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Oil & Gas Trade
New Year OPEC+ Meeting to Decide Oil Production Levels
The OPEC+ ministerial meeting comes after oil consumption tanked in 2020 due to the Covid-19 pandemic and a price war between Saudi Arabia and Russia.
Nuclear Policy
Iran Plans 20% Uranium Enrichment 'As Soon As Possible'
The move comes amid heightened tensions between Iran and the U.S. in the waning days of the administration of President Donald Trump, who unilaterally withdrew …
Thermal Coal
China Thermal Coal Futures Set for Biggest Monthly Rise in 3 Years
Zhengzhou Commodity Exchange thermal coal futures are up nearly 12% this month and on course for their biggest monthly gain since January 2018
Solar Power Plant
Capital Dynamics Completes AVSE II Solar Project Acquisition
Capital Dynamics’ Clean Energy Infrastructure business has completed the acquisition of the remaining 69.98% interest in the Arlington Valley Solar Energy II, …
Oil & Gas Trade
Iran To Buy Covid Vaccines With Income From Gas Exports To Iraq
Iran will use part of the proceeds from its electricity and natural gas exports to Iraq to buy COVID-19 vaccines from Europe.
Wind Farm
Enercon Installs E-138 EP3 Wind Turbines for Metafor Wind Farm in Turkey
The completion of the Metafor project in the province of Bingöl means ENERCON has now installed more than two gigawatts of power in Turkey.
Thermal Plant
The World's First Six-Cylinder Six-Exhaust 1,000MW Power Plant Put into Production
All systems of the unit were running smoothly and the index parameters were excellent, marking the successful completion of the construction of Unit 1.
Coal Mine
China: Shanxi Shuts 163 Coal Mines
Shanxi, a main coal-producing area in north China, has closed 163 coal mines and abolished 146.05 million tons of yearly coal manufacture capacity over the last…
Microgrid
Bloom Energy Explores Hydrogen as 100% Renewable Option for Fuel Cell Technology
Asim Hussain, vice president of commercial strategy and customer experience at Bloom Energy, took time out during Microgrid 2020 Global to chat with Elisa Wood,…
Nuclear Power Plant
The Main Construction of Unit 1 of Zhejiang San'ao Nuclear Power Project Started
Zhejiang San'ao Nuclear Power Project started site survey in 2007.
Coal-Fired Power Plants
RWE Power Takes First Plant off Grid – Unit D in Niederaussem
From 31 December 2020, RWE Power will decommission the 300-megawatt Unit D at its Niederaussem lignite power station.
South Korea
South Korea-U.K. FTA About to Take Effect
The Ministry of Trade, Industry and Energy announced on Dec. 30 that the South Korea-U.K. FTA would become effective at 8:00 a.m. Jan. 1.
Electricity Transmission
Nation to Build Over 600,000 5G Base Stations During 2021
China will build more than 600,000 5G base stations in 2021 as the nation accelerates the rollout of wireless technology, according to the Ministry of Industry …
Oil Price
Oil Jumps On Significant Crude Inventory Draw
Crude oil prices rose further today after the Energy Information Administration reported an oil inventory draw of 6.1 million barrels for the week to December 2…
Brexit
UK Parliament Votes for Brexit Deal
Members of Parliament today approved legislation that will pass the UK-EU post-Brexit deal into UK law, in a vote split 521 in favour and 73 against.
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