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South Korea
South Korea: Hyundai Oilbank Sells Storage Terminal Business
Hyundai Oilbank will sell off a majority stake in its oil storage terminal in Ulsan, on the country's southeast coast, to help fund its green energy projects.
China
Sinopec's million-ton Ethylene Project is About to Put into Production
At present, Sinopec has a comprehensive crude oil processing capacity of 9.2 million tons/year in Hainan.
Crude Oil
Exxon Makes Another Major Oil Discovery Offshore Guyana
ExxonMobil and its partner Hess Corporation have made another significant crude oil discovery offshore Guyana, the U.S. supermajor said on Wednesday.
Floating Offshore Wind
UK Regulator Advances Lease Process for Two 100 MW Floating Wind Sites in the Celtic Sea
The formal award will be subject to a Habitats Regulations Assessment, following which, the Llŷr project will progress with environmental assessments and surve…
Crude Oil
Libya Looks To Boost Oil Production To 1.6 Million Bpd In 2022
Libya could boost its oil production to 1.6 million barrels per day by the middle of 2022 if the industry has the necessary funding
Energy Storage Battery
Form Energy Announces Iron-Air 100-hour Storage Battery
They note that their new battery is based on iron, not lithium, and thus is much less expensive to produce.
Video: China Built the World's Largest FPSO Ship
China's self-built world-class vessel for floating production, storage and offloading was handed over to its user and departed from the mother port in east Chin…
Wind Farm
Oyster Bay 140MW Wind Farm Ready for Operation
In South Africa, the 140MW Enel Green Power RSA Oyster Bay wind farm, situated in the Eastern Cape, has successfully reached commercial operation.
Transformer
GE to Supply 13 Transformers to Rajasthan Solar Project
GE Renewable Energy’s Grid Solutions business has been awarded multiple orders to supply 765 kV transformers and reactors in India.
Hualong One
Zhangzhou 1 Pressure Vessel Passes Factory Acceptance Tests
Zhangzhou unit 1, construction of which began in September 2020, is scheduled to enter commercial operation in 2024.
Paris Climate Agreement
No Pathway to Reach Paris Agreement Goal without G20: UN Chief
Guterres said he intended to use the opportunity of the upcoming UN General Assembly high-level session to bring leaders together to reach a political understan…
Nuclear Power Plant
UK Looking to Keep China General Nuclear out of Nuclear Projects
The move is expected to impact CGN’s proposal to build a nuclear plant in Essex.
Offshore Wind Power
Wärtsilä to Supply Equipment for Chinese Wind Turbine Installation Vessels
The technology group Wärtsilä will supply the steerable and tunnel thrusters for two new wind farm turbine installation vessels being built for the CTGC.
Rosatom
Rosatom and GDK Baimskaya LLC Sign Agreement to Jointly Supply Energy to Baimsky Plant
Rosatom and GDK Baimskaya LLC have signed an agreement to jointly implement a project to supply power to the Baimsky mining and processing plant, which is locat…
Electric Vehicle Battery
Hyundai Motor to Improve Safety of Second Life Battery Energy Storage System
South Korea’s top automaker Hyundai Motor said Sunday it has signed a memorandum of understanding with safety standards company UL to strengthen the safety of …
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