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Crude Oil
Biden Defends Alaska Oil Project
President Biden’s administration has backed the Willow oil project in Alaska in a new filing by the Department of Justice.
Solar Power Plant
MOZAMBIQUE: TSK Wins Construction of Cuamba Solar Power Plant with Storage
The Spanish group TSK has won the contract to build the Cuamba solar power plant in the Niassa province of Mozambique.
Energy Subsidies
Hyundai Motor's IONIQ 5 Eligible for Subsidies from Chinese Government
Hyundai Motor’s IONIQ 5 loaded with batteries from SK Innovation are expected to receive subsidies from the Chinese government starting from the second half of…
United Arab Emirates
UAE Asks to Host 2023 UN Climate Change Conference
he annual Conference of Parties is the decision-making body responsible for monitoring and reviewing the implementation of the United Nations Framework Conventi…
Electric Car
SK Innovation and Ford Sign MOU to Form EV Battery Joint Venture in the U.S.
SK Innovation and Ford announced they have signed a memorandum of understanding to create a joint venture – to be called BlueOvalSK – to produce approximately…
Nuclear Power Plant
Petrozavodskmash Atarted Manufacturing Pump Sets for Xudapu NPS
First spherical blanks have been through the incoming inspection by ultrasonic testing.
Crude Oil
S Korea's SK Energy to Limit Q2 Oil Product Output Amid Fragile Asian Demand
Transportation fuels -- including gasoline, diesel and jet fuel -- saw their refining margins improve sharply from 2020 levels amid a pick up in mobility, but S…
Power Construction
German Energy Regulator Sees Good Progress on Power Grid Expansion
Europe's biggest economy aims to cut carbon emissions by 2030 by 65% from 2019 levels under new targets set last week. It is demanding the energy sector bear mo…
Personnel Appointment
Iran’s Oil Minister Zanganeh to Retire After Election
Iran's veteran oil minister Bijan Namdar Zanganeh said that he will retire once a new president is inaugurated following next month's election, even if he is as…
Hydrogen Technology
Doosan Mobility Innovation Accelerating UAM Technology Development
Doosan Mobility Innovation has formed an urban air mobility task force at its R&D center to accelerate technology development.
Hydropower Plant
Republic of Srpska, Serbia Start Construction of HPP Buk Bijela
The prime ministers of the Republic of Srpska and Serbia, Radovan Višković and Ana Brnabić, attended the groundbreaking ceremony for the construction of the …
Tesla Stops Accepting Bitcoin As Payment
Less than two months after Tesla’s Elon Musk said the company will be accepting bitcoin as payment for EVs, the company’s CEO did a U-turn, tweeting that Tesl…
Electric Vehicle Battery
SK Innovation: More Battery Order Wins Expected
Maintain BUY and revise up our target price to KRW400,000
Solar Cell
Novel ‘Molecular Glue’ Boosts Reliability of Perovskite Cells
A research team from Brown University in the US has found a way to strengthen a key weak point in perovskite solar cells, dramatically increasing their function…
Hydrogen Project
Canada's Suncor and ATCO to Develop Country's Largest Hydrogen Project in Alberta
Canada's Suncor Energy will partner with utility ATCO Ltd to develop a clean hydrogen project near Fort Saskatchewan, Alberta, in one of the most significant s…
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