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Crude Oil
ExxonMobil Increases Stabroek Resource Estimate to Approximately 10 Billion Barrels
ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barre…
Electric Car
Farasis Energy Reports 25% Energy Boost for EV Batteries with Group14 SCC55 Silicon-Carbon Anode
Group14, a provider of silicon-carbon composite materials and China-based Li-ion battery maker Farasis Energy reported a 25% boost in energy density for EV batt…
Hydrogen Production
US DOE Funds Hydrogen Production from Nuclear Power
The announcement comes as DOE marks Hydrogen and Fuel Cell Day.
Coal Production
Western Balkan Countries are in Global Top 10 in Coal’s Power Output Share
Kosovo* is ranked second in the world for its share of coal in domestic electricity production, trailing only Botswana. Serbia and BiH are seventh and tenth, re…
Electricity Trade
Electricity Price Hike of up to 135 Percent Announced in BiH, Serbia
Companies in Bosnia and Herzegovina, and Serbia have received announcements from their suppliers that the price of electricity would increase as high as 70-135 …
Smart Grid
Iberdrola Launches Global Smart Grids Innovation Hub in Spain
A centre for research, development and testing of innovative smart grids technologies has been launched for global solutions and utility companies, technology c…
Coal Production
Asia-Pacific Coal Shortages Boost NE Asian Prices
The South Korean coal market extended gains this week on the back of spiralling global seaborne prices and tight availability exacerbated by heavy rainfall acro…
OPEC
Opec+ Output up by 650,000 b/d in September
Opec+ output rose sharply in September, pushed higher by production recoveries in Nigeria, Angola and Kazakhstan and by a notable increase from Iraq.
LNG
Vietnam Approves New $2.3 bln LNG Project
The plant, which is based in the central province of Quang Tri, will have an initial capacity of 1,500 MW, the government said in a statement
Crude Oil
Oil Rises 4% in Week as Energy Crunch Shows no Signs of Easing
Even with worldwide demand growing as economic activity rebounds from pandemic lows, the Organization of the Petroleum Exporting Countries and allied producers …
Energy Storage Project
SB Energy Orders 2GWh of Iron Flow Long-Duration Storage Systems
SB Energy, a subsidiary of Japanese multinational conglomerate SoftBank, has entered into an agreement with battery manufacturer ESS for the deployment of 2GWh …
Hydrogen Project
Hyundai Mobis to Build Hydrogen Fuel Cell Plants in South Korea
The two facilities will be capable of producing 100,000 hydrogen fuel cells a year once fully operational.
Energy Investment
DOE Invests Nearly US$7 million to Put Coal Wastes to Work
This investment supports the development of new and safe uses for coal-wastes, which in turn will spur the creation of good-paying jobs in frontline communities…
Hydropower Plant
RusHydro to Build New Small Hydropower Plants
RusHydro has announced that it is to build three new small hydropower plants in the Northern Caucasus, following a competitive selection process.
Liquid Hydrogen
Air Products’ Texas-Based Liquid Hydrogen Plant Now Onstream
Air Products has revealed today that its liquid hydrogen plant, which produces 30 tonnes per day in Texas, US, is onstream as it looks to enhance the hydrogen e…
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