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Coal Trade

Seoul to Strengthen NDC, Suspend Foreign Coal Financing

South Korean president Moon Jae-In has declared Seoul's intention to strengthen its NDCs and to suspend all public financing for new coal plant projects abroad …

Energy Investment

Egypt’s Kom Ombo Solar Plant Receives Funding

The European Bank for Reconstruction and Development, the OPEC Fund for International Development.

Paris Climate Agreement

Siemens Energy’s Decarbonisation Targets Confirmed

As one of the world’s leading energy technology companies, Siemens Energy welcomes the verification of its emission reduction targets by the renowned Science B…

Crude Oil

Rystad Energy Sees Oil Demand Peaking In 2026

The accelerating adoption of electric vehicles and electrification in other oil-consuming sectors is set to bring peak oil demand as early as 2026 at 101.6 mill…

Crude Oil

OPEC+ Unlikely To Drastically Change Oil Pact Next Week

The OPEC+ group is unlikely to make any material changes next week to the plans to ease the production cuts over the next three months.

Oil Price

Angola May Privatize State-Owned Oil Firm To Boost Production

OPEC member Angola was Africa’s top oil producer six years ago when oil prices crashed in 2015-2016, slashing oil-producing countries’ revenues and forcing in…

Digitalization

Kazakistan to Explore Satellite Networks for Digital Transformation Project

The government of Kazakistan has signed a new deal with communications solutions firm SES to explore the use of the company’s connectivity services to accelera…

Video: China's President Xi Jinping Speaks at the Boao Forum

China's President Xi Jinping has called for a more fair and equitable world order in a clear message to the United States.

China

President's Boao Speech Wins Praise Overseas

Experts from around the world applauded President Xi Jinping's keynote speech on Tuesday at the Boao Forum for Asia annual conference, where he called for uphol…

Thermal Plant

Stone City Energy to Build Power Plant in Uzbekistan

Uzbekistan's Ministry of Energy has signed a $1.2bn deal with Dutch-registered company Stone City Energy for a gas turbine power plant.

Energy Technology

Greenpeace Chides Alibaba and GDS on Energy as China Tech Cleans Up

The group blasted China's biggest tech company and its biggest independent data center operator for emissions opaqueness and dearth of renewable commitments.

Hydrogen Project

Dominion Energy Advances Hydrogen As Clean Energy Source

Dominion Energy will continue its transformation to clean energy by investing in multiple pilot programs using hydrogen as an energy source, as well as sponsori…

LNG

Japan Backs LNG Project Financing Ahead of Biden Climate Change Summit

State-owned Japan Oil, Gas and Metals National Corporation said April 20 that it will step up financial support for LNG projects and enhance its market informat…

Oil & Gas Trade

Japan Eyes Vietnam for ASEAN Oil-Sharing Deal

Japan is targeting Vietnam for what will be its first oil-sharing deal with a Southeast Asian nation as Tokyo attempts to ensure an uninterrupted supply of petr…

Wave Energy

Mocean Energy Announces New Wave Energy Technology

Wave power specialists, Mocean Energy, have unveiled the company’s Blue X wave energy prototype which will take to the seas in Orkney, Scotland, in May 2021.