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Electric Vehicle Battery

SK Innovation to Supply Batteries to Geely-Volvo Joint Venture

China's Geely Auto Group announced on June 23 that SK Innovation will supply batteries to its premium electric vehicle brand.

Smart City

K-City Network Global Cooperation Program to Commence Soon

The Ministry of Land, Infrastructure and Transport announced on June 23 that this year’s K-City Network Global Cooperation Program would be initiated in 11 sel…

Solar Power Plant

AFRICA: FSD Invests $4.5m in Nithio for Solar Kits in Three Countries

FSD Africa Investments, the investment arm of FSD Africa, is investing $4.5 million in Nithio.

Oil&Gas Drilling

BP Starts up Manuel Project in Deepwater Gulf of Mexico; 20,100 boe/d

bp announced the safe start-up of the Manuel project in the US Gulf of Mexico, the fourth of five major projects expected to be delivered globally in 2021.

CCS

Iowa Establishes Carbon Sequestration Task Force

Iowa Gov. Kim Reynolds on June 22 signed an executive order to establish a carbon sequestration task force.

Electric Car

Umicore Announces Equity Investment in Solid-State Battery Company Solid Power

This stake was built through two successive investment rounds which Solid Power raised before launching the next phase of its growth through a public listing.

Hydrogen Project

London Welcomes UK’s First Hydrogen-Powered Double Decker Bus

The Mayor of London has today launched the first double-decker hydrogen bus fleet with Nel Hydrogen providing a hydrogen refuelling station to support the zero-…

Hydrogen Project

HTEC to Support Eastern Canada’s Hydrogen Market; HTEC Québec Launched

​Hydrogen Technology & Energy Corporation will launch a new division in July to support hydrogen production, distribution and dispensing solutions in Québec, …

Nuclear Fusion

Helion Passes 100 million Degrees Celsius

It also announced its Trenta prototype recently finished a 16-month testing campaign, completing almost 10,000 high-power pulses.

Nuclear Power Plant

US DOE to Offer Funding for Nuclear Energy Projects

The funding will support projects that will improve resiliency and develop carbon-free nuclear power.

Market Analysis

Biden's Silence on Minnesota Oil Pipeline Frustrates Advocates

Line 3, a comparable project to the canceled Keystone XL pipeline, runs counter to the president's stated climate and environmental goals.

Electric Vehicle Battery

European Commission Launched Lithium-ion Battery Investment Project

The European Commission and the Batteries European Partnership Association have launched a public-private partnership aiming to encourage research into smart ba…

OPEC

OPEC+ Discussing Gradual Oil Output Rise from August

The talks mean that OPEC and Russia are likely to find common ground again on oil production policy

Energy Investment

Mubadala Acquires 2.6% Stake in Russian Aluminium Company En+

The deal increases the Abu Dhabi sovereign fund's stake size to 2.86% in total

Crude Oil

Brent Rallies Close to $76 as Markets Remain Tight

Oil also gained from a projected drawdown of US crude inventories