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Hydropower Plant

Additional Investment Announced for Kivalliq Hydro-Fibre Link Project, Canada

Additional investment of around $3 million has been approved to support the potential development of a hydroelectric and fibre-optic link that would connect com…

Electric Car

Bolt EV Nabs First Place in Imported EV Sales in April

The Bolt EV became the best-selling imported electric vehicle in April by selling 148 units.

Energy Investment

The OPEC Fund to Support Renewable Energy Projects in Nepal

The loan represents the OPEC Fund's first financial institution transaction in the country.

EV Market

BYD New-Energy Vehicle Sales Nearly Double in April

China's leading new-energy vehicle manufacturer BYD reported surging sales in April.

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…