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Crude Oil
Opec's ECB Mulls 66mn bl SPR Release in Jan-Feb
An Opec advisory committee has been considering the possibility that as much as 66mn bl could be released from the strategic reserves of key oil-consuming count…
Climate Policy
G7, G20 to push international climate ambition
The G7 and G20 summits could act as "accelerators" of international climate ambitions, as Germany's incoming government pledges to take on a leading role in int…
Smart Grid
EC Approves Romania's First Cross-Border Smart Grid Project
The Carpathian Modernized Energy Network project has been included in the 5th list of Projects of Common Interest, adopted at the end of last week by the Europe…
Nuclear Reactor
The Foundation Concreting of the BREST-OD-300 Reactor is Completed
Another milestone achieved in construction of the innovative BREST-OD-300 fast neutron reactor at the site of the Siberian Chemical Combine, a subsidiary of Ros…
Crude Oil
Russia’s Oil Reserves Are Becoming Increasingly Hard To Recover
Nearly all of Russia’s oil production will consist of the so-called hard-to-recover crude reserves unless the country speeds up and incentivizes exploration
Market Analysis
Xi Urges Sci-Tech Management System Reform, Development of Unified Electricity Market System
Chinese President Xi Jinping has emphasized the importance of speeding up reform of the science and technology management system
Energy Storage System
Siemens and Fluence to Provide Energy Storage for Grid Resilience on Madeira Island
Utility Empresa de Electricidade da Madeira has selected Siemens Smart Infrastructure and Fluence for the development of an energy storage system on the Portugu…
Natural Gas
China's Sinopec Raises Daily Gas Supply by 10 million cu m to Cope with Cold Snap
Chinese state-owned oil and gas major Sinopec has increased daily natural gas supply to the north of the country by more than 10 million cubic meters in a bid t…
Finland
Finland Targets Creating a World-Leading Hydrogen Economy
Finland is continuing to develop its hydrogen economy with many Finnish businesses, research centres and government figures coming together to support the growi…
Natural Gas
Jonah, PureWest both Reach Natural-Gas Milestones
Separately, Jonah Energy and PureWest are announcing milestones in the privately held companies’ quests to market responsibly sourced natural gas.
Crude Oil
Biden Announces Global Effort to Ease Energy Costs
US president orders 50 million barrels of oil to be released from nation's strategic petroleum reserve
Power Construction
Nigeria: Old Circuit Breakers in Substations to be Rehabilitated
In an effort to improve bulk power transmission to distribution centres nationwide the Transmission Company of Nigeria will start the rehabilitation and replace…
Hydrogen Project
SK to Build World’s Largest Blue Hydrogen Plant
The annual production and the total project cost are estimated at 250,000 tons and 5.3 trillion won, respectively. In addition, 100 hydrogen charging stations w…
RCEP
Upgraded China-ASEAN Partnership Amplifies RCEP co-op
HF SPIRIT, a freighter sailing from Jakarta, capital of Indonesia, arrived at the Qinzhou Port in south China's Guangxi Zhuang Autonomous Region on Nov. 20, bri…
Nuclear Power Plant
Rosatom Seeks to Develop Small NPPs with Hydrogen Batteries
Polet-Service, commissioned by a subsidiary of Rosatom, is to undertake research on a power supply for remote Arctic territories using low-power nuclear power p…
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