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Oil & Gas Trade
China's LNG Imports Could Hit Record High in Dec as Demand Bounces Back
The world's second largest LNG importer after Japan is on track to import its highest monthly volumes since December 2019, Refinitiv shiptracking data showed.
Solar Power Plant
EGYPT: EBRD Lends $4.2m for a 6 MWp Solar Power Plant at Dina Farm
The European Bank for Reconstruction and Development is approving a $4.2m loan for Taqa PV for Solar Energy, Taqa Arabia's renewable energy subsidiary.
Carbon Emissions
Brexit Pushes UK to Begin Own Emissions Trading System in 2021
Due to Brexit, the UK government said on December 14 it will launch an emissions trading system for domestic industry and power generation from January 1 next y…
Energy Transition
The UK Ends Support For Overseas Oil & Gas Projects
The United Kingdom will end direct government support to oil, gas, and coal project overseas as soon as possible, as part of the country’s ambition to support …
Electric Vehicle Battery
Battery Recycling Booms As The EV Revolution Kicks Into High Gear
The rising popularity of electric vehicles is often praised as the road to helping the world to reduce emissions.
Solar Power Plant
US Large-Scale Solar On Track for a Record 2020
New Solar Market Insight report shows that, coronavirus-related hiccups aside, the utility-scale solar sector is set for growth.
Electricity Transmission
Europe’s NordLink Enters Operational Trial Run
The Nordlink interconnector, a 623-km long high-voltage direct current electricity interconnection that links the German and Norwegian power markets is now live…
Nuclear Fuel
NRA Approves Japan’s Mox Plant at Rokkasho
Japan’s mixed-oxide fuel plant under construction in Rokkasho, Aomori Prefecture, received Nuclear Regulation Authority approval on 9 December, despite the lac…
Oil & Gas Trade
Egypt, Iraq Move Forward with Oil-for-Reconstruction Plan
The oil-for-reconstruction agreement signed between Egypt and Iraq will enter into bilateral implementation as soon as constitutional procedures are complete, E…
EU
EU Leaders Pave Way for Implementation of Landmark Recovery Package
In addition to underpinning the EU's recovery from the pandemic, the recovery package, totaling over 1.8 trillion euros, was also designed to help transform the…
Hydrogen Project
Air Liquide China Recognised for Hydrogen Efforts
Air Liquide China has been recognised for its contributions to develop China’s hydrogen energy value chain.
Carbon Emissions
Covid Pandemic Drove a Record Drop in Global Carbon Emissions in 2020
Researchers said carbon emissions will likely rebound in 2021 and urged governments to prioritize a shift to clean energy and policies that tackle climate chang…
Oil Field
Karoon Offloads First Oil from Recently-Bought Baúna Field
Australian player Karoon Energy has offloaded its first shipment of over 500,000 barrels of oil from its newly acquired Baúna production field, offshore Brazil…
Electric Car
Nuvera E-60 Engine Awarded SMVIC Certification
Nuvera Fuel Cells has received certification of its Nuvera® E-60 heavy-duty customer engine from the Shanghai Motor Vehicle Inspection Centre.
Crude Oil
US Energy Agency Revises up Oil Price Forecast
Brent price expected to increase by 2.1%, according to Energy Info. Administration's Short-Term Energy Outlook for December
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