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Energy Subsidies
Hyundai Motor's IONIQ 5 Eligible for Subsidies from Chinese Government
Hyundai Motor’s IONIQ 5 loaded with batteries from SK Innovation are expected to receive subsidies from the Chinese government starting from the second half of…
Oil&Gas Drilling
Santos Kicks off Bayu-Undan Drilling Campaign
Australia’s energy giant Santos, as the operator of the Bayu-Undan Joint Venture, has started the Phase 3C infill drilling program at the Bayu-Undan field, in …
Coal Trade
Czech Government to Look at Speedier Coal Exit than 2038 Target
The Czech government has sent back a recommendation to phase out coal by 2038 to a state commission to examine an earlier exit, the Industry Ministry said on Mo…
Coal-Fired Power Plants
Japan Power Firm JERA to Test Ammonia Fuel at Coal-Fired Plant to Cut CO2
Power generation company JERA Co. said Monday it will start using ammonia as a fuel at a coal-fired power plant in central Japan as part of a four-year test pro…
Oil Shale
High Profile Merger Creates A New $17 Billion Shale Giant
Cabot Oil & Gas Corporation and Cimarex Energy announced on Monday another merger in the U.S. shale patch in an all-stock merger of equals that would result in …
Oil Price
Oil Prices Rise on Potential Hitch in Iran Talks
Oil prices rose on Monday as a demand bump fueled by COVID-19 vaccination drives gave traders optimism that the market can absorb any Iranian oil that would com…
Oil Pipeline
Tanzania, Uganda Finalize Oil Pipeline Deal
Tanzania and Uganda have signed a fifth and final government agreement that will greenlight the construction of a $3.5-billion pipeline that will carry crude pu…
Oil Shale
U.S. Shale Oil Output to Climb for First Time in 3 Months in June - EIA
U.S. oil output from seven major shale formations is expected to climb by 26,000 barrels per day in June to 7.73 million bpd, the first rise in three months, th…
OPEC
OPEC’s Oil Exports Are Surging By 1 Million Bpd In May
OPEC’s oil exports have jumped by 1 million barrels per day so far in May, while the OPEC+ group started easing the production cuts by 350,000 bpd this month, …
Offshore Wind Power
China Offshore Wind Farm Connects to Grid
An offshore wind farm near the Zhoushan Islands, east China’s Zhejiang Province, was commissioned and connected to the grid on Sunday.
Hydrogen Fuel Stations
Video: Global Largest Hydrogen Station Put into Use in Beijing
The world's largest hydrogen station with a daily capacity reckoned at 4.8 tons was put into use in Beijing's Daxing District on Monday.
Hydrogen Project
Hyundai Motor Partners with Bloomberg to Promote Hydrogen Campaign
On a quest to accelerate hydrogen mobility-related business, Hyundai Motor Co. is taking one more step towards improving public awareness of the transition towa…
Electric Vehicle Battery
Shenzhen-listed Eve Energy Denies Deal to Provide Tesla Batteries
Chinese lithium battery manufacturer Eve Energy Co on Sunday denied a Reuters report claiming it's in talks with Tesla about a lithium iron phosphate battery su…
Hydrogen Project
Hyundai Committed to Building US Hydrogen Ecosystem
Hyundai Motor Group has reaffirmed its commitment to hydrogen today (May 13) by stating that it will invest $7.4bn in the US by 2025 with some of the funds look…
SMR
Moltex Small Nuclear Reactor Should Be Operational By Early 2030s
The Moltex Clean Energy small modular reactor should be installed and operational by the early 2030s, the company said in a virtual update Monday.
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