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Crude Oil
Saudi Arabia’s Crude Oil Exports Dropped in H1 by 20%
Saudi Arabia could not ship more crude oil in the first half as it voluntarily restrained output under OPEC+ production-cut agreement; however, high oil prices …
Oil Price
Aramco Posts Nearly 300% Leap in Second-Quarter Profit as Oil Demand Recovers
Saudi state oil giant Aramco reported a stunning 288% increase in net income to $25.5 billion for the second quarter, while maintaining its dividend of $18.8 bi…
Power Construction
Electrification May Allow Mines to Generate Extra Income
Emerging technologies in electrification may mean that, in the near future, all mining can store or generate required electricity but often more, creating extra…
Nuclear Power Plant
Westinghouse Fuel Assemblies Delivered to Rovno NPP
Ukrainian nuclear utility Energoatom said on 21 July that an incoming inspection of nuclear fuel manufactured by the Swedish division of US-based Westinghouse w…
Nuclear Policy
Iran Claims Nuclear Deal Draft Is Incompatible With New Iranian Law
The draft agreement between Iran and world powers over the possible restoration of the so-called nuclear deal is incompatible with a recently passed Iranian law…
EV Market
Foxconn Discussing Electric Vehicle Plant in Wisconsin
Taiwan's Foxconn said on Friday it was in talks with the US state of Wisconsin about building electric vehicles there, part of the major Apple Inc supplier's pu…
Oil & Gas Trade
Gazprom Plans to Supply 8.5 billion cubic meters of Natural Gas to China This Year
Gazprom said that it plans to supply 8.5 billion cubic meters of natural gas to China this year and double its income from natural gas exports to China.
Carbon Emissions
Indonesia Considering Carbon Tax Under Major Tax Overhaul
Indonesia has drawn up proposals to bring in a carbon tax to curb greenhouse gas emissions, in addition to raising VAT rates and reforming income tax, as part o…
Nuclear Power Plant
Petrozavodskmash Atarted Manufacturing Pump Sets for Xudapu NPS
First spherical blanks have been through the incoming inspection by ultrasonic testing.
Nuclear Fuel
Nuclear Fuel for Unit 2 of the Belarusian NPP is Ready for Loading
The stage of the delivery and incoming inspection of the first core fuel and control rods intended for unit 2 has been successfully completed at the Belarusian …
Energy Taxation
Biden Tax Plan Replaces U.S. Fossil Fuel Subsidies with Clean Energy Incentives
Linked to the $2.3 trillion infrastructure package, it is part of wider plan that includes boosting the corporate income tax rate from 21% to 28%.
Wind Turbine Blade
Wind Power: Spanish Company InCom Opens Plant in Morocco, Its First in Africa
The new factory, extending over 3,000 m², required an investment of €1.5 million.
Solar Power Plant
Bluefield Acquires 70MWp Solar Plant in Wiltshire
UK-based green finance group Bluefield Solar Income Fund has acquired a fully operational 70MWp solar park in Wiltshire in a deal worth £89 million.
Oil & Gas Trade
Iran To Buy Covid Vaccines With Income From Gas Exports To Iraq
Iran will use part of the proceeds from its electricity and natural gas exports to Iraq to buy COVID-19 vaccines from Europe.
Clean Energy Transition
NJ Clean Energy Equity Act Passes Senate, Low-Income Communities Set for Solar Benefit
New Jersey’s State Senate has passed the Clean Energy Equity Act, a Bill which could bring hundreds of megawatts of solar to low-income families in the state.
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