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Cooperation case
Australian Resource, Energy Exports Set to Hit Record High
The value of Australia's resources and energy exports are expected to hit a record high in financial year 2020/21, government data showed.
South Korea
Hyosung Group’s Market Cap Soars 70% on the Back of Hydrogen Economy
Their prices jumped sharply as the chemical market entered a perfect upward cycle and Hyosung Group expanded its business to the environmental sector, especiall…
Electric Vehicle Battery
South Korean EV Battery Makers Losing Market Share to CATL and BYD
The market share of LG Energy Solution fell from 26.6 percent in one year, although the usage of its batteries increased from 3.3 GWh to 4.9 GWh.
Electricity Transmission
Egypt, Sudan Stabilize Grid To Enable Power Export
Grid stability project to ensure energy security and lower emissions and also enable interconnection between the two countries
Net Zero Emission
Global Leaders get Real about Net Zero Goals at IEA Summit
Top international energy and climate leaders from more than 40 countries took part in the IEA-COP26 Net Zero Summit to identify how to work together to reduce g…
Oil Price
Oil Prices Rise as Opec+ Agrees to Gradually Increase Supply
The group will increase output by 250,000 bpd in May
Oil&Gas Drilling
ExxonMobil Nearly Ready to Start up Guyana FPSO Compressor
Oil major ExxonMobil is preparing to start up a gas compressor on SBM Offshore’s Liza Destiny FPSO, operating offshore Guyana, this week following a technical …
Wind Farm
Vestas Signs Contract for Wind Park in Spain
Vestas has received a 50 MW order of V150-4.2 MW turbines for a wind park in Spain.
Offshore Wind Power
Ampelmann Secures Renewables Contracts in Asia Pacific
Ampelmann, the Dutch offshore access provider, has secured five contracts covering eight projects in the Asia Pacific region, five of which are in the renewable…
Wind Farm
Siemens Gamesa and Repsol Finalise Turbine Contract for Wind Farms
Spain-based wind turbine manufacturer Siemens Gamesa and energy company Repsol have finalised their first turbine supply contract for four wind farms.
Electricity Transmission
NextEra Energy Transmission acquires GridLiance for $660m
US-based clean energy company NextEra Energy Transmission has acquired GridLiance Holdco and GridLiance GP (GridLiance) from affiliates of investment firm Black…
O&M
Reliance Bangladesh Signs GE for 718MW Plant O&M
General Electric will provide maintenance and digital solutions for a 718MW Bangladeshi combined cycle power plant that will run natural gas-fired and steam tur…
LNG
Korean GS Energy to Build LNG Power Plants in Vietnam
The two power plants are estimated to be completed by 2026 and 2027.
China
Sinochem, ChemChina Merger Finally Wins Approval
Chinese state-owned firms Sinochem and ChemChina have finally received merger approval from the SASAC, kicking off a long-awaited consolidation of the two compa…
Electricity Transmission
Spain is Power Exporter to France for Third Quarter
Spain ended as a net power exporter to France for the third quarter in a row — something that had happened only once before in the past 20 years — in what may…
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