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Carbon Neutral

Renewable Energy Industry: Policies for Carbon Neutrality Confirmed

Korea’s 5th Renewable Energy Basic Plan has been confirmed.

Crude Oil

Cambodia Starts First Crude Oil Production After Years of Delays

Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore’s KrisEnergy Ltd and the government, both…

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.

Electricity Transmission

Nation to Build Over 600,000 5G Base Stations During 2021

China will build more than 600,000 5G base stations in 2021 as the nation accelerates the rollout of wireless technology, according to the Ministry of Industry …

Hydrogen Project

Snam Enters into Agreement for Boosting Green Hydrogen Mobility in Lombardy

FNM, A2A and Snam of Italy have agreed to further develop green hydrogen mobility in Lombardy by signing a memorandum of understanding.

Market Analysis

IRENA Publishes Green Hydrogen Report

Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Rene…

Coal Production

China Coal Output Hits Snags as Harsh Winter Begins

The Chinese central government's efforts to raise domestic coal output are facing further bureaucratic setbacks even as a nationwide "super cold snap" threatens…

Oil & Gas Trade

Angolan Crude Exports Confirmed Lower in February

The final version of Angola's February crude loading programme sets exports at 1.13mn b/d, down from 1.18mn b/d scheduled for January.

Electric Car

China's Sichuan Yahua to Supply LiOH to Tesla

Chinese lithium producer Sichuan Yahua Industrial has signed an agreement to supply battery-grade lithium hydroxide to US electric vehicle manufacturer Tesla.

LNG

China’s Sinopec Plans Record LNG Imports to Battle Cold Snap

Sinopec Corp pledged on Tuesday to maximise domestic gas productions and raise imports of liquefied natural gas to record rates as a cold spell hitting large pa…

Solar Power Plant

Capital Dynamics Offloads 108MW California PV Duo

Global private asset management company Capital Dynamics has completed the sale of a majority interest in its almost 108MW Beacon solar portfolio in the US stat…

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.

Oil Field

Lukoil Reaches Oil Output Milestone on North Caspian Sea Fields

Russian independent oil company Lukoil has exceeded a cumulative production of 35 million tonnes from its Yury Korchagin and Vladimir Filanovsky fields in the N…

Offshore Wind Power

Ørsted to Divest 50% Stake in 605MW Greater Changhua 1 Offshore Wind farm

Danish power company Ørsted has signed an agreement to divest 50% ownership stake in its 605MW Greater Changhua 1 Offshore Wind Farm in Taiwan to Quebec’s Cai…

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%.