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Crude Oil

Venezuela Plans To Revive Its Oil Industry Despite U.S. Sanctions

Venezuela is ignoring U.S. sanctions with its plan to boost production to 1.5 million bpd by the end of the year, around three times the current output.

Oil & Gas Trade

UK Gas Exports to EU to Stay Low

UK gas flows to the EU could stay minimal in August-September, as almost all surplus gas could be added to mid-range storage.

G20 to Pursue Coal Phase-Out Talks in October

The G20 will discuss a phase out of coal from power generation at the next leaders' summit in October as a small number of countries resist setting a date for c…

Solar Power Plant

Waaree Completes 300-MW Solar Module Production for US Project

The company added that this order has brought $105 million of foreign exchange into India

Nuclear Power Plant

Russia Commits to Further Floating NPPs

The companies said that they would conclude a long-term take-or-pay contract for the electricity by April 2022.

Nuclear Power Plant

Russia’s Kola NPP Tests New Fuel and Prepares for Hydrogen Production

Russian third-generation nuclear fuel RK-3 for VVER-440 reactors has completed a fifth irradiation cycle at unit 4 of the Kola NPP in the Murmansk Region

Floating Offshore Wind

Carbon Trust Supports UK Floater Tech Initiative

Outfit will provide technical support to BEIS’ FOW Demonstration Programme assisted by OWC

Energy Storage Battery

Form Energy Announces Iron-Air 100-hour Storage Battery

They note that their new battery is based on iron, not lithium, and thus is much less expensive to produce.

Market Analysis

For The U.S. To Become Carbon Neutral, Long-Term Energy Storage Is A Must

The Biden administration is pushing its Energy Earthshots Initiative that aims to accelerate innovation and bring life-changing products to market.

Video: China Built the World's Largest FPSO Ship

China's self-built world-class vessel for floating production, storage and offloading was handed over to its user and departed from the mother port in east Chin…

Transformer

GE to Supply 13 Transformers to Rajasthan Solar Project

GE Renewable Energy’s Grid Solutions business has been awarded multiple orders to supply 765 kV transformers and reactors in India.

Nuclear Decommissioning

Lingen and Unterweser Receive Further Dismantling Permits

PreussenElektra has received the second and final permit needed for the dismantling of the Unterweser nuclear power plant, while RWE Nuclear has received approv…

Smart Meter

AMI Data Proves an Effective Energy Savings Tool in UK trial

In a pilot being conducted by geo, using funding from the UK Department for BEIS, smart meter data has proved to be an effective tool to help consumers to optim…

China

China Strikes Back At EU For Carbon Border Tax

The European Union is breaching trade principles with its proposal to impose a so-called carbon border tax that would push up the prices of non-EU products sold…

Solar Power Plant

Armenia Looks At UAE To Help Build Major Solar Plants

The Armenian government is looking to expand the country’s renewable energy capacity with an ambitious plan to build two new solar power plants.