News

Battery Recycling

(a) setting up of a Lithium-Ion Battery Recycling Plant in Malaysia through Public-Private Partnership (PPP) funding model; (b) providing an eco-system for a circular economy model in mitigating the i

Group to set up Lithium-Ion Battery Recycling PlantKUALA LUMPUR, Dec 15, 2022 - (ACN Newswire) - Ni Hsin EV Tech Sdn. Bhd., a wholly-owned subsidiary of Main Ma…

Cooperation case

Foreign Ministry Spokesman: The Power Station Contracted By Chinese Enterprises Strongly Supports Qatar To Host The "Carbon Neutral" World Cup

Release time: December 6, 2022 14:15:01 Source: Xinhua News Agency Author: Cheng Xin

OPEC

OPEC+ Meeting to Take into Account Market Conditions – Iraqi Official

The OPEC+ meeting in December will take into account the condition and balance of the market, Iraq's state news agency quoted Saadoun Mohsen, a senior official …

Nuclear Reactor

EDF Could Lose 5 Bln Euros from France's Windfall Tax -Les Echos

A planned French windfall tax on energy companies' profits during Europe's current energy crisis would likely cost debt-laden nuclear giant EDF around 5 billion…

Germany

German Finance Ministry Wants 33% Windfall Tax on Energy Firms - Die Welt

Germany's finance ministry aims to introduce a 33% tax on oil and gas companies that have benefited from windfall profits, Die Welt newspaper reported on Tuesda…

Oil Price

Oil Prices Reverse Course After Saudi Arabia Denies Output Hike Rumors

Saudi Arabian officials are denying the news that OPEC is considering a 500,000 bpd output hike.

LNG

U.S. Gas Prices Jump as Freeport LNG Targets Full Restart in March 2023

U.S. natural gas prices surged on the news that one of the largest U.S. LNG export terminals is targeting a complete operational restart by March 2023.

Natural Gas

Natural Gas Prices Slide as Bearish News Continues to Mount

The U.S. Henry Hub natural gas contract continued to sell off on Wednesday afternoon after having recorded steep losses at the beginning of the week.

Natural Gas

CEO Says Gazprom May Need to Replace Big Part of Nord Stream -TASS

Gazprom CEO Alexei Miller told Russia's State TV Channel One on Thursday that a big section of the damaged Nord Stream pipelines might need to be replaced, TASS…

Tidal Energy

Sustainable Tidal Energy, EV Charging & Hydrogen Power

News roundup: the potential of sustainable tidal energy, GenCellEnergy’s off-grid EV charging & Siemens’ green hydrogen plant in Germany

Oil Shale

INEOS Renews UK Shale Gas Offer as Prime Minister Truss Lifts Fracking Ban

Energy company INEOS has renewed its offer to the UK government and new Prime Minister Liz Truss to drill a shale gas test well in the UK.

LNG

U.S. Natgas Falls 5% On Delay of Freeport LNG Plant Restart

U.S. natural gas futures fell more than 5% on news of a further delay in the resumption of initial operations at the Freeport LNG export plant in Texas.

Natural Gas

German Gas Levy Could Change as Soon as This Winter -Newspaper

A gas levy on German consumers meant to help utilities cover the cost of replacing Russian supplies could change as soon as this winter, the managing director o…

Crude Oil

Switzerland Considers Switching to Oil for Power Plants

Amid a looming energy crisis, Switzerland could turn to oil for electricity production in the winter in case of an emergency, Swiss Energy Minister Simonetta So…

Nuclear Power Plant

California Might Keep One Nuclear Plant Open

Anticipating electricity supply shortages well into 2026, California Governor Gavin Newsom has proposed allowing the state’s last-remaining nuclear power plant…