025 as global decarbonisation accelerates
Carbon dioxide (CO2) emissions from fossil fuels will soon reach an inflection point, according to Rystad Energy. Global CO2 emissions from all sources are on track to peak at around 39 gigatonnes per year (Gtpa) by 2025
Envision unveils world’s largest onshore wind turbine
Chinese wind turbine manufacturer Envision Energy has launched a 10MW onshore wind turbine that sets a new global record for land-based turbines, according to multiple reports.
Saudi’s ACWA Power plans 2.5 GW of wind in Azerbaijan
Saudi Arabia's ACWA Power has signed four deals to build renewable energy sources in Azerbaijan, according to a recent press release.
CIP to invest $8.6bn in Portuguese offshore wind
Copenhagen Infrastructure Partners (CIP) has announced that it will invest EUR 8bn ($8.6bn) in a large-scale wind project off Portugal named Nortada.
Equinor to continue developing oil and gas even as it expands transition investments
JERA to divest from planned Taiwan offshore wind project
Japanese power company, JERA, is selling its 44% interest in the offshore wind power project, Formosa 3, off west-central Taiwan.
Malfunction halts production at Montenegro’s Pljevlja TPP
ExxonMobil Guyana will assess potential of sites near Stabroek’s Ranger field in 2023
ExxonMobil will seek to determine the potential of sites near Ranger, an isolated oilfield discovered at the Stabroek block offshore Guyana, via this year’s drilling programme.
Dutch gas use slumps to 50-year low
KMG carries out repairs at Atyrau refinery
Oil workers’ union says Petrobras should change FPSO contract practices to boost local content
The Federation of Petroleum Workers (FUP) has criticised Brazil's Petrobras for its practices in ordering FPSOs, saying changes are needed to boost local content.
India makes first significant lithium find
India has made its first significant discovery of lithium, a crucial element for manufacturing electric vehicles. February 9, the government announced the discovery of 5.9 million tonnes of lithium in Jammu and Kashmir.
Aker BP deems new discovery uncommercial for now
Vestas unveils novel blade recycling
Vestas, the leading Danish turbine manufacturer, has introduced a new solution for circular turbine blades made of epoxy.
Siemens Gamesa to build offshore nacelle manufacturing plant in New York
Siemens Gamesa is set to build a new offshore nacelle manufacturing facility in New York state, as long as its wind turbines are chosen by the state authorities during the current third round of offshore wind solicitations.
Follow us online