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Crude Oil
China's Top Refiner Sees Oil Product Demand Peak By 2025
China's largest refiner, Sinopec, expects domestic demand for oil products to peak by 2025 due to COVID impacts and the rise of electric vehicles, citing Sinope…
Nuclear Reactor
Hydraulic Tests Performed on VVER-TOI Reactor Vessel
A crane with a lifting capacity of 600 tons was used to install the 11-metre high VVER-TOI reactor vessel in position inside a special support ring.
Wind Power Project
Developer Awards Contracts for Vietnam's Largest Intertidal Wind Project
The developer of the 350-MW intertidal wind project off the coast of Vietnam’s Ca Mau Province has awarded a couple of important contracts in the course of a m…
Wind Farm
EDP Renováveis Completes the 100% Acquisition of the Renewables Business of Viesgo
EDPR will acquire 100% of a portfolio of 511 MW of renewable installed capacity in Spain and Portugal.
Crude Oil
Belarus Suspends Klaipeda Oil Product Exports
Belarus appears to be halting oil product exports through the Lithuanian port of Klaipeda in what may be a politically-motivated move.
Energy Investment
Toyota Invests in CaetanoBus and Finlog
Toyota Caetano Portugal has invested in CaetanoBus and Finlog in a bid to accelerate the spread of hydrogen mobility.
Oil Pipeline
U.S. Throws Weight Behind Construction of EastMed Gas Pipeline
Greece aims to play an important role in helping Europe diversify its energy resources away from Russia, an objective strongly supported by Washington
Electric Car
DTNA Commits to Carbon Neutral Vehicle Production
Manufacturer plans to achieve CO₂-neutral goals by 2025; expects Portland truck plant to hit target this year.
Net Zero Emission
Princeton Study Charts a $2.5T Pathway to a Net-Zero Carbon US
The report forecasts massive renewables investments and radical shifts in transport, heating and energy, as well as a relatively slight increase in energy costs…
Oil & Gas Trade
Putin: Russia Reduces Its Dependence On Oil
Russia is successfully weaning itself off oil revenues, President Vladimir Putin said today during an annual end-of-the-year news conference, as quoted by RT.
Energy Security
Alaska Environmental Regulator Reports 190-Barrel Oil Spill at Hilcorp site on Cook Inlet
An oil spill at a Hilcorp Alaska facility on the west side of Cook Inlet was discovered Tuesday afternoon, a state environmental regulator said Wednesday.
Crude Oil
Oil Jumps On Crude Inventory Draw
Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory decline of 3.1 million barrels for the week to December 1…
Oil & Gas Trade
Egypt And Iraq Sign Landmark Oil Deal
Egypt and Iraq have signed an oil-for-reconstruction plan this December, expected to come into effect once constitutional procedures have been completed.
Nuclear Power Plant
NASA Supports America's National Strategy for Space Nuclear Power and Propulsion
President Donald Trump has issued a new Space Policy Directive that will help propel NASA and humanity’s next giant leap – creating a sustainable presence on …
Oil & Gas Trade
China's LNG Imports Could Hit Record High in Dec as Demand Bounces Back
The world's second largest LNG importer after Japan is on track to import its highest monthly volumes since December 2019, Refinitiv shiptracking data showed.
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