Res

Energy Storage System

Siemens and Fluence to Provide Energy Storage for Grid Resilience on Madeira Island

Utility Empresa de Electricidade da Madeira has selected Siemens Smart Infrastructure and Fluence for the development of an energy storage system on the Portugu…

Natural Gas

China's Sinopec Raises Daily Gas Supply by 10 million cu m to Cope with Cold Snap

Chinese state-owned oil and gas major Sinopec has increased daily natural gas supply to the north of the country by more than 10 million cubic meters in a bid t…

Finland

Finland Targets Creating a World-Leading Hydrogen Economy

Finland is continuing to develop its hydrogen economy with many Finnish businesses, research centres and government figures coming together to support the growi…

Natural Gas

Jonah, PureWest both Reach Natural-Gas Milestones

Separately, Jonah Energy and PureWest are announcing milestones in the privately held companies’ quests to market responsibly sourced natural gas.

Crude Oil

Biden Announces Global Effort to Ease Energy Costs

US president orders 50 million barrels of oil to be released from nation's strategic petroleum reserve

Power Construction

Nigeria: Old Circuit Breakers in Substations to be Rehabilitated

In an effort to improve bulk power transmission to distribution centres nationwide the Transmission Company of Nigeria will start the rehabilitation and replace…

Hydrogen Project

SK to Build World’s Largest Blue Hydrogen Plant

The annual production and the total project cost are estimated at 250,000 tons and 5.3 trillion won, respectively. In addition, 100 hydrogen charging stations w…

RCEP

Upgraded China-ASEAN Partnership Amplifies RCEP co-op

HF SPIRIT, a freighter sailing from Jakarta, capital of Indonesia, arrived at the Qinzhou Port in south China's Guangxi Zhuang Autonomous Region on Nov. 20, bri…

Nuclear Power Plant

Rosatom Seeks to Develop Small NPPs with Hydrogen Batteries

Polet-Service, commissioned by a subsidiary of Rosatom, is to undertake research on a power supply for remote Arctic territories using low-power nuclear power p…

Nuclear Reactor

KSTAR Nuclear Fusion Reactor Further Improved

The National Fusion Research Institute announced on Nov. 22 that its plasma operation at 100 million degrees Celsius, an essential requirement for nuclear fusio…

Oil Price

Global Oil Prices Retreat in Face of Supply and Demand Pressures

Brent crude was down 56 cents, or 0.7%, at $78.33 a barrel at 1157 GMT and U.S. West Texas Intermediate crude fell 54 cents, or 0.7%, to $75.40.

Crude Oil

OPEC Considers Lowering Production to Account for Oil Reserve Releases

OPEC and its allies may re-evaluate plans for reviving oil supplies if the world’s four largest consuming countries go ahead with a co-ordinated release of the…

Substation

Keppel Secures Offshore Substation Contract

Keppel Offshore & Marine Ltd’s wholly-owned subsidiary Keppel FELS Ltd has secured a contract from a renewable energy company for the construction of two offsh…

Thermal Coal

China's Thermal Coal Futures Plunge Around 60% Since mid-October, State Planner Says

The prices of thermal coal futures have plunged around 60 percent since mid-October as a series of measures have shown results.

Electricity Transmission

Construction Temporarily Halted on Maine's $1B Transmission Line

The developer of a $1 billion electric transmission line is suspending construction at the request of Maine's governor after she certified election results Frid…