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Hydrogen Project
South Korea to Commercialize Ammonia-Fueled Power Generation by 2030
South Korea aims to start commercializing ammonia-fueled power generation from 2030 in a bid to reduce its heavy reliance on coal and LNG in electricity product…
Xi and Biden Discuss Energy, Climate
The first virtual summit between US president Joe Biden and his Chinese counterpart, Xi Jinping, covered possible cooperation on stabilizing energy markets and …
Nuclear Policy
Nuclear-Supporting Infrastructure Bill Becomes US Law
US President Joe Biden yesterday signed into law the bipartisan Infrastructure Investment and Jobs Act.
Xi-Biden Virtual Meeting to be Held Tuesday Morning
A virtual meeting between Chinese President Xi Jinping and U.S. President Joe Biden will be held on Tuesday morning (Beijing Time).
Solar Power Plant
Indian Transformer Manufacturer to Set up 4 GW Solar Fab
Shirdi Sai Electricals, an Indian transformer manufacturer and EPC contractor, has placed a $252.16 million incentive bid to set up a fully integrated, 4 GW pol…
Energy Taxation
Biden, Pushing Tax Breaks for Electric Vehicles, to Visit GM Factory
U.S. President Joe Biden will visit a Michigan General Motors electric vehicle plant next week as the White House pushes Congress to approve big tax incentives …
Oil Refinery
CITIC Construction Wins bid Worth 5.7 bln USD in Iraq
CITIC Construction Co., Ltd., a subsidiary of CITIC Group, has recently won the bid for the first and second phase of the AI Khairat Heavy Oil Power Plant Proje…
Oil Price
Oil Prices Plunge into Close, Roiled by Inflation Fears
Oil prices slumped on Thursday, hit by a surge in the dollar after U.S. President Joe Biden said his administration was looking for ways to reduce energy costs …
Hydrogen Project
HYPHEN to Implement Green Hydrogen Project in Namibia
The Namibian government has issued a notice of award stating its intention to appoint HYPHEN Hydrogen Energy as preferred bidder to develop the country’s first…
Floating Offshore Wind
Aker Offshore Wind, Ocean Winds, and Statkraft Collaborate on Floating Offshore Wind
Aker Offshore Wind, Ocean Winds, and Statkraft have signed a collaboration agreement to bid for, develop, construct, and operate offshore wind and associated in…
Natural Gas
Biden Admin Considering Shutting Down Another Pipeline, Drawing Criticism and Dire Warnings As Winter Nears
The Biden administration's energy policies have drawn criticism as gas prices surge heading into the winter months
Crude Oil
Biden “Looking at” Tapping Strategic Oil Reserve, Energy Secretary Says
U.S. President Joe Biden “is looking at” a potential release from the Strategic Petroleum Reserve to bring down gasoline prices after OPEC+ rejected his reque…
Natural Gas
South Korea Cuts Price of Domestic Natural Gas for Hydrogen Production by 25%
South Korea has cut the domestic price of natural gas used to make hydrogen by 25% to help lower hydrogen production costs in a bid to boost hydrogen consumptio…
Crude Oil
OPEC Rejects Biden’s Call for More Oil
OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasolin…
Energy Investment
Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments
President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.
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