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Asia
Offshore Wind Power
2022-03-28
How the UAE Is Helping to Power 2 Million Dutch Homes
The new era of offshore wind power demands engineering as formidable as that achieved in the era of oil and gas. The UAE is playing its role.
Oil Price
2022-03-28
Sinopec's 2021 Profit More Than Doubled on Higher Oil Prices, Sales
China Petroleum & Chemical Corp.'s 2021 net profit more than doubled to its best level in nearly a decade on higher prices and demand for petroleum products.
EU
2022-03-27
EU's Borrell Says Nuclear Agreement with Iran 'Very Close'
Top EU diplomat Josep Borrell said on Saturday Iran and world powers were "very close" to agreement on reviving their 2015 nuclear deal.
China
2022-03-27
China and Nepal Study Feasibility of Cross-Border Power Grid
China and Nepal will conduct a feasibility study to construct a high-voltage power transmission line across the Himalayas to facilitate the exchange of electric power, officials said on Saturday.
Oil Price
2022-03-25
IEA Ready to Release More Oil to the Market to Cool Prices 'if Needed'
The International Energy Agency said its members are ready to release more oil into the market “if needed” to tackle soaring prices in the wake of Russia's military offensive in Ukraine.
Offshore Wind Power
2022-03-25
BP Establishes Partnership Focused on Offshore Wind in Japan
BP has agreed to establish a strategic partnership with Japanese conglomerate Marubeni that will focus on offshore wind development and potentially look at “other decarbonisation projects, including hydrogen.”
China
2022-03-25
China's Annual Energy Production Capacity to Be 4.6 Bn MT Coal by 2025
China recently decided to raise its annual comprehensive energy production capacity to over 4.6 billion metric tonnes of standard coal by 2025.
Russian Federation
2022-03-25
Russia's Energy Chief Says It Would Accept Bitcoin for Oil and Gas
The heavily-sanctioned country is scrambling to find ways to increase its revenue and has floated the possibility of allowing China and Turkey to pay for energy in Bitcoin.
Oil Refinery
2022-03-25
Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery
U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an American nuclear plant and a Saudi oil refinery.
Natural Gas
2022-03-24
Indonesia’s Deep-Waters Attract Explorers, Including BP and Harbour
Harbour Energy is on track to start high impact exploration drilling in its Andaman II PSC offshore Indonesia in the second quarter this year.
Electric Vehicle Battery
2022-03-24
EU Approves €95m Polish Aid for LG Chem’s EV Battery Plant Expansion
The European Commission has approved €95 million (£79.5m) of Polish aid for the expansion of LG Chem’s battery cell production facility for electric vehicles (EVs).
Energy Transition
2022-03-24
Denmark Supports China’s Energy Transition with New Partnership Agreement
Danish transmission system operator Energinet has co-signed a three-year framework cooperation agreement with the State Grid Corporation of China to support China’s renewable energy target of over 1,000GW by 2030.
Solar Power Panel
2022-03-24
Korean Solar Panel Giant Plans ‘Fully American’ Supply Chain
Korean solar energy giant Hanwha Solutions said it plans to build out a "fully American" supply chain, cautioning that government incentives to support domestic manufacturing are critical to the proposal.
Offshore Wind Power
2022-03-23
Aker Offshore Wind and Mainstream Renewable Power Complete Offshore Wind Transaction
Aker Offshore Wind and Mainstream Renewable Power (Mainstream) have closed the transaction which will see the company take an initial 50% ownership stake in Progression Energy’s 800 MW floating offshore wind project in Japan.
Hydrogen Production
2022-03-23
China Targets 100,000-200,000 T of Green Hydrogen Output a Year by 2025
China aims to boost the production of green hydrogen, a zero-carbon fuel generated from renewable energy sources, but called on Wednesday for "rational and orderly" planning of new projects to avoid disorderly competition.
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Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms
2
Bangladesh Power Agency Tenders 120 MW of Solar
3
South Korea Launches 1.25GW Offshore Wind Tender
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Montenegro Utility Launches 240 MWh Battery Storage Tender
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Norway’s First Floating Wind Tender Attracts Two Bids
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Green Genius to Invest over 100 mln Euros in Solar Energy in Poland