Asia

Oil Price
2024-01-08

Saudi Arabia Cuts Feb Arab Light Crude Price to Asia to 27-Month Low
Top oil exporter Saudi Arabia on Sunday cut the February price of its flagship Arab Light crude to Asian customers to the lowest level in 27 months, a company statement showed, amid competition from rival suppliers and concerns about supply overhang.Saudi
Renewable Energy
2024-01-08

Saudi Energy Ministry and NEOM Company Sign MoU on Cooperation in Energy Fields
The Saudi Ministry of Energy and NEOM company signed on Sunday a Memorandum of Understanding (MoU) on enhancing cooperation in the energy fields, the Saudi state news agency reported.
Nuclear Power Plant (NPP)
2024-01-06

How the World's First Fourth-Generation Nuclear Power Plant Works
The world's first fourth-generation nuclear power plant, Huaneng Shandong Shidao Bay Nuclear Power Plant in eastern China's Shandong Province, went into commercial operation on December 6, 2023 and has been running well, according to offic
Electric Vehicles
2024-01-06

GM's China Joint Venture Sold Over 100,000 EVs Last Year
GM’s joint venture in China, SAIC-GM, delivered over 100,000 EVs in 2023, more than doubling from the previous year.GM’s China joint venture EV sales double in 2023With 18,911 EVs handed over in December, GM’s China joint ven
Electric Vehicles
2024-01-06

BYD Breaks Ground on Its First Sodium-Ion EV Battery Plant
The world’s largest EV maker, BYD, broke ground on its first sodium-ion battery plant this week. BYD is investing $1.4 billion (RMB 10 billion) with 30 GWh planned annual capacity.You likely heard that BYD just topped Tesla in overall EV volume
Biofuel
2024-01-06

Renova Delays Startup of Omaezakikou Biomass Power Plant
Japan-based Renova Inc. on Dec. 22 announced that start up of its 75-megawatt (MW) Omaezakikou Biomass Power Plant will be delayed by several months. The facility is currently expected to begin operations in March.Commissioning is continuing at the Omaeza
Offshore Wind Power
2024-01-06

Suzlon Bags 225 MW Wind Energy Project
Suzlon will deploy WTGs from its 3-3.15 MW product series, featuring the larger rated 3 MW, S144-140m wind turbines.Shares of Suzlon Energy Ltd were trading 2% higher on 5 January after the company announced receiving a new order for 225 megawatt of wind
Solar project
2024-01-06

First Solar to Sell Up to $700M in 45X Tax Credits
First Solar's module manufacturing facility in Ohio (Courtesy: First Solar)In what both sides are calling the first significant credit transfer of its kind in the solar manufacturing industry, First Solar announced that it entered into two separat
LNG
2024-01-06

Gail India Signs Long-Term LNG Supply Deal With Trader Vitol
GAIL (India) has signed a long-term LNG deal with Vitol, under which the top commodity trader will supply around 1 million metric tons of LNG annually for 10 years starting in 2026, the Indian state-held firm said on Friday.As part of the deal, Vitol will
Solar Power Plant
2024-01-06

SJVN Green Energy Inks Pact to Supply 200 MW Solar Power to Uttarakhand Power Corp
New Delhi, Jan 5 (PTI) SJVN Green Energy Ltd has signed a pact with Uttarakhand Power Corporation Ltd (UPCL) to supply 200 MW solar power from a 1,000 MW Bikaner project in Rajasthan.State-owned SJVN, through its wholly-owned subsidiary SJVN Green Energy
Crude Oil
2024-01-06

Exclusive: India Set to Halve Oil Refiners' FY24 Energy Transition Equity Support
A man paints the logo of oil refiner Bharat Petroleum Corp (BPCL) on a wall on the outskirts of Kochi, India, November 21, 2019. REUTERS/Sivaram V/File Photo Acquire Licensing RightsIndia plans to halve the amount of equity investment to $1.8 billion for
LNG
2024-01-06

India's GAIL Signs 10-Yr LNG Purchase Deal With Vitol
State-run GAIL (India) Ltd (GAIL.NS) Friday said it has signed a 10-year liquefied natural gas (LNG) import deal with trader Vitol to buy about 1 million metric tons per year (tpy) of the super-chilled fuel from 2026.Indian companies are investing billion
COP28
2024-01-06

Azerbaijan Minister and State Oil Company Veteran to Lead COP29 Climate Talks
Azerbaijan's Minister of Ecology and Natural Resources Mukhtar Babayev speaks during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 11, 2023. REUTERS/Thomas Mukoya/File Photo Acquire Licensing RightsT
Oil Price
2024-01-05

Russian November Oil Price for India Hit 12-Mth High
A model of oil barrels is seen in front of Russian and Indian flags in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsIndia paid an average of $85.42 per barrel for Russian oil in November, th
Nuclear Power Plant (NPP)
2024-01-05

Japan Earthquake Casts Cloud Over Push to Restart Nuclear Plants
Tokyo Electric Power Co.'s (TEPCO) Kashiwazaki Kariwa nuclear power plant, which is the world's biggest, is seen from the seaside in Kashiwazaki, November 12, 2012. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsThe powerful ear

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China's Investment into BRI Countries Expands in Jan.-May

Asia

Saudi Arabia Cuts Feb Arab Light Crude Price to Asia to 27-Month Low

Saudi Energy Ministry and NEOM Company Sign MoU on Cooperation in Energy Fields

How the World's First Fourth-Generation Nuclear Power Plant Works

GM's China Joint Venture Sold Over 100,000 EVs Last Year

BYD Breaks Ground on Its First Sodium-Ion EV Battery Plant

Renova Delays Startup of Omaezakikou Biomass Power Plant

Suzlon Bags 225 MW Wind Energy Project

First Solar to Sell Up to $700M in 45X Tax Credits

Gail India Signs Long-Term LNG Supply Deal With Trader Vitol

SJVN Green Energy Inks Pact to Supply 200 MW Solar Power to Uttarakhand Power Corp

Exclusive: India Set to Halve Oil Refiners' FY24 Energy Transition Equity Support

India's GAIL Signs 10-Yr LNG Purchase Deal With Vitol

Azerbaijan Minister and State Oil Company Veteran to Lead COP29 Climate Talks

Russian November Oil Price for India Hit 12-Mth High

Japan Earthquake Casts Cloud Over Push to Restart Nuclear Plants

China's Investment into BRI Countries Expands in Jan.-May

Heads of State From Bahrain, Egypt, Tunisia and the Uae to Visit China

Renewed Focus On Energy Security Prompts Nearly $2 Trillion Investment in Clean Energy Since 2020, Iea Finds

Gazprom Greenlights $15 Billion Investment Plan to Bolster Gas Production Capacity

Toyo Invests In Japan’s Offshore Renewable Sector

EDF Wins 250MW in French Offshore Tender