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Portugal
EDPR Posts 13% Earnings Dip in H1 2021
EDP Renewables has reported EBITDA of €654m for the first half of 2021, a drop of 13% from the same period last year.
Oil Price
India May Join China In Bid To Lower Oil Prices
The world’s third-largest crude oil importer, India, could join China in tapping into its strategic petroleum reserve in a bid to sell lower-priced crude to it…
Video: China Built the World's Largest FPSO Ship
China's self-built world-class vessel for floating production, storage and offloading was handed over to its user and departed from the mother port in east Chin…
Electric Vehicle Battery
LG-Hyundai Battery Joint Venture Reported to Start Plant Construction in Indonesia Next Month
A battery joint venture between LG Energy Solution and Hyundai Motor will break ground for a plant in Indonesia, local media outlets reported on July 28.
Power Construction
Hitachi ABB Power Grids Commissions Transmission Link in India
The UHVDC transmission link will help India to reach 450GW of renewable energy capacity by 2030.
Nuclear Fuel
92 Energy Begins Drilling at Gemini Uranium Project within High-Grade Athabasca Basin
Uranium explorer 92 Energy has started drilling at its wholly-owned Gemini project in Canada’s Athabasca Basin, which is known to host the world’s highest-gra…
Energy-Eficient Building
Energy-Efficient Buildings Get Green Light in Brunei
Thirteen government and commercial premises in Temburong District that went through an energy efficiency auditing programme have been given Building Energy Labe…
Oil & Gas Trade
Iraq to Sell Lebanon 1 mil mt/year of Heavy Fuel Oil in Barter Deal
Iraq has agreed to sell Lebanon 1 million mt/year of heavy fuel oil in return for "goods and services" in a barter deal that should help OPEC's second-biggest p…
Natural Gas
Shell Cheers First Gas from Trinidad and Tobago Gas project
Oil major Shell has started production from Block 5C in the East Coast Marine Area, also known as project Barracuda, located in Trinidad and Tobago, marking a m…
Oil Field
CNOOC Brings Online Another Oilfield off China
Chinese oil and gas giant CNOOC Limited has started production from its Luda 29-1 oilfield, which is located offshore China.
Energy Storage Battery
Godi Energy Raises Funds from Blue Ashva Capital to Setup Lithium-ion Cell Gigafactory
It said that it forayed into the manufacturing of lithium-ion cells because of performance issues that arose from the imported cells
Vietnam
Renewed Lockdown to Limit Vietnam's Gasoline Demand
Net importer Vietnam's gasoline demand is expected to take another hit as part of the country returns to a lockdown with rising Covid-19 cases.
Crude Oil
China Taps Into Crude Reserves To Curb Oil Price Rally
The world’s top oil importer, China, has started to release more than 20 million barrels of crude oil from its strategic reserve in a move seen as seeking to c…
LNG
Shell Delivers First Gas from Barracuda Project
Shell Trinidad and Tobago announced that production has started on Block 5C in the East Coast Marine Area in Trinidad and Tobago.
Nuclear Policy
Greenland Plans to Reimpose Ban on Uranium Mining
The new Greenland government is preparing to outlaw uranium mining, reinstating and strengthening a ban that the national assembly had overturned in 2013, local…
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