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Oil & Gas Trade
Energy Partnership Bolsters China–Russia Relations
Russia’s Novatek and China’s Shenergy signed a new gas deal in February 2021, highlighting the primacy of energy ties in China–Russia relations.
Nuclear Fusion
Claiming a Landmark in Fusion Energy, TAE Technologies Sees Commercialization by 2030
The company has raised nearly $1 billion to harness the power of the sun
Nuclear Power Plant
Japanese Regulator Bans Nuclear Plant Restart Over Lax Safeguards
The operator of the Fukushima nuclear plant that was destroyed in a 2011 disaster said Wednesday it will accept a penalty imposed by regulators over sloppy anti…
Nuclear Power Plant
South Korea Shuts Nuclear Reactors for Second Time Due to Influx of Marine Organisms
The Hanul-1 and –2 reactors, both with a capacity of 950 MW, were shut April 6 after an influx of marine organisms disrupted water pump operations, said an off…
Hydropower Plant
Baihetan Hydropower Station Begins to Store Water
The Baihetan Hydropower Station has officially started to store water recently, and the first batch of units will be put into operation in July 2021.
Oil Exploration
Eni Announces a New Light Oil Discovery in Block 15/06, Offshore Angola, Through “ILX” Exploration Strategy
Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore.
Energy Storage System
Energy Storage to Pilot on Lithuania’s Transmission Network
Lithuania’s transmission system operator Litgrid is to test a 1MW battery energy storage system as a proof of concept.
Electricity Transmission
Nicaragua to Upgrade and Expand Electricity System
The Central American Bank for Economic Integration has awarded a $40.1 million towards Nicaragua’s transmission system expansion.
Nuclear Fuel
Iran boosts uranium enrichment capacity to 16,500 SWUs: atomic chief
Iran has increased its uranium enrichment capacity to 16,500 separative work units (SWUs), Ali Akbar Salehi, head of the Atomic Energy Organization of Iran (AEO…
Energy Investment
Iberdrola Forges Spanish Investment Pact with Insurer
Partnership with MAPFRE targeting 1GW of wind and solar investments
Battling Bovine Belching: Measuring Methane Eemissions from Cows
Taken from the April 2021 issue of Physics World.Cutting methane production from livestock is considered vital to climate change mitigation, with lots of resear…
Morocco
Morocco Highlights Its Green Energy Strategy at 2021 Spring Meetings
President of Morocco’s Policy Center for the New South, Karim El Aynaoui, speaking at the virtual 2021 Spring Meetings, emphasized Morocco’s long-term renewab…
Energy-Eficient Building
Energy Efficiency Helps Turkey Save $158 million in 2020
Turkey’s investments in energy efficiency in 2020 totaled $635 million which helped to save 451,000 tons of oil equivalent valued at $158 million
Energy Taxation
Tariff Hikes could be on the Cards for Major SA Cities
Tariff hikes are front and center in the proposed budgets for both the City of Cape Town and the City of Johannesburg for the 2021/2022 financial year.
Energy Taxation
Biden Tax Plan Replaces U.S. Fossil Fuel Subsidies with Clean Energy Incentives
Linked to the $2.3 trillion infrastructure package, it is part of wider plan that includes boosting the corporate income tax rate from 21% to 28%.
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