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Electric Car

EIB Funds Installation of 470 EV Chargers in Spain

The European Investment Bank has issued €50 million in funding for the installation of electric vehicle charging infrastructure in Spain.

Hydropower Plant

DORE’s First Investment Since IPO Involves Eight Swedish Hydropower Plants

Downing Renewables & Infrastructure Trust plc has exchanged contracts to acquire its first investment, a portfolio of eight operational hydropower plants in cen…

Oil Shale

China's Sinopec Builds First Phase of New Shale Gas Field in Sichuan

Weirong, located in Neijiang and Zigong cities, is the state energy giant's second major shale gas development after Fuling, which is also located in the same S…

Hydrogen Fuel Stations

World's Fist Mobile Liquid Hydrogen Refueling Station

​South Korea-based Hylium Industries, has unveiled what it claims to be the world’s first mobile liquid hydrogen fuelling station.

Iran

Strait of Hormuz: The World's Most Important Oil Artery

Iran's Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf waters and detained its crew, amid tensions between Tehran and Seoul over Iranian…

Energy Investment

China's Investment in Countries Along the Belt and Road Increased by 24.9%

According to data released by the Ministry of Commerce of China, from January to November 2020, China's foreign non-financial direct investment was 659.36 billi…

South Korea

Iran Seizes UAE-Bound Chemical Tanker

Iran has seized a UAE-bound chemical tanker in the strait of Hormuz, further stoking already heightened tensions in the Mideast Gulf.

Solar Power Plant

Bangladeshi Apparel Makers opt for Rooftop Solar

More than 500 factories have registered to make their manufacturing facilities more eco friendly in the garment exporting powerhouse and the nation’s net meter…

Oil & Gas Trade

Venezuela’s 2020 Oil Exports Plunged To The Lowest Level In 77 Years

Venezuela’s crude oil and refined product exports plummeted in 2020 to their lowest level in 77 years

Oil Pipeline

Russia to Double Natgas Volume to China in 2021 as Cold Spell Bites

The increased volume of supply was due to a new 1,110-km pipeline extension in December that starts at Changling in northeast China's Jilin and ends at Yongqing…

Transformer

China XD Group Recieves Approval for Eight New Transformers

Eight new transformers and reactor products from China Xidian Group have passed the industry appraisal, and their comprehensive performance indicators reached t…

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 …

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

Wind Farm

GE Signs Deal for Vietnam Windfarm

GE Renewable Energy is to supply eight turbines to a windfarm being built in Vietnam.

Coal Production

Weekly US Coal Production Totals 11 million st, Down 12.6% on Year: EIA

Weekly US coal production was estimated at nearly 11 million st in the week ended Dec. 19, down 2.6% from the year-ago week, US Energy Information Administratio…