Du

Oil Price

Oil Price Crash Causes Major Recession In Russia

The oil price crash that Russia helped create, along with the coronavirus-driven global recession, will result in Russia’s economy shrinking this year by the m…

China Energy

Sinopec's Tianjin Terminal Takes More LNG in 1H 2020

China's state-owned Sinopec received more LNG cargoes at its 6mn t/yr Tianjin LNG import terminal in northern China during the first six months of this year com…

Crude Oil

Libya Needs Months to Restore Output: Sanalla

Libya's crude production will take months to return to near the 1.22mn b/d achieved prior to blockades that froze all of the country's onshore crude output in J…

Electricity Transmission

Combined Generation Saves RWE During Network Failure

Two energy generation plants owned by RWE in the UK have been used to ensure secure energy supply following a network failure which would have caused grid insta…

Hydrogen Fuel Cell Vehicle

Hyundai Ships 10 XCIENT Fuel Cell heavy-Duty Truck to Europe for Commercial Use

Hyundai Motor Company shipped the first 10 units of the Hyundai XCIENT Fuel Cell, the first mass-produced fuel cell heavy-duty truck, to Switzerland.

Coal Trade

Germany Passes 2038 Coal Exit Law with Compensation

Germany has passed legislation to end coal-fired power generation by 2038 at the latest and agreed on a shutdown schedule for individual lignite power plants.

Solar Company

JinkoSolar Wins Bifacial Solar Modules Supply Contract in Chile

Chinese photovoltaic manufacturer JinkoSolar Holding has secured a 126MW solar module supply contract in Chile.

Solar Power Plant

Floating Solar Farms Make Waves in Southeast Asia

They can help insulate coal-importing ASEAN countries from volatile fuel prices.

Electric Car

Buick to Introduce VELITE 6 PHEV in China

Buick is adding the VELITE 6 plug-in hybrid electric vehicle to its new energy vehicle portfolio in China.

EV Market

UN Report Highlights Urgent Need to Tackle Impact of EV Battery production boom

The market for rechargeable car batteries, currently estimated at $7 billion, is forecast to rise to $58 billion by 2024.

LNG

Japan Bets Big on Mozambique Liquefied Natural Gas

The money will fund the development of a gas field in the African country to produce some 12 million tons of LNG annually.

Nuclear Power Plant

NEA: Reduce Costs of Nuclear Power to Achieve Clean Energy Goals

It is time for action if countries around the world are to meet their decarbonisation and energy security policy goals.

Wind Turbine

LCM's New Lightweight Wind Turbine Blade to Disrupt Offshore Sector

The Lightweight Manufacturing Centre, as part of a consortium, is developing an ultralight and sustainable wind turbine blade that will produce up to 9% more en…

Market Analysis

Big Oil Confronts Possibility of Terminal Demand Decline

Although crude prices have rebounded from coronavirus crisis lows, oil execs and experts are starting to ask if the industry has crossed the Rubicon of peak dem…

Oil & Gas Trade

Poland and Germany to Cut Russian Pipeline Oil Imports in July

Poland and Germany are set to reduce purchases of Russian flagship Urals crude blend via the Druzhba pipeline this month after Moscow cut its oil output along w…