U.s

Crude Oil

China Begins Releasing Oil from Its Strategic Reserves

China is releasing some oil from its strategic reserves days after the U.S. invited it to participate in a joint sale, suggesting the world’s two biggest oil c…

Net Zero Emission

U.S. To Discuss Energy Transition With Mexico’s President

The United States will discuss energy and climate issues with Mexico as part of the North American Leaders’ Summit on Thursday, which will see Joe Biden and An…

Solar Cell

Hanwha to Invest in REC Silicon to Restart U.S. Polysilicon Production for Solar

Hanwha Solutions, the Korean company behind the Hanwha Q CELLS solar brand, plans to invest $160.47 million for a 16.67% stake in REC Silicon ASA.

Crude Oil

Nigeria to Stage for Oil, Gas Investment in U.S.

Amid global energy transition and changes in the sector to accommodate the exigencies of climate change and carbon reduction, Nigeria is making efforts to stage…

Power Construction

Taihan Cable & Solution Lands KRW60bn Power Grid Project in the U.S.

Taihan Cable & Solution announced on Nov. 15 that it has won a power grid project in western California.

Natural Gas

U.S. Natural Gas Prices Could Soon Hit $6

Research firm HFI noted that the latest 10-15-day weather forecast is pointing towards colder than usual weather

Oil Shale

Exclusive: Exxon Launches Sale of Shale Gas Properties in Texas

Exxon Mobil on Monday launched a sale of its oil and gas properties in the first major U.S. shale field, a spokesperson confirmed, as part of a portfolio reshuf…

Xi-Biden Virtual Meeting to be Held Tuesday Morning

A virtual meeting between Chinese President Xi Jinping and U.S. President Joe Biden will be held on Tuesday morning (Beijing Time).

Carbon Pricing

As Climate Change Policy Takes Shape, will the U.S. Ever Put a Price on Carbon?

Oil prices are high and the government is considering tapping the Strategic Petroleum Reserve to ease energy inflation felt by consumers.

Energy Taxation

Biden, Pushing Tax Breaks for Electric Vehicles, to Visit GM Factory

U.S. President Joe Biden will visit a Michigan General Motors electric vehicle plant next week as the White House pushes Congress to approve big tax incentives …

Oil Refinery

CITIC Construction Wins bid Worth 5.7 bln USD in Iraq

CITIC Construction Co., Ltd., a subsidiary of CITIC Group, has recently won the bid for the first and second phase of the AI Khairat Heavy Oil Power Plant Proje…

Energy Storage Battery

LG Energy Solution and Samsung SDI to Supply Batteries to Large ESS Project in the U.S.

LG Energy Solution and Samsung SDI will supply batteries to a large-scale energy storage system project in the United States.

Oil Price

Oil Prices Plunge into Close, Roiled by Inflation Fears

Oil prices slumped on Thursday, hit by a surge in the dollar after U.S. President Joe Biden said his administration was looking for ways to reduce energy costs …

Electric Vehicle Battery

LG Energy Solution to Supply Batteries to Hydrogen Truck Maker Nikola

LG Energy Solution will supply batteries to Nikola, a U.S. hydrogen-electric truck company, for eight years from 2022 to 2029.

Nuclear Power Plant

Korea, France and the U.S. Likely to Compete for Polish Nuclear Power Plant Project

Korea Hydro & Nuclear Power and the Ministry of Trade, Industry and Energy had a meeting with the government of Poland on Nov. 5 and discussed South Korea’s pa…