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Energy Taxation

Basic Customs Duty Expected to Increase Solar bid Tariffs by up to 50 Paise per Unit: ICRA

Basic customs duty of 25 per cent and 40% on imported solar cells and modules, respectively, is likely to result in an increase in solar tariffs.

Thermal Coal

South Korean Coal Imports Rebound in February

South Korean thermal coal imports rose in February, supported by utility restocking and greater Australian supply.

Oil Field

Equinor Gets Go-Ahead to Drill North Sea Well Duo

Norwegian offshore safety agency, the Petroleum Safety Authority Norway (PSA), has given Equinor consent to drill two exploration wells offshore Norway, using t…

Oil & Gas Trade

Israel's Leviathan to Sell 10bn m³ of Gas in 2021

Israeli upstream firm Delek Drilling expects its 649bn m³ Leviathan field to sell around 10bn m³ of gas this year, up from the 8.9bn m³ forecast in July last…

Oil Refinery

Petron to Restart Philippine Refinery by 2H 2021

Philippine private-sector firm Petron plans to resume refining activity at its 180,000 b/d Bataan refinery by the second half this year on expectations of a sig…

Coal Trade

Vietnam's Coal Imports Fall Further in February

Vietnamese coal imports slipped for a third straight month in February from a year earlier as industrial activity slowed amid the lunar new year holiday and a r…

Electric Car

Volvo India to Exit Diesel, Plans to go Full Electric

Swedish luxury carmaker Volvo will be phasing out diesel cars from India by the end of this year and gradually move over to only electrics as the company works …

OPEC

India Asks Refiners to Diversify, Cut Reliance on Middle East Oil After Opec+ Decision

India, hit hard by the soaring oil prices, has urged producers to ease output cuts and help the global economic recovery

Solar Power Panel

Chinese Firm BYD Increases Solar Panel Production in Brazil

Demand for solar power equipment has risen in Brazil as solar energy had the highest growth in the country last year, outpacing thermal and wind energy.

Wind Power Project

Siemens Energy Picks Ups Chinese Deal

Firm will install 22 units of distribution transformers at Yuhuan Offshore Wind Power Project Phase 1

Wind Turbine Blade

GE to Build UK Haliade-X Blade Factory

GE Renewable Energy has confirmed it will build a new offshore blade manufacturing plant on Teesside in north-east England.

Nuclear Power Plant

Presidents of Russia and Turkey Give Start to Full-Scale Construction of Akkuyu NPP Unit 3 During a Ceremony Via Videoconference

10 March, 2021, Büyükeceli, Mersin Province, Turkey. A ceremony commemorating the start of Unit 3 construction was held at the site of the first Turkish nucle…

Nuclear Reactor

Rosatom Targets 24 New Reactor Units in Russia by 2045

Rosatom has announced that implementation of Russian President Vladimir Putin's decision to increase the share of nuclear power in the country's energy mix to 2…

Nuclear Power Plant

First Concrete Poured for Akkuyu Unit 3

Rosatom announced today that first concrete has been poured for the third unit of the Akkuyu nuclear power plant under construction in the Mersin province of Tu…

Geothermal Power Plant

Permit Revoked for Geothermal Project Near Freiburg, Germany

The regional council of Freiburg has revoked the permit of Geysir Europe GmbH to explore for geothermal energy and brine in Neuried near the city of Freiburg in…