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Renewable Energy
2024-05-29
China's Renewable Energy Exports Grow 35% Between 2019-2023
Power batteries surpass photovoltaic solar modules as the main export of renewable products.Chinese exports of renewable products grew 35% between 2019 and 2023, driven by competitive prices and dominance of production capacity, according to Wood Mackenzi
Oil Price
2024-05-29
Preview Saudi Arabia May Cut July Oil Prices to Asia for First Time in 5 Months
General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/file photo Purchase Licensing RightsSaudi Arabia, the world's biggest oil exporter, may cut prices for most crude gr
LNG
2024-05-29
South Korea's KOMIPO and Vitol Extend Long-Term LNG Supply Contract
South Korea's Korea Middle Power Co (KOMIPO) and commodities trader Vitol (VITOLV.UL) on Tuesday agreed to extend an existing long-term liquefied natural gas (LNG) supply and purchase agreement, Vitol said.Under the extension agreement, Vitol will sup
Electric Vehicles
2024-05-29
BYD Unveils New Hybrid Tech as Battle With Gasoline Rivals Heats Up
The BYD logo is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo Purchase Licensing RightsChina's BYD (002594.SZ), opens new tab launched on Tuesda
Oil Field
2024-05-29
UK's Buzzard Oilfield Has Temporary Outage, CNOOC Says
The Buzzard oilfield in the North Sea is experiencing a temporary production outage, a spokesperson for operator CNOOC said on Tuesday, adding that there was no information on when the outage started and how long it would last.Buzzard, one of the largest
Energy-Eficient Building
2024-05-28
New Initiatives Target Energy Efficiency Growth in Saudi Arabia
The Saudi government has unveiled eight new initiatives to boost energy efficiency, targeting sustainable economic growth and lower carbon emissions.The new initiatives were announced at the Saudi ESCO 2024 forum, which began Monday in Riyadh. Energy Mini
Oil Field
2024-05-28
Qatarenergy Announces Fid in 2nd Development Phase for Brazil's Field
QatarEnergy announces that the consortium partners in the Sepia joint venture have taken the final investment decision (FID) for the second development phase of the Sépia field, located in the prolific pre-salt Santos Basin, offshore Brazil.The
Oil & Gas Trade
2024-05-28
Centre Seeks Bids for Oil and Gas Fields in Mumbai Offshore, Coal Bed Methane Field in Bengal
India has offered two discovered oil and gas fields in Mumbai offshore and a coal bed methane field in Bengal for bidding under the category of discovered small fields (DSF).The Directorate-General of Hydrocarbons (DGH) has said the notice inviting offer
Hydropower Plant
2024-05-28
IHA and CISPDR Corp. Sign MoU to Push Forward Sustainable Hydropower
The International Hydropower Association (IHA) has signed a memorandum of understanding (MoU) with CISPDR Corp. at the World Water Forum in Bali, Indonesia.This MoU seeks to explore opportunities to raise awareness of hydropower operation in sustainable r
Renewable Energy
2024-05-28
Uzbekistan and Russia Aim for $30 Billion Trade as Energy Projects Advance
The President of Uzbekistan, Shavkat Mirziyoyev, and the President of Russia, Vladimir Putin, held negotiations in Tashkent at the level of delegations, Kun.uz reported.The discussions focused on further developing and deepening the comprehensive strategi
Coal Production
2024-05-28
Kyrgyz Coal State Enterprise Tasked to Increase Coal Production to 5 Million Tons a Year
The Kyrgyz Coal State Enterprise has been tasked to increase coal production to 5 million tons a year, the Ministry of Energy said.According to preliminary matrix of targets, the coal production is expected to reach 5.5 million tons by 2035.In 2023, coal
LNG
2024-05-28
Domestically-Developed Large LNG Carrier Launched in Dalian
This photo provided by Dalian Shipbuilding Industry Co., Ltd. (DSIC) shows a domestically developed liquefied natural gas (LNG) carrier with a payload capacity of 175,000 cubic meters being launched in Dalian, northeast China's Liaoning Province o
Methane
2024-05-28
X-Press Feeders Completes Its First Bio-Methanol Bunkering at Singapore
Container shipper X-Press Feeders has conducted its first bio-methanol refuelling operation at the port of Singapore on Monday, a company executive said, after receiving in mid-May its first out of 14 dual-fuelled vessels ordered.The company aims to use m
Nuclear Power Plant (NPP)
2024-05-28
Russia to Build Central Asia's First Nuclear Power Plant in Uzbekistan
Russian President Vladimir Putin and Uzbek President Shavkat Mirziyoyev attend a meeting in expanded format at the Kuksaroy Presidential Palace in Tashkent, Uzbekistan May 27, 2024. Sputnik/Mikhail Metzel/Pool via REUTERS Purchase Licensing RightsRussia w
Electric Vehicles
2024-05-27
Idemitsu Kosan, ENEOS, Toyota, and MHI Commence Study Toward Introduction and Spread of Carbon-Neutral Fuels for Automobiles
Idemitsu Kosan Co., Ltd. ("Idemitsu Kosan"), ENEOS Corporation ("ENEOS"), Toyota Motor Corporation ("Toyota"), and Mitsubishi Heavy Industries, Ltd. ("MHI") announce that they have commenced a study toward the intro
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China's Investment into BRI Countries Expands in Jan.-May
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Renewed Focus On Energy Security Prompts Nearly $2 Trillion Investment in Clean Energy Since 2020, Iea Finds
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Gazprom Greenlights $15 Billion Investment Plan to Bolster Gas Production Capacity
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Toyo Invests In Japan’s Offshore Renewable Sector
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EDF Wins 250MW in French Offshore Tender
