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RCEP
What is the RCEP?
The signing of the world’s largest free trade deal has given China significant influence in Asia Pacific, which could shape the region’s economic and politica…
Energy Subsidies
US Congress Passes Five-Year Offshore Wind Tax Credit
The U.S. Congress has passed a year-end spending package which includes a provision that would extend the Tax Credit for offshore wind facilities at 30% through…
Oil&Gas Drilling
Equatorial Guinea Makes Advances on 100-Day Mining and Petroleum Milestones
The Ministry of Mines and Hydrocarbons shows progress in gas development and mining exploration. Published by Africa Oil & Power for the MMH.
Hydrogen Project
Work to develop green hydrogen project in Duqm begins
OQ and DEME Concessions announced the start of a joint project to develop a world-leading green hydrogen plant in the Special Economic Zone at Duqm under the Pu…
Hydrogen Project
Castleton Commodities Backing Green Hydrogen Project in Europe
Castleton Commodities International LLC, an energy commodities firm, has announced that it is backing the first green hydrogen project in Europe co-located at a…
Hydrogen Technology
Hydrogen Production with Artificial Photosynthesis and Polymers
Hydrogen is considered to be one of the alternative energy sources of the future.
Hydrogen Fuel Cell Vehicle
South Korea to Work on Hydrogen Ships
The Ministry of Oceans and Fisheries and the Ministry of Trade, Industry and Energy released a green ship development plan on Dec. 23.
LNG
Daewoo E&C Bags 500 Bil. Won LNG Plant Project in Mozambique
Daewoo Engineering & Construction has won an LNG plant construction project in Mozambique for 500 billion won after jointly winning a 5-trillion-won order for a…
Hydropower Plant
ABD Approves Loan for New Hydropower Construction in India
A $231 million loan from the Asian Development Bank will be used to construct the Lower Kopili Hydroelectric power plant in Central Assam, India.
Nuclear Power Plant
Belarus Unit Starts Pilot Operation
Unit 1 of the first nuclear power plant to be built in Belarus started pilot operation yesterday, Russia's Rosatom has announced.
Energy Storage Project
LevelTen Energy Launches PPA-Style Contract for Energy Storage Projects
Renewable energy procurement advisor LevelTen has unveiled a new financial contract service that enables corporations to invest in large-scale energy storage pr…
Substation
Plans to Commission Belarus' First 330kV Digital Power Substation in 2021
The country's first 330kV digital power substation will be commissioned after reconstruction in 2021, BelTA learned from Belarusian Energy Minister Viktor Karan…
Crude Oil
Petrobras on New Well in Búzios Field
Petrobras has confirmed oil of excellent quality with the drilling of well 9-BUZ-48D-RJS, located in the extreme northwest of Búzios field in the Santos Basin.
Crude Oil
Russia’s Crude Oil Exports Drop 10% In January-October
Due to lower demand and the OPEC+ deal, Russia’s crude oil exports declined by 10.4 percent in volume year over year in January to October, data from the Russi…
Solar Power Plant
Brazil Hits 7 GW Mark, Targets 45% Renewables by 2050
Brazil has installed around 3 GW of large-scale solar capacity, in addition to 4 GW in the distributed-generation PV segment.
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