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United States
US Oil Prices Soar To 6-Year High In OPEC Standoff
The U.S. benchmark oil price WTI Crude hit its highest level since November 2014 early on Tuesday, after OPEC+ on Monday called off its third attempt to reach a…
Electrification
UN Recommendations to Ensure Global Electrification by 2030
New reports released by the United Nations provide recommendations on how the world can tackle energy poverty and ensure everyone in the world has access to cle…
Oil Price
Oil Prices Jump to Multiyear Highs After OPEC+ Talks Yield No Production Deal
Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies were postponed indefinitely, with the grou…
Geothermal Power Plant
Turkey Among Fastest-Growing Nations in Geothermal Energy
Turkey is among the fastest-growing countries in terms of geothermal energy as its capacity to produce electricity from geothermal resources has reached 1650 me…
Offshore Wind Power
Iberdrola Signs a Framework Agreement with Navantia and Windar for Future Offshore Wind Power Plants worth 400 million Euros
Thanks to this agreement, the consortium formed by the two manufacturers will set up an XXL monopile factory in the grounds of the Fene shipyard in A Coruña
Electric Vehicle Battery
Hyundai to Invest US$100 Mil. in All Solid State Battery Startup in U.S.
Hyundai Motor Co. will invest US$100 million in SolidEnergy System, a U.S. all solid state battery developer, to secure next-generation battery technology.
LNG Carrier
Hyundai Heavy Industries Attains 94% of Order Intake Goal for 2021
Korea Shipbuilding & Offshore Engineering, an intermediate holding company in charge of the shipbuilding business of Hyundai Heavy Industries Group, attained 94…
Hydrogen Fuel Cell Vehicle
Hyundai Places Hydrogen Station Order to Support Xcient Trucks in New Zealand
Hyundai New Zealand is prepping for the arrival of its Xcient fuel cell trucks in New Zealand, having today (July 1) placed an order for a new hydrogen refuelli…
EU
EU Renewable Energy Directive Change From 1st July
From 1 July 2021, production standards set out in the EU Renewable Energy Directive will be tightened.
Digitalization
AVEVA and Wood Launch New Industrial Solution to Accelerate Digital Transformation
Wood has standardized its use of AVEVA™ Enterprise Resource Management as a key component of the Connected Build offering to its industrial clients globally.
Electric Car
Canada Mandates New Cars to be Zero-Emissions by 2035
Alghabra noted that his country is one of the few in the world with domestic access to all of the key resources for producing electric vehicle batteries, and pr…
Oil Field
U.S.-Controlled Oilfield In Syria Attacked By Rockets
A key oilfield near a U.S. military base in Syria’s Deir Ezzor region came under rocket attack on Monday, hours after the U.S. military said on Sunday it had c…
Nuclear Power Plant
Rosatom Begins Construction of Kudankulam NPP Unit 5 in India
On June 29, an official ceremony was held that was dedicated to the first concrete pouring into the foundation plate of the reactor building for Kudankulam NPP …
Hydropower Plant
Exploring mln-kW Generating Units at China's New Mega Hydropower Station
Two million-kilowatt generating units, with the largest single-unit capacity in the world, began operation at a mega hydropower station in southwest China on Mo…
Oil Price
Crude Oil Falls Nearly 2% Ahead of OPEC+ talks
Oil prices fell nearly 2% on Monday after hitting their highest since 2018 earlier in the session, as a spike in COVID-19 cases in Asia and Europe put a brake o…
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