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Iran Turns Down Russia’s Mediation Offer With US

Iran Turns Down Russia’s Mediation Offer With US

Iran has turned down an offer from Russia to mediate between Tehran and Washington, ruling out the possibility of negotiations with the US administration

UAE Exceeds Opec+ Quota in August

UAE Exceeds Opec+ Quota in August

The UAE has produced 103,000 b/d above its Opec+ quota in August because of domestic power demand, but will compensate by lowering output in October, energy minister Suhail al-Mazrouei said today

Lockdown Makes Britain’s Grid System Cleaner, Cheaper

Lockdown Makes Britain’s Grid System Cleaner, Cheaper

The COVID-19-related lockdowns has made Britain’s electricity system cleaner and cheaper, but harder to control, according to the latest Drax Electric Insights report on Monday

South Korea Among Top Nuclear Power Producers: EIA

South Korea Among Top Nuclear Power Producers: EIA

South Korea’s nuclear fleet generated 139 terawatt-hours (TWh) of electricity in 2019, making the country the fifth-largest nuclear power producer in the world, the US Energy Information Administration (EIA) said in a statement Thursday

US Jet Fuel Demand Falls by 29% in Jan-May 2020

US Jet Fuel Demand Falls by 29% in Jan-May 2020

Total US jet fuel consumption of commercial passenger flights was lower by an average of 29% during the first five months of 2020 relative to the same time last year, the country's Energy Information Administration (EIA) said in a statement Thursday citing data from aviation company Cirium

Global Green Hydrogen Project Pipeline Reaches 50 GW

Global Green Hydrogen Project Pipeline Reaches 50 GW

The Institute for Energy Economics and Financial Analysis (IEEFA) estimates there are 50 green hydrogen projects under development worldwide. Those projects, have a planned annual production capacity of 4 million tons of hydrogen and a total renewable power capacity of 50 GW, according to the Ohio-based thinktank, with their combined capital cost estimated at $75 billion

Karish Development: First Topsides Lift in Singapore and Installation of the Energean Power FPSO Suction Anchors at the Karish Field Completed

Karish Development: First Topsides Lift in Singapore and Installation of the Energean Power FPSO Suction Anchors at the Karish Field Completed    

Energean plc the gas producer focused on the Mediterranean, is pleased to announce two important developments in the Karish Development Project. In Singapore, the first topsides module lift on to the Energean Power FPSO hull has been safely and successfully completed at Sembcorp Marine’s Admiralty Yard, Singapore.