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Oil Field

POSCO International to Develop Gas Field in Indonesia

POSCO International will push for the development of a large-scale oil and gas field in Indonesia following Myanmar.

Oil Pipeline

Oil Pipeline Explosion Kills 3 In Iran

Iranian media report that an explosion that started at a pump house in the country’s southwest tore through oil and gas pipelines, killing three people and inj…

United States

US Oil Prices Soar To 6-Year High In OPEC Standoff

The U.S. benchmark oil price WTI Crude hit its highest level since November 2014 early on Tuesday, after OPEC+ on Monday called off its third attempt to reach a…

Electric Vehicle Battery

China’s Huayou Builds Second NCM Battery Precursor Line

Major Chinese lithium-nickel-cobalt-manganese oxide precursor manufacturer Huayou Cobalt has started building its second production facility in Quzhou city in e…

Coal-Fired Power Plants

AES Speeds up Chile Coal Power Retirements

US utility AES is accelerating the shutdown of 1,097MW of coal-fired power generating units in Chile, in line with the greening of its corporate strategy and th…

Hydrogen Project

Brazil Adopting Rainbow Approach to Hydrogen

Brazil plans to adopt a rainbow strategy to gradually transition existing hydrogen production to renewables-based green hydrogen.

Solar Power Plant

Masdar Wins Bid to Develop 200MW Solar Plant in Armenia

The total investment in the project is $174m

Crude Oil

Oil and Dollars: Why the UAE is Risking a Falling-out with OPEC+

The UAE agreed with the other 22 OPEC+ members that monthly output cuts should be eased by 400,000 barrels a day from August, but said the extension should be t…

Thermal Plant

Bechtel to Offer FEED Services for Power Plant in Vietnam

The 3,200MW CCGT power plant would support the industrial base expansion in South Vietnam.

China

IRENA Expands Renewable Energy Cooperation with the Chinese Government

With the aim to accelerate the deployment of renewable energy to mitigate climate change, the Chinese government has extended its cooperation with the Internati…

Floating Offshore Wind

Belgium’s Parkwind Secures Funding for German Floating Wind Farm

Belgium-based green energy company Parkwind has secured funding from multiple financial institutions to implement its first renewable energy project outside Bel…

Electrification

UN Recommendations to Ensure Global Electrification by 2030

New reports released by the United Nations provide recommendations on how the world can tackle energy poverty and ensure everyone in the world has access to cle…

19TH INTERNATIONAL CONFERENCE ON RENEWABLE MOBILITY

the Bundesverband Bioenergie e.V., the Union zur Förderung von Oel- und Proteinpflanzen e.V., the Bundesverband der deutschen Bioethanolwirtschaft e.V., the Fa…

Coal-Fired Power Plants

U.S. Coal-Fired Power Generation Continues to Rise

The weather in some parts of the United States continued to be hot and dry, nuclear power and hydropower production capacity remained low, and U.S. coal-fired p…

CCS

Sinopec Launches China's First Megaton CCUS Project

China Petroleum & Chemical Corporation announced on July 5 that it will start the construction of China's first megaton carbon capture, utilization and storage …