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Electric Vehicle Battery
LG Energy Solution and GM Considering Building 3rd Joint Venture Battery Factory in Michigan
LG Energy Solution and General Motors of the United States are considering investing US$2 billion to build their third joint venture battery cell plant in the U…
OPEC
Opec Revises Higher Call on Its Own Crude in 2021-22
Opec has revised higher the 2021 and 2022 forecast call on its own members crude as it increased oil demand expectations for both years, saying it expects the C…
Energy Storage Battery
China's November Power Battery Output Hits New High
China's November power battery output and newly-installed volume of power batteries refreshed new highs, driven by rapid growth of the country's new energy vehi…
Carbon Emissions
Australia-South Korea in Low Emission Energy Pact
Australia and South Korea will work together on developing low emissions energy technology and have also signed a pact on critical minerals used to produce low …
Oil Exploration
QatarEnergy Enters Egypt Through Agreement with Shell
QatarEnergy has entered into agreements with Shell to acquire working interests in two offshore exploration blocks in the Egyptian side of the Red Sea.
Crude Oil
Opec Maintains 2022 Demand Outlook and Expects Mild Impact from Omicron Variant
The group maintained its oil demand forecast for next year at 4.2 million barrels per day
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.
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…
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…
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.
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