Latest Stories
Daqing Oilfield’s Q1 production beats target
State-owned China National Petroleum Corp. (CNPC) has announced that subsidiary Daqing Oilfield’s first-quarter oil and gas production exceeded its targets.
Shell awards Malaysian drilling contract to Maersk
Royal Dutch Shell has awarded a contract to Maersk Drilling to drill four development wells at the Gumusut-Kakap project offshore Malaysia.
Russia gets ready for green power and problems from costing carbon
A string of massive environmental disasters in 2020 and the increasing awareness that Russia’s permafrost is melting have put the climate crisis on Russia’s table and the Kremlin is responding.
India, Saudi oil price spat deepens
India’s spat with Saudi Arabia over oil prices is showing little sign of slowing down, despite the kingdom’s recent support for an easing of OPEC+ production curbs.
ANH gives provisional approval to Platero fracking project
Colombia has taken another step towards the development of its unconventional hydrocarbon resources, via the government’s decision to grant provisional approval to the Platero investigative project.
Petrobras strikes deal with BP on transfer of stakes in six Foz do Amazonas blocks
Brazil’s national oil company (NOC) Petrobras has arranged to take control of six offshore blocks in the Foz do Amazonas basin from a subsidiary of BP (UK).
Kazakhstan’s oil output exceeds OPEC+ quota in March
Russia, Uzbekistan to allocate $618mn syndicated loan to modernise Uzbek gas transportation system
Pashinian raises Armenian POWs, nuclear plant proposal and need for vaccines in Putin meeting
Mozambique LNG’s fate in doubt
Although military forces have offered reassurances, Total has evacuated all its workers from the Mozambique LNG construction site on the Afungi Peninsula.
1.5-MW Latvian solar energy park opens in Lithuania
BP set to resume buybacks after clearing debt target
Tailwind snaps up fellow UK junior Decipher
Ørsted sells 50% of Borssele 1 & 2 to Norges Bank Investment Management
Ørsted has signed an agreement with Norges Bank Investment Management (NBIM) to sell 50% of Ørsted's 752-MW Borssele 1 & 2 offshore wind farm.
New green additions rise by nearly 50% in 2020
261 GW of new renewable power generating capacity was added globally in 2020, beating the previous record annual increase by almost 50%.
UAE’s Masdar to expand Uzbek wind farm
UAE-based Abu Dhabi Future Energy Company (Masdar) has signed an implementation agreement with the Uzbek government to extend the capacity of its 500-MW wind farm to 1.5 GW.
Orsted plans large-scale renewable hydrogen plants powered by offshore wind
Denmark’s Orsted has detailed plans to develop a 1-GW electrolyser plant powered by offshore wind as part of its SeaH2Land industrial green hydrogen project on the Dutch-Belgian border.
India’s Azure Power sells solar rooftop portfolio to Radiance Renewables
India’s Azure Power is to sell its non-core solar rooftop portfolio to renewable energy supplier Radiance Renewables in a deal worth IN$5.4bn ($73.5mn)
Siemens Gamesa to supply 100 turbines to UKs Sofia offshore project
Siemens Gamesa Renewable Energy (SGRE) has been contracted by German energy company RWE to provide 100 turbines for the 1.4-GW Sofia offshore wind power project located off the UK’s north-east coast on Dogger Bank in the North Sea.
India's Borosil to double solar glass production to 900 tonnes per day
Mumbai-based solar panel glass manufacturer Borosil Renewables says it plans to invest INR5bn ($68.2mn) to double production to 900 tonnes per day.
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