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Crude Oil

Russia’s Crude Oil Exports Drop 10% In January-October

Due to lower demand and the OPEC+ deal, Russia’s crude oil exports declined by 10.4 percent in volume year over year in January to October, data from the Russi…

Energy Storage Project

Hannon Armstrong Invests in 1.6-GW Wind-Solar-Storage Portfolio

Hannon Armstrong Sustainable Infrastructure Capital Inc has committed to invest about USD 663 million in a large renewable energy portfolio developed by Clearwa…

Solar Power Plant

Uzbekistan Reveals Second Solar Project for Sherabad

Tender for the power station to be issued next year.

WorldEnergy Wishes You A Happy Holiday Season!

WorldEnergy wish you a merry Christmas, may you harvest love and happiness!

Wind Farm

Siemens Gamesa Strikes Deal for 465 MW Onshore Wind Farm in Brazil

Wind power firm Siemens Gamesa has announced plans to develop a 465 MW wind farm in Brazil, which will feature its newest and most powerful wind turbines.

Nicaragua

Nicaragua Reaches 98.5% Electrification Rate and 75% Renewables Supply

Nicaragua reached over 75% renewables supply in 2020, of which half was from local resources.

Oil Pipeline

Nord Stream 2 to Start Laying Gas Pipes in Danish Waters

The Russia-led Nord Stream 2 consortium is expected to start laying gas pipes in Danish waters after construction was suspended for a year owing to the threat o…

Market Analysis

Nuclear Still Critical in Meeting Carbon neutrality goals: WoodMac

This is particularly true for China, Japan, and South Korea.

Oil&Gas Drilling

Pacific Drilling to Emerge from Bankruptcy by Year-End

Offshore drilling contractor Pacific Drilling expects to emerge from Chapter 11 bankruptcy by year-end following the confirmation of its prearranged plan of reo…

China

China's Exports of Low-Voltage Electrical Appliances have been Increasing

According to China Customs statistics, China's exports of low-voltage electrical appliances in the first 10 months of 2020 were US$13.73 billion, a year-on-year…

Energy Storage Material

Researchers Design a Novel Method for Modifying the Structure and Properties of Graphene

An international research team from China, France, Canada, Denmark and the UK has demonstrated a novel process to modify the structure and properties of graphen…

Combined cycle power plant

Doosan Heavy Bags Order for Combined Cycle Power Plant in Guam

Doosan Heavy Industries & Construction has recently won an order for a 620 billion won combined cycle power plant project in Guam.

Electric Car

SK Innovation to Make Massive Investment in Battery Business in U.S.

SK Innovation will invest about 1.1 trillion won to build a second battery plant in Georgia despite the spread of the new coronavirus.

LNG

Korean Shipbuilders Enjoying Brisk New Order Intake at Year-end

Korean shipbuilders are enjoying a brisk new order intake at the year-end.

Carbon Emissions

Exxon Pledges to Reduce Emissions, but the Details Suggest Nothing Has Changed

Under investor pressure, the company retreated from its refusal to join other oil giants in pledging reductions, with a plan that suggests it will continue busi…