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Crude Oil

OPEC Crude Output Cuts Should Help U.S. Shale Profits in 2021

U.S. crude oil production has fallen 2 million barrels per day in the last year as low prices and demand forced shale producers to cut their losses

Energy Storage Battery

Irish State-Owned Utility ESB Announces 100MWh of Battery Energy Storage

Electricity Supply Board (ESB) has announced almost 100MWh of utility-scale battery storage projects, kicking off its pipeline of projects in the Republic of Ir…

Japan

Japan’s Power Prices Hit Record Highs on LNG Shortage

A severe shortage of LNG supplies among Japanese power utilities on the back of an unseasonably cold winter has driven the country's wholesale electricity price…

Market Analysis

NEV Sales of China's BYD Slip in 2020

Chinese auto manufacturer BYD's sales of new energy vehicles in 2020 slipped following Covid-19-related disruptions, particularly in the first quarter, along wi…

Energy Storage Project

CATL Partners with Integrator FlexGen on 220MWh of Texas Battery Storage Projects

Contemporary Amperex Technology Ltd (CATL) will supply lithium-ion batteries to energy storage system integrator FlexGen for two large-scale energy storage proj…

Energy Security

Irish Grid Alert Over Capacity Concern

Irish system operators have issued an amber alert over tightening power capacity margins on the all-island grid.

Oil Shale

China's Sinopec Builds First Phase of New Shale Gas Field in Sichuan

Weirong, located in Neijiang and Zigong cities, is the state energy giant's second major shale gas development after Fuling, which is also located in the same S…

Biobattery

Wärtsilä to Build Two Large-Scale Biogas Upgrading Plants in Denmark

Biomethane company Nature Energy has ordered two large-scale biogas upgrading plants from technology company Wärtsilä, to be delivered to different locations …

Thermal Plant

Albioma Commissions 48 MW Bioenergy Plant in Brazil

France-based power producer Albioma announced on Dec 29 the successful commissioning its 48 MW bagasse-fired Vale do Paraná Albioma cogeneration plant, which i…

Wind Farm

100MW Wind Farm to Power more than 400,000 Ethiopian Households

Siemens Gamesa has sealed the deal on its first wind farm project in Ethiopia.

Solar Power Plant

Capital Dynamics Offloads 108MW California PV Duo

Global private asset management company Capital Dynamics has completed the sale of a majority interest in its almost 108MW Beacon solar portfolio in the US stat…

Wind Farm

Vestas Secures 20MW Contract in Italy

Aleramo has ordered five V136-4.0MW machines for the Cairo Montenotte wind farm

Natural Gas

PetroChina to more than Double Sichuan Shale Gas Output by 2025

That will surpass a target set by Sinopec, which led China's shale gas development with the first commercial find at Fuling, also in the Sichuan basin, and whic…

Crude Oil

Video: China's Largest Oil-and-Gas Field Reports Record Output

China's largest oil-and-gas field has produced over 60 million tonnes of oil equivalent of crude oil and natural gas so far this year, hitting a record high.

Namibia

Namibia’s Energy Ministry Further Extends Suspension on Fuel License Applications

The Ministry of Mines and Energy has extended the temporary suspension on the application of new fuel retail sites and the issuing of wholesale licences to 28 F…