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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…

Market Analysis

Russian Nuclear Plants Announce New Electricity Generation Record

Russia’s nuclear utility Rosenergoatom said on 2 January that Russian nuclear power plants had begun 2022 with a new electricity generation record of 222.436TW…

Electricity Trade

Power Costs in Europe Soar to Record High in 2021

The continent's energy crunch followed shortages of natural gas just as demand rebounded following 2020’s lockdowns

Energy-Eficient Building

Nearly 2k Homes Across West Midlands to get Energy Efficiency Boost

Poor insulated, low income households are set to receive support from the local authorities

Hydrogen Project

Beijing Jingneng Building 1 GW of Wind, Solar with Storage Space As Well as Some Hydrogen Production

Beijing Jingneng Clean Energy Co Ltd on Tuesday introduced that it recently started building of 1 GW of wind as well as solar projects in Inner Mongolia with so…