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Market Analysis

Global Oil Demand Seen Returning to Pre-Pandemic Levels Within a Year: Moody's

The ongoing recovery in demand, rising costs and reduced levels of inventory as of September 2021 will continue to support strong momentum in oil prices.

Coal Trade

Australia’s September NCIG Coal Exports Hit 13-mth High

The Newcastle Coal Infrastructure terminal at Newcastle in September shipped the most coal since August 2020, but this was partially offset by weaker throughput…

Hydrogen Project

SK E&S and Plug Power Form Joint Venture

SK E&S and Plug Power have signed a joint venture contract for joint business in the Asian hydrogen market. Their stakes in the joint venture are 51 percent and…

Nuclear Fuel

Iran's 20-pct Enriched Uranium Stockpile Exceeds 120 kg: Nuke Chief

The head of Atomic Energy Organization of Iran said that his country's stockpile of 20-percent enriched uranium has exceeded 120 kg.

Solar Materials

New Solar Glass Production Lines and a New Big Wafer Deal

Luoyang Glass is planning to deploy two solar glass production lines with an annual capacity of 1,200 tons each and wafer maker Wuxi Shangji has secured a big s…

Oil Exploration

4 Offshore Contracts Signed for Hydrocarbon Exploration and Production; Investments will Total US$1.4 billion

The National Hydrocarbons Agency and Anadarko Colombia Company signed 4 contracts for the exploration and production of hydrocarbons in the Colombian Caribbean,…

Hydrogen Project

Air Liquide, Toyota, Shell to Collaborate on Achieving Hydrogen Refuelling Rates of 10kg/min

Air Liquide, Toyota, Shell, and Hyundai are among several major players within the hydrogen industry that will collaborate on standardising hydrogen refuelling …

Hydrogen Project

Shell Green Hydrogen Team Seals Grant Support

Refhyne 2 project is aiming to develop a 100MW electrolyser to be deployed in Germany

Crude Oil

ExxonMobil Increases Stabroek Resource Estimate to Approximately 10 Billion Barrels

ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barre…

Electric Car

Farasis Energy Reports 25% Energy Boost for EV Batteries with Group14 SCC55 Silicon-Carbon Anode

Group14, a provider of silicon-carbon composite materials and China-based Li-ion battery maker Farasis Energy reported a 25% boost in energy density for EV batt…

Coal Production

Western Balkan Countries are in Global Top 10 in Coal’s Power Output Share

Kosovo* is ranked second in the world for its share of coal in domestic electricity production, trailing only Botswana. Serbia and BiH are seventh and tenth, re…

Electricity Trade

Electricity Price Hike of up to 135 Percent Announced in BiH, Serbia

Companies in Bosnia and Herzegovina, and Serbia have received announcements from their suppliers that the price of electricity would increase as high as 70-135 …

LNG

Vietnam Approves New $2.3 bln LNG Project

The plant, which is based in the central province of Quang Tri, will have an initial capacity of 1,500 MW, the government said in a statement

Hydrogen Project

Hyundai Mobis to Build Hydrogen Fuel Cell Plants in South Korea

The two facilities will be capable of producing 100,000 hydrogen fuel cells a year once fully operational.

Energy Investment

DOE Invests Nearly US$7 million to Put Coal Wastes to Work

This investment supports the development of new and safe uses for coal-wastes, which in turn will spur the creation of good-paying jobs in frontline communities…