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China
Asia Shrugs Off OPEC Supply Rise as Refiners Grapple with Crippled Demand
Middle Eastern sour crude supply is expected to increase this month after OPEC+ members on July 15 agreed to pare back their production cut commitment.
Coal-Fired Power Plants
Vietnam Prepares to Rein in Coal-Power Growth
Vietnam is moving ahead with plans to "limit" the development of coal-fired power stations in the next phase of growth in its electricity sector.
Floating Offshore Wind
Maine's $100M Floating Offshore Wind Project Finds Major Backers: RWE and Mitsubishi
Two heavyweight global offshore wind investors will acquire UMaine’s demonstration project, which could be built by 2023.
Energy Storage Battery
South Africa Launches Tender for Large Scale Storage Battery
South Africa Utility firm Eskom has announced a tender for a large scale storage battery for the Skaapvlei substation at Vredendal, in the Western Cape.
Nuclear Policy
Philippines Plans National Nuclear Energy Policy
It could either build new plants or rehabilitate the 621MW Bataan project.
Hydrogen Fuel Cell Vehicle
Austrian HyTrain Project Receives €3.1m
The Ministry of Climate Protection is supporting the development of a hydrogen-powered narrow-gauge train in Austria with a €3.1m grant through the Climate and…
United States
Solar Wind Grow 14% and Now Generate Over One-Eight of U.S. Electricity
Renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) produced significantly more electricity than either coal or nuclear power during t…
Crude Oil
Russia is Raising Crude Oil Output as OPEC+ Cuts Ease
OPEC+ producers from Aug. 1 have agreed to slim their output cuts to 7.7 million barrels per day from 9.7 million bpd.
Nigeria
Nigeria Govt Reiterates Pledge to Unlock Opportunities in Gas Sector
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said Africa, particularly Nigeria, has huge gas resources which can…
Market Analysis
European Oil Major Trading Units Provide Buffer in Rough Second Quarter
The trading units of European oil and gas majors have shielded their second-quarter results from the full force of the corona-induced collapse in demand for fue…
Power Construction
Reimposed Lockdowns Weaken India's Power Demand
This will affect the revenues and cash collections of discoms.
Wind Farm
Brazil's Omega Buys 583 MW of Wind Assets from Eletrobras
Brazilian power distributor Centrais Eletricas Brasileiras SA (BVMF:ELET3), or Eletrobras, has approved the sale of equity interests in 582.8 MW of wind power a…
Power Construction
Flexible DC Power Grid to Boost Clean Energy Supply for Winter Olympic
A flexible direct current power grid recently developed in China's Hebei Province will play a major role in clean the energy supply for the Beijing 2022 Winter …
Geothermal Power Plant
US DOE Picks 5 Projects To Receive Up To $28 Million For Geothermal Research
Today, the U.S. Department of Energy (DOE) announced that five projects will receive up to $28 million to promote the advancement of the next generation of geot…
United States
Could Rising US-China Tensions Change Global Energy Markets?
The widening rift between the world’s two largest economies – the United States and China – has had analysts and market observers using the phrase ‘Cold War…
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