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Oil & Gas Trade
Yemen Takes First Batch of Saudi Oil Products at Aden
The first shipment of Saudi oil products exported to Yemen as part of a grant agreed with the internationally recognized government there arrived at the Yemeni …
Natural Gas
China’s Natural Gas Imports Surge As Economy Recovers
Natural gas imports into China rose 22.4 percent on the year in the first four months of this year to 39.45 million metric tons.
United Arab Emirates
Dana Gas Year on Year Profits Leap 41pc in Q1
Abu Dhabi-listed Dana Gas reported net profits of $24mn in the first quarter of this year, up 41pc versus the corresponding quarter in 2020, as it boosted produ…
Carbon Neutral
Hitachi ABB Power Grids Supports Iberdrola’s Efforts Towards Carbon-Neutrality
Hitachi ABB Power Grids has been contracted to install Spain’s first eco-efficient EconiQTM high-voltage breakers as part of a substation refurbishment in the …
Siemens Energy Reports Moderate Drop in Q2 revenue
Siemens Energy has reported a decrease in revenue by 4.4%, down to €6.5bn, for the second quarter of 2021, compared to €6.78bn in the same quarter of last yea…
Electricity Trade
EGYPT: Cairo Wants to Export Its Renewable Energy to Iraq Via Jordan
The Egyptian government is studying the possibility of exporting some of its electricity to Iraq.
Power Construction
Eramet Norway to Support Grid Stabilisation in Norway
Through the collaboration between Vattenfall, Sympower and Statnett, ferro-alloy company, Eramet Norway, has gained access to FFR from May - October 2021.
India
India Turns to OPEC Nations Saudi, UAE for Oxygen
He said state-owned Indian Oil Corporation and gas utility GAIL will be arranging for logistics to transport the oxygen
Electric Car
CATL Continuing to Excel in Global EV Battery Market
Market research firm SNE Research reported on May 3 that the global EV battery energy consumption volume was 47.8 GWh in the first quarter of this year, up 127 …
Electric Car
Inside Tesla's New Shanghai Gigafactory
What happens when China, one of the world’s most fiercely competitive manufacturing countries, goes up against Tesla, an American super-company devoted to revo…
Hydrogen Transport
More Hydrogen Pipelines Needed In Europe
If Germany and the rest of Europe are to become climate-neutral by 2050 while maintaining their industrial might, they will have to import vast amounts of hydro…
Hydrogen Fuel Cell Vehicle
Air Liquide, DATS 24, Port of Antwerp to Deploy 300 Hydrogen-Powered Trucks in Belgium by 2025
Air Liquide, DATS 24 and Port of Antwerp want to deploy 300 hydrogen-powered trucks, and the support infrastructure, in Belgium by 2025.
Nuclear Reactor
TVA and Kairos Power to Collaborate on Demonstration reactor
The Tennessee Valley Authority is to provide engineering, operations and licensing support to help Kairos Power deploy its Hermes low-power demonstration reacto…
Oil Price
Saudi Arabia Could Slash Deficit To Below 5% Of GDP At $60 Oil
The world’s largest oil exporter, Saudi Arabia, could see its budget deficit drop to below 5 percent of gross domestic product this year if oil prices average …
Crude Oil
Oil Moves Higher On Largest Crude Draw Since January
Oil prices moved higher after the Energy Information Administration reported a crude oil inventory draw of 8 million barrels for the week to April 30.
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