Citi

Crude Oil

U.S. May Delay Oil Reserve Release

The United States might adjust the timing of the release of some 50 million barrels of crude oil from the strategic petroleum reserve depending on the direction…

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 …

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…

Oil Exploration

Empyrean Gearing up to Drill ‘First Exciting Exploration Well in China’

Oil and gas company Empyrean Energy has made significant operational progress towards spudding the LH 17-2-1 exploration well at the Jade prospect on Block 29/1…

Oil Field

Iran Needs $11 Billion To Develop Oil Fields Along The Iraqi Border

Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported, citing the new head of the National Iranian…

Energy Security

Myanmar's Biggest Cities Hit by Brief Power Outages

A power blackout briefly hit Myanmar's main urban centres and far-flung towns on Friday, including commercial hub Yangon and parts of the capital Naypyidaw, aut…

Oil & Gas Trade

India’s ONGC May Buy Stake In Rosneft’s Massive Arctic Oil Project

A consortium of Indian energy companies—including state major ONGC—is in early talks with Rosneft for the acquisition of a stake in the Russian state company…

Hydrogen Project

Cities Push Ahead with Hydrogen Energy Plans

China's cities are gearing up for the development of hydrogen fuel cell energy, another green energy solution for vehicles, and have released specific plans for…

Nuclear Fuel

Operation Approaches for Ukraine's Used Fuel Store

The first stage of Ukraine's Central Spent Fuel Storage Facility is ready for operation, Energoatom has announced, citing an approval from the Architectural and…

Nuclear Policy

Finland Publishes Draft Programme on Used Fuel and Radwaste Management

The ministries and Stuk requested comments on the draft programme and environmental report from authorities, operators in the sector, citizens and communities b…

O＆M

Mitsubishi Power Launches Global AI Hubs to Enhance Asset O&M

Mitsubishi Power is launching five remote operations and maintenance analytics centers in cities around the world to utilize artificial intelligence to improve …

Energy Storage Battery

Superfast-Charging Aluminum-ion Batteries Outpower Lithium-ion

Australian company Graphene Manufacturing Group has announced exciting performance test results for a new type of aluminum-ion battery that can charge 10X faste…

Electric Vehicle Charging

India: HPCL & Tata Sign EV Partnership

Hindustan Petroleum Corporation Limited has signed an agreemnt with Tata Power, to provide end-to-end EV charging stations at HPCL’s retail outlets in multiple…

Energy Security

Chinese Cities Face Power Outages As Economic Rebound, Heat Put Grids Under Pressure

Power consumption hit an all-time high last week and 11 provinces saw peak-load surges, State Grid says

Hydrogen Project

Two Cities Pair Up as World's First Hydrogen Municipalities

In an historic moment for hydrogen energy, the Mayors of Namie, Japan, and Lancaster, California, pursue steps to develop a "Smart Sister Cities" relationship c…