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Bill
Clean Coal
China to Launch $31.4 billion Reloans for Clean use of Coal
China will put in place targeted reloans to support the clean and efficient use of coal as part of the nation's low-carbon development path
Wind Power Company
SK Ecoplant Becomes Largest Shareholder of Domestic Wind Farm Subsrtructure maker
The total investment stands at 460 billion won.
Nuclear Policy
Nuclear-Supporting Infrastructure Bill Becomes US Law
US President Joe Biden yesterday signed into law the bipartisan Infrastructure Investment and Jobs Act.
Oil Refinery
CITIC Construction Wins bid Worth 5.7 bln USD in Iraq
CITIC Construction Co., Ltd., a subsidiary of CITIC Group, has recently won the bid for the first and second phase of the AI Khairat Heavy Oil Power Plant Proje…
United States
US Energy Prices Likely to Rise as Result of Winter Heating Pressure
US consumers will be hit with much larger heating bills than last year due to surging energy prices.
Hydropower Plant
US $1.9 bln Suki Kinari Hydropower Project to Become Operational by Year
The 884 MW Suki Kinari Hydropower Project, being constructed with US $ 1.9 billion cost under China-Pakistan Economic Corridor, would be operational by 2022.
Crude Oil
Oil Gains After U.S. Infrastructure Bill Passes, Chinese Exports Rise
Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia's state-owned producer Aramco…
Energy Transition
Japan Pledges $10bn to Support Energy Transition in Asia
Two days after scoring a surprisingly robust general election victory, Japanese Prime Minister Fumio Kishida promised up to $10 billion in additional climate fi…
Morocco
Morocco to Mobilize Global Investment of $1.6 Billion in Wind Energy
Morocco will mobilize global investment of around 14.5 billion dirhams ($1.6 billion) in a wind energy program, its foreign ministry said in a tweet on Tuesday.
Natural Gas
Ukraine Plans Gas Measure Change from May 2022
Ukraine's parliament has supported a revised bill requiring gas reporting to be measured in energy units rather than volumetric space, with effect from May 2022…
Oil Price
Aramco Books 158% Surge In Q3 Net Profit On Higher Oil Prices
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020 on subs…
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 …
Hydrogen Project
JCB Signs Green Hydrogen Deal Worth Billions
Construction equipment maker JCB has signed a deal to buy billions of pounds of green hydrogen, defined as hydrogen produced using renewable energy.
Energy Investment
Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments
President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.
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