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Hydrogen Project
GS E&C to Export Green Hydrogen Plant Modules to the U.S.
GS Engineering & Construction will export renewable green hydrogen plant modules to California of the United States.
Oil Field
ExxonMobil Announces Two New Oil Discoveries In Guyana
ExxonMobil has made two more discoveries in the Stabroek block offshore Guyana, which add to the previously announced 10 billion oil-equivalent barrels recovera…
Energy-Eficient Building
Bringing Energy-Efficient Building Technologies Closer To Commercialization
The U.S. Department of Energy is accelerating emerging technologies from lab to market through its Technology Commercialization Fund.
Electric Car
Korean Companies Account for 9 of 14 EV Battery Plant Projects in the U.S.
Korean companies are taking the lead in building more than half of the large battery production plants in the United States.
Crude Oil
Marathon to Receive Second Release from U.S. Strategic Petroleum Reserve
The U.S. Energy Department awarded a second batch of crude oil from the strategic reserve to Marathon Petroleum Corp. as part of the Biden administration’s eff…
Crude Oil
South Korea To Release 3 Million Barrels Of Oil Reserves In Early 2022
South Korea will release 3.17 million barrels of its oil reserves in the first quarter of 2022 as part of the U.S.-led global effort by major oil-consuming nati…
Oil Pipeline
Germany’s New Chancellor May Let Red Tape Delay Nord Stream 2 Start
German Chancellor Olaf Scholz, under pressure from the U.S. to halt the Nord Stream 2 pipeline project over Russian aggression toward Ukraine, may quietly deleg…
Electric Vehicle Battery
LG Energy Solution and GM Considering Building 3rd Joint Venture Battery Factory in Michigan
LG Energy Solution and General Motors of the United States are considering investing US$2 billion to build their third joint venture battery cell plant in the U…
Oil & Gas Trade
U.S. to Sell 18 mln Barrels of Oil from Reserves on Dec 17
The U.S. Department of Energy said on Friday it will sell 18 million barrels of crude oil from the strategic petroleum reserve on Dec. 17, as part of a previous…
Natural Gas
Natural Gas Plunges 11% as U.S. Weather Forecast Stifles Demand
Natural gas futures plummeted 11% in the U.S. as forecasts shifted warmer through the middle of next month, allaying concern about tight domestic supplies amid …
United States
More Gulf of Mexico Work for Seadrill Rigs
While working to emerge from Chapter 11, offshore drilling contractor Seadrill has secured more work for its rigs in the U.S. Gulf of Mexico and added about $0.…
Crude Oil
U.S. Strategic Oil Reserves Could Fall By 50% Over The Next Decade
The U.S. strategic petroleum reserve could drop by 304 million barrels over the next 10 years according to the EIA
Crude Oil
China Begins Releasing Oil from Its Strategic Reserves
China is releasing some oil from its strategic reserves days after the U.S. invited it to participate in a joint sale, suggesting the world’s two biggest oil c…
Crude Oil
Nigeria to Stage for Oil, Gas Investment in U.S.
Amid global energy transition and changes in the sector to accommodate the exigencies of climate change and carbon reduction, Nigeria is making efforts to stage…
Power Construction
Taihan Cable & Solution Lands KRW60bn Power Grid Project in the U.S.
Taihan Cable & Solution announced on Nov. 15 that it has won a power grid project in western California.
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