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Oil & Gas Trade
OPEC+ Allows Kazakhstan to Increase Oil Production in February and March
OPEC+ countries reached agreement on the terms of the deal for February and March.
Submarine Cable
Submarine Cable Helps Triple CGES’ Electricity Transit Revenues
The submarine power cable between Italy and Montenegro has helped the Balkan country increase revenues from electricity transit by threefold.
Energy Investment
China's Investment in Countries Along the Belt and Road Increased by 24.9%
According to data released by the Ministry of Commerce of China, from January to November 2020, China's foreign non-financial direct investment was 659.36 billi…
Hydrogen Fuel Cell
DOE to Invest $6.4M to Develop Hydrogen-Fueled Turbines
The UTSR Program conducts research to increase the efficiency and performance of gas turbines while lowering emissions.
Oil Pipeline
Russia to Double Natgas Volume to China in 2021 as Cold Spell Bites
The increased volume of supply was due to a new 1,110-km pipeline extension in December that starts at Changling in northeast China's Jilin and ends at Yongqing…
Hydrogen Project
Major Korean Enterprises Joining Hydrogen Industry
An increasing number of major South Korean conglomerates are entering the hydrogen industry. Recently, POSCO, SK, Hanwha and Hyosung Groups declared to do so.
Crude Oil
Cambodia Prepares To Produce Its First Oil
As Asian oil demand looks set to increase over the next decade, Cambodia is taking advantage of the opportunity with its first crude oil production.
Crude Oil
Adnoc Distribution to Buy 15 Service Stations in Saudi Arabia for $10m
The company aims to “significantly” increase its presence in kingdom and become a top fuel retailer by 2025.
Crude Oil
Novak Says Russia Backs OPEC+ 500,000 bpd Oil Output Hike from February
Russia expects to support an increase in oil production by the group, known as OPEC+, of another 500,000 barrels per day from February at next month’s summit o…
Video: Is Wind Power The Future of Shipping?
Cargo ships have an increasingly negative impact on our environment and air quality, so how can the emissions of them be reduced?
Smart Meter
Smart Metering in US Reaches 57% Penetration
The Federal Energy Regulatory Commission 2020 assessment of smart metering and demand response indicates continuing increasing penetration.
China
China's Exports of Low-Voltage Electrical Appliances have been Increasing
According to China Customs statistics, China's exports of low-voltage electrical appliances in the first 10 months of 2020 were US$13.73 billion, a year-on-year…
Energy Storage Battery
U.S. Looks To Boost Energy Storage By 525% By 2025
240 percent: this is the increase in battery storage capacity added in the United States during the third quarter of this year, compared with the second quarter…
Video: How The U.S. Fell Behind China In The Fight Against Climate Change
Ever since President Trump withdrew the U.S. from the Paris Agreement, China has played an increasingly large role in the international fight against climate ch…
Net Zero Emission
Princeton Study Charts a $2.5T Pathway to a Net-Zero Carbon US
The report forecasts massive renewables investments and radical shifts in transport, heating and energy, as well as a relatively slight increase in energy costs…
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