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Crude Oil

Saudi Arabia Beats Russia Again To Top Chinese Oil Supplier Spot

Saudi Arabia kept its status as China’s top oil supplier in April, beating Russia for the eighth month in a row as the world’s largest oil buyer imported the …

Natural Gas

Natural Gas a Vital Element in Mission Net Zero: GE

The Gas Exporting Countries Forum, as an intergovernmental coalition of 19 of the world’s leading gas producers together representing 70% of the proven natural…

Distributed Solar

Sinopec Launches First 'Carbon-Neutral' Gas Station

Chinese oil giant Sinopec Group has completed work on the country's first "carbon-neutral" gas station, marking an important step in its drive to reduce carbon …

New Zealand

New Zealand Sees Wholesale Power Price Spike in March Quarter

Wholesale power prices paid by electricity and gas suppliers rose 28.7 percent in the January-March quarter of this year, New Zealand's official data agency Sta…

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