Bill

South Korea

Korea’s Nuclear Energy Exports Surge to Record 32 Trillion Won in 2023

Shin Hanul No. 1 and 2 reactors in UljinKorea's exports in the nuclear energy sector reached a record high of 32 trillion won ($21.9 billion) in 2023, data …

Crude Oil

Dangote Refinery Builds Eight More Tanks for Imported Crude

The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.A report by Africa Report has it that the r…

Electricity Transmission

KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion

American Electric Power Co. agreed to sell a minority stake in its transmission business to KKR & Co. and Canada’s PSP Investments for $2.8 billion.The in…

Crude Oil

BP Partnership to Boost ONGC Revenue by $10.3 Billion Over 10 Years

ONGC had in June last year floated a tender seeking foreign partners to reverse declining output at its flagship Mumbai High fields.State-owned Oil and Natural …

Nuclear Power Plant (NPP)

Poland Allocates Funds for Nuclear Plant

The Polish government has approved a plan to invest PLN 60.2 billion in the nation's first nuclear power plant between 2025 and 2030. This funding will supp…

Electric Vehicles

LG Energy Swings to $154M Operating Loss in Q4 on Still-Weak EV Demand

LG Energy Solution's battery plant in MichiganLG Energy Solution swung to an operating loss of 225.5 billion won ($154 million) in the fourth quarter of 202…

Carbon Emissions

Parliament Reintroduces Mandatory Greenhouse Gas Emissions Monitoring System

The Verkhovna Rada of Ukraine has endorsed a draft bill that reintroduces a mandatory system of greenhouse gas emissions monitoring, reporting and verification.…

Oil Pipeline

Turkstream Carries Over 104 Bln Cubic Meters of Gas in 5 Years

Over the course of five years, the TurkStream Natural Gas Pipeline transported a total of 104.1 billion cubic meters of gas, delivering Russian natural gas rese…

United States

Expand Energy Still on Track to Boost US Gas Output to 7 Bcfd in 2025, CEO Says

Expand Energy (EXE.O), opens new tab, the biggest U.S. natural gas producer, remains on track to boost output to around 7 billion cubic feet per day (bcfd) in 2…

Hydropower Plant

Power Firm Backed by Indonesian Billionaire Anthoni Salim to Build $700M Hydropower Plant in Singapore

A power plant operated by PacificLight Power in Singapore.PacificLight Power, backed by Indonesian billionaire Anthoni Salim, has won a contract to build a SGD1…

Natural Gas

Ukraine Is Increasing Gas Production for the Second Year in a Row.

According to industry experts, in 2024 Ukraine increased gas production by 2.2% – to 19.12 billion cubic meters. The production growth rate in 2024 was hi…

Oil Pipeline

Azerbaijani Gas Transport via Tanap Hits Over 73 Billion Cubic Meters by 2024 Year-End

As of December 31, 2024, the total volume of Azerbaijani gas transported via the Trans-Anatolian Natural Gas Pipeline (TANAP) to Türkiye and Europe reached…

Energy Storage System

Puerto Rico Receives Us DOE Loans to Boost Battery Storage to 1 Gwh

Puerto Rico’s fragile grid has been given a boost, with the US Department of Energy (DOE) offering more than half a billion dollars via the Loan Programs Offic…

United States

Clean Fuels: 2024 Saw Rapid Growth for Biodiesel, Renewable Diesel

The U.S. is on pace to surpass 5 billion gallons of biodiesel and renewable diesel consumption for the first time, capping a 2024 that saw increased efforts fro…

Natural Gas

Fixing Iran’s Gas Shortages Needs $45 Billion, Says Oil Minister

Iran needs $45 billion in investment to resolve its chronic winter energy deficit and worsening air pollution, the country's Oil Minister Mohsen Paknejad sa…