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Oil & Gas Trade
Iraq’s Crude Exports Exceed 98 Million Barrels In Nov: Ministry
Iraqi Ministry of Oil said yesterday that, the country exported 98.19 million barrels of crude oil in Nov, bringing in revenues of about 7.59 billion U.S. dolla…
Energy Storage System
Chile’s Colbun Couples Storage with PV for Reliability and Decarbonisation
In Chile, energy generator Colbun has announced an $11 million investment to build an 8MW/32MWh energy storage system next to a new 230MWp solar PV facility in …
Crude Oil
Opec+ Agrees to Continue January Oil Output Increase Amid Omicron Uncertainties
The producers' group, led by Saudi Arabia and Russia, will bring 400,000 barrels per day to the market next month as planned
Wind Power Project
Wind Power Becoming too Cheap to Support Itself
Major efforts to bring down the cost of generating wind energy should be restrained, the head of a wind turbine making major has warned, citing the industry’s …
Electric Car
Nissan to Spend $17.6 billion Over 5 Years in Electrification Push
Nissan Motor Co announced it will spend 2 trillion yen over the next five years to accelerate vehicle electrification, betting tighter carbon emission restricti…
Oil Field
BP Brings Field Offshore Angola on Stream
Oil major BP has started production at the Platina field in Block 18, which is located in the Angolan offshore, approximately 140 kilometres northeast of Luanda…
Electric Car
XPeng Says It will Finally Bring Chinese-Made Cars to Europe
He added that the company would start exporting cars to Denmark, Sweden and the Netherlands in 2022.
Energy Storage Project
Elgin Energy Completes GBP-25m Fundraise for Solar-Plus-Storage
UK solar and storage developer Elgin Energy said on Thursday it has raised some GBP 25 million in an oversubscribed fundraising through boutique corporate finan…
Cooperation case
Belt and Road Cooperation Reaches Heart of Africa
The Central African Republic has signed a Belt and Road cooperation agreement with China, bringing the number of countries involved in the Belt and Road Initiat…
Germany
German Coalition Targets Earlier Coal Exit
Germany hopes to bring forward its coal phase-out by eight years to 2030, boosting renewables' share of the generation mix to 80pc.
Hydrogen Project
H2 Technologies to Contribute to Carbon Neutrality
A new UN Policy Brief shows that hydrogen technologies can contribute to carbon neutrality if the current production of hydrogen will shift from fossil-fuel to …
Hybrid Power Plant
Turkish Cengiz Evaluates Expansion of Its Giant Hybrid Power Plant
Hybrid power plant projects are springing up all over the country.
RCEP
Upgraded China-ASEAN Partnership Amplifies RCEP co-op
HF SPIRIT, a freighter sailing from Jakarta, capital of Indonesia, arrived at the Qinzhou Port in south China's Guangxi Zhuang Autonomous Region on Nov. 20, bri…
Cooperation case
BRI Boosts Economic Exchanges Between China, ASEAN
Counting their harvest from the Singles' Day online shopping festival, Thai livestreamer Namfon Lapjulpon and her Chinese husband could not help humming songs.
Energy Investment
Inclusive Growth the Key to China’s Economic Success
The report said China's wealth reached $120 trillion in 2020, compared to $90 trillion for the US. Germany, Japan, Britain, France, South Korea and other countr…
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