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Geothermal Power Plant
DOE awards $8.4M for Accessing Geothermal Potential from Abandoned Oil and Gas Wells
The US DOE selected four new projects to receive up to $8.4 million to establish new geothermal energy and heat production from abandoned oil and gas wells.
CNOOC
Chinese Oil Major CNOOC Targets Record High Production This Decade
CNOOC set its production target at 600 million to 610 million barrels of oil equivalent (boe) for 2022, up from the 2021 target of 545-555 million boe
Electric Vehicle Battery
Toshiba Launches 20Ah-HP SCiB Rechargeable Li-ion Battery
Toshiba Corporation expanded its SCiB product offering with the launch of a 20Ah-HP rechargeable lithium-ion battery cell that delivers high energy and high pow…
Natural Gas
Dana Gas and Crescent Petroleum Post 50% Jump in Gas Production in Iraqi Kurdistan
Production from operations in Iraqi Kurdistan over a three-year period reached a record 452 million cubic feet of gas per day at the end of 2021
Energy Security
Approved Power Projects in Nigeria do not Make a Dent in Power Problem
A recent review shows that 43 power projects approved by the Nigerian Electricity Regulatory Commission have not made a dent in alleviating the electricity cris…
Crude Oil
Several Asian Refiners to Receive Full Saudi Crude Allocation in February
Saudi Aramco has notified at least five Asian buyers that it will supply full contractual volumes of crude oil in February, same as January, sources with knowle…
Electric Vehicle Battery
Veolia Announces Its First EV Battery Recycling Plant in UK
Veolia, the UK’s leading resource management company, has announced its first electric vehicle battery recycling facility in the UK, which will have the capaci…
Electricity Transmission
Xinjiang's Power Transmission Volume Hits New High in 2021
Northwest China's Xinjiang Uygur Autonomous Region transmitted a record 122 billion kilowatt-hours of locally generated electricity to other parts of the countr…
Carbon Pricing
China’s Emissions Trading Market Likely to See Expansion, Rising Carbon Price in 2022, Say Analysts
The carbon price in the emissions trading scheme could reach 65 yuan per tonne this year, up from 54.22 yuan at the end of 2021, Refinitiv forecasts
Cooperation case
China, Maldives Pledge Cooperation on Belt & Road, Post-Pandemic Recovery
Visiting Chinese State Councilor and Foreign Minister Wang Yi met with Maldivian Foreign Minister Abdulla Shahid here on Saturday, with both sides pledging to j…
EU
EU Green Finance Rules to Include Nuclear and Gas Projects
A draft of the bloc’s green finance taxonomy sets out conditions for projects to receive transition funds.
Transformer
GE’s Digital Power Transformers Selected for Multiple Projects Across the Globe
GE Renewable Energy’s Grid Solutions business has announced a series of recent wins for its low-maintenance, high-performing digital power transformers.
Crude Oil
Libya Oil Pipeline Maintenance Completed
Libya's state-owned oil firm NOC expects the country's crude production to partially recover in the coming days following the early completion of pipeline maint…
Wave Energy
Israeli Wave Device Receives First Floaters
Installation of structures for Eco Wave Power device will start later this month
Oil Field
ExxonMobil Announces Two New Oil Discoveries In Guyana
ExxonMobil has made two more discoveries in the Stabroek block offshore Guyana, which add to the previously announced 10 billion oil-equivalent barrels recovera…
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