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Crude Oil
Norway Sees Crude Output at 2mn b/d in 2025
Crude production offshore Norway will increase to more than 2mn b/d in 2025 from 1.7mn b/d now, much of it from the giant Johan Sverdrup field, the Norwegian Pe…
Crude Oil
Global Oil Demand is Forecast to Increase by 5.9 million bpd in 2021 Amid Economic Recovery
The US supply forecast was revised up as oil prices trade higher, according to Opec
Solar Power Plant
Solar Takes Lead Role in Latest China Five-Year Plan
China is the largest manufacturer and installer of solar photovoltaic power systems in the world, and the country appears ready to increase its solar installati…
Market Analysis
Electricity to form 30% of Turkey Energy Demand by 2040
Final energy demand will increase by 40% while electricity demand will grow by around 70% to 90% by 2040
Crude Oil
Sudan, South Sudan Reach Deal to Ramp up Oil Production to 300,000 BPD
South Sudan and Sudan have reached a deal to increase oil production from the current 170,000 barrels per day to 300,000 BPD within the next three years from 20…
Oil Price
Hike in Petrol, Diesel Rates after Global Oil Price Jump
Accordingly, in the national capital, petrol was sold at the new record high level of Rs 84.45 from the previous days of Rs 84.20 a litre while diesel price inc…
China Belt and Road
ANGOLA: Government Calls on China to Invest in Renewable Energies
The Angolan authorities recently launched an appeal to Chinese businessmen to increase their investment in the renewable energy sector.
Market Analysis
What’s Driving Vietnam’s Renewable Energy Boom?
As elsewhere, Vietnam’s increasing reliance on energy imports has driven its green energy push.
Electric Car
Mercedes-Benz Cars Tripled Global Sales of xEVs in 2020; 7.4% of Sales
Mercedes-Benz experienced a sharp increase in xEV deliveries in 2020, with more than 160,000 plug-in hybrids and all-electric vehicles sold worldwide, including…
Energy Storage Battery
Hard Carbon for a High Energy Sodium Battery
Scientists in Japan demonstrated a hard-carbon electrode that can greatly increase the capacity of a sodium-ion battery.
Hydrogen Fuel Cell Vehicle
S. Korea to Jack up Support for Electric, Hydrogen Cars
South Korea plans to increase budgetary support for the purchase of electric and hydrogen cars by around 30 percent this year in a bid to nurture the next-gener…
Nuclear Power Plant
China Begins Construction of SanAo Nuclear Power Plant
The concrete was poured for the nuclear island of unit 1 at the SanAo nuclear power plant in China’s Zhejiang province, China General Nuclear (CGN) announced o…
Oil & Gas Trade
OPEC+ Allows Kazakhstan to Increase Oil Production in February and March
OPEC+ countries reached agreement on the terms of the deal for February and March.
Submarine Cable
Submarine Cable Helps Triple CGES’ Electricity Transit Revenues
The submarine power cable between Italy and Montenegro has helped the Balkan country increase revenues from electricity transit by threefold.
Energy Investment
China's Investment in Countries Along the Belt and Road Increased by 24.9%
According to data released by the Ministry of Commerce of China, from January to November 2020, China's foreign non-financial direct investment was 659.36 billi…
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