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Market Analysis
Nuclear Still Critical in Meeting Carbon neutrality goals: WoodMac
This is particularly true for China, Japan, and South Korea.
Cooperation case
China, Ukraine to Deepen Belt and Road Cooperation
China and Ukraine agreed on Wednesday to work together to combat the COVID-19 pandemic, comprehensively deepen cooperation on the Belt and Road Initiative, and …
Combined cycle power plant
Doosan Heavy Bags Order for Combined Cycle Power Plant in Guam
Doosan Heavy Industries & Construction has recently won an order for a 620 billion won combined cycle power plant project in Guam.
Electric Car
SK Innovation to Make Massive Investment in Battery Business in U.S.
SK Innovation will invest about 1.1 trillion won to build a second battery plant in Georgia despite the spread of the new coronavirus.
LNG
Korean Shipbuilders Enjoying Brisk New Order Intake at Year-end
Korean shipbuilders are enjoying a brisk new order intake at the year-end.
Carbon Emissions
Exxon Pledges to Reduce Emissions, but the Details Suggest Nothing Has Changed
Under investor pressure, the company retreated from its refusal to join other oil giants in pledging reductions, with a plan that suggests it will continue busi…
Market Analysis
China Plans Clean Energy Future
While still primarily relying on coal to meet its energy needs, China says it is committed to playing its part in the global fight against climate change.
Nuclear Power Plant
Polish Group Calls on Germany to Reverse Nuclear Phaseout
Polish climate and environmental activists are asking Germany to reconsider its 2011 decision to phase out nuclear power.
OPEC
Russian Energy Ministers Tells Biden Not To Disturb Oil Markets
Joe Biden’s presidency will hopefully not interfere with OPEC+ actions taken to rebalance oil markets, Russian Deputy Prime Minister and former Energy Minister…
Hydrogen Project
Scotland Outlines Hydrogen Policy to 2045
On 21 December the Scottish government released a hydrogen policy statement, with plans on how to incorporate the fuel for use in heating, transportation and in…
Oil Field
Gazprom & LUKOIL Sign Master Agreement to Develop Two Fields
Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, signed the Master Agreement on the terms of the developme…
Wind Farm
Enel Starts Operating 140 MW of Wind Energy Capacity in South Africa
EGP’s Nxuba wind farm, the company’s third wind facility in the Eastern Cape province, is expected to generate 460 GWh of energy annually.
Wind Farm
Construction Starts on 80MW Dutch Wind
Kroningswind will begin producing its first electricity at the end of 2022.
Carbon Neutral
Vedanta Pledges to Move Towards Carbon-Neutrality
Vedanta on Tuesday said it has signed a declaration on climate change by pledging to move towards carbon neutrality at the Second India CEO Forum on Climate Cha…
Solar Power Plant
FIMER Chosen for Largest Solar PV Airport Installation in Africa
Manufacturer of solar inverter solutions FIMER has provided its technology for a 1.4MW rooftop solar system on the Ahmed Ben Bella International Airport in Oran…
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