Ut

Russian Federation

NEXT 75 Conference Searches for Answers to the Challenges of the Future

On December 16, Sochi (Russia) will host the NEXT 75 international conference dedicated to global issues and challenges, which humanity is facing today.

Oil Pipeline

Russia’s Nord Stream 2 Gas Pipeline Clearly Beneficial for Europe & WILL BE Completed – Putin

That could hike prices for households and make Germany’s economy less competitive, said Putin.

Oil Pipeline

Pakistan to Start Building LNG Pipeline with Russia in July 2021

Pakistan will start building a 1,100-kilometre pipeline with Russia in July 2021 that will allow the South Asian nation to operate more liquefied natural gas (L…

Turkey

“Turkey Energy Outlook” Study

The TEO is a first-of-a-kind comprehensive, forward-looking overview of Turkey’s energy economy.

LNG

Russia’s Novatek and Siemens Energy ink Deal to Decarbonise LNG Production

As part of the Agreement signed on December 10, Novatek and Siemens Energy will commence implementing a project to replace fuel natural gas used in the producti…

Energy Storage Project

EDF to Optimise 50MW Gresham House UK battery

Deal for the Wickham Market storage project will utilise the Powershift platform

Electric Car

DTNA Commits to Carbon Neutral Vehicle Production

Manufacturer plans to achieve CO₂-neutral goals by 2025; expects Portland truck plant to hit target this year.

Market Analysis

China's Electric Vehicle Sales to Reach more than 1.3 mil Units in 2020

China's electric vehicle sales would be more than 1.3 million units in 2020, up 8% year on year, Xu Haidong, the deputy chief engineer of China Association of A…

Power Construction

LS C&S Secures W232 bil. Wando-Jeju Submarine Cable Deal

LS Cable & System won a bid for Korean Electric Power Corp's "Jeju third submarine cable construction project" Thursday, which aims to connect the islands of Wa…

Oil Price

Oil Prices Rise, hit 9-Month High on U.S. Stimulus Progress

Oil climbed on Thursday and touched a nine-month high, with traders optimistic about progress toward a U.S. fiscal stimulus deal and record-breaking refining de…

Oil & Gas Trade

Putin: Russia Reduces Its Dependence On Oil

Russia is successfully weaning itself off oil revenues, President Vladimir Putin said today during an annual end-of-the-year news conference, as quoted by RT.

Thermal Plant

Asia's Largest Biomass Power Plant with Installed Capacity Completed and Put into Operation

At present, the annual power generation capacity of the project can reach 1.38 billion kwh, the annual heat supply is 1 million tons, and the annual output val…

Hydrogen Fuel Cell Vehicle

Only Zero Emission Trucks in Europe by 2040, Say Commercial Vehicle Manufacturers

All new trucks sold in Europe must be zero emission by 2040 in order to reach carbon neutrality by 2050, say Europe’s truck manufacturers in a move that paves …

Oil & Gas Trade

Egypt And Iraq Sign Landmark Oil Deal

Egypt and Iraq have signed an oil-for-reconstruction plan this December, expected to come into effect once constitutional procedures have been completed.

Oil Shale

U.S. Shale Oil Output to Drop 136,000 bpd to 7.44 million bpd in Jan – EIA

U.S. oil output from shale formations is expected to decline by about 136,000 barrels per day in January to 7.44 million bpd, the lowest since June, the U.S. En…