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Asia
Nuclear Power Plant (NPP)
2023-06-02
Karachi 3 Receives Operating Licence
The Pakistan Nuclear Regulatory Authority (PNRA) has granted an operating licence for unit 3 of the Karachi nuclear power plant, the second of two Chinese-supplied Hualong One reactors at the site.Representatives from the Pakistan Atomic Energy Commission
Hydrogen Storage
2023-06-02
Hyundai Begins Full-Scale Production at Hydrogen Fuel Cell Plant in Guangzhou
Hyundai Motor Group has reached a significant milestone in its global hydrogen strategy with the commencement of full-scale production at its hydrogen fuel cell system plant in Guangzhou, according to the South Korean Ministry of Trade, Industry, and Ener
Oil & Gas Trade
2023-06-02
Pakistan Exports Record 90,000 Tons of Fuel Oil in May
KARACHI: Pakistan shipped 90,000 tons of fuel oil in May 2023 to reduce a huge stock built up over the last several months amid low demand in the country, industry sources told The News on Thursday.Fuel oil exports reached 250,000 tons in the last three m
Oil & Gas Trade
2023-06-02
Oil Sales Plunge by 40PC in May Amid Economic Slowdown
KARACHI: The month of May witnessed a staggering 40 percent decline in oil sales compared to the same period last year, as the country grapples with an economic slowdown and a surge in the volume of Iranian smuggled petroleum products flooding the market,
Natural Gas
2023-06-02
LPG Prices Slashed by RS37/KG for June
ISLAMABAD: The government on Thursday lowered the prices of liquefied petroleum gas (LPG) by 15.88 percent or Rs37/kg for domestic and commercial consumers for June 2023 over the previous month.The decision comes after Saudi Aramco significantly reduced t
Energy Storage Technology
2023-06-02
Researchers Improve the Solubility of Redox Molecules for Enhanced Energy Storage Systems
Dominant battery technologies using flammable, toxic, unsustainable, and expensive energy sources are a major contributor to climate change. Switching from fossil fuels to cleaner and environmentally friendly energy sources is thus crucial to curtail the
Oil & Gas Trade
2023-06-02
Japan Gas Imports Fall to Two-Decade Low on Energy Savings Push
Source: Ship-tracking data compiled by Bloomberg; Ministry of Finance Japan(Bloomberg) -- Japan’s liquefied natural gas imports last month fell to the lowest in more than 20 years as efforts to save energy and boost nuclear power reduced the nee
Oil&Gas Drilling
2023-06-02
China Begins Drilling 32,800-Foot-Deep Hole in Oil-Rich Xinjiang Region
Forget digging a hole to China — now China’s the one digging the really deep holes.The Asian nation has begun drilling a more than 32,800-foot-deep hole into the Earth’s crust as part of a so-called research project in the nation&r
Oil Price
2023-06-02
Oil Treads Water Ahead of OPEC Meeting, Nonfarm Payrolls
Investing.com-- Oil prices moved little in Asian trade on Friday amid caution ahead of key labor data offering more signals on the Federal Reserve’s rate hikes, while uncertainty before an OPEC meeting also kept traders wary of big bets.Crude pr
Carbon Emissions
2023-06-02
Cutting Dependence on China’s Renewables Supply Chain
The US Inflation Reduction Act of 2022 is widely regarded as a game-changer in the drive to net zero. As well as generous tax credits for investment in low-carbon technologies, the IRA outlined aggressive targets and incentives for domestically sourced ra
Biofuel
2023-06-01
Qatar Airways Signs Deal With Shell for SAF Supply at Amsterdam Schiphol Airport
Photo: Qatar AirwaysQatar Airways announced May 31 that it has signed a deal with Shell to source 3,000 metric tons of neat sustainable aviation fuel (SAF) at Schiphol Airport in Amsterdam, the Netherlands.It encompasses the existing jet-fuel contract wit
Energy-Eficient Building
2023-06-01
Energy Efficient Bench Headquarters Cuts Its Carbon Footprint
The Bench Headquarters' exterior will be finished in shading blinds to allow daylight to permeate within the building while preventing the sunlight from heating the interiorFoster + Partners has revealed plans for a new headquarters for clothing b
Natural Gas
2023-06-01
Domestic Retail Gas Prices Fall in June
The retail gas prices in domestic market decreased on June 1 following the falling prices in world market.
Clean Energy Transition
2023-06-01
Vietnam Approves Power Development Plan for Cleaner Fuels
Power Development Plan VIII ("PDP8") calls for expansions to renewable energy generation and development of LNG facilities to aid a gradual phase-out of coal-fired power plants. The plan will require US$134.7 billion in domestic and foreign inve
Electric Vehicles
2023-06-01
Here’s Where Toyota’s First US-Made EV, an Electric 3-Row SUV, Will Be Built
Toyota’s largest plant globally is going electric. The company revealed Wednesday it would assemble its new three-row electric SUV at its Georgetown, Kentucky, facility starting in 2025. The new SUV will be Toyota’s first US-assembled
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