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South Korea

South Korea: Hyundai Oilbank Sells Storage Terminal Business

Hyundai Oilbank will sell off a majority stake in its oil storage terminal in Ulsan, on the country's southeast coast, to help fund its green energy projects.

Oil Pipeline

OMV: Nord Stream 2 Could Start Shipping Gas This Year

The Russia-led Nord Stream 2 natural gas pipeline could begin shipping gas as soon as this year, one of the western investors in the project

Nuclear Power Plant

Romania's Cerrnavoda NPP Unit 2 disconnects from Grid

Nuclearelectrica, the operator of Romania's sole nuclear power plant Cernavoda.

Nuclear Power Plant

Taipower Applies to Decommission Maanshan Nuclear Nlant

The plant’s 40-year license expires in 2025.

Nuclear Power Plant

Russia Assembles Upper Half-Shell of the Reactor for Tianwan 7

Russia’s AEM-Technologies has assembled the upper half-shell of the reactor for unit 7 of the Tianwan NPP in China

Nuclear Power Plant

Qinshan Plant to Supply District Heating

China National Nuclear Corporation has launched a district heating demonstration project at the Qinshan nuclear power plant in Zhejiang Province.

Market Analysis

China’s Offshore Wind Power Add 2.15 million kilowatts of Grid-Connected Capacity in H1 2021

China’s offshore wind power added 2.15 million kilowatts of grid-connected capacity, a year-on-year increase of 102.0%.

China

Sinopec's million-ton Ethylene Project is About to Put into Production

At present, Sinopec has a comprehensive crude oil processing capacity of 9.2 million tons/year in Hainan.

Hydrogen Project

Is Hydrogen the New Oil?

Hydrogen may have lost the race to fuel electric cars but looks a likely contender to replace fossil fuels in trucks, ships, planes and heavy industry.

Crude Oil

Russia Was World’s Second-Largest Oil Producer In H1 2021

Russia was the world’s second-largest producer in the first five months of this year after the United States, data from Rosstat, the state statistics bureau, h…

Nuclear Fuel

Start-up of Japanese Used fuel Store Delayed

Recyclable-Fuel Storage Company Ltd now expects its interim used fuel storage facility in Mutsu, Aomori prefecture, to begin operating in fiscal year 2023.

Nuclear Power Plant

Rooppur Unit 1 Dome Installation Starts

The dome of the inner containment shell of unit 1 of the Rooppur nuclear power plant in Bangladesh is now being installed, Rosatom announced yesterday.

Energy Storage Battery

China's June Lithium Hydroxide Exports Push Higher

China's lithium hydroxide exports increased to a six-month high in June, driven by the rapid development of high-nickel ternary lithium-ion batteries in South K…

Italy

Prysmian Energy Earnings Rise 12% in H1 2021

Growth attributed to volume increases and cost efficiency measures

Power Cable

Prysmian Wins Gode Wind and Borkum Cable Contract

€60m+ deal with Orsted to design, supply, terminate and test inter-array systems