A research centre to support China's push for nuclear fusion power has been approved. It will be able to test large superconducting magnets and filters under operational conditions. The Institute of Plasma Physics of the Chinese Academy of Sciences said that having an integrated research facility for key systems of fusion reactors is "one of the major scientific engineering projects" in the Thirteenth Five-Year Plan.

China has begun construction of the main structure of the 2.24-GW hydropower station on the Jinsha River, the upper section of the Yangtze River. The project is undertaken by China Huadian Corp., with a total investment of about 33.4 billion yuan (about 5 billion US dollars).

«Огромный потенциал сосредоточен в сегменте производства СПГ. Если сегодня доля СПГ составляет в мировой торговле 35%, к 2035 году она будет выше 50% и достигнет 70% к 2040 году.»

Россия стабильно экспортирует в Киргизию нефть и нефтепродукты в объемах, превышающих 1,1 млн тонн в год. По словам Президента России, прямой экономический эффект этих льготных беспошлинных поставок для киргизской экономики достигает порядка $2 млрд.

The new facility will be used for large scale fabrication of offshore platforms and onshore/offshore modules.

EnBW on Thursday unveiled a 12-billion euro ($13.5 billion) investment plan and said it was close to acquiring French renewable group Valeco, as the German utility continues its strategy of moving away from fossil fuels.

Aramco’s gas expansion strategy needs $150 billion of investment over the next decade as the company plans to increase output and later become a gas exporter, Nasser had said in November.

The Dubai Electricity and Water Authority (DEWA) and a consortium led by Saudi Arabia’s ACWA Power and the Chinese-government owned Silk Road Fund have completed financing of the 950 MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, it was announced on Sunday.

Tanzania plans to negotiate terms for developing a $30 billion liquefied natural gas project with companies between April and September, the Energy Ministry said.

Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohamed bin Zayed Al Nahyan and Chancellor of Austria Sebastian Kurz attended the signing ceremony of Memorandum of Understanding (MoU) between Abu Dhabi National Oil Company (ADNOC) and OMV and Borealis to explore new opportunities for collaboration in the downstream sector.

Italy’s Terna said on Thursday it would spend a record 6.2 billion euros ($7.1 billion) on its power grid to deal with the shift towards the production of more renewable energy.

The US Department of Energy (DOE) has finalised further federal loan guarantees of USD3.7 billion for the continued construction of Vogtle units 3 and 4, Energy Secretary Rick Perry announced today during a visit to the construction site near Waynesboro, Georgia.

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

Qatar will launch an energy-focused Islamic lender later this year with a targeted capital of $10 billion to finance both domestic and global projects, an executive said

Saudi Arabia said on Tuesday it would spend 86 billion riyals ($23 billion) to boost the quality of life in the capital Riyadh, increasing green space and recreational areas and installing 1,000 works of art across the city.