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Crude Oil

Iran Signs 8 more Oil Projects as Part of plan to Boost Output by 355,000 b/d

The National Iranian Oil Co. on Jan. 11 signed eight more oil projects as part of a $6.2 billion national program started in January 2019 to boost oil productio…

China

China's Geely, Baidu Announce Electric Car Ventures

Global and Chinese automakers have launched partnerships to share the multibillion-dollar costs of developing electric vehicles for China under government press…

Nuclear Power Plant

Russia’s Kursk-II on Schedule with RUB25bn Invested in 2020

More than RUB25 billion was invested in the construction of Russia’s Kursk-II NPP in 2020.

Electric Car

Tesla Market Value Tops $700 bn for First Time

Electric carmaker Tesla closed trading on Wednesday with a market value topping $700 billion for the first time.

Hydrogen Technology

Microwaving Plastic Waste Can Generate Clean Hydrogen

Plastic waste is a massive global problem, with 4.9 billion tons of it currently sitting in our oceans, beaches, waterways, and landfills, where it is polluting…

Energy Investment

China's Investment in Countries Along the Belt and Road Increased by 24.9%

According to data released by the Ministry of Commerce of China, from January to November 2020, China's foreign non-financial direct investment was 659.36 billi…

Hydropower Plant

Three Gorges Power Station will Generate 111.8 billion kWh in 2020

The Three Gorges Power Station with a total installed capacity of 22.5 million kilowatts is the largest hydropower station in the world.

Wind Farm

Morocco to Build 270 MW Wind Farm Near Essaouira

Morocco has given a go-ahead to a 270 MW wind farm in Jbel lahdid near Essaouira for a total cost of 2.8 billion dirhams as part of its plan to promote green en…

Biobattery

Trump Signs COVID-19 Relief, Tax Extenders Package

After a nearly week-long delay, President Trump on Dec. 27 signed a legislative package that includes tax extenders, $900 billion in COVID-19 relief and governm…

Natural Gas

China's Gas Output to Surpass 186 billion Cubic Meters

The output of natural gas in China is likely to reach over 186 billion cubic meters this year, said an official with the National Energy Administration.

Brexit

Finnish-British Trade has Declined Before Brexit

Imports from January to September totaled 1.2 billion euros, a drop of less than 4%.

LNG

Daewoo E&C Bags 500 Bil. Won LNG Plant Project in Mozambique

Daewoo Engineering & Construction has won an LNG plant construction project in Mozambique for 500 billion won after jointly winning a 5-trillion-won order for a…

China

China's Exports of Low-Voltage Electrical Appliances have been Increasing

According to China Customs statistics, China's exports of low-voltage electrical appliances in the first 10 months of 2020 were US$13.73 billion, a year-on-year…

Combined cycle power plant

Doosan Heavy Bags Order for Combined Cycle Power Plant in Guam

Doosan Heavy Industries & Construction has recently won an order for a 620 billion won combined cycle power plant project in Guam.

LNG

Shell Divests LNG Stake For $2.5 Billion

Shell has sold a 26-percent stake in an Australian LNG project to Global Infrastructure Partners for $2.5 billion as part of efforts to reduce the weight of non…