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Power Construction

Dominion Energy Virginia Files $669 million Grid Modernisation Plan

US utility company Dominion Energy Virginia has filed a proposal with the State Corporation Commission to implement phase two of its grid modernisation programm…

Cooperation case

Xi, Putin Announce Extension of Friendship Treaty Ahead of CPC Centenary

Facing growing Western provocation, China-Russia ties serve as global stabilizer: experts

China

Celebrations for CPC's Centenary Heat up Across China, Showing Confidence and Capacity in the Party's Path

With the upcoming centenary of the founding of the Communist Party of China approaching on July 1, spectacular light shows, a variety of performances and boomin…

South Korea

Korea Expands Presence in Battery Raw Materials Markets

Although Korean battery raw materials companies have increased their combined share of the global market, they still place third after China and Japan.

Hydrogen Project

SK Group Aiming to Become World's No. 1 Hydrogen Player

SK Group has set up a blueprint for a hydrogen economy. Its goal is to invest about 18 trillion won over the next five years and become the world's No. 1 hydrog…

Net Zero Emission

Carbon Removal Key to Reaching Paris Agreement Climate Goals, Wood Mackenzie Says

Fossil fuels will continue to account for 37% of the primary global energy demand in 2050 even if the net-zero goals are achieved

Oil Field

Enauta to See All-Time High Output Volume Following Atlanta Field Takeover

Oil and gas company Enauta has revealed that the Brazilian Oil, Gas and Biofuels Agency has approved the constitution of guarantees for the company to take over…

Oil Field

PetroRio Gets Frade Field Development Plan Approval

Brazil’s National Petroleum, Gas, and Biofuels Agency has approved PetroRio’s revised development plan of the Frade field offshore Brazil.

Coal-Fired Power Plants

Bangladesh Scraps Plans to Build 10 Coal-Fired Power Plants

Bangladesh has cancelled plans to build 10 coal-fired power plants, a government official said on Monday, amid rising costs for the fuel and increasing calls fr…

Energy Storage Project

LNJ Bhilwara Group, Replus Engitech to Set up 1-GW Lithium-ion Battery Plant in Pune

The greenfield plant in Pune will be operational by mid-2022, with a capacity of 1 GW in Phase 1

Wind Power Project

NeXtWind to Revitalise 70MW of Aging Wind Assets in Germany

Renewable energy IPP NeXtWind has made three investments in ageing wind energy projects in Northern Germany, totalling over $50 million.

Solar Power Plant

Lightsource BP Solar Project in Spain Starts Commercial Operations

Under an operations and maintenance agreement, Prodiel will continue to maintain the solar cluster for the next two years.

Market Analysis

Renewable Energy Sources Provided more than a Quarter of Total U.S. Electrical Generation in April

Electrical generation by renewable energy sources set a new record in April 2021 and accounted for 25.7% of total U.S. production.

Oil Field

China's First Solo-Operated Deepwater Gas Field Starts Production

Shenhai-1, meaning deepsea, is expected to produce up to 3.39 billion cubic meters of gas every year, or roughly 2% of China's total gas output, the energy majo…

Energy Transition

Global Leaders Commit to Accelerate Transition to Clean Energy by 2030

The required investment represents only a small fraction of the multi-trillion-dollar global energy investment needed overall, but will bring huge benefits to o…