Huawei Digital Power has signed a key contract with SEPCOIII for the Red Sea Project with 400 MW PV plus 1300 MWh battery energy storage solution (BESS), which is currently the world’s largest energy storage project. The contract was announced at the Global Digital Power Summit 2021 in Dubai, UAE. …

Adipec, the world’s most influential live and in-person meeting place for energy companies and professionals, will discuss in detail how hydrogen can potentially deliver a holistic, clean, integrated approach to region’s energy sector. Taking place immediately after the UN climate meeting COP 26, Adipec will bring together hundreds of ministers, …

Iran welcomes negotiations that have tangible, practical results, the Iranian Minister said, adding that Tehran will return to its commitments if other JCPOA members fufilll their obligations. A telephone conversation was held between the Iranian Minister of Foreign Affairs Hossein Amir-Abdollahian and the UN Secretary-General António Guterres on Monda night. …

Coal futures in China surged to another record to put a previously unthinkable level of 2,000 yuan (S$420) a tonne in sight, as a cold blast adds to the country’s energy crisis. Cool weather has descended on eastern China, sparking an early start to the winter heating season in some …

Eni has launched the production of alternative sustainable aviation fuel (SAF) that aims to significantly contribute to the decarbonisation of aviation in the short to medium term. Eni SAFs are produced exclusively from waste and residues, in line with the company’s strategic decision not to use palm oil from 2023. …

OPEC and its allies once again failed to pump enough oil to meet their output targets, exacerbating the supply deficit as the world recovers from the coronavirus pandemic. OPEC+ cut its production 15 per cent deeper than planned in September, compared with 16 per cent in August and 9 per …

Oil prices hit their highest in years on Monday as demand continues its recovery from the Covid-19 pandemic, boosted by more custom from power generators turning away from expensive gas and coal to fuel oil and diesel. Brent crude oil futures rose 87c, or 1%, to $85.73 a barrel by …

Remote, quiet but energy-rich: the coastal area of Lubmin in north Germany hosts the world’s most controversial gas pipeline. Nord Stream 2 stretches for 1,200 kilometres from Vyborg in Russia through the Baltic Sea to Lubmin in Germany, bypassing Ukraine and Poland. The gas pipeline is finished, but it is …

U.S. refiners are expected to show higher earnings for the third quarter as margins to sell gasoline and diesel have improved despite the surging cost of crude oil, analysts said. After more than a year of depressed fuel demand, gasoline and distillate consumption is back in line with five-year averages …

The EU’s jobs and social rights commissioner has warned of rising energy poverty in Europe as prices climb. Nicolas Schmit told dpa there are millions already who suffer from energy poverty in the bloc, and said the number could keep growing. The EU Commission could help EU countries limit the …