Citi

Japan

Japan Set to Release Radioactive Fukushima Water Into The Sea

Japan will release a million tons of water used in the Fukushima nuclear power plant into the sea, citing Japanese media.

Energy Investment

Jordan to Leverage €1.4 million EIB Grant to Boost Municipal Efficiency Programmes

In Jordan, the European Investment Bank has signed an agreement with Cities and Villages Development Bank to support the implementation of the CVDB – Municipal…

Oil & Gas Trade

Iraqi Oil Ministry Denies Deal to Up Oil Exports

Iraq's oil ministry on Thursday denied a media report citing Oil Minister Ihsan Abdul Jabbar as saying an agreement was imminent with the OPEC+ group to increas…

Electric Vehicle Battery

BMW Group Plant Leipzig to Start Battery Module Production in 2021

The BMW Group is further expanding its Germany-based production capacities for electric drives.

Ireland

1,000 New Hydrogen-Powered Buses Planned for European Roads

The H2Bus Consortium is now on track to deploy 1,000 hydrogen fuel cell electric buses, along with supporting infrastructure, in European cities at commercially…

Crude Oil

Venezuela Prepares To Boost Oil Production With Iranian Help

Venezuela is preparing to ramp up its crude oil production using diluents imported from Iran, citing unnamed sources and company documents.

Turkey

Virtual Power Plant in Turkey Balances Renewables with Geothermal Capacities

Five geothermal power plant operators joined Pure Energy’s pool and now the electricity trader can optimize its operations in Turkey with the steady source via…

Hydrogen Fuel Cell

Utility-Scale Fuel Cell Technology to Power South Korea’s Historic Cities

Bloom Energy is partnering with SK Engineering and Construction to deploy two new clean energy facilities with fuel cell technology in Gyeonggi Province.

Crude Oil

Mexico CoMexico Could Be Forced To Cut Oil Production Target For 2021

Mexico will likely cut its crude oil production targets for next year, citing a ruling party lawmaker in Mexico.

Oil & Gas Trade

Libya Set To Export First Crude From Oil Ports Since January

Two tankers will be the first since January this year to load oil for export at the Libyan port of Brega, citing unidentified source in the know.

Solar Power Plant

Citicore Plans Solar Projects to Turn Out 1,500MW

Citicore Renewable Energy Corporation, subsidiary of Filipino firm Citicore Power, targets to ramp up its solar farm developments for an aggregate capacity that…

IEA Lowers 2020 Oil Demand Forecast Citing Dismal Aviation Sector

The International Energy Agency (IEA) cut its 2020 oil demand forecast on Thursday, warning that reduced air travel due to the coronavirus pandemic would lower …

United States

IEA Lowers 2020 Oil Demand Forecast Citing Dismal Aviation Sector

The International Energy Agency (IEA) cut its 2020 oil demand forecast on Thursday, warning that reduced air travel due to the coronavirus pandemic would lower …

Electric Car

Israel Expects Half Of New Cars Sold In 2030 To Be EVs

Israel is preparing for a massive roll-out of electric vehicles on its roads over the next decade and is instructing its cities to build hundreds of charging po…

Saudi Arabia

Saudi Arabia’s Oil Exports Fall 65% in May, WTI Regains $42

Citing official data, Oil exports from Saudi Arabia, the OPEC’s top producer, fell by 44,277 million riyals (USD12 billion) or 65.0% in May 2020.