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Crude Oil

China Begins Releasing Oil from Its Strategic Reserves

China is releasing some oil from its strategic reserves days after the U.S. invited it to participate in a joint sale, suggesting the world’s two biggest oil c…

Crude Oil

EIA Sees Brent Oil Price Falling To Average $72 In 2022

EIA: Crude oil prices are set to decline next year from the current levels of around $80

Net Zero Emission

U.S. To Discuss Energy Transition With Mexico’s President

The United States will discuss energy and climate issues with Mexico as part of the North American Leaders’ Summit on Thursday, which will see Joe Biden and An…

Solar Cell

Hanwha to Invest in REC Silicon to Restart U.S. Polysilicon Production for Solar

Hanwha Solutions, the Korean company behind the Hanwha Q CELLS solar brand, plans to invest $160.47 million for a 16.67% stake in REC Silicon ASA.

Natural Gas

Lukashenko would not Dare Cut Gas Supplies to EU without Kremlin’s Permission

Belarus’ authoritarian President Alexander Lukashenko threatened to cut gas supplies to Europe transiting his country if the European Union imposed further san…

Wind Power Project

SOUTH AFRICA: French Company EDF Obtains the Construction of 3 Wind Farms of 420 MW

EDF Renewables, the subsidiary of the Électricité de France group, has been awarded the construction of three wind farms of 140 MW each in South Africa.

Solar Power Plant

ALGERIA: Sonatrach to Build a Solar Park for Its Oil Sites

The National Company for research, production, transport, processing and marketing of hydrocarbons will carry out on its own funds, a photovoltaic plant in the …

Hydrogen Project

China Key Player in Green Hydrogen Energy Push

Hydrogen energy is a potential game changer in the search for practical renewable power.

EV Market

Chinese Battery Maker CATL Opens Branch in Korea

A Chinese media outlet reported on Nov. 17 that CATL of China, the world's largest battery manufacturer, has opened a branch in Korea.

LNG

South Korea Dominating Global Floating Liquefied Natural Gas Facility Market

South Korea is dominating the global floating liquefied natural gas facility market.

Natural Gas

ADNOC Hands Out $1.5 billion in New Deals to Progress Mega Gas Project

UAE’s oil and gas giant ADNOC has awarded two engineering, procurement, and construction contracts totalling $1.46 billion (AED5.36 billion) for the Dalma gas …

Oil Field

Ecuador Clears Repsol to Sell Oil Blocks to New Stratus

Ecuador's government authorized Spain's Repsol to sell its 35pc operating stakes in two heavy oil blocks to Canadian independent New Stratus Energy.

Wind Power Project

Greek Developer Targets 90MW Polish Wind

Four projects have reached the licensing stage

Geothermal Power Plant

Drilling Kicking off for Patuha/ Dieng Geothermal Plant Expansion, Central Java

As part of news on geothermal production bonus payments to local administrations, which will increase the Regional Original Income (PAD), news emerge on the imm…

Natural Gas

Korea Gas' Oct LNG Sales Rise 16% on year Amid Nuclear Maintenance, Energy Transition

South Korean state-owned Korea Gas Corp.'s LNG sales rose 15.8% year on year to 2.655 million mt in October, a company official said Nov. 18, driven by the shut…