Asia

Crude Oil
2021-01-06

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 all OPEC+ members agreed.
CGN
2021-01-06

CGN to Take Stake in Kazakh U Mining Company
China General Nuclear is expected to acquire a 49% stake in Ortalyk LLP, a wholly-owned subsidiary of Kazakh uranium producer Kazatomprom, by mid-2021.
Nuclear Power Plant
2021-01-06

Hot Testing Completed at Sixth Tianwan Unit
The ACPR1000 reactor is scheduled to enter commercial operation by the end of this year.
Hydrogen Project
2021-01-06

New Hydrogen Station Opens in Nagoya Odaka, Japan
Air Liquide Japan has opened a hydrogen station in Nagoya Odaka as part of a joint project with Japan H2 Mobility (JHyM).
Energy Investment
2021-01-06

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.
Wave Energy
2021-01-06

Philippines’ ERC Denies Feed-in-Tariff for Ocean Energy
The Energy Regulatory Commission of the Philippines has denied the petition filed by the National Renewable Energy Board for Feed-in-Tariff for electricity generated from ocean energy resources.
Oil Field
2021-01-06

Italy’s ENI and UAE’s SNOC Begin Gas Production from Mahani Field in Sharjah
Italian energy major ENI and Sharjah National Oil Corporation from the United Arab Emirates announced on January 4 production start-up from the Mahani field, located in onshore Concession Area B of the Sharjah Emirate.
Iran
2021-01-06

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 funds frozen in South Korean banks due to U.S. sanctions.
Coal-Fired Power Plants
2021-01-06

AES to Sell Equity in 1,242MW Coal-Fired Plant in Vietnam
Power company AES Corp has agreed to sell its majority interest in the 1242MW Mong Duong 2 coal-fired power plant in Vietnam.
Energy Investment
2021-01-05

China's Investment in Countries Along the Belt and Road Increased by 24.9%
According to data released by the Ministry of Commerce of China, from January to November 2020, China's foreign non-financial direct investment was 659.36 billion yuan, a year-on-year decrease of 3.1%.
South Korea
2021-01-05

Iran Seizes UAE-Bound Chemical Tanker
Iran has seized a UAE-bound chemical tanker in the strait of Hormuz, further stoking already heightened tensions in the Mideast Gulf.
LNG Carrier
2021-01-05

Global LNG Fleet Starts 2021 with Spate of Deliveries
Four new LNG carriers were delivered by South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering in the first four days of this year, following slow deliveries last month.
Microgrid
2021-01-05

Tata Power Arm Hits ‘100 Solar Microgrids’ Milestone
TP Renewable Microgrid has installed an aggregate 3 MW of solar microgrid capacity with its 100th project commissioned in Ratnapur, Uttar Pradesh.
Energy Storage Project
2021-01-05

Israel could Arrive at 8GWh of Energy Storage ‘Well Before 2030 Goal’
An auction for solar-plus-storage held in Israel by the country’s Electricity Authority awarded 609MW of solar PV alongside 2.4GWh of energy storage.
Hybrid Power Plant
2021-01-05

Adani to Build 600 MW Hybrid Wind-Solar Plant in India
The Indian group secured the project in an auction held by the Solar Energy Corporation of India. The plant will sell power to the Indian grid at a price of INR 2.41 ($0.033)/kWh under a 25-year PPA.

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Japan Weighs Foreign Bank Financing for U.S. Gas Power Projects

Asia

OPEC+ Meeting Ends With Major Surprise Cut From Saudi Arabia

CGN to Take Stake in Kazakh U Mining Company

Hot Testing Completed at Sixth Tianwan Unit

New Hydrogen Station Opens in Nagoya Odaka, Japan

Fluence Gets $125 million Energy Storage Investment Boost from Qatar

Philippines’ ERC Denies Feed-in-Tariff for Ocean Energy

Italy’s ENI and UAE’s SNOC Begin Gas Production from Mahani Field in Sharjah

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

AES to Sell Equity in 1,242MW Coal-Fired Plant in Vietnam

China's Investment in Countries Along the Belt and Road Increased by 24.9%

Iran Seizes UAE-Bound Chemical Tanker

Global LNG Fleet Starts 2021 with Spate of Deliveries

Tata Power Arm Hits ‘100 Solar Microgrids’ Milestone

Israel could Arrive at 8GWh of Energy Storage ‘Well Before 2030 Goal’

Adani to Build 600 MW Hybrid Wind-Solar Plant in India

Japan Weighs Foreign Bank Financing for U.S. Gas Power Projects

Patel Engineering wins Rs 230.7 crore Bhutan hydro project package

MidOcean Energy secures $1.1bn backing from UAE royal family

Constellation Technology Ventures Invests in Blue Energy to Advance Small Modular Nuclear Deployment

Aukera Secures €48.5 Million IFC Financing for Romania Battery Storage Project

Google signs PPAs on 400-MW Texas solar project portfolio