Rec

Market Analysis

Global Nuclear Power Share to Rise 15pc by 2030

The capacity of nuclear power worldwide of around 400,000 MW , meeting 10% of global electricity generation, is forecast to exceed 500,000 MW by 2030.

Carbon Emissions

Shell's 2020 Carbon Emissions Fall on the Back of Fuel Sales Drop

Shell said in its annual report that total emissions from its oil wells to forecourt fuel sales fell to 1.38 billion tonnes of carbon dioxide equivalent last ye…

Electric Car

China's February EV Production, Sales at Record High

China's new energy vehicle production and sales rose for the eighth consecutive month in February, with the volume setting new monthly records.

Oil & Gas Trade

Israel's Leviathan to Sell 10bn m³ of Gas in 2021

Israeli upstream firm Delek Drilling expects its 649bn m³ Leviathan field to sell around 10bn m³ of gas this year, up from the 8.9bn m³ forecast in July last…

Oil Refinery

Petron to Restart Philippine Refinery by 2H 2021

Philippine private-sector firm Petron plans to resume refining activity at its 180,000 b/d Bataan refinery by the second half this year on expectations of a sig…

Coal Trade

Vietnam's Coal Imports Fall Further in February

Vietnamese coal imports slipped for a third straight month in February from a year earlier as industrial activity slowed amid the lunar new year holiday and a r…

OPEC

India Asks Refiners to Diversify, Cut Reliance on Middle East Oil After Opec+ Decision

India, hit hard by the soaring oil prices, has urged producers to ease output cuts and help the global economic recovery

Nuclear Power Plant

Video: Recognizing 50 Years of Carbon-Free Nuclear Energy at Robinson Nuclear Plant

​On March 7, 2021, Robinson Nuclear Plant celebrated 50 years of commercial operations, or more simply, 50 years of providing electricity to customers in the C…

Video| Grossi on Fukushima: Marking a Decade Since the Accident

​IAEA Director General Rafael Mariano Grossi issued a statement to mark the tenth anniversary of the Fukushima Daiichi nuclear power plant accident.

Electric Vehicle Battery

Samsung SDI Increasing Investment for Better Batteries

Samsung SDI invested a record high of 808.3 billion won in R&D last year.

Energy Storage Project

Malawi to Receive First Commercial-Scale Solar+Storage Plant

InfraCo Africa, part of the Private Infrastructure Development Group, and its project partner, JCM Power, have committed to financing the construction of the 20…

Oil & Gas Supply

COVID-19 And Electrification Bring Hydrocarbon Demand Peak Forward To 2027, Says McKinsey & Company

The pandemic has resulted in a profound reduction in energy demand, from which McKinsey expects it will take between one to four years to recover – with electr…

Electric Vehicle Charging

Shell and Alfen Launch Energy Storage Pilot for Electric Vehicle Charging

Shell and Alfen have launched a pilot to trial an on-site battery-powered system to support ultra-fast electric vehicle charging at Shell’s Zaltbommel forecour…

Natural Gas

Texas Freeze Caused Record Gas Spot Prices and Outages

In the wake of a February winter storm that left Texans reeling from freezing temperatures and failed power generation units, reports are starting to publish da…

LNG

Japan-backed AG&P Says Gets Approval to Develop Philippines LNG Terminal

Atlantic Gulf & Pacific Company said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas import and regasificat…