Latest Stories

Global investors turn to green energy and away from fossil fuels

21 July 2021

The world’s largest global debt and equity investors are continuing to invest in renewable energy despite the pandemic, driven by the wealth of investment opportunities, the Institute for Energy Economics and Financial Analysis (IEEFA) said.

Japan raises 2030 green power targets

21 July 2021

Japan is to increase its 2030 target for renewables’ share of power generation to 36-38%, up from the current 22-24%, as it looks for ways to meet its 2030 Paris climate targets.

South Korea faces power cuts as demand rises

21 July 2021

South Korea’s power networks are in danger of failing to meet demand during the present hot weather, with the difference between supply margin falling to a low of 10% this week.

Iberdrola moves into Vietnam with acquisition of Sowitec Vietnam

21 July 2021

Iberdrola has acquired Asian green developer Sowitec Vietnam in a move that gives it access to a 550-MW renewables pipeline, including a floating solar project and five onshore wind farms.

Cheniere’s expansion plan boosted by Tourmaline deal

21 July 2021

Cheniere Energy’s supply deal with Tourmaline Oil takes the LNG producer a step closer to sanctioning its Corpus Christi Stage III expansion project.

Wind, solar to account for 7% of electricity in Pakistan

21 July 2021

Renewables will soon account for 7% of Pakistan’s power output, with 2,000 MW of green capacity currently operating in the country.

US and Germany strike deal on Nord Stream 2 pipeline

21 July 2021

Dismay in Ukraine as agreement allows controversial gas pipeline to be completed without further US sanctions.

APGC calls on NNPC to supply gas to Nigerian gencos

21 July 2021

The Association of Power Generation Companies (APGC), a Nigerian industry association, has urged NNPC to assume responsibility for supplying fuel to natural-gas fired thermal power plants (TPPs).

Waltersmith still aiming to establish industrial park near modular refinery

21 July 2021

Nigeria’s Waltersmith Petroman Oil Ltd has reiterated its commitment to establishing an industrial park adjacent to its modular refinery, which is near the Ibigwe oilfield in Imo State.

ANPG prepares to review bids for nine onshore blocks

21 July 2021

Angola’s National Oil, Gas and Biofuels Agency (ANPG) is ready to begin reviewing all the bids it has received in this year’s onshore licensing round, which covers nine onshore blocks in the Lower Congo and Kwanza basins.

Woodside set to launch development drilling programme at Sangomar

21 July 2021

Australia’s Woodside Energy is preparing to begin development drilling at Sangomar, an oil-bearing block located offshore Senegal.

Tullow reports on progress of Ghana drilling programme

21 July 2021

Tullow Oil (UK/Ireland) reported last week that its drilling programme in Ghana’s offshore zone was moving forward as planned.

Reports indicate Iran’s drought protests threaten to escalate to Tehran

21 July 2021

Police officer shot dead in Khuzestan. Military starts shipping water tankers to the province as unrest continues for sixth night.

URC carries out trial shipment of fuel across Lake Victoria

21 July 2021

Uganda Railways Corp. (URC) completed a trial shipment of petroleum products via Lake Victoria last week, marking the first use of the route in 16 years.

ASIAELEC: Siemens Gamesa clinches 322-MW Indian turbine deal

21 July 2021

Siemens Gamesa has won a 322-MW turbine supply deal from India’s ReNew Power for the Tondehal wind farm in the southern state of Karnataka.

AFRELEC: Hwange expansion makes solid progress

21 July 2021

Zimbabwe’s Chinese-funded $1.5bn expansion to the Hwange coal-fired power station is now 68% complete, despite delays caused by the COVID-19 pandemic.