Cte

Market Analysis

Hydrogen Demand to Rise to 140m Tonnes in 2030

Yearly demand for hydrogen is expected to rise from about 90-million tonnes today to 140-million tonnes in 2030, with green hydrogen having a 20% share.

Coal Trade

Special Coal Transportation Trains Expected to Ease Power Crunch

Due to a slew of overlapping factors such as rapid economic recovery, swift foreign trade and rising coal price, west China's economic hub of Chongqing has face…

Wind Power Project

Acwa Power been Awarded 1.1GW Wind Power Project in Egypt

Saudi Arabia’s ACWA Power has been selected to develop 1.1GW of wind power in Egypt, the developer revealed in its first quarterly results since launching its …

Oil&Gas Drilling

Japanese Jack-up Rig Begins Vietnamese Drilling Job

Subcontracted by PetroVietnam, a Japan Drilling Company-owned jack-up rig has started drilling operations in waters offshore Vietnam.

Hydropower Plant

US $1.9 bln Suki Kinari Hydropower Project to Become Operational by Year

The 884 MW Suki Kinari Hydropower Project, being constructed with US $ 1.9 billion cost under China-Pakistan Economic Corridor, would be operational by 2022.

Energy Security

Early Winter Snow in Northern China Threatens to Deepen Energy Crisis

Colder weather expected to head south after Beijing and other areas hit by early snow as a result of the La Niña climate phenomenon

Energy Storage System

Batteries to Power Queensland Jobs

Energy Queensland is calling for expressions of interest from supply companies to be part of a preferred supplier panel for possible future supply of large batt…

Energy Transition

Accelerating the Global Energy Transition for a 1.5°C Future

“Placing priority on the people most affected, opens an opportunity to transition from an economy focused model of development into an integrated model that co…

Crude Oil

Biden “Looking at” Tapping Strategic Oil Reserve, Energy Secretary Says

U.S. President Joe Biden “is looking at” a potential release from the Strategic Petroleum Reserve to bring down gasoline prices after OPEC+ rejected his reque…

Oil Price

LNG Prices Soar To New Record In China

There is one recurring problem with central planning: the greater the level of intervention, the worse and more widespread the unexpected adverse consequences.

Coal Production

Spanish Coal-Fired Output at Highest Since January

But further upside potential for coal is expected to remain very limited, as most existing plants are on track to be permanently closed.

Crude Oil

OPEC Rejects Biden’s Call for More Oil

OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasolin…

Wind Power Project

SOUTH AFRICA: 25 New Green Energy Projects Launched Under REIPPP

Twenty-five projects have been selected for a planned capacity of 2,583 MW.

Energy Storage Battery

Maoneng Receives Approval for Battery Project in South Australia

The battery project is expected to improve the reliability of the state's electricity grid.

Energy Investment

Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments

President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.