Oil & Gas
News & Press Releases
UK power firm Drax to focus on biomass after selling gas assets
British power producer Drax plans to develop its biomass business using proceeds from the sale of its gas assets that could raise up to 193.3 million pounds ($258 million).
Drax agreed to sell four combined cycle gas turbines (CCGT) --...
News & Press Releases
Local investor begins construction of gas-fired power plant in central Romania
E-Infra group, controlled by local investors Teofil Muresan, Simion Muresan, and Marian Pantazescu, started the construction of a 13.4MW gas-fired power production facility in Campia Turzii, central Romania, Profit.ro reported.
The group will develop two units of 6.7MW and extend...
News & Press Releases
Japan to make hydrogen major power source by 2030
Japan will aim to make hydrogen a power source viable enough to produce the output of more than 30 nuclear reactors by 2030.
To achieve that goal in its bid to reduce carbon emissions Japan will have to make a...
News & Press Releases
Japan launches oil, gas policy reviews for decarbonization
Japan's Ministry of Economy, Trade and Industry on Dec. 8 launched a series of oil and gas policy reviews to help meet its 2050 carbon neutral target while ensuring stable energy supply for its oil and gas sectors.
The discussions...
News & Press Releases
Japan to introduce ammonia for thermal power, shipping fuels in late 2020s
Japan said Dec. 7 it will introduce ammonia into the fuel mix for thermal power generation as well as for shipping from the late 2020s as part of its efforts to achieve carbon neutrality in 2050.
The move will come...
News & Press Releases
Equinor, RWE join Dutch hydrogen project
German utility RWE and Norwegian oil and gas firm Equinor have joined an initial phase of a Dutch project to produce "green" hydrogen by using offshore wind power.
The NorthH2 project, launched in February by Dutch Gasunie, Groningen Seaports and...
News & Press Releases
Poland’s PKN Orlen targets 2.5-GW renewables portfolio by 2030
Polish oil refiner PKN Orlen plans to end the current decade with 2.5 GW of installed renewable energy capacity, backed by 2 GW of gas-fired sources.
The targeted renewables include 1.7 GW of offshore wind farms and about 800 MW...
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