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RCEP
RCEP to Boost Engine Company
Yuchai charts plans to expand and introduce more green products to overseas markets
Crude Oil
OPEC Targeting Oil Prices Below $100, Oman’s Oil Minister Says
OPEC and its allies don’t want crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,…
CNOOC
Chinese Oil Major CNOOC Targets Record High Production This Decade
CNOOC set its production target at 600 million to 610 million barrels of oil equivalent (boe) for 2022, up from the 2021 target of 545-555 million boe
Power Construction
Dominion Energy Gets Green Light for $650m Grid Transformation Plan
US utility Dominion Energy has secured approval from the Virginia regulator to implement phase 2 of the grid transformation plan (GT Plan).
Hydrogen Project
Foton Links with BOC in Hydrogen Bus Push
China-backed Foton Mobility has teamed up with industrial gases company BOC as it looks to accelerate the roll-out of hydrogen buses in Australia and New Zealan…
Net Zero Emission
Building On Net Zero Pledges With Interim Targets
It is time to ensure that all the net zero pledges by 2050 have interim targets for 2030 to be wholly effective
EU
EU Green Finance Rules to Include Nuclear and Gas Projects
A draft of the bloc’s green finance taxonomy sets out conditions for projects to receive transition funds.
Oil Price
Saudi Arabia Cuts Oil Prices For Asia In February
Saudi Arabia cut the prices of all the crude grades it will be selling to Asia in February to the lowest premium to regional benchmarks in three months, amid th…
Crude Oil
Oil Rallies Amid Worsening Unrest In Crude Producer Kazakhstan
Oil markets shrug off dip in U.S. gasoline demand
Carbon Emissions
South Africa Sets out to Tighten 2030 Emissions Target
South Africa’s economy is shifting from heavy industry to service sectors, allowing for deeper carbon cuts, but coal lingers in the energy mix
Electric Car
Chinese EV startup Nio to enter four European markets in 2022
Chinese electric car startup Nio is to make inroads into Germany, the Netherlands, Sweden and Denmark in 2022.
Hydrogen Project
Proteum, Istmo Partner to Produce Clean Hydrogen for US and Mexican Markets
Proteum Energy and Istmo Energy have revealed today (Dec 17) a new MoU that aims to produce low-carbon hydrogen for the production of ultra-low sulphur diesel a…
Crude Oil
Libya Considers Bonuses for Oil Companies to Boost Crude Output
Libya may introduce contracts with private oil companies that would give bonuses to those that meet targets and penalize those that don’t, as the OPEC member t…
Solar Power Plant
Solar Module Disassembly Equipment from Japan
Developed by Japanese PV equipment provider NPC Incorporated, the solar module disassembly line is claimed to enable the reuse of frames, junction boxes, intact…
Solar Power Plant
Keppel Team to Take Control of Southeast Asian Solar Platform of Shell
A group led by Singapore’s Keppel Corp Ltd has agreed to buy a 51% stake in commercial and industrial solar energy platform Cleantech Renewable Assets Pte Ltd …
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