Du

Crude Oil

Pakistan: Crude Oil Imports Surge 317pc in May

Imports of crude oil increased by a whopping 317 per cent in May which translated into higher than expected production of petroleum products by local refineries…

Cyprus

Cyprus, Lebanon Sign MoU on Oil, Gas Cooperation

Cyprus and Lebanon signed a memorandum of understanding here on Friday on cooperation in the energy sector.

Electric Vehicle Battery

Hyundai Motor to Improve Safety of Second Life Battery Energy Storage System

South Korea’s top automaker Hyundai Motor said Sunday it has signed a memorandum of understanding with safety standards company UL to strengthen the safety of …

Crude Oil

VLCC Owners Stand to Gain from OPEC’s Decision to Raise Crude Oil Production

Owners of the largest crude oil tankers stand to gain from the recent OPEC’s decision to increase production.

Solar Power Panel

Chinese Energy Products Boon for Kenyan Traders

Four shops of energy items line up the main road in Kitengela, a fast-growing residential and commercial hub, on the south of Nairobi, Kenya’s capital.

Energy Storage Battery

Lithium Miner's $6 million Battery Boost

Adelaide-based lithium developer Core Lithium has received a $6 million Federal Government grant to help it produce battery-grade lithium hydroxide.

Oil & Gas Trade

Iraq to Sell Lebanon 1 mil mt/year of Heavy Fuel Oil in Barter Deal

Iraq has agreed to sell Lebanon 1 million mt/year of heavy fuel oil in return for "goods and services" in a barter deal that should help OPEC's second-biggest p…

Energy Investment

Honduras Spends 52% more on Oil Imports in First 5 Months 2021

he increase in the oil bill in the first five months of 2021 is due to the rise in the international price of oil, influenced by the reactivation of the economi…

Hydrogen Project

Dutch Green Hydrogen Pilot Secures Government Backing

PosHYdon will involve the installation of a 1MW electrolyser on an oil and gas platform off Scheveningen

Natural Gas

Shell Cheers First Gas from Trinidad and Tobago Gas project

Oil major Shell has started production from Block 5C in the East Coast Marine Area, also known as project Barracuda, located in Trinidad and Tobago, marking a m…

Oil Field

CNOOC Brings Online Another Oilfield off China

Chinese oil and gas giant CNOOC Limited has started production from its Luda 29-1 oilfield, which is located offshore China.

South Korea

Ground Broken for Munmu Daewang Science Research Center

Ground was broken on July 21 for the construction of a large-scale nuclear research center that will focus on three areas -- small modular reactors, nuclear pow…

Floating Solar Project

Sunseap to Build World's Largest Floating Solar Farm in Indonesia

The floating photovoltaic system is expected to have a capacity of 2.2 gigawatt-peak (GWp), and will be located on the Duriangkang Reservoir in Batam Island spa…

Crude Oil

Russia Weighs Gasoline Export Ban

Russia is ready to introduce a ban on gasoline exports as soon as next week amid record-high wholesale prices on the exchange.

Market Analysis

China to Add 55-65 GW of Solar Power Capacity in 2021

China Photovoltaic Industry Association stated that in the second half of the year, vigorously developing clean energy has become a global consensus.