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Crude Oil

China To Build Airport, Houses Under Oil-For-Projects Deal In Iraq

Chinese firms are set to build an airport and 90,000 houses in Iraq as part of a 2019 agreement for crude supply in exchange for projects, an Iraqi official was…

Paris Climate Agreement

No Pathway to Reach Paris Agreement Goal without G20: UN Chief

Guterres said he intended to use the opportunity of the upcoming UN General Assembly high-level session to bring leaders together to reach a political understan…

Electric Vehicle Battery

LG-Hyundai Battery Joint Venture Reported to Start Plant Construction in Indonesia Next Month

A battery joint venture between LG Energy Solution and Hyundai Motor will break ground for a plant in Indonesia, local media outlets reported on July 28.

Solar Power Plant

Implats Zimbabwe Unit Plans 185 MW Solar Power Plants

Zimplats, which also jointly owns smaller platinum miner Mimosa Mining Company with Sibanye Stillwater, imports its power from Mozambique's Hydro Cahora Bassa

Crude Oil

Pakistan: Crude Oil Imports Surge 317pc in May

Imports of crude oil increased by a whopping 317 per cent in May which translated into higher than expected production of petroleum products by local refineries…

Coal Mine

NZ Importing Record Amount of Coal to Power Homes and Businesses

New Zealand is likely to import more coal this year than it has in any other year, in the midst of a government-declared climate emergency.

Oil & Gas Trade

Israel Freezes UAE Oil Deal Over Environmental Concerns

The environmental protection ministry says the risk assessment ‘did not meet the conditions’ stipulated by the ministry.

Energy Investment

Honduras Spends 52% more on Oil Imports in First 5 Months 2021

he increase in the oil bill in the first five months of 2021 is due to the rise in the international price of oil, influenced by the reactivation of the economi…

Crude Oil

Iran Opens New Oil Terminal in Bid to Bypass Crucial Strait of Hormuz for Exports

Iran on Thursday opened its first oil terminal in the Gulf of Oman, a move aimed at making Iranian President Hassan Rouhani’s regime less dependent on the Stra…

Oil & Gas Trade

Italian LNG Imports Fall on Quick Algerian Piped Supply

Italy's LNG receipts have fallen sharply since the start of the 2020-21 gas year, displaced by brisk Algerian pipeline take.

Energy Taxation

India May Oppose Carbon Border Tax at G20 Meet

Under a proposal by EU, the 27 EU nations will impose a border tax on imports of carbon-intensive goods. The tax plan, yet to be legally formalised, will come i…

Energy Storage Battery

Godi Energy Raises Funds from Blue Ashva Capital to Setup Lithium-ion Cell Gigafactory

It said that it forayed into the manufacturing of lithium-ion cells because of performance issues that arose from the imported cells

Vietnam

Renewed Lockdown to Limit Vietnam's Gasoline Demand

Net importer Vietnam's gasoline demand is expected to take another hit as part of the country returns to a lockdown with rising Covid-19 cases.

Crude Oil

Russia Weighs Gasoline Export Ban

Russia is ready to introduce a ban on gasoline exports as soon as next week amid record-high wholesale prices on the exchange.

CCS

UK’s Carbon Capture Plan Carries A Hefty Price Tag

The cost of development of clean hydrogen and greenhouse gas removals could surpass £40bn by 2035, according to a new report by the UK’s carbon capture trade …