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Crude Oil

Russia: Annual Oil Production at Lowest Level Since 2011

Russia’s oil production declined last year for the first time since 2008 and reached its lowest level since 2011 following a global deal to cut output and low …

China

China to Launch Carbon Emissions Trading Scheme Next Month

The ministry issued rules on Tuesday allowing provincial governments to set pollution caps for big power businesses for the first time.

Gas turbine engine

Canadian Coal Conversion Project to Use Mitsubishi Gas Turbines

A Canadian utility has ordered two Mitsubishi Power natural gas-fired turbines to repower its combined cycle plants in Alberta.

Hydrogen Fuel Stations

World's Fist Mobile Liquid Hydrogen Refueling Station

​South Korea-based Hylium Industries, has unveiled what it claims to be the world’s first mobile liquid hydrogen fuelling station.

Carbon Emissions

EU Price on Pollution Hits Record High in Early 2021

The price of permits on the European Union carbon market has soared to record levels in the first trading days of the year, hiking costs for polluters as the EU…

Crude Oil

OPEC+ Meeting Ends With Major Surprise Cut From Saudi Arabia

After another round of drama and a stalling of the talks on Monday, the Tuesday extension of the OPEC+ meeting concluded at long last with a solution upon which…

Energy Investment

Fluence Gets $125 million Energy Storage Investment Boost from Qatar

The Qatar Investment Authority has committed $125 million investment to global energy storage provider Fluence.

Electric Car

Versinetic’s EV Industry Predictions for 2021

England-based engineering consultant Versinetic is predicting progress in electric vehicle (EV) adoption and the wider rollout of charging infrastructure in the…

Carbon Neutral

Exxon Reveals Full Scope of Fuel Emissions for First Time

Oil giant has come under pressure from activist investors.

Microgrid

A Look at the Year Ahead and How Microgrids Are Shaping the Power Industry

2020 was a transformative year for the power sector, underlining both new challenges and potential opportunities.

Solar Power Plant

Nigeria Electrification Project Energises Another Community

The Shimankar community has joined a number of communities across Nigeria that are experiencing social and economic progress facilitated by the solar mini-grids…

Iran

Strait of Hormuz: The World's Most Important Oil Artery

Iran's Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf waters and detained its crew, amid tensions between Tehran and Seoul over Iranian…

Coal-Fired Power Plants

Enel Accelerates Chilean Coal Phase-out with Early Plant Closure

The Enel Group, through its subsidiary Enel Generación Chile, has disconnected and ceased operations at Unit I of Bocamina coal-fired power plant, which is loc…

Nuclear Power Plant

Eskom Shuts Down Some Koeberg Nuclear Power Plant Units

According to South African news media reports, due to the leak, Eskom has taken the Koeberg nuclear power plant's Unit 1 off the assembly line and has accelerat…

Oil Pipeline

US Congress Authorizes New Nord Stream 2 Sanctions

The sanctions aim to derail construction of the remaining offshore portion of Russian state-controlled Gazprom's near-complete 55bn m³/yr Nord Stream 2.