Wind turbine maker Vestas on Monday agreed to cooperate with Japan's industry ministry to establish a nacelle assembly facility in the country by the fiscal year of 2029 and may create a full nacelle production facility a decade later, the ministry said…
Japan's top power generator JERA has begun construction of its offshore wind project in Akita, northern Japan, and is on schedule for a 2028 start-up, President Hisahide Okuda said on Wednesday.The move comes despite soaring material and construction costs…
Here are some key facts about the international oil companies operating in Venezuela. The country, which has the largest oil reserves in the world, is now in crisis following the capture of the President Nicolas Maduro.Hugo Chavez, the former president…
China received 22 shipments of liquefied natural gas (LNG) last year from two export projects in Russia sanctioned by the United States and European Union, shiptracking data showed.One shipment was from Portovaya and the rest were from the Arctic LNG 2 project…
India's Oil and Natural Gas Corp (ONGC) will pay into Russia's Sakhalin-1 oil and gas field abandonment fund in roubles, using Indian companies' frozen dividends to retain its 20% stake in the project, three sources familiar with the matter said…
Ming Yang Smart Energy has signed a Memorandum of Understanding (MoU) with Buhawind Energy Northern Luzon Corp. (BENLC) for a joint feasibility study on BENLC’s planned 2 GW offshore wind project in Ilocos Norte, Northern Luzon.Under the MoU…
LNG Canada has started production of liquefied natural gas at the second of its two processing units, known as Train 2, the company said.Both trains at the Shell-led project in Kitimat, British Columbia - each with a capacity of 6.5 million metric tons per annum - are now operational…
IX Renewables and Asia Cement Corporation (ACC) have signed a cooperation agreement for the Rui Li 1 floating offshore wind project in Tawian.Located deep waters off Hsinchu, the Rui Li 1 floating wind farm will have a planned installed capacity of 180 MW…
Egypt’s Ministry of Petroleum and Mineral Resources has informed that a new production well at the Zohr natural gas field in the Mediterranean added about 70 million cubic feet of gas per day to output, reinforcing the field’s role as a key contributor to national energy supply…
Ocean Winds, the 50-50 joint venture between Portugal’s EDP Renováveis and France’s Engie, has agreed to sell a 20.25% stake in its 500 MW Îles d’Yeu et Noirmoutier offshore wind project in France to Allianz Global Investors for $232 million…
U.S. liquefied natural gas producer NextDecade said on Thursday it had reached a positive final investment decision (FID) on the fifth liquefaction plant, known as a train, of its Rio Grande export project in Texas.Shares of the company rose over 4%in extended trading…
The Japanese government said on Friday it had designated two sites off the coast of Akita and Fukuoka prefectures as 'promising zones' for developing offshore wind farms.Japan wants to accelerate renewable energy development to reach carbon neutrality by 2050…
Japan has hired energy consultancy Wood Mackenzie to assess a proposed 800-mile Alaska gas pipeline and LNG plant in a sign it is weighing support for the $44 billion project touted by U.S. President Donald Trump, two sources with knowledge of the matter said…
Technip Energies, in consortium with JGC, has been awarded two significant Front-End Engineering Design (FEED) contracts for Inpex Abadi LNG project in the Masela Block, offshore Indonesia.The first contract is for the gas floating production…