Nda

Solar Power Panel

Bitcoin, Ether up; Crypto Miners Turn to Solar Power; EU Targets Russian Virtual Wallets — Crypto Moves

Bitcoin, the leading cryptocurrency internationally, traded higher on Sunday, up 0.64 percent to $42,782 as of 08:30 a.m. Riyadh time.

CNOOC

China's CNOOC to Raise up to $5.08 Billion From Share Issue

Chinese oil giant CNOOC Ltd said on Monday it will raise between 28.08 billion yuan and 32.29 billion yuan ($4.41 billion to $5.08 billion) by issuing new share…

Iran

US ‘Imposing New Conditions’ in Nuclear Talks, Says Iran

Iran’s foreign minister said Sunday that Washington is “imposing new conditions” in the negotiations to restore the 2015 nuclear agreement.

Hydropower Plant

7.8MW Hydropower Project in Uganda to Supply Clean Energy

Nyamwamba II, a 7.8MW hydropower project in Kasese, Western Uganda, has reached its PPA Commercial Operation Date (COD).

Electric Car

GM, Honda Are Teaming up to Build a $30,000 Electric Car

Building a cheap car that is also profitable for the manufacturer is shockingly difficult. Because of the high cost of battery components, it becomes even more …

Hydropower Plant

China-Built Hydropower Station Begins Electricity Generation in Nigeria

The first unit of Zungeru Hydroelectric Power Station, the largest hydropower station in Nigeria built by Chinese enterprises, has officially generated electric…

OPEC

Opec Mulls Removing IEA as a Secondary Source

Opec has removed Paris-based energy watchdog the IEA from the panel of "official" secondary sources that monitor the group's monthly crude production.

Electric Car

Saudi Aramco Partners with Hyundai Motor to Develop Advanced Fuels for Hybrid Vehicles

Saudi Aramco is teaming up with Hyundai Motor and King Abdullah University of Science and Technology to jointly research and develop advanced fuels for an "ultr…

Offshore Wind Power

U.S. Offshore Wind Supply Chain: By the Numbers

The U.S. needs 2,100 wind turbines, 6,800 miles of cable, 2,100 foundations, 58 crew transfer vessels, and up to 50,000 trained workers to meet the Biden admini…

China

China's Annual Energy Production Capacity to Be 4.6 Bn MT Coal by 2025

China recently decided to raise its annual comprehensive energy production capacity to over 4.6 billion metric tonnes of standard coal by 2025.

Natural Gas

Indonesia’s Deep-Waters Attract Explorers, Including BP and Harbour

Harbour Energy is on track to start high impact exploration drilling in its Andaman II PSC offshore Indonesia in the second quarter this year.

Honda to Demonstrate Hydrogen as Backup Power Source

Honda is to install a stationary fuel cell power station at its US corporate campus in Torrance, California.

Energy Transition

Decarbonisation More Cost Effective than Polluting Alternatives in Central America

An IRENA analysis shows the Central American region can pursue a more ambitious energy transition agenda, achieving cost benefits while serving socio-economic a…

Carbon Neutral

Coal’s a ‘Stupid Investment’ and We’re ‘Sleepwalking to Climate Catastrophe,’ Says UN Chief Guterres

The U.N. Secretary General issued a stark warning Monday, saying the planet had emerged from last year’s COP26 summit in Glasgow with “a certain naïve optimi…

Oil Price

India's Energy Dilemma: Is Cheap Russian Oil Worth Tensions with West?

India, Asia’s third-largest economy, faces a dilemma. It hopes to increase imports of Russian oil, currently an abundant source in a tight market, but the move…