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Oil & Gas Trade

South Korea Increasing LNG Imports from the United States

The United States’ LNG exports hit an all-time high with a year-on-year increase of 40.1 percent. South Korea, the largest importer, increased its imports by 2…

Electric Car

BYD, Hino form Chinese Commercial BEV Joint Venture

Chinese auto manufacturer BYD has signed an agreement with Japanese vehicle producer Hino Motors to set up a joint venture in China to produce commercial batter…

Crude Oil

Putin Leaves Door Open for Opec+ Cuts Extension

Russian president Vladimir Putin says that Opec+ could maintain or even deepen its existing crude production cuts next year, the first time Russia has acknowled…

Oil Price

Global Oil Prices to Recover in 2021, Reaching $44 pb: World Bank

In its semi-annual commodity markets outlook report, which focused on the impacts of the COVID-19 pandemic on such markets, the WB said that oil prices are expe…

SMR

Small Nuclear Reactors Would Provide Carbon-Free Energy, but Would They Be Safe?

Regulators have approved designs for 12 small reactors to be built in Idaho, but opponents say the project is dangerous and too late to fight climate change.

Australia

Adelaide’s Pioneering Hydrogen Plant in Final Stages

Adelaide’s pioneering hydrogen production plant, Hydrogen Park South Australia, is now in the final commissioning stages, and is set to supply industry, starti…

Biobattery

Honeywell Installs 100th Biomethane Injection Station to GRDF

Honeywell on Oct. 13 announced the installation of its 100th biomethane grid injection station to GRDF, the primary gas distribution operator in France, to supp…

Energy Storage Battery

Rosatom Equips Cars with Lithium-ion Batteries for the First Russian Electric Kart Race

RENERA LLC, a subsidiary of the TVEL Fuel Company and Rosatom’s integrator for energy storage solutions, has organized the first electric kart race in Russia. …

Rooftop PV System

SolarEdge and Schneider Electric Partner for Home Energy Management Solution

Inverter and smart energy equipment manufacturer SolarEdge has joined forces with Schneider Electric to develop a solution the companies say will allow homeowne…

Rooftop PV System

Choithrams Selects SirajPower As Its Partner For Implementing Solar Projects In The UAE

SirajPower will enable Choithrams’ distribution centres to shift to 100% renewable clean energy.

Crude Oil

Biden's Warning on Oil Tests Voter Resolve on Climate Change

The plan implied that he would wean the U.S. off oil and gas, but Biden wasn't so explicit about the industry's fate - until Thursday night.

Solar Power Plant

NHPC Plans to Develop 600-MW Ultra Mega Solar Park in Uttar Pradesh

It said the project is expected to be completed by the end of 2022 or beginning of 2023.

Schneider Electric ups 2020 Revenue Forecast as Q3 Returns to Growth

French electrical equipment group Schneider Electric SE raised its 2020 revenue and margin forecasts on Thursday, citing a better-than-expected third quarter he…

Hydropower Plant

Hydro-Québec to Invest in Carillon Generating Station Refurbishment

Canadian public utility company Hydro-Québec has announced an investment of C$750m ($570m) to refurbish its Carillon power generating station.

Carbon Neutral

China CNOOC Says to Raise Gas' Share to Half of Output by 2035

China's national offshore oil and gas producer CNOOC Ltd said on Thursday it aims to raise the share of natural gas to make up half of its total output by 2035 …