Dec

Natural Gas

POSCO International to Explore New Gas Fields in Myanmar

POSCO International has decided to invest 108.6 billion won to explore new gas fields in Myanmar.

Nuclear Power Plant

UK's Hinkley Point B to be Retired by July 2022

EDF announced today its "proactive decision" to move the Hinkley Point B nuclear power plant into the defuelling phase, no later than 15 July 2022. The plant, w…

Paris Climate Agreement

Halliburton to Set Science-Based Emission Reduction Goals

Oilfield services provider Halliburton Co said on Thursday it would set greenhouse gas emission reduction targets in line with what the latest climate science o…

Paris Climate Agreement

US Emissions to Drop 9% in 2020, Putting Country Back on Track for Paris Commitment

But sustained annual carbon reductions will require deeper structural changes.

Gas turbine engine

Ansaldo Unveils Italy’s Biggest Ever Gas Turbine

After seven years of planning and construction comprising more than 3.7 million man hours, Ansaldo Energia has unveiled its latest gas turbine – the largest an…

Offshore Wind Power

BOEM Delays Vineyard Permit Decision

Federal agency pushes back long-awaited consent call from December to January.

Rosatom

International Leaders to Discuss Human-Centric Sustainability at “Energy for Impact” Conference

On December 1-2, 2020 the first Global Impact Conference “Energy for Impact” will discuss human-centric solutions facilitating steady growth of the global eco…

Coal Trade

South Korea's Coal Imports Fell 12.8 Percent year on year from January to October 2020

From January to October 2020, South Korea imported 102.341 million tons of coal, a year-on-year decrease of 14.971 million tons or 12.8%.

LNG

Mexico's Costa Azul Takes First LNG Project FID of 2020

US firm Sempra Energy has taken a final investment decision (FID) on its Energia Costa Azul LNG export terminal in Mexico, making it the first liquefaction proj…

India

India Experienced First Decrease in Carbon Emissions in Four Decades

Saw a 15 per cent decrease in March and a 30 per cent decrease in April 2020.

Distributed Solar

EESL Signs Pact with Goa Govt for Decentralized Solar Power Projects

Energy Efficiency Services Ltd, a joint venture of state-run firms under the power ministry, today signed an agreement with the Goa government to implement dece…

RCEP

Biden Says U.S., Allies Need to Set Global Trade Rules to Counter China's Influence

U.S. President-elect Joe Biden said on Monday the United States needed to negotiate with allies to set global trading rules to counter China’s growing influenc…

Market Analysis

Rystad: Discovered Oil and Gas Resources to Reach 10 Billion Boe in 2020

Despite concerns that Covid-19 could drive down discovered volumes to their lowest levels in decades, exploration activity has been resilient this year with dis…

Electricity Transmission

High-Voltage Line Between France and Britain Begins Power Transfers

A new high-voltage power line between France and Britain started active power transfers on Monday that will last until the beginning of December, French grid op…

Carbon Neutral

Shinhan Declares 'Zero Carbon' Drive

Shinhan Financial Group has declared its vision to go carbon-neutral by 2050, the first such move by a financial services firm in Southeast Asia, according to t…