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Carbon Emissions
China’s Cosco Shipping, Fortescue to Build Green Fuel Supply Chain
China's COSCO Shipping Corporation has signed a preliminary agreement with Australia's Fortescue (FMG.AX), opens new tab to jointly build a green fuel s…
Renewable Energy
Spain Greenlights Almost 300 Renewable Power Projects With $18-Billion Investment
The Spanish government has authorised the construction of almost 300 renewable power projects with a total capacity of more than 28 gigawatts, which will help t…
Oil & Gas Trade
Totalenergies Says Will Quit South African Offshore Gas Block
French oil major TotalEnergies (TTEF.PA), opens new tab said on Monday it would withdraw from an offshore natural gas block off South Africa's southern coas…
Oil & Gas Trade
US Buys 4.65 Million Barrels for Emergency Oil Stockpile
The U.S. Department of Energy said on Monday it had finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, for …
Photovoltaic （PV）
Chile Installs 3,962 MW of Photovoltaic and 1,882 MW of Wind Power
Currently, there are more than 3.9 GW PV under construction in the country. 67% of Chile’s electricity generation in June was renewable and solar energy r…
SMR
RoPower and Fluor sign FEED 2 contract for SMR project
Romania's Nuclearelectrica and project company RoPower Nuclear have signed the Front-End Engineering and Design (FEED) Phase 2 contract with Fluor Corporati…
Energy Storage Project
Curtailment, Greece Needs 7 GW of Energy Storage by 2030 to Avoid Photovoltaic Cuts
Up to 20% of renewable electricity production is expected to be curtailed by 2030 in Greece if no new investments are made in energy storage.Greece is faced wit…
Photovoltaic （PV）
Chinese Solar Photovoltaic (PV) Company Signs Agreement to Establish 10 GW Factory in Sohar, Oman
A Chinese company specialising in production of solar photovoltaic (PV) modules has signed an agreement with Oman’s Bakarat Investment to build an advance…
China
Second-To-Last Nuclear Reactor Shut Down
Taiwan yesterday shut down the No. 1 reactor of its only active nuclear plant, poised to become the first non-nuclear country in East Asia after the last reacto…
Oil & Gas Trade
Iran’s Non-oil Exports Rise Over $1.3 BN in 4 Months: Spox
The spokesman of Iran House of Industry, Mine and Trade said that the country’s export of non-oil commodities increased $1.350 billion in the first four m…
Coal Trade
China Approves Use of Local Coal in Three Pakistani Power Plants
China has approved the conversion of three coal-fired power plants in Pakistan from using imported coal to local coal, a move designed to lower energy costs.Sou…
Oil & Gas Trade
Saudi Arabia’s Bahri Reports 15% Jump in Q2 Revenue on Year on Oil, Chemicals
The National Shipping Co. of Saudi Arabia, or Bahri, attributed a 15% year-on-year increase in revenue in the second quarter to better oil and chemicals shippin…
Carbon Capture
Carbon Capture Storage Can Extend Fossil Energy Use: Bph Migas
Carbon capture storage (CCS) technology enables the extended use of fossil energy in Indonesia, according to Saleh Abdurrahman, a member of the Downstream Oil a…
Nuclear Power Plant (NPP)
China’s Ningde Nuclear Power Plant Starts New Power Unit Construction
Ningde Nuclear Power Plant in east China's Fujian Province. /CMGConstruction of the No. 5 power unit at the Ningde Nuclear Power Plant in east China's F…
Electric Vehicles
Tesla and BYD Are Dominating the Global Electric Vehicle Market
Tesla's gross margin has been declining every quarter since Q1 2022, but it still maintains the largest BEV market share globally.BYD is hot on Tesla's …
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