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Crude Oil

Rystad Energy Sees Oil Demand Peaking In 2026

The accelerating adoption of electric vehicles and electrification in other oil-consuming sectors is set to bring peak oil demand as early as 2026 at 101.6 mill…

Crude Oil

OPEC+ Unlikely To Drastically Change Oil Pact Next Week

The OPEC+ group is unlikely to make any material changes next week to the plans to ease the production cuts over the next three months.

Oil Price

Angola May Privatize State-Owned Oil Firm To Boost Production

OPEC member Angola was Africa’s top oil producer six years ago when oil prices crashed in 2015-2016, slashing oil-producing countries’ revenues and forcing in…

Digitalization

Kazakistan to Explore Satellite Networks for Digital Transformation Project

The government of Kazakistan has signed a new deal with communications solutions firm SES to explore the use of the company’s connectivity services to accelera…

Energy Security

DOE Launches Cybersecurity Plan as Biden Welcomes Chinese-Made Equipment

The US Department of Energy has launched an initiative to enhance the cybersecurity of electric utilities’ industrial control systems and secure the energy sec…

Wind Farm

German Miner Unveils 102MW Wind Farm Plan

Mitteldeutsche Braunkohlengesellschaft has presented proposals for the Breunsdorf project

Video: China Prepares to Launch New Mega Hydroelectric Dam in July

China Prepares to Launch New Mega Hydroelectric Dam in July

Video: China's President Xi Jinping Speaks at the Boao Forum

China's President Xi Jinping has called for a more fair and equitable world order in a clear message to the United States.

China

President's Boao Speech Wins Praise Overseas

Experts from around the world applauded President Xi Jinping's keynote speech on Tuesday at the Boao Forum for Asia annual conference, where he called for uphol…

China Belt and Road

Belt and Road Initiative to Aid Regional Recovery: Brunei's Sultan

The Belt and Road Initiative would further complement the revitalization of economies, said Brunei's Sultan Haji Hassanal Bolkiah during a special speech via re…

Australia

Australia Axes Victoria state’s Belt and Road Pact with China, Amid Icy Ties with Beijing

Australia on Wednesday announced it would revoke a major state’s participation in China’s Belt and Road Initiative, after deeming its agreements with Beijing …

Electric Car

GM and LG Energy Plan a $2.3 billion Electric Vehicle Battery Plant

The automaker’s future Ultium-powered EVs are designed for Level 2 and DC fast charging. Most will have 400V battery packs and up to 200 kW fast charging capab…

United States

China’s Xi to Attend US Climate Summit

Chinese president Xi Jinping will attend the virtual climate summit being organised by the US this week, China's foreign ministry said today.

Oil & Gas Trade

Japan Eyes Vietnam for ASEAN Oil-Sharing Deal

Japan is targeting Vietnam for what will be its first oil-sharing deal with a Southeast Asian nation as Tokyo attempts to ensure an uninterrupted supply of petr…

Wave Energy

Mocean Energy Announces New Wave Energy Technology

Wave power specialists, Mocean Energy, have unveiled the company’s Blue X wave energy prototype which will take to the seas in Orkney, Scotland, in May 2021.