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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.
LNG
US Expected to be World's Biggest LNG Exporter as China Poised to Become Top Importer
Brazilian imports more than tripled amid a drought and weak hydropower generation soaring to 7.5 MMt in 2021
Offshore Wind Power
Huaneng Powers up 1GW of Projects in China
Huaneng has started commercial operations for 1GW of new renewables projects in China.
Crude Oil
Saudi Arabia may Set Deep Crude Price Cuts for Asia in February
Top oil exporter Saudi Arabia may implement deep price cuts for the crude it sells to Asia in February after Middle East benchmarks and spot prices slumped this…
Hydropower Plant
'World's Largest' Pumped Storage Power Station Starts Operations
The Fengning pumped storage power station in north China's Hebei Province, which is said to be the largest of such kind in the world, started operations officia…
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…
Offshore Wind Power
Germany Plans Further 3 GW of Offshore Wind in North Sea
Germany’s Federal Maritime and Hydrographic Agency has started a process of updating the country’s new maritime spatial plan to accommodate additional 3 GW of…
Solar Inverter
Sungrow Secures 280MW PV Inverter Contract in Bangladesh
The plant will have the capacity to power more than 200,000 homes in the region.
Solar Power Plant
SPNEC Starts Construction of ‘Biggest Solar Project in Southeast Asia’
Newly-listed Solar Philippines Nueva Ecija Corporation over the weekend said it has started the construction of what it envisions to be the biggest solar projec…
Solar Power Plant
Lightsource BP Begins Construction of Spanish Solar Project
Lightsource bp has started the construction of its third project in Spain in 2021.
Crude Oil
South Korea To Release 3 Million Barrels Of Oil Reserves In Early 2022
South Korea will release 3.17 million barrels of its oil reserves in the first quarter of 2022 as part of the U.S.-led global effort by major oil-consuming nati…
Hydrogen Project
Lightsource BP to Partner with Dourogas on Green Hydrogen Projects in Portugal
There is excitement in some quarters about the potential of green hydrogen, but challenges remain.
Coal-Fired Power Plants
India To Consider Stopping New Coal Plants Construction
India is reviewing a proposal to stop new coal-fired capacity construction under a plan to meet its climate pledges, Indian outlet The Economic Times reported o…
LNG
CNOOC To Take First LNG Cargo From U.S. Exporter
China National Offshore Oil Corporation, the largest Chinese importer of liquefied natural gas, has signed a deal with U.S. firm Venture Global LNG to buy LNG f…
Oil & Gas Trade
China’s Oil Imports in November from Saudi Arabia Fall from a Year Earlier
China’s crude oil imports from Saudi Arabia in November fell 13% from a year earlier, but the kingdom retained its ranking as the top supplier to the world’s …
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