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SINOPEC
China's Sinopec Raises 2021 Capital Expenditure by 23.8%
Sinopec expects to spend 66.8 billion yuan on upstream exploration focusing on shale gas development in southwest China and construction of liquefied natural ga…
Crude Oil
Start of Trading in Abu Dhabi's Murban Futures a 'New Era' for Global Oil Markets
onday start for contracts for future delivery of UAE's flagship crude listed on international commodities exchange at ADGM
Oil Pipeline
Biden Weighing New Sanctions to Block Russian Gas Pipeline
The Biden administration is weighing additional sanctions to block construction of the nearly completed Nord Stream 2 pipeline from Russia to Germany
Natural Gas
Kazakh State Energy Firm to Retain Ownership of Gas Division
KazMunayGaz is the oil-exporting nation's biggest borrower on the Eurobond market, and some analysts had expressed concerns that the government's plan to hive o…
Power Construction
TCN to Add 4,000MW to Nigerian National Grid
According to a variety of news reports, the Transmission Company of Nigeria have said that projects currently being executed by the company would boost the nati…
Power Cable
Israel, Cyprus and Greece Agree to Link Power Grids via Subsea Cable
Cyprus, Greece and Israel on Monday signed an initial agreement to build the world's longest and deepest underwater power cable that will traverse the Mediterra…
Solar Technology
New Battery Tech Could Make Solar Energy Storage Even Cheaper
US-based engineers have joined forces to develop high-voltage reference batteries for behind-the-meter energy storage applications, based on a bipolar technolog…
Nuclear Reactor
French Regulator Approves 50-Year Operation of 900 MWe Reactors
France's nuclear safety regulator, the Autorité de Sûreté Nucléaire, has set the conditions for the continued operation of EDF's 900 MWe reactors beyond 40 …
Oil Pipeline
All Parties Accelerate the East Mediterranean Gas Pipeline Project
The project is expected to cost 7 billion euros, with a natural gas transportation volume of 9-12 billion cubic meters per year.
Energy Security
Extreme Weather Conditions Harm RWE’s Renewables Electricity Generation in the US State of Texas
Operations teams focus on resuming production at RWE’s affected onshore wind turbinesRWE expects significant negative earnings impact in Onshore Wind/Solar seg…
Coal Trade
Japan Coal Imports Hit 13-Month High
Japan's coal imports hit a 13-month high last month, but although coal-to-gas switching economics should support coal consumption in the first half of 2021, ret…
Electric Vehicle Battery
SK Innovation to Build 30 GWh Battery Plant in Hungary
SK Innovation will set up an additional electric vehicle (EV) battery plant in Hungary to respond to the rapid expansion of the European EV market.
Wave Energy Converter
NREL’s Wave Energy Shape-Shifter gets Concrete Footing
Rethinking traditional wave energy converter designs, the researchers at the National Renewable Energy Laboratory have started developing the next-generation co…
Solar Power Plant
Sterling and Wilson Commissions 25 MW Solar Project in Oman
The latest addition is the Indian multinational’s second project in Oman after a 125 MWp solar plant commissioned in June last year.
Solar Technology
The Impact of Solar Spectra on PV Module Performance
Scientists in Poland have measured the effect of solar radiation spectra in variable weather conditions on the performance of different kinds of PV module techn…
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