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Dec
CNOOC
Chinese Oil Major CNOOC Targets Record High Production This Decade
CNOOC set its production target at 600 million to 610 million barrels of oil equivalent (boe) for 2022, up from the 2021 target of 545-555 million boe
Oil Price
Oil Prices Inch Higher Despite Large Gasoline Build
Crude prices dipped slightly before jumping again after the Energy Information Administration reported an inventory decline of 4.6 million barrels for the week …
Hydrogen Project
Germany to Significantly Boost Renewable Energy Technologies with Hydrogen Set to be Central to Decarbonisation
Germany is set to significantly boost its renewable energy sector by supporting innovative technologies to reduce the nation’s climate footprint with hydrogen …
CCS
Cresta, Lapis Energy to Collaborate on Carbon Capture Project
US-based Cresta Fund Management will work with carbon capture and storage specialist Lapis Energy LP to develop and deploy technology that will help decarbonise…
Hydrogen Project
Foton Links with BOC in Hydrogen Bus Push
China-backed Foton Mobility has teamed up with industrial gases company BOC as it looks to accelerate the roll-out of hydrogen buses in Australia and New Zealan…
Offshore Wind Power
UK Firm Pursues Massive Wind Farm off Perth’s Coast
There may be up to 50 wind turbines on the horizon off Perth later this decade if Flotation Energy realises its plan for a 500-megawatt wind farm.
Solar Power Plant
South Korea Boosts Nigeria’s Solar Projects With $12.4m
South Korea has earmarked $12.4 million to finance the installation of solar mini-grids in rural areas of Nigeria.
Offshore Wind Power
Jan De Nul has Launched Its Next Generation Offshore Wind Installation Vessel
An important milestone has been reached in the construction of Les Alizés, a next generation floating offshore installation vessel for offshore renewables and …
Market Analysis
EDF’s Scottish Nuclear Power Plant Hunterston B to Close After 46 Years
EDF’s Hunterston B nuclear power plant in Scotland will close on Friday after some 46 years of operation, the company said.
Energy Storage Battery
Decommissioned Audi EV Batteries used in 4.5MWh Stationary Energy Storage System in Germany
Used lithium-ion batteries taken from carmaker Audi’s electric vehicles have been repurposed into a ‘second-life’ stationary energy storage system by energy …
Nuclear Power Plant
First Concrete for Unit 2 of China’s San'ao Nuclear Power Project
First concrete was poured on 30 December for unit 2 of China’s of the San'ao Nuclear Power Project in Zhejiang Province.
Solar Power Panel
Zhonghuan Further Reduces PV Wafer Prices
The manufacturer also provided the price of its M10 product for the second time, which is being offered at RMB8.31, up 7.9% from the beginning of December.
Electricity Transmission
Bulgaria's YTD Power Output Grows 17%, Consumption up 4%
Bulgaria’s electricity production rose by 16.87% year-on-year to 46,942 GWh in the period from January 1 to December 26.
Carbon Emissions
China Mandates State Companies To Reduce Energy Consumption
Chinese authorities have asked that state companies reduce their energy consumption and carbon dioxide emissions by 2025 compared to 2020 levels as part of Chin…
Hydrogen Project
Korea Gas Corp. Looking to Supply 1.03 Million Tons of Hydrogen in 2030
As a first step toward realizing the plan, it broke ground for the construction of a hydrogen production base in Gwangju on Dec. 2.
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