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Market Analysis
Wood Mackenzie’s Top Ten Predictions for Energy in 2021
Wood Mackenzie analysts on what we should expect in energy in the coming year, from oil markets to solar costs and coal exports to EVs.
Oil & Gas Trade
Iran To Buy Covid Vaccines With Income From Gas Exports To Iraq
Iran will use part of the proceeds from its electricity and natural gas exports to Iraq to buy COVID-19 vaccines from Europe.
Oil Price
Oil Jumps On Significant Crude Inventory Draw
Crude oil prices rose further today after the Energy Information Administration reported an oil inventory draw of 6.1 million barrels for the week to December 2…
Market Analysis
IRENA Publishes Green Hydrogen Report
Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Rene…
Oil & Gas Trade
Angolan Crude Exports Confirmed Lower in February
The final version of Angola's February crude loading programme sets exports at 1.13mn b/d, down from 1.18mn b/d scheduled for January.
LNG
China’s Sinopec Plans Record LNG Imports to Battle Cold Snap
Sinopec Corp pledged on Tuesday to maximise domestic gas productions and raise imports of liquefied natural gas to record rates as a cold spell hitting large pa…
Solar Power Plant
Capital Dynamics Offloads 108MW California PV Duo
Global private asset management company Capital Dynamics has completed the sale of a majority interest in its almost 108MW Beacon solar portfolio in the US stat…
Coal Trade
Australia Expects Coal Exports to Fall by 9% year-on-year in 2020
In the first three quarters, Australia exported 278 million tons of coal, a year-on-year decrease of 17.6 million tons or 6.0%.
Crude Oil
Video: China's Largest Oil-and-Gas Field Reports Record Output
China's largest oil-and-gas field has produced over 60 million tonnes of oil equivalent of crude oil and natural gas so far this year, hitting a record high.
Hydrogen Fuel Cell
China to Reduce Tariffs on Imported Hydrogen Fuel Cell Components to Boost Development of the Technology
China will lower tariffs on fuel cell-related components imported to the country in 2021 to promote development of the technology.
Wind Turbine
Global Wind Service Joins Siemens Gamesa at Windpark Fryslân
Siemens Gamesa has awarded Global Wind Service (GWS) with a contract for the pre-assembly, transport and installation of turbines at the Windpark Fryslân proje…
Oil Pipeline
Russian Nord Stream 2 Pipe-Laying Vessel Leaves German Site, Indicating Project Progress
Fortuna was now heading for the north German port of Wismar, the data showed.
Crude Oil
Novak Says Russia Backs OPEC+ 500,000 bpd Oil Output Hike from February
Russia expects to support an increase in oil production by the group, known as OPEC+, of another 500,000 barrels per day from February at next month’s summit o…
Market Analysis
Smart5Grid to Advance 5G for Smart Grids in Europe
The EU Horizon 2020 supported Smart5Grid project plans to develop a 5G network platform customised for modern smart grids.
Energy Technology
Diamonds may Power Electrical Grid, EVs more Efficiently
In their paper, the researchers said that diamonds have been shown to have superior carrier mobility, breakdown electric field and thermal conductivity, the mos…
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