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Asia
Oil Field
2021-07-25
CNOOC Brings Online Another Oilfield off China
Chinese oil and gas giant CNOOC Limited has started production from its Luda 29-1 oilfield, which is located offshore China.
Crude Oil
2021-07-25
Iran Opens New Oil Terminal in Bid to Bypass Crucial Strait of Hormuz for Exports
Iran on Thursday opened its first oil terminal in the Gulf of Oman, a move aimed at making Iranian President Hassan Rouhani’s regime less dependent on the Strait of Hormuz, often a source of international tension.
South Korea
2021-07-25
Ground Broken for Munmu Daewang Science Research Center
Ground was broken on July 21 for the construction of a large-scale nuclear research center that will focus on three areas -- small modular reactors, nuclear power plant safety and nuclear power plant dismantling.
Energy Taxation
2021-07-24
India May Oppose Carbon Border Tax at G20 Meet
Under a proposal by EU, the 27 EU nations will impose a border tax on imports of carbon-intensive goods. The tax plan, yet to be legally formalised, will come into force from 2026.
Floating Solar Project
2021-07-24
Sunseap to Build World's Largest Floating Solar Farm in Indonesia
The floating photovoltaic system is expected to have a capacity of 2.2 gigawatt-peak (GWp), and will be located on the Duriangkang Reservoir in Batam Island spanning around 1,600 hectares.
Carbon Emissions
2021-07-24
China Emissions Price up 10pc in First Week of Trading
Prices in China's national emission trading scheme rose by over 10pc in the first full week of trading, although volumes fell back from early highs.
Vietnam
2021-07-24
Renewed Lockdown to Limit Vietnam's Gasoline Demand
Net importer Vietnam's gasoline demand is expected to take another hit as part of the country returns to a lockdown with rising Covid-19 cases.
Market Analysis
2021-07-23
China to Add 55-65 GW of Solar Power Capacity in 2021
China Photovoltaic Industry Association stated that in the second half of the year, vigorously developing clean energy has become a global consensus.
Energy Storage Battery
2021-07-23
Bloom Energy fuel cells to power 4.2-MW CHP micro plant in South Korea
Bloom Energy will install the first-ever solid oxide fuel cell technology in a planned combined heat and power plant to be built in South Korea.
Market Analysis
2021-07-23
China Aims to Install over 30 GW of New Energy Storage by 2025
The new energy storage will not include pumped hydro energy storage capacity.
India
2021-07-23
Vision Mechatronics Delivers India’s First Mega Watt Scale Hybrid Energy Storage Project
All our work and products are developed and manufactured in India.
Substation
2021-07-23
Hitachi Develops Prefabricated Gas-Insulated Substation
Hitachi ABB Power Grids has composed a complete prefabricated containerized gas-insulated substation for the industrial gas company Linde.
Crude Oil
2021-07-23
China Taps Into Crude Reserves To Curb Oil Price Rally
The world’s top oil importer, China, has started to release more than 20 million barrels of crude oil from its strategic reserve in a move seen as seeking to curb the recent oil price rally.
Nuclear Power Plant
2021-07-23
Tepco Anticipates Delay in Kashiwazaki-Kariwa Restart
The Kashiwazaki-Kariwa nuclear power plant in Japan's Niigata Prefecture will not be restarted until fiscal 2022 (ending March 2023) at the earliest
Hydropower Plant
2021-07-23
CTG Places all 96 Units at Its Hydro Plants in Operation for First Time
China Three Gorges Corporation has announced that its six cascade hydropower plants along the main stream of the Yangtze River put all of their 96 power units into operation on 7 July
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