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Dec
Crude Oil
Cambodia Prepares To Produce Its First Oil
As Asian oil demand looks set to increase over the next decade, Cambodia is taking advantage of the opportunity with its first crude oil production.
Oil & Gas Trade
New Year OPEC+ Meeting to Decide Oil Production Levels
The OPEC+ ministerial meeting comes after oil consumption tanked in 2020 due to the Covid-19 pandemic and a price war between Saudi Arabia and Russia.
United States
Biden to Rescind Trump's Last-Minute Rulemaking
President-elect Joe Biden plans to act quickly upon taking office to block pending regulations issued by his predecessor and to rescind executive orders issued …
China
China Datang and Sinar Mas Held Completion Ceremony of PMU Acquisition
On December 23, China Datang Co., Ltd. and Sinar Mas Group held a video ceremony of PMU acquisition.
Xebec Announces Acquisition of HyGear, Inmatec
Xebec Adsorption Inc. in December announced the launch of its hydrogen strategy with the acquisition of HyGear.
Hydropower Plant
$400m Investment Inked for Another Hydro Project
Only infrastructure projects declared by the Council for the Development of Cambodia or an entity authorised by the Cambodian government of Cambodia can be the …
Microgrid
Bloom Energy Explores Hydrogen as 100% Renewable Option for Fuel Cell Technology
Asim Hussain, vice president of commercial strategy and customer experience at Bloom Energy, took time out during Microgrid 2020 Global to chat with Elisa Wood,…
Coal-Fired Power Plants
AES Gener Accelerates Closure of Chile Coal Plants
AES Gener accelerated the decommissioning of two coal-fired power stations in Chile, adding momentum to the country's decarbonization drive.
Coal-Fired Power Plants
RWE Power Takes First Plant off Grid – Unit D in Niederaussem
From 31 December 2020, RWE Power will decommission the 300-megawatt Unit D at its Niederaussem lignite power station.
South Korea
South Korea-U.K. FTA About to Take Effect
The Ministry of Trade, Industry and Energy announced on Dec. 30 that the South Korea-U.K. FTA would become effective at 8:00 a.m. Jan. 1.
Oil Price
Oil Jumps On Significant Crude Inventory Draw
Crude oil prices rose further today after the Energy Information Administration reported an oil inventory draw of 6.1 million barrels for the week to December 2…
Nuclear Power Plant
China: Hot Test of Tianwan Nuclear Power Unit 6 Ended Successfully
On December 29, 2020, the hot test of Tianwan Nuclear Power Unit 6 was successfully concluded, marking a successful end to 2020 and bringing more hope for the u…
Oil Field
KrisEnergy Starts up Cambodia’s First Offshore Oil Field
KrisEnergy started producing oil from Cambodia’s first oil field in the offshore Block A concession on 28 December 2020.
Coal Trade
Australia Expects Coal Exports to Fall by 9% year-on-year in 2020
In the first three quarters, Australia exported 278 million tons of coal, a year-on-year decrease of 17.6 million tons or 6.0%.
Hydropower Plant
China's Largest Pumped Storage Plant: Last Unit of Jixi Pumped Storage Connected to the Grid
On December 20, the last unit of the Jixi Pumped-storage Power Station in Anhui Province was connected to the grid for power generation, marking that all 6 unit…
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