Port

Market Analysis

Spain Generates 43.6% of Power from Renewables in 2020

Spain produced 43.6% of its electricity with renewable energy technologies in the year to December 11, Spanish grid operator Red Electrica de Espana said in the…

Oil & Gas Trade

China Issues 122.59 mln T in 1st Round of Oil Import Quotas

Beijing had said inThe ZPC plant last month started operations at a 200,000 barrel per day (bpd) crude processing unit.

Electric Vehicle Battery

Bremen Orders Five Mercedes-Benz eCitaro Buses with Solid-State Batteries

Bremen’s public transport provider Bremer Straßenbahn AG (BSAG) has ordered five new Mercedes-Benz eCitaro electric buses equipped with solid-state batteries.…

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…