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Oil & Gas Supply

Biden’s Energy Agenda To Reduce Oil Production And Boost Prices

Joe Biden had a neat, nine-point plan for energy when he campaigned for president.

Electric Car

Volkswagen and GM Outperform Hyundai Motor Group in EV Sales in China

Among Hyundai Motor Group’s electric vehicle models, only the Niro ranked 18th in the world's top 20 best-selling EV models in January 2021, said global EV mar…

Oil & Gas Trade

Hyundai Oilbank to Export Gasoline to the U.S. for First Tim

Hyundai Oilbank announced on March 15 that it will export gasoline products to the United States in the second quarter of the year.

Nuclear Power Plant

Ohio Senate Strips Subsidies from Nuclear Power Plant Bailout Law

Ohio Senators have unanimously approved a bill that strips out a key provision of the sweeping energy law that’s at the center of a federal corruption scandal.…

Carbon Neutral

5-Year Blueprint Paves Way for 2060 Carbon Neutrality

Over the next five years and beyond, China will take more measures to restructure its industry and energy mix in a greener way, and this will lay a solid founda…

Carbon Neutral

Fortescue Aims for Zero Carbon Emissions by 2030

Australia’s Fortescue Metals Group said on Monday it will aim to become carbon neutral by 2030, 10 years ahead of its earlier target, and tie pay across the co…

Electric Car

Hyundai Electric Vehicles in China Likely to Come with BYD Batteries

Hyundai Motor Co. is predicted to use BYD batteries in its electric vehicles to be sold in China. Earlier, the company decided last year to equip its electric v…

Oil Refinery

Oil Refining Companies Discuss Carbon Neutrality

The Ministry of Trade, Industry and Energy, SK innovation, GS Caltex, S-Oil and Hyundai Oilbank discussed carbon neutrality strategies on March 11.

SINOPEC

Sinopec Accelerates Hydrogen Energy Development to Build World-leading Clean Energy Chemical Company

As a secondary source of energy, hydrogen is playing an increasingly important role on the world energy stage.

Energy Security

Saudis Vow To Protect Oil Facilities And Global Supply After Latest Attacks

On Sunday, Yemen’s Houthi rebels said they had fired 14 drones and eight ballistic missiles at oil facilities at the Saudi port of Ras Tanura and military targ…

Solar Power Plant

Advancing Standards for PV Mounting Systems| Thorsten Kray is the New Head of Research and Standardization at AEROCOMPACT

Satteins, Austria, March 8, 2021. The Austrian manufacturer of PV mounting systems AEROCOMPACT strengthens its team with the internationally known wind engineer…

RCEP

China has Officially Ratified RCEP Deal: Commerce Minister

The Chinese government has officially ratified the Regional Comprehensive Economic Partnership agreement, Minister of Commerce Wang Wentao said Monday.

Power Cable

Israel, Cyprus and Greece Agree to Link Power Grids via Subsea Cable

Cyprus, Greece and Israel on Monday signed an initial agreement to build the world's longest and deepest underwater power cable that will traverse the Mediterra…

Hydrogen Fuel Cell Vehicle

Australia Includes H2 Vehicles in Government Fleet

In Australia, the ACT (Australian capital territory) government has just incorporated 20 Hyundai NEXO hydrogen fuel cell vehicles into the government fleet.

LNG

Russia’s Gazprom Boasts First Carbon-Neutral LNG Delivery In Europe

Russian gas giant Gazprom said on Monday that it had delivered the first carbon-neutral liquefied natural gas in Europe, shipping the fuel to Shell in the UK.