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Hydrogen Fuel Cell Vehicle
India Investigating Hydrogen-Powered Vehicles in a Bid to Decarbonise Mobility
In a first-of-its-kind project in India, the country’s largest power utility NTPC is inviting global Expressions of Interest to develop hydrogen fuel cell el…
CCGT
Vietnam Adds 2.7-3GW Gas-Fired Projects to National Planning
Their first phases are set to be commissioned in 2025-26.
Market Analysis
Worldwide Lockdowns to Reduce Nuclear Power Output by 3 Per Cent in 2020
Global nuclear power generation will decline by 3 per cent from 2019 levels in 2020 due to the lockdowns imposed in the wake of the Covid-19 spread, according…
Gas power plant
OPG’s Atura Power to acquire three natural gas-fired plants
The acquisition is valued at approximately C$2.8bn ($2bn) and dependent on customary closing adjustments.
Energy Storage Battery
SK Innovation to Additionally Invest US$727 Mil. to Build 2nd EV Battery Plant in U.S.
SK Innovation has decided to invest US$727 million to build a second electric vehicle (EV) battery plant in Georgia, the United States.
Coal Production
Coal Generation in Australia's NEM Fell by 1.11GW in Q1
A surge in power outages in February and March in New South Wales drove the decline.
Crude Oil
Russian Oil Production Set For First Annual Drop Since 2008
Due to the OPEC+ production cut deal, Russia’s oil production could decline by 15 percent annually in 2020, Russian Energy Minister Alexander Novak told news a…
Hydrogen Fuel Cell
Arcola and Optare Launch New Hydrogen Fuel Cell Bus for the UK and Beyond
Arcola Energy and bus manufacturer Optare Group have today launched a hydrogen fuel cell double deck bus product for the UK and international markets.
Oil & Gas Trade
Iran's Petrochem Revenues to Drop by 30 Pct over COVID-19
Iran's revenues from exports of petrochemical products will decrease by nearly one third as the novel coronavirus pandemic has posed an adverse effect on the in…
Market Analysis
China to Cut New Energy Vehicle Subsidies by 10% This Year
China will cut subsidies on new energy vehicles (NEV) such as electric cars by 10% this year, the finance ministry said on Thursday, following a decision last m…
MHPS Changing Name To Mitsubishi Power
Mitsubishi Hitachi Power Systems (MHPS) announced that it is changing the corporate name to Mitsubishi Power.
Gas Turbine
Côte d’Ivoire’s Azito Power Plant Expansion Attracts MIGA Guarantees
Building on nearly two decades of World Bank Group support for Côte d’Ivoire’s energy sector, MIGA has issued guarantees for the Phase 4 expansion of the A…
Oil&Gas Drilling
Putin: OPEC+ Deal Should be Complied with by all Participants
The deal stipulates the oil production cut by 9.7 mln barrels per day in total in May-June 2020, by 7.7 mln barrels per day in July-December 2020 within the all…
Crude Oil
U.S. Crude Oil Production Decreases Last Week: EIA
U.S. crude oil production decreased during the week ending April 17, the U.S. Energy Information Administration (EIA) said Wednesday.
Thermal Coal
Sweden Exits Coal Two Years Early
The Nordic nation is now the third European country to have waved goodbye to coal for power generation. Another 11 European states have made plans to follow sui…
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