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Crude Oil

Venezuela Takes First Iranian Condensate of 2022

Venezuela has received this year's first cargo of the Iranian condensate that has proven critical to its crude production recovery.

Energy Storage Battery

Massive UK Battery Factory Receives $2.3bn in Funding

Britishvolt plans to manufacture 300,000 electric vehicle battery packs per year.

Rooftop PV System

Video: China Installs Record Number of Solar Panels on Rooftops in Race for Carbon Neutrality

China installs record number of solar panels on rooftops in race for carbon neutrality

Energy Investment

Hyundai Engineering to Expand Business in Energy Sector

According to the company, its investments in plastic recycling and carbon dioxide recycling will be 530 billion won and 350 billion won, respectively.

Power Construction

UK Plans More Power Capacity To Avoid Outages Next Winter

The UK looks to prevent power outages next winter season by setting a higher target for the 2022/2023 power capacity auction than the one recommended by grid op…

Natural Gas

Saudi Arabia’s Gas Production Hits Record-High

Saudi Arabia has grown its natural gas production by 30 percent in a decade to a record 11 billion cubic feet per day (Bcf/d) in 2020

Oil Price

Japan to Subsidize Oil Wholesalers for 1st Time to Curb Fuel Price

Japan's industry minister Koichi Hagiuda said Tuesday the government will implement for the first time its oil industry subsidy program, which is aimed at curbi…

Floating Solar Project

Czechia’s First Floating Photovoltaic Plant

Operated by Czech utility CEZ Group, the pilot solar plant will be located at different heights during the charge and recharge cycles of a pumped-hydro plant an…

United Arab Emirates

Dubai Energy Demand Rises 10% in 2021 Amid Economic Recovery

Total demand in the emirate reached 50,202 gigawatt-hours last year.

Coal Production

Indonesia Assures PHL on Coal Supply

THE PHILIPPINES has received assurances on Indonesia’s intention to resume coal exports once Jakarta allocates sufficient quantities for its domestic needs.

Net Zero Emission

Chinese Companies Employ a Green Trend in Turkey

An increasing number of Chinese companies are operating in Turkey in the energy, construction and transportation fields in recent years with win-win cooperation…

Personnel Appointment

China Evergrande Appoints EV Unit Chairman as Executive Director

China Evergrande Group said on Sunday it had appointed its Energy Vehicle unit's chairman as an executive director.

Solar Cell

New Efficiency Record For Solar Cell Technology

A team of researchers from the NUS has set a new record in the power conversion efficiency of solar cells made using perovskite and organic materials.

Nuclear Power Plant

Rosatom Presents SMR Technology at EXPO 2020

Rosatom, the state nuclear corporation of Russia recently hosted Small Modular Reactors Day at EXPO 2020, which is currently taking place in Dubai.

Market Analysis

EIA Forecasts US Fossil Fuel Production to Reach New Highs in 2023

After declining in 2020, the combined production of US fossil fuels increased by 2% in 2021 to 77.14 quadrillion British thermal units.