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EU
EU Begins Discussions on Group II Quota for 2022
The EU Commission and member state representatives will meet today and tomorrow to discuss the Group II base oil import quota for January to December 2022.
Crude Oil
Oil Prices Tumble As Crude Inventories Rise
Crude oil prices moved further down today after the Energy Information Administration reported a crude oil inventory build of 1.3 million barrels for the week t…
Crude Oil
Angolan Crude Oil Exports to Drop in July - Programme
Angola will export 33 crude oil cargoes in July, including one cargo of Plutonio deferred from June, down from 37 cargoes initially scheduled in June.
Crude Oil
S Korea's SK Energy to Limit Q2 Oil Product Output Amid Fragile Asian Demand
Transportation fuels -- including gasoline, diesel and jet fuel -- saw their refining margins improve sharply from 2020 levels amid a pick up in mobility, but S…
Nuclear Equipment
Cyclife to Dispose of 16 German Steam Generators
EDF subsidiary Cyclife Sweden AB has signed a long-term contract with German nuclear operator PreussenElektra for the transport and processing of 16 steam gener…
Oil & Gas Trade
Iran Preps New Oil Export Terminal Beyond Strait of Hormuz
Iran said it will soon export oil from a new port that allows it to bypass the Strait of Hormuz, as nuclear talks between Tehran and other world powers show sig…
Power Construction
German Energy Regulator Sees Good Progress on Power Grid Expansion
Europe's biggest economy aims to cut carbon emissions by 2030 by 65% from 2019 levels under new targets set last week. It is demanding the energy sector bear mo…
Electric Vehicle Battery
CATL Beats LG And Panasonic To Become Leading Battery Maker
A new report by Adamas Intelligence reveals that CATL deployed 13.3 GWh of battery capacity onto roads in newly sold passenger EVs globally, a figure that is 12…
Power Cable
Sumitomo Electric Wins Offshore Wind Cable Contract with UK’s Gwynt y Môr OFTO
The export cable is considered to be a critical infrastructure to deliver renewable energy to UK consumers.
Net Zero Emission
IEA Presents Energy Roadmap to Net Zero by 2050
The International Energy Agency today published a report outlining the essential conditions for the global energy sector to reach net-zero CO2 emissions by 2050…
Nuclear Power Plant
Belarus Ready to Export Nuclear Electricity If Necessary
Although the Belarusian NPP is primarily designed to satisfy the domestic demand for electricity, if necessary, Belarus can export its electricity
Net Zero Emission
IEA Report is a ‘Rallying Cry for Governments’
IEA has released its much anticipated 2050 net zero emissions roadmap for the global energy sector, calling for the immediate and massive deployment of all avai…
Crude Oil
Crude Prices Cross $70 per barrel as Western Economies Open
Portugal eased its border restrictions and opened for tourists from the UK and the EU earlier this week
Smart Grid
National Grid Electricity Transmission Applies Smart Wires Technology
NGET is using innovative and transformational technology to unlock 1.5GW of network capacity – enough renewable energy to power 1 million homes and supporting …
Microgrid
Solad Connects Thousands of Nigerian Businesses to Reliable Power
Solad Power Group has across its portfolio of minigrids in Nigeria has connected its 10,000th small business to affordable and reliable power, the company recen…
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