Economy

Crude Oil
Adnoc Distribution to Buy 15 Service Stations in Saudi Arabia for $10m
The company aims to “significantly” increase its presence in kingdom and become a top fuel retailer by 2025.
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.
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
China
China Datang and Sinar Mas Held Completion Ceremony of PMU Acquisition
On December 23, China Datang Co., Ltd. and Sinar Mas Group held a video ceremony of PMU acquisition.
Xebec Announces Acquisition of HyGear, Inmatec
Xebec Adsorption Inc. in December announced the launch of its hydrogen strategy with the acquisition of HyGear.
South Korea
South Korea-U.K. FTA About to Take Effect
The Ministry of Trade, Industry and Energy announced on Dec. 30 that the South Korea-U.K. FTA would become effective at 8:00 a.m. Jan. 1.
China
China Datang Buys Stake in Indonesian Power Plants
China Datang Corp has bought a majority stake in PT Dian Swastatika Sentosa’s (DSS) thermal power plants in Indonesia for US$394mil.
Hydrogen Fuel Stations
Everfuel to Buy Danish Hydrogen Player DHF
Danish Hydrogen Fuel runs four hydrogen fueling stations in Denmark, an addition that will strengthen Everfuel position in Scandinavia.
United Kingdom
UK-EU Brexit Agreement – Energy Sector Business as Usual
Under the UK-EU ‘Brexit’ trade and cooperation agreement little if any changes are anticipated to the evolution of the respective energy sectors.
Offshore Wind Power
Ørsted to Divest 50% Stake in 605MW Greater Changhua 1 Offshore Wind farm
Danish power company Ørsted has signed an agreement to divest 50% ownership stake in its 605MW Greater Changhua 1 Offshore Wind Farm in Taiwan to Quebec’s Cai…
Digitalization
Aramco and SAP form Strategic Alliance to Progress Digital Transformation Journey
The agreement is in line with Aramco’s digital transformation journey, paving the way for further integration of new technologies in a rapidly evolving technol…
Hydrogen Project
A.P. Moller Holding Invests Millions in Green Hydrogen Systems
Denmark’s A.P. Moller Holding, a parent company of shipping major Maersk, has decided to invest in compatriot Green Hydrogen Systems, a supplier of modular ele…
Siemens Energy has No Plans to Sell Siemens Gamesa
Siemens Energy CEO Christian Bruch has said that there are no plans to sell all or parts of Siemens Gamesa, the company’s wind power arm.
Brexit
RenewableUK Calls for Future EU Interconnection Benefits
Framework for post-Brexit electricity trading will not be in place for 1 January 2021.
Solar Power Plant
JA Solar Signs Agreement with Indian PV Products Distributor Redington
Chinese solar photovoltaic manufacturer JA Solar has entered into a distribution partnership with India’s PV products distributor Redington.

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Economy

Adnoc Distribution to Buy 15 Service Stations in Saudi Arabia for $10m

Three Novel Blockchain Projects in the Energy Sector

Energy Demand Improvement Slows Down in Nov: India Ratings

China Datang and Sinar Mas Held Completion Ceremony of PMU Acquisition

Xebec Announces Acquisition of HyGear, Inmatec

South Korea-U.K. FTA About to Take Effect

China Datang Buys Stake in Indonesian Power Plants

Everfuel to Buy Danish Hydrogen Player DHF

UK-EU Brexit Agreement – Energy Sector Business as Usual

Ørsted to Divest 50% Stake in 605MW Greater Changhua 1 Offshore Wind farm

Aramco and SAP form Strategic Alliance to Progress Digital Transformation Journey

A.P. Moller Holding Invests Millions in Green Hydrogen Systems

Siemens Energy has No Plans to Sell Siemens Gamesa

RenewableUK Calls for Future EU Interconnection Benefits

JA Solar Signs Agreement with Indian PV Products Distributor Redington