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China
China and Nepal Study Feasibility of Cross-Border Power Grid
China and Nepal will conduct a feasibility study to construct a high-voltage power transmission line across the Himalayas to facilitate the exchange of electric…
Spain
Aquila Acquires 100MWp Solar PV Portfolio in Spain
Renewables investor Aquila European Renewables Income Fund has acquired a 100MWp solar PV portfolio currently in construction in Spain, doubling its portfolio’…
Ukraine
Ukraine Impact on Energy Prices to Force UK Slowdown
Britain’s economic growth is expected to slow down as the Ukraine conflict raises the cost of energy and commodity prices.
LNG
EU Strikes Gas Deal with the U.S. as It Seeks to Cut Its Reliance on Russia
U.S. President Joe Biden and European Commission President Ursula von der Leyen announced the formation of a joint task force to bolster energy security for Ukr…
Oil Price
IEA Ready to Release More Oil to the Market to Cool Prices 'if Needed'
The International Energy Agency said its members are ready to release more oil into the market “if needed” to tackle soaring prices in the wake of Russia's mi…
United States
US Refiners Turn to Middle East for Fuel Oil After Russia Import Ban
US refiners began snapping up fuel oil cargoes from the Middle East this month after President Joe Biden banned Russian oil imports over the country's invasion …
China
China's Annual Energy Production Capacity to Be 4.6 Bn MT Coal by 2025
China recently decided to raise its annual comprehensive energy production capacity to over 4.6 billion metric tonnes of standard coal by 2025.
Electric Car
LG Invests $1.4 Billion into First US Cylindrical Battery Plant
LG Energy Solutions (LGES) has announced a KRW1.7 trillion ($1.4 billion) investment in a cylindrical battery plant. It is said to be the first-ever cylindrical…
Oil Refinery
Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery
U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an Americ…
Hydrogen Production
A Gas Giant Maps out Its Hydrogen Plan
The market for the clean-burning fuel will take a long time to develop. That may give incumbents like Air Liquide an advantage over startups.
LNG
Asian Gas Buyers Buzzle over Putin's Demand for Payment in Roubles
Asian importers of Russian gas were scrambling on Thursday after Russian President Vladimir Putin said "unfriendly" countries must pay for Russian gas in rouble…
Hydrogen Production
How Putin’s War Has “Turbocharged” Green Hydrogen, and Long Term Shift From Fossils
Two new reports from leading market analysts have singled out green hydrogen as a sector that stands to be “turbocharged” as a result of the Russia-Ukraine co…
Electric Vehicle Battery
EU Approves €95m Polish Aid for LG Chem’s EV Battery Plant Expansion
The European Commission has approved €95 million (£79.5m) of Polish aid for the expansion of LG Chem’s battery cell production facility for electric vehicles…
Ukraine
Ukrainian Coalition Calls for Embargo on Russian Energy
Some of the biggest energy companies in Ukraine have urged Western companies to stop buying energy from Russia.
Nuclear Reactor
Belgium Pushes Nuclear Exit back a Decade due to Ukraine Crisis
Belgium has delayed its decision to cut nuclear energy by 10 years due to the rise in energy prices from the Russian invasion of Ukraine.
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