Asia

Carbon Neutrality
2024-01-09

Swiss, Thai Groups Close First Sale of Paris Agreement Carbon Offsets
Green lights are projected at the Angel of Independence monument in support in the Paris Climate Agreement, after U.S. President Donald Trump announced his decision that the United States will withdraw from the Paris Agreement in Mexico City, Mexico June
Solar Panel
2024-01-09

Microsoft, Qcells Strike Massive Supply Deal for US-Made Solar Panels
Solar panels are built at the QCells solar energy manufacturing factory in Dalton, Georgia, U.S., March 2, 2023. REUTERS/Megan Varner/File Photo Acquire Licensing RightsSouth Korea's Qcells on Monday said it will supply Microsoft (MSFT.O) with 12
Coal Trade
2024-01-09

Asia Thermal Coal Imports Hit Record, but Supply Keeps Prices Muted
Coal piles are seen at JERA's Hekinan thermal power station in Hekinan, central Japan October 18, 2021. REUTERS/Yuka Obayashi/File Photo Acquire Licensing RightsAsia's imports of seaborne thermal coal rose to a record high in December as t
Oil & Gas Trade
2024-01-09

Shell Flags Q4 Writedown of up to $4.5 Billion, Mainly on Singapore Assets
General view of a Shell petrol station sign, in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers/File Photo Acquire Licensing RightsShell (SHEL.L) on Monday flagged impairment charges of up to $4.5 billion for the fourth quarter, mainly rela
OPEC
2024-01-08

OPEC’s December Crude Production Averages 28.05mbpd
The Organisation of Petroleum Exporting Countries (OPEC) pumped an average of 28.05 million barrels a day, MMbpd in December as it persevered with supply restraints agreed earlier in the year.Equally, reductions by the United Arab Emirates and Angola were
Oil&Gas Drilling
2024-01-08

ONGC Initiates Oil Production From Its Deep-Water Asset
ONGC announces the successful commencement of First Oil from the deep-water KG-DWN-98/2 Block, situated off the coast of Bay of Bengal.This 98/2 project is likely to increase ONGC’s total Oil and Gas production by 11 percent and 15 percent respe
India
2024-01-08

Oil Slips on Large Saudi Arabian Price Cuts and Rising OPEC Output
Picture: REUTERSNew Delhi — Oil prices fell more than 1% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in Opec output, offsetting worries about escalating geopolitical tension in the Middle East.Brent crude slipped 1.09%, or 86c, t
Hydrogen Production
2024-01-08

Hyundai to Invest Rs 6,180 CR in TN, Develop Hydrogen Resource Centre
This Facility Will Act As An Incubation Cell To Develop A Framework For Localisation Of The Hydrogen Ecosystem | Representative ImageHyundai Motor India Ltd on Monday said it will invest Rs 6,180 crore on various initiatives, including establishing a hydr
Oil Field
2024-01-08

India Inks Contracts for 13 Hydrocarbon Blocks
India signed contracts for 13 hydrocarbon blocks opened for bidding in the last two years.India’s Petroleum and Natural Gas Ministry has signed contracts for 13 hydrocarbon blocks opened for bidding in the last two years.Of the new contracts, 10
Nuclear Power Plant (NPP)
2024-01-08

Oil Leak From Nuclear Power Plant Due to Earthquake in Japan
An aerial photo shows the Shika Nuclear Power Plant, Japan, May 24, 2023. /CFPIn the aftermath of the 2024 Noto Peninsula earthquake, the amount of oil leakage from the affected equipment at the Shika Nuclear Power Plant in the most-affected central Japan
PowerGrid Technology
2024-01-08

Japan to Transfer Batch of Power Equipment to Ukraine
Japan will transfer seven high-voltage autotransformers and five gas turbines to Ukraine.This was announced by the Ukrainian Ministry of Energy following a meeting between Minister Herman Halushchenko and Japanese Foreign Minister Yoko Kamikawa, Ukrinform
LNG
2024-01-08

Vitol Inks 10-Year LNG Supply Deal With Gail India
Vitol will supply GAIL (India) Limited with approximately one million metric tons of liquefied natural gas (LNG) per annum for 10 years beginning in 2026.Vitol Asia Pte Ltd has signed a long-term deal to supply GAIL (India) Limited with approximately one
Natural Gas
2024-01-08

TMK ups Mongolian Gas Flow by 335 per Cent
Production at TMK Energy’s flagship Mongolian coal seam gas pilot project, Gurvantes XXXV, flourished through to the end of 2023, with the company recording its highest gas volume to date in December.The company’s three pilot wells &am
Renewable Energy
2024-01-08

Gansu's Installed New Energy Power Capacity Exceeds 50 Gigawatts
The total installed capacity of new energy power generation in northwest China's Gansu Province had exceeded 50 gigawatts by the end of 2023, according to State Grid Gansu Electric Power Co., Ltd.Rich in wind and solar energy resources, Gansu has
Energy Storage Project
2024-01-08

Benchmark: Morocco Set to Become a Key Cathode Producer With $700+M of Announced Investments by Chinese Companies
Morocco is set to become a key cathode producer following more than $700 million of announced investments by Chinese companies in the country, according to Benchmark Intelligence.Total planned capacity is already around a quarter of Europe’s tot

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Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms

Asia

Swiss, Thai Groups Close First Sale of Paris Agreement Carbon Offsets

Microsoft, Qcells Strike Massive Supply Deal for US-Made Solar Panels

Asia Thermal Coal Imports Hit Record, but Supply Keeps Prices Muted

Shell Flags Q4 Writedown of up to $4.5 Billion, Mainly on Singapore Assets

OPEC’s December Crude Production Averages 28.05mbpd

ONGC Initiates Oil Production From Its Deep-Water Asset

Oil Slips on Large Saudi Arabian Price Cuts and Rising OPEC Output

Hyundai to Invest Rs 6,180 CR in TN, Develop Hydrogen Resource Centre

India Inks Contracts for 13 Hydrocarbon Blocks

Oil Leak From Nuclear Power Plant Due to Earthquake in Japan

Japan to Transfer Batch of Power Equipment to Ukraine

Vitol Inks 10-Year LNG Supply Deal With Gail India

TMK ups Mongolian Gas Flow by 335 per Cent

Gansu's Installed New Energy Power Capacity Exceeds 50 Gigawatts

Benchmark: Morocco Set to Become a Key Cathode Producer With $700+M of Announced Investments by Chinese Companies

Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms

Bangladesh Power Agency Tenders 120 MW of Solar

South Korea Launches 1.25GW Offshore Wind Tender

Montenegro Utility Launches 240 MWh Battery Storage Tender

Norway’s First Floating Wind Tender Attracts Two Bids

Green Genius to Invest over 100 mln Euros in Solar Energy in Poland