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Crude Oil

Oil Prices Steady and on Course for Biggest Weekly Gain Since Late August

Lingering concerns as to whether the Omicron variant may push border movement restrictions during the festive season

Coal-Fired Power Plants

US Government to End Financial Aid for Overseas Coal Projects

The government said it will not support coal power plants unless carbon capture technologies are implemented.

Offshore Wind Power

Vattenfall Wind Farm Awarded Planning Consent

The UK Government has awarded planning consent for Vattenfall’s Norfolk Boreas Offshore Wind Farm.

Wind Farm

Neoen Sells Two French Wind Farm Projects

Neoen has signed an agreement to sell a 95% stake in the Le Berger and Les Beaux Monts wind farms in France.

Energy Investment

O&M Tenders Issued for Two Solar Projects in Karnataka

The last date to submit the bids for both the tenders is December 24, 2021

Oil & Gas Trade

U.S. to Sell 18 mln Barrels of Oil from Reserves on Dec 17

The U.S. Department of Energy said on Friday it will sell 18 million barrels of crude oil from the strategic petroleum reserve on Dec. 17, as part of a previous…

Oil & Gas Supply

Oman Bases 2022 Budget on Oil Price of $50/b, up from $45/b in 2021

2022 oil output forecast at 1.055 mil b/d vs 960,000 b/d in 2021

Crude Oil

Tarim Oilfield Produces Over 30-mln-tonne Oil, Gas Equivalent

The Tarim Oilfield of China National Petroleum Corporation, China's leading oil and gas producer, produced more than 30 million tonnes of oil and gas equivalent…

Electricity Trade

Iran Ready to Exchange Electricity with Neighboring Countries

Iran can exchange electricity with Armenia, Afghanistan, Turkmenistan, Iraq, Azerbaijan, and Turkey, said Iranian Energy Minister Ali Akbar Mehrabiyan, IRNA rep…

Power Construction

Southern Xinjiang Improves Power Supply Capacity

A batch of power projects have been completed and put into operation this year in the southern areas of northwest China's Xinjiang Uygur Autonomous Region, impr…

PowerGrid Technology

Xizang’s First Power Grid Celebrates 10-Year Anniversary, Creates 1.457b Yuan of Benefit to Local Economy

December 9 was the 10th anniversary of the power grid.

Carbon Neutral

Moon Encourages Private Firms to Go Carbon Neutral

President Moon Jae-in on Friday encouraged private firms to go carbon neutral, pledging the government will provide financial and regulatory support for their e…

Solar Company

China’s Solar Giants Make a Bid to Dominate Hydrogen Power

Firms accelerate electrolyzer production, seek to slash prices

Hydrogen Project

POSCO International Acquires Senex Energy to Expand Hydrogen Biz

POSCO International is pursuing global mergers and acquisitions in preparation for the energy transition era.

Energy Storage Battery

Carbon Fiber Paper Cathode for Rechargeable Flexible Zinc-Air Battery

An efficient and cost-effective approach to making flexible cathodes is devised in a study published in the journal Nanomaterials.