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Oil & Gas Trade

Korea's Imports of U.S. Crude Oil Considerably Increases Last Year

As a result, South Korea became the biggest U.S. crude oil importer in Asia last year.

Natural Gas

Europe’s Gas Prices Rise On Muted Russian Supply, Cold Weather

Europe’s natural gas prices rose again on Monday as extra supply from Russia continues to be limited, while colder temperatures point to higher demand later th…

Hydrogen Project

Haldor Topsoe inks €45m Funding Deal to Advance Hydrogen Technologies

Carbon emissions reduction technologies company Haldor Topsoe is strengthening its commitment to a cleaner future, having today inked a €45m loan agreement to …

Solar Power Plant

President of Guyana to Headline Solar Energy Project Handover Ceremony at CARICOM Secretariat

A ceremony to hand over the Solar Photovoltaic Power Generation Plant with Battery and Building Energy Management Systems at the CARICOM Secretariat will be hel…

Nuclear Fusion

Japan Seeks Nuclear Fusion Reactor Prototype by 2050

Japan aims to hammer out its very first research and development strategy for nuclear fusion by summer, Nikkei has learned, with the goal of achieving a prototy…

Energy Storage Battery

Scientists Develop Stable Sodium Battery Technology

Replacing lithium and cobalt in lithium-ion batteries would result in a more environmentally and socially conscious technology, scientists say.

Energy Subsidies

Brazil Extends Controversial Coal Power Subsidy

Brazilian president Jair Bolsonaro signed a law granting a 15-year extension of a subsidy for coal power generation in Santa Catarina state, flying in the face …

Energy Security

Chinese Firms' Energy Projects in Kazakhstan Remain Safe: Sources

Local Chinese companies said that they are prepared, and the Kazakh government will also take corresponding measures to ensure the safety.

Carbon Neutral

S. Korea to Expand Tax Incentives for R&D on Carbon Neutrality Technology

South Korea plans to provide tax incentives for research and development on green technology designed to help cut carbon emissions in an effort to nurture new i…

Wave Energy

Israeli Wave Device Receives First Floaters

Installation of structures for Eco Wave Power device will start later this month

Crude Oil

Oil Rallies Amid Worsening Unrest In Crude Producer Kazakhstan

Oil markets shrug off dip in U.S. gasoline demand

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…

Offshore Wind Power

New Jersey Joins National Offshore Wind Research Group

NJ Board of Public Utilities will contribute $1m over four years to new initiatives

Power Construction

Chance of power market reversal weighs on Mexico

A possible constitutional electricity overhaul will dominate the outlook for Mexico's power sector in 2022, even if chances for its passage appear difficult.

LNG

South Korea Retires Two Oldest Coal-Fired Power Plants, to Replace with LNG

South Korea has permanently shut its two oldest coal-fired power plants, which will be replaced by new LNG-based ones, in line with President Moon Jae-in's push…