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United States

New Study by Leading Renewables Consultant ArcVera Shows Texas Icing Event Led to Over $4 Billion Financial Loss for Wind Farms

Study points to shortcomings in the hedged financial structures, with asymmetric price risk leading to significant losses for wind farm operators and gains for …

Hydrogen Transport

European Hydrogen Plans Expand, With 40,000 Km Pipeline Network by 2040

Industry association EHB has recently updated its vision for a dedicated hydrogen transport infrastructure across Europe, now proposing to build an 11,600 km hy…

Energy Technology

Crude Oil Catalytic Cracking Technology Realizes the World's First Industrial Application

Recently, the catalytic cracking technology of crude oil independently developed by the Research Institute of Petrochemical Industry is being tested in Yangzhou…

Market Analysis

How Safe is Fukushima’s Waste Water Disposal Plan?

Three independent UN human rights experts have expressed concern over Japan’s decision to discharge potentially radioactive water into the Pacific Ocean.

United States

New York Commits to 20 Renewables Projects Under 2021 Climate Plan

As part of efforts to mitigate climate change by leveraging clean energy resources, New York state will be developing more than 20 renewable energy infrastructu…

Oil Field

Israeli Firm to Sell Gas Field Stakes to UAE Company: Statement

Delek is seeking to sell its stake in Tamar, a huge gas field under the Mediterranean some 80 kilometres off the coast of northern Israel

Natural Gas

South Korean Steelmaker POSCO Defends Myanmar Gas Business

About 20 per cent of the Myanmar gas business was used for local consumption including electricity production, contributing to the lives of ordinary people, it …

Oil & Gas Trade

China-Philippine Gasoil Flows Hit Record High in March

China exported a record amount of gasoil to the Philippines in March, as refinery shutdowns in the southeast Asian country supported import demand.

United States

US Energy Secretary Urges Oil Sector to Diversify

Oil companies that are slow to shift toward cleaner energy source risk of being left behind as the world reduces carbon emissions, US energy secretary Jennifer …

Energy Investment

South Korean and Chinese EV Battery Companies Competing in Hungary

South Korean EV battery companies are increasing their investments in Hungary rapidly, and yet it is China that made the largest investment in the industry in H…

Natural Gas

Shifting Senegal’s Electricity Generation from Heavy Fuel to Gas

The Mauritius Commercial Bank has provided $60 million funding to fuel Senegal’s national electrification and gas use ambitions.

Carbon Emissions

EU ETS Covered Emissions Record Biggest Drop in Six Years

Greenhouse gas emissions from operators covered by the EU Emissions Trading System in 2020 fell by 13.3% against 2019.

Nuclear Fuel

Sri Lanka Expels Ship Carrying Nuclear Material for China

Sri Lankan authorities on Wednesday expelled an Antigua-registered ship that entered the island's territory without declaring a radioactive cargo bound for Chin…

Clean Coal

Eastern Mining Company Present Concept of ‘Green Coal Cluster’

VGK, one of the ten largest coal mining companies in the Russian Federation, intends to create a ‘Green Coal Cluster’ in the Uglegorsk District of the Sakhali…

Solar Company

Study Reveals LG Solar As One of the Top 3 Most Popular Solar Brands in Europe

The 100 installers surveyed shared the same views as the homeowners, recognising LG as the supplier with the highest quality products, best value for money and …