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Asia
Electric Vehicle Battery
2023-11-01
African Lithium Project Boosts US Drive to Close EV Gap on China
Atlantic Lithium has expanded reserves at its Ewoyaa project in Ghana. (Credit: Atlantic Lithium)Africa’s first major lithium project without Chinese funding is set to bolster US ambitions of developing its own battery-making industry.Half of th
SMR
2023-11-01
X-Energy, Ares Drop Merger Plan
Small modular reactor (SMR) and advanced fuel technology developer X-Energy Reactor Company - known as X-energy - and Ares Acquisition Corporation (AAC) have "mutually agreed to terminate their previously announced business combination agreement, eff
Geothermal Power Plant
2023-11-01
Pertamina Earmarks $550 Million Budget for 1 GW Geothermal Capacity Target
Lumut Balai geothermal plant, Indonesia (source: WIKA)Indonesia’s state-owned geothermal developer and operator PT Pertamina Geothermal Energy (PGEO) is preparing capital expenditure of IDR 8.74 trillion or approximately USD 550 million througho
Microgrid
2023-11-01
Philippines Seeks Microgrids to Solve Power Gaps
Apuao Island, one of the 98 unserved or underserved areas of the Philippines that will soon have reliable electricity from a microgrid. (Source: Navier Solon / Shutterstock.com)The Philippine Department of Energy (DOE) has released an invitation to bid on
Oil Price
2023-11-01
India Hikes Windfall Tax on Petroleum Crude to 9,800 Rupees/Ton
The Indian government has increased the windfall tax on petroleum crude to 9,800 Indian rupees ($117.70) per ton from 9,050 rupees per ton starting Wednesday, according to a government notification on Tuesday.The windfall tax on aviation turbine fuel that
Coal-Fired Power Plants
2023-11-01
J-Power to Shut 2 Coal-Fired Power Plants in 2025
Japan's Electric Power Development(J-Power) (9513.T) said on Tuesday it will shut two 500 megawatts (MW) coal-fired power plants at its Matsushima power station in southern Japan to help achieve its 2025 target of cutting carbon dioxide (CO2) emis
Oil & Gas Trade
2023-10-31
Saudi Arabia's Wafi Energy Eyes Acquisition of Shell Pakistan Limited
WAFI Energy LLC, one of the leading fuel station companies in Saudi Arabia, is eyeing 77.42% shares and control of Shell Pakistan Limited (SHEL).Shell Pakistan announced the development in its notice to the Pakistan Stock Exchange (PSX) on Tuesday.It is h
Hydropower Plant
2023-10-31
Malaysian Tycoon Lin Yun Ling's Gamuda to Build $841 Million Hydroelectric Plant in Sabah
MMC Gamuda, a joint venture between MMC Corp. and Gamuda, building the Sungai ... [+]© 2018 BLOOMBERG FINANCE LPGamuda—a Malaysian infrastructure company cofounded by tycoon Lin Yun Ling—said Monday it has taken the lead in building a 187.5-megaw
Renewable Energy
2023-10-31
Redex Group Raises $10M Series a Funding Led by Aramco Ventures
SINGAPORE, Oct 31, 2023 - (ACN Newswire) - REDEX, Asia’s leading Renewable Energy Certificates (RECs) solutions provider, announced today the successful completion of a USD 10 million Series A funding round.REDEX’s mission is to accele
Uranium Project
2023-10-31
Cameco Announces Supply Contract at Beijing Uranium Forum
The supply agreement with China Nuclear International Corporation was finalised earlier this year, Cameco said. The 2023 International Natural Uranium Industry Development Forum also included updates on China's domestic uranium efforts.The inaugur
Offshore Wind Power
2023-10-31
Plans Unveiled for New Multi-Gigawatt Offshore Wind Project in South Korea
Several Korean companies have joined forces on a multi-gigawatt offshore wind project in the southwest of Korea. The project consists of three offshore wind farms with a combined installed capacity of 3.2 GW, which would produce enough electricity to powe
Thermal Coal
2023-10-31
Exclusive: Indonesia to Omit Private Coal Power Plants From Its Jetp Investment Plan
Smoke and steam billows from the coal-fired power plant owned by Indonesia Power, next to an area for Java 9 and 10 Coal-Fired Steam Power Plant Project in Suralaya, Banten province, Indonesia, July 11, 2020. REUTERS/Willy Kurniawan/File Photo Acquire Lic
Electricity Transmission
2023-10-31
China's Peak Power Demand May Rise 12.1% This Winter - Energy Official
Electrical pylons and power lines are seen in Yanqing district of Beijing, China December 17, 2021. REUTERS/Tingshu Wang/File Photo Acquire Licensing RightsChina's maximum power demand this winter may increase by 140 gigawatts (GW) or 12.1% from l
Oil & Gas Trade
2023-10-31
Petrochina posts record $6.3 bln quarterly income on higher output, fuel sales
Model of petrol pump is seen in front of PetroChina logo in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsAsia's largest oil and gas producer PetroChina Co Ltd reported 21% year-on-year growth in t
Nuclear Technology
2023-10-31
The Largest Nuclear Exhibition in the World - 2023 Shenzhen Nuclear Exhibition Will Ceremoniously Open in November
In order to comply with instructions of the CPC Central Committee on nuclear power development, to promote industrial chain upgrading of nuclear power, and to help a quality development of nuclear energy, co-sponsored by China Energy Research Society, Chi
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Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms
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Kenya Opens Solar-Plus-Storage Tender
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Oil giant Shell to buy Canada’s ARC Resources for $16.4 billion in push to boost output
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Italy Extends Construction Deadline for Agrivoltaic Tender
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Norway’s First Floating Wind Tender Attracts Two Bids
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Reduce Carbon Emissions! South Korea to Convert 1.18 Million Tons of Livestock Manure into Solid Fuel for Power Generation by 2030