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Crude Oil
Oil Extends Gains, Trading Above $70 on Upbeat Outlook
Prices are expected to be elevated in the coming months as economies recover from Covid-19 pandemic, analysts say
Oil&Gas Drilling
Biden Administration Halts Oil Drilling in Alaska Wildlife Refuge
White House climate advisor Gina McCarthy noted Biden's promise and said the move reflected his belief that "national treasures are cultural and economic corner…
Oil Refinery
China On Track To Be World’s Largest Oil Refiner in 2021
In the global refining industry, COVID-19 has exposed a seismic shift. While China’s oil refineries forge ahead with capacity expansion, many western-based ref…
Oil Exploration
Exxon Quits Deepwater Oil Project In Ghana
Exxon is leaving a deepwater prospect in Ghana after seismic work failed to produce good enough results.
Oil Price
New Iran Nuclear Deal May Completely Derail Oil Price Rally
The U.S. has agreed to a tentative removal of key sanctions in the oil, gas, petrochemicals and automotive sectors, plus some of those on Iran’s banking sector…
Energy Storage Battery
Hybrid Redox-Flow Battery with a Long Cycle Life
Redox‑flow batteries store electrical energy in chemical compounds that are dissolved in an electrolyte.
Oil Refinery
Oil Refiners to Begin Olefin Business in 2nd Half of 2021
GS Caltex and Hyundai Oilbank will start operating their olefin facilities in the second half of 2021, signaling a big change in the petrochemical industry.
Energy Transition
Greece Eyes Green Energy Shift with $21 billion in Projects
Greece’s plan for using European Union funds to combat the effects of the coronavirus pandemic will accelerate the nation’s transition from fossil fuels to a …
Energy Storage System
Ukraine’s First Grid-Scale Battery Energy Storage System Comes Online
The first pilot deployment of a large-scale electrochemical energy storage system has been completed in the Ukraine, less than a year after system supply contra…
Microgrid
Groups Announce Renewable Energy Microgrid Project
A joint venture of energy management company Schneider Electric and Huck Capital, a power sector investment firm, has announced a partnership with energy infras…
Iran
Iran Agrees to Extend IAEA Nuclear Monitoring Deal for One Month
Iran has agreed to extend by one month an agreement allowing the International Atomic Energy Agency to keep surveillance cameras at nuclear sites.
Hydropower Plant
CTG Signs 4th Agreement for Kohala Hydropower Project, Pakistan
Kohala dam, a priority project in the China-Pakistan Economic Corridor, has an installed capacity of 1124MW and a designed annual output above 5100GWh.
Energy Investment
RWE and BASF Plan $4.9 billion Wind Power Project
Chemicals giant BASF and German utility RWE on Friday announced a potential 4 billion euro offshore wind power project to cut emissions at Germany’s most energ…
RCEP
Media, Think Tanks Set to Boost RCEP Exchanges
The Regional Comprehensive Economic Partnership agreement will help its participating countries forge more open economic relationships and improve trade liberal…
United States
Enchanted Rock Builds 3.5-MW Microgrid for Texas Manufacturing Plant
Enchanted Rock has developed a 3.5-MW microgrid to provide resiliency for a butene manufacturing plant in Baytown, Texas.

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