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Crude Oil
OPEC Rejects Biden’s Call for More Oil
OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasolin…
Energy Storage Battery
Hyundai Motor and Kia to Make Strategic Investments in U.S. Startup Factorial Energy
Hyundai Motor Co. and Kia Corp. have recently decided to make strategic investments in Factorial Energy, a U.S. battery startup, to jointly develop and produce …
South Korea
South Korea Joins Global Methane Pledge
South Korea is committed to lowering methane emissions by 30pc by 2030 from 2020 levels as it joins the "global methane pledge," President Moon Jae-in said at t…
Net Zero Emission
India Sets 2070 Target for Net Zero
India has a goal of reaching net zero emissions by 2070, prime minister Narendra Modi said at the UN Cop 26 climate conference today.
Wind Power Project
China Starts Wind Power, Photovoltaic Projects in Deserts
China has begun a series of large wind power and photovoltaic projects in its desert areas in mid-October
Nuclear Power Plant
Akkuyu Nuclear Jsc Obtains Construction License for Akkuyu NPP Unit 4
Turkey’s Nuclear Regulatory Authority’s Board has agreed to issue a construction license for Unit 4 of Akkuyu NPP to AKKUYU NUCLEAR JSC.
Solar Power Plant
Malaysia Solar Crew Partners on 500MW in Taiwan
Geely-owned automaker Volvo Car AB made its trading debut in Stockholm, Sweden on Friday, raising over $2 billion for its future development, especially in the …
Electric Car
Geely-Owned Volvo to Raise Over $2b in Stockholm IPO
Geely-owned automaker Volvo Car AB made its trading debut in Stockholm, Sweden on Friday, raising over $2 billion for its future development, especially in the …
Nuclear Power Plant
Akkuyu 4 Nuclear Reactor Obtains Construction Licence
Akkuyu is a new nuclear power plant on Turkey’s Mediterranean coast with three VVER-1200 reactors designed by Rosatom subsidiary Gidropress already under const…
Nuclear Policy
US, Europe Sound Warning to Iran on Future of JCPOA
The two most significant steps — the production of highly enriched uranium and enriched uranium — are "important to nuclear weapons programs" and have "no cre…
Wind Power Project
Two Chinese Companies to Build 84 MW Wind Farm Near Tomislavgrad
The construction of wind farm Ivovik, with an installed capacity of 84 MW, is set to begin next year, the Chinese investors said in a recent meeting with the lo…
CCS
ExxonMobil Eyes Building CCS Hubs in Southeast Asia
ExxonMobil is looking to build carbon dioxide capture hubs in some of southeast Asia's heavy industrial areas such as Singapore and connecting them to storage s…
Energy Storage Technology
Honeywell Launches New Flow Battery Technology
Honeywell has announced a new flow battery technology that works with renewable generation sources such as wind and solar to meet the demand for sustainable ene…
Natural Gas
Energy Crisis: The Price of Natural Gas in Europe has Plummeted Due to Putin’s Big Announcement
The European Directorate General for Competition has once again started sniffing around Gazprom’s house, looking for signs of possible market manipulation and …
Compressed Air Energy Storage
Compressed-Air Storage for Commercial Applications
Israel-based Augwind has built its first 250 kW/1 MWh compressed air storage system for the collective community of Yahel, in the southern, desert part of the c…
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