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Crude Oil
China Issues Higher Oil Import Quotas For 2021
China has issued the first round of crude oil quotas for next year, and it is 18 percent higher than the respective round for 2019, citing unnamed sources in th…
OPEC
Russian Energy Ministers Tells Biden Not To Disturb Oil Markets
Joe Biden’s presidency will hopefully not interfere with OPEC+ actions taken to rebalance oil markets, Russian Deputy Prime Minister and former Energy Minister…
Oil Field
Gazprom & LUKOIL Sign Master Agreement to Develop Two Fields
Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, signed the Master Agreement on the terms of the developme…
Energy Storage Battery
Chinese Company Kedali to Build Lithium Battery Parts Plant in Hungary
The plant, which will manufacture components for lithium-ion powered batteries in Godollo, northern Hungary, will create 330 new jobs, Szijjarto told a press co…
Market Analysis
Does Geothermal Energy Have A Future Under The Biden Administration?
The Biden Administration – due to take office January 20th, 2021 – is expected to turn political rhetoric into political action when it comes to the nation’s…
Oil Price
Oil Tumbles As New Virus Strain Revives Demand Fears
Oil prices tumbled on Monday as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked wor…
Solar Power Plant
Greenbacker Acquires 104-MW Graphite Solar Project from rPlus Energies
Greenbacker Renewable Energy has, through a wholly-owned subsidiary, purchased an 80-MWac /104-MWdc pre-operational solar project from rPlus Energies.
Nuclear Power Plant
Canada Releases National Small Modular Reactor Action Plan
Canada Minister of Natural Resources Seamus O’Regan, released a national SMR Action Plan, which responds to the 53 recommendations identified in Canada’s SMR …
Crude Oil
China's Top Refiner Sees Oil Product Demand Peak By 2025
China's largest refiner, Sinopec, expects domestic demand for oil products to peak by 2025 due to COVID impacts and the rise of electric vehicles, citing Sinope…
Oil & Gas Supply
US Backs EastMed Pipeline to Supply Gas to Europe
“We are going to continue to work with Israel, Greece and other interested parties to ensure that the infrastructure will be developed,” US Secretary of Energ…
Net Zero Emission
US President-elect Biden Eounds out Climate Team with Progressives to Push Clean-Energy Agenda
Debra Haaland would become first Native American to head Department of Interior, while environmentalist Michael Regan in frame to run EPA
Offshore Wind Power
Iberdrola to Enter Polish Offshore Wind Market
Agreement to take 50% interest in Sea Wind which has a pipeline in early stages of development of up to 7.3GW
Wind Farm
Siemens Energy to Install IoT Transmission Tech at Vietnam Wind Farms
Siemens Energy has been awarded a contract by Technology Resources Energy to equip two onshore wind farms in Vietnam with digitally enhanced transmission equipm…
Personnel Appointment
Biden to Nominate Regan as EPA Administrator
President-elect Joe Biden is expected to announce Michael Regan as his nominee to serve as administrator of the U.S EPA.
Video: How The U.S. Fell Behind China In The Fight Against Climate Change
Ever since President Trump withdrew the U.S. from the Paris Agreement, China has played an increasingly large role in the international fight against climate ch…
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