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Oil & Gas Trade

Value Of Saudi Oil Exports Jumps 147% In May

Higher oil prices and higher exports resulted in a 147-percent jump in the value of Saudi Arabia’s oil exports in May 2021 compared to May 2020。

Cooperation case

China’s Solution for Sustainable Development Serves As Guideline for Green BRI: Expert

Green development is an important aspect of the blueprint for high-quality development under the Belt and Road Initiative.

Energy Storage Battery

China's June Lithium Hydroxide Exports Push Higher

China's lithium hydroxide exports increased to a six-month high in June, driven by the rapid development of high-nickel ternary lithium-ion batteries in South K…

Net Zero Emission

Indonesia Sets Out Path to Net-Zero Emissions by 2060

Indonesia plans to achieve net-zero emissions by 2060 or sooner, setting targets on the use of energy sources such as coal and biofuels in a report to the UN Fr…

Floating Solar Project

Nexans Wins Norwegian Floating Solar Cable Contract

Equinor has awarded Nexans a contract to supply power export cable for its floating solar offshore pilot Froya in Norway.

Portugal

EDPR Posts 13% Earnings Dip in H1 2021

EDP Renewables has reported EBITDA of €654m for the first half of 2021, a drop of 13% from the same period last year.

Offshore Wind Power

RWE Centralises Management of Global Offshore Wind Fleet

German multinational energy company RWE has signed a new contract that will enable the utility to centralise and optimise the management of its global portfolio…

Oil Price

India May Join China In Bid To Lower Oil Prices

The world’s third-largest crude oil importer, India, could join China in tapping into its strategic petroleum reserve in a bid to sell lower-priced crude to it…

Oil & Gas Trade

UK Gas Exports to EU to Stay Low

UK gas flows to the EU could stay minimal in August-September, as almost all surplus gas could be added to mid-range storage.

Wind Farm

ScottishPower Completes Onshore Wind Farm Project

The project was formed in partnership with Tesco, Britain's biggest retailer, and was built specifically to support the green energy needs of the supermarket gi…

Hydrogen Project

Energy Giants Plan First Offshore Hydrogen Park in German North Sea

RWE, Shell, Gasunie and Equinor have signed a declaration of intent to further their collaboration on the AquaSector project, a large-scale German offshore hydr…

Floating Offshore Wind

Carbon Trust Supports UK Floater Tech Initiative

Outfit will provide technical support to BEIS’ FOW Demonstration Programme assisted by OWC

Energy Investment

Iberdrola, EIB Sign €550m Spanish Smart Grid Loan

The European Investment Bank and Iberdrola have signed a €550m green loan agreement to support the development, modernisation and digitalisation of the company…

Energy Investment

Singapore's GIC invests $240 mln in Arctic Green Energy

Singapore sovereign wealth fund GIC will invest $240 million in Arctic Green Energy to support the renewable energy firm's expansion in Asia and Europe.

Video: China Built the World's Largest FPSO Ship

China's self-built world-class vessel for floating production, storage and offloading was handed over to its user and departed from the mother port in east Chin…