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OPEC
Opec+ Adds Around 700,000 b/d in July
The Opec+ group added 680,000 b/d to its crude output last month, boosted by higher quotas and the end of Saudi Arabia's extra cut.
Coal Trade
India Exports 8 Lakh Tonnes of Coal to Neighbouring Countries in FY'21
Of the said quantity, the maximum 77.20 per cent was exported to Nepal, followed by 13.04 per cent to Bangladesh, according to the Coal Ministry's Provisional C…
Electric Vehicle Battery
China Battery Maker Gotion to Build Two Lithium Plants
Gotion, in which German automaker Volkswagen last year took a 26.5% stake, said the two plants will be built in the city of Yichu and the first phase of 20,000 …
Electric Car
Biden Aims to Make Half of New Vehicles Electric by 2030
US President Joe Biden has signed an executive order calling for half of new vehicles sold in the country to be zero-emission by 2030
Coal Mine
China Restarts Coal Mines to Meet Surging Power Demand
The combined annual production capacity of these mines exceeds 110 million tonnes.
Nuclear Reactor
Framatome Acquires RCM Canada Nuclear Power Division
French nuclear infrastructure firm Framatome is acquiring a Canadian company that will help broaden its reactor work in that nation and beyond.
Solar Company
Q CELLS, LG, Mission Solar Join Petition to Extend Solar Panel Tariffs
The tariffs on imported solar cells and panels began in 2018 after U.S. manufacturers Suniva and SolarWorld filed a Section 201 petition with the ITC
Solar Power Plant
Operations begin at Simiane Solar Plants in France
Sonnedix, the global solar independent power producer has successfully started operations of its 9.8 MW ‘Simiane’ cluster of three solar photovoltaic plants, …
Biobattery
Sweetman Biomass Signs Japanese Bioenergy Deal
Terms surrounding a 20-year, binding supply agreement have been reached between a subsidiary of ASX bound Sweetman Renewables and a leading Japanese conglomerat…
Offshore Wind Power
Simply Blue and Subsea 7 Sign MoU with ERM for Floating Wind Project
The potential incorporation of ERM Dolphyn with the Salamander project could support the UK Government’s decarbonisation plan.
Hydropower Plant
Enel Acquires ERG’s Italian Hydro Assets for €1bn
Enel subsidiary Enel Produzione has signed an agreement with ERG Power Generation for the acquisition of all ERG Hydro’s assets totalling 527MW.
Oil & Gas Trade
US June Oil Exports Rise, Boosted by India, South Korea
US crude exports rose by about 28pc in June led by a sharp increase in shipments to India and South Korea.
Energy Storage Battery
China's EVE to Build Li-ion Battery Facility
Major Chinese lithium-ion battery manufacturer EVE Energy plans to build a production facility for power and energy storage batteries in Jingmen in the central …
Carbon Neutral
South Korea Eyes Coal, Gas cuts in 2050 net zero plans
South Korea has published three potential road maps to reach its target of achieving carbon neutrality by 2050, ahead of a final decision on its plan later this…
Oil Exploration
Enersea Inks FEED Deal with Petrogas Offshore Netherlands
Enersea has secured a front-end engineering and design contract with Petrogas E&P Netherlands for the development of the A15 and B10 gas fields.
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