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Oil & Gas Trade

Iraq Confirms $2bn Oil Prepayment Agreement with Chinese Firm

The Chinese firm will pay for a full year's worth of crude prior to loading shipments

Wind Power Project

Vestas Lands 500MW Turbine Deal in Columbia

Danish supplier notches first contract for EnVentus units in Latin America.

Market Analysis

Wood Mackenzie’s Top Ten Predictions for Energy in 2021

Wood Mackenzie analysts on what we should expect in energy in the coming year, from oil markets to solar costs and coal exports to EVs.

Oil & Gas Trade

New Year OPEC+ Meeting to Decide Oil Production Levels

The OPEC+ ministerial meeting comes after oil consumption tanked in 2020 due to the Covid-19 pandemic and a price war between Saudi Arabia and Russia.

Nuclear Policy

Iran Plans 20% Uranium Enrichment 'As Soon As Possible'

The move comes amid heightened tensions between Iran and the U.S. in the waning days of the administration of President Donald Trump, who unilaterally withdrew …

Electric Car

China Cuts Subsidies on NEVs for Healthier Development

China will cut subsidies on new energy vehicles starting Friday to promote the healthy development of the industry, said a circular posted on the official websi…

Hydrogen Project

Russia Looks To Become Leader In Hydrogen Tech

Russia’s mineral and energy wealth has given it a second chance in global affairs after the Cold War and the implosion of the Soviet Union.

Blockchain

Three Novel Blockchain Projects in the Energy Sector

An auditing system, clean energy loan fraud and biomass traceability are among the novel blockchain use cases currently emerging.

Thermal Coal

China Thermal Coal Futures Set for Biggest Monthly Rise in 3 Years

Zhengzhou Commodity Exchange thermal coal futures are up nearly 12% this month and on course for their biggest monthly gain since January 2018

India

Energy Demand Improvement Slows Down in Nov: India Ratings

This was due to the early onset of winters impacting demand from the northern region

Solar Power Plant

Capital Dynamics Completes AVSE II Solar Project Acquisition

Capital Dynamics’ Clean Energy Infrastructure business has completed the acquisition of the remaining 69.98% interest in the Arlington Valley Solar Energy II, …

United States

Biden to Rescind Trump's Last-Minute Rulemaking

President-elect Joe Biden plans to act quickly upon taking office to block pending regulations issued by his predecessor and to rescind executive orders issued …

Oil & Gas Trade

ExxonMobil and Vopak Sign MoU for South Africa’s LNG Feasibility

Affiliates of Exxon Mobil Corporation and Royal Vopak (Vopak) have signed a Memorandum of Understanding to work together on a feasibility study to assess the co…

Wind Farm

Enercon Installs E-138 EP3 Wind Turbines for Metafor Wind Farm in Turkey

The completion of the Metafor project in the province of Bingöl means ENERCON has now installed more than two gigawatts of power in Turkey.

Xebec Announces Acquisition of HyGear, Inmatec

Xebec Adsorption Inc. in December announced the launch of its hydrogen strategy with the acquisition of HyGear.