Ei

Oil Price

Oil Prices Hold Steady Ahead of U.S. Elections

Oil prices held steady on Tuesday ahead of the U.S. presidential election, retaining their steep overnight gains but capped by demand concerns and worries about…

South Korea

KSOE Receives Order for up to Four LNG Carriers

Korean Shipbuilding & Offshore Engineering has secured a building order for two 174,000m³ LNG carriers, with options for another pair.

Oil Field

CNOOC Starts up Eighth Project off China in 2020

Oil and gas company CNOOC Limited has started production from the Liuhua 29-1 gas field in the South China Sea.

Floating Offshore Wind

Japanese Trio Unveil New Floating Concept

Japanese trio Modec, Toyo Construction and Furukawa Electric are to work together to develop a new floating offshore wind concept.

Hydrogen Fuel Cell Vehicle

South Korea Expands Electric and H2 Stations for Cars

The South Korean government has just unveiled a plan to greatly increase the number of battery-electric and hydrogen fuel cell car charging and refuelling stati…

Electric Vehicle Battery

China and Japan Ahead of Korea in EV Battery Materials

Korea’s three major electric vehicle battery makers -- LG Chem, Samsung SDI and SK Innovation -- are expanding their presence in the global EV battery market. …

Market Analysis

UAE Unveils $1.7bn Sustainability Initiatives for Dubai

United Arab Emirates unveiled its new environmental and sustainability initiatives worth AED6.6bn in Dubai.

Hydrogen Technology

Doosan Mobility Innovation’s Hydrogen Tank Gets DoT Stamp of Approval

Doosan Mobility Innovation has become one of the first companies to receive approval from the United States Department of Transportation for its hydrogen cylind…

Ireland

Logan Energy Receives First Tube Trailers for Green Hydrogen Project

A Northern Ireland project aiming to technically and financially validate the renewable hydrogen value chain is underway.

Crude Oil

China Starts Building $20 billion Mega Petchem Complex in Shandong Oil Hub

China started this week building a mega petrochemical and refining complex in east China’s Shandong province, four months after the $20 billion project receive…

Coal Mine

ANZ Bank to Stop Funding Coal Mines & Power Plants

ANZ Bank has unveiled plans to adopt a net zero emissions test for loans, and to set a 2030 exit date for all direct investment in thermal coal mines and power …

Wind Power in China

Phase 2 of China’s First Foreign-Backed Offshore Wind Farm Enters Construction

EDF Group and China Energy Investment Corporation have kicked off the construction of the 200 MW Dongtai V offshore wind project in China.

Electric Vehicle Battery

Tesla’s German Gigafactory Could Be Ready To Deliver Ahead Of Schedule

European reservation holders of Tesla’s Model Y could begin to receive their vehicles manufactured at Tesla’s Gigafactory in Berlin earlier than expected, cit…

Oil Price

Oil Plunges To $35 As Lockdowns Return

Oil prices extended their 5-percent slump from Wednesday into Thursday morning, plunging by another 5 percent, with WTI Crude sliding to $35 a barrel.

Russian Federation

Rosatom State Corporation Engineering Division

The Belarus Nuclear Power Plant has received permit to perform works on the stage-wise program for the power start-up of Unit 1.