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LNG
2021-03-09
Japan-backed AG&P Says Gets Approval to Develop Philippines LNG Terminal
Atlantic Gulf & Pacific Company said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas import and regasification terminal in Batangas Bay, south of Manila.
Oil Price
2021-03-08
Oil up Nearly 5% on Possible Extension of Saudi Output Cuts
Oil prices rose nearly 5% on Thursday on a possible extension of voluntary output cuts by Saudi Arabia into April, as OPEC ministers and their allies continued to deliberate about the future of supply cuts.
China
2021-03-08
China To Cut Energy Intensity By 3% This Year
China will reduce the amount of energy it uses to expand its economy by 3 percent this year as part of efforts to hit emission reduction targets set earlier, citing a statement by Premier Li Keqiang.
Energy Storage Battery
2021-03-08
Rosatom Subsidiary Acquires 49% Stake in Korean Power Storage Company
RENERA LLC, Rosatom’s integrator company for the energy storage business has finalized the deal to acquire 49% share of Enertech International Inc, a South Korean manufacturer of electrodes, lithium-ion storage cells and energy storage systems.
Paris Climate Agreement
2021-03-08
India on Track to Achieve Paris Agreement Targets Before 2030 Deadline, Modi Says
Opec+ decision to continue with output cuts will hurt consumers, according to India’s oil minister
Crude Oil
2021-03-08
OPEC, Allies Agree to Keep Oil Output Steady into April
The Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed on Thursday to largely continue current production levels into April.
Energy Storage Battery
2021-03-07
Latest Aevelopment on China’s Largest Battery Energy Storage Project
Finnish energy and environmental technology company Olion has been selected by Dalian Henliu Energy Storage Power Station Company Ltd to provide heat pumps for a battery energy storage farm in Dalian, North-eastern China.
Crude Oil
2021-03-05
Saudi Arabia And Russia Could Raise Oil Production By 1 Million Bpd
Saudi Arabia and Russia are talking about bringing back online 1 million bpd to the oil market, citing sources familiar with the matter.
China
2021-03-05
China Targets GDP Growth of more than 6pc in 2021
China has set a GDP growth target of over 6pc this year, premier Li Keqiang said today.
Nuclear Power Plant
2021-03-05
Pakistan’s Karachi 2 Achieves Criticality
The 1,100MWe K-2, one of two Chinese supplied Hualong One reactors at the site, is expected to begin commercial operation by the end of May.
HVDC
2021-03-05
China Power Giant Wants to Get Ahead on Xi’s Emissions Goals
China’s utility giant is planning to upgrade its massive electricity grid over the next few years to allow it to move away from coal generation and reach peak carbon emissions as soon as possible.
Carbon Neutral
2021-03-05
Nuclear Crucial to Japan Meeting Climate Goals, Says IEA
However, it warned the country must act quickly if it is to achieve its ambition of reaching carbon neutrality by 2050. The restart of its idled nuclear power reactors will help it reach that goal, the IEA said.
Carbon Emissions
2021-03-05
China Draws up Plan for Carbon Emissions to Peak by 2030, to Take Active, Well-Ordered Steps to Develop Nuclear Energy
China will draw up an action plan for carbon emissions to peak by 2030 and take active and well-ordered steps to develop nuclear energy on the basis of ensuring its safe use
China
2021-03-05
14th Five-Year Plan, Long-Term Devt Goals Top Agenda at This Year's Two Sessions
Deliberations on the 14th Five-Year Plan (2021-25) and long-range objectives through 2035 topped the agenda for the two sessions this year
China
2021-03-05
The Two Sessions to Observe
Update the latest news of the two sessions in real time
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China's Investment into BRI Countries Expands in Jan.-May
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Heads of State From Bahrain, Egypt, Tunisia and the Uae to Visit China
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Gazprom Greenlights $15 Billion Investment Plan to Bolster Gas Production Capacity
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China Expands Investments in Wind, Hydropower and Photovoltaic (PV) Energy Amid Global Economic Slowdown
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Swedfund and IFU Invest in Renewable Energy Development in Southern Africa
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Toyo Invests In Japan’s Offshore Renewable Sector