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Oil & Gas Trade
2023-10-14
Oil Surges Nearly 6% After Israel Begins Ground Raids Into Gaza
Oil prices leapt nearly 6% on Friday, with Brent posting its highest weekly gain since February, as investors priced in the possibility that the conflict in the Middle East could widen as Israel began ground raids inside the Gaza Strip.Israel's an
Net Zero
2023-10-14
India to Push Developed Nations to Become 'Carbon Negative' Before 2050, Sources Say
India wants to push developed nations to become carbon negative rather than carbon neutral by 2050, arguing that would allow emerging market economies more time to use fossil fuels for development needs, two Indian government sources said.India, which is
LNG
2023-10-13
World's First LNG-Fuelled Panamax Commences Operation
The world’s first LNG-fuelled panamax bulk carrier has started operating. The coal carrier, owned by Nippon Yusen Kaisha (NYK) and on charter to Kyushu Electric Power (Kyuden), was built at Oshima Shipyard and is called Shoyo. The ship&rsquo
Oil & Gas Trade
2023-10-13
Pakistan Eyes Importing 1M Tonnes of Russian Oil per Year
This handout photograph taken on June 11, 2023 and released by the Karachi Port Trust (KPT) shows a Russian cargo ship carrying crude oil at the port in Karachi. — AFPFirst import of crude oil shipment arrived in June.Second govt-to-govt cargo is being ne
Thermal Plant
2023-10-13
Mitsubishi Power Begins Commercial Operation of Sixth M701JAC Gas Turbine for Thailand GTCC Power Plants; Project Achieves 50,000 AOH
- Unit two of four of the power plant under construction in Rayong Province delivered, following completion and operation of a four-system plant in Chonburi Province.- Five systems at the two sites in Rayong and Chonburi provinces have reached a cumulativ
Electric Vehicles
2023-10-13
BMW Taps Great Wall Motor's Svolt Energy for EV Battery Order Worth $13 Billion
Following EV battery agreements with CATL and EVE Energy last fall, BMW shared it is adding SVOLT Energy to its rolodex. The battery developer is a spinoff of China’s Great Wall Motor and has reportedly been awarded a massive contract to supply
Energy Storage Project
2023-10-13
Stellantis, Samsung SDI Announce Kokomo, Indiana, as Site for Second Gigafactory
Stellantis N.V. and Samsung SDI announced that Kokomo, Indiana, will be the site for a second battery manufacturing facility in the United States as part of the StarPlus Energy joint venture. (Earlier post.)The new StarPlus Energy plant is expected to beg
Electric Vehicle Battery
2023-10-13
Idemitsu and Toyota Partner to Advance Mass Production of All-Solid-State Batteries for BEVs
Idemitsu Kosan and Toyota Motor have entered into an agreement to work together in developing mass production technology of solid electrolytes, improving productivity and establishment a supply chain, to achieve the mass production of all-solid-state batt
Green Hydrogen
2023-10-13
India's First Optical Industry Green Hydrogen Project Pioneered by Stl and Hygenco
In a pioneering move, Sterlite Technologies Ltd (STL), a renowned optical and digital solutions company, has joined hands with Hygenco, a homegrown green hydrogen solutions provider. This collaboration, announced through an official exchange filing, has s
Electric Vehicles
2023-10-13
BYD Looks to Buy Lithium Assets in Brazil in EV Raw Material Push
Stock image.BYD Co. is mulling the purchase of lithium mining assets in Brazil as it seeks to lock in raw-material supplies to expand its electric car production outside Asia.The Chinese company’s new EV factory in Brazil will include a unit to
Green Hydrogen
2023-10-13
Marubeni and Partners to Invest Billions of Euros in UK Offshore Wind, Green Hydrogen Projects
Japan’s Marubeni has signed a memorandum of understanding (MoU) with the Department for Business and Trade of the UK Government on comprehensive cooperation in clean energy projects, including offshore wind and green hydrogen businesses in the U
Offshore Wind Power
2023-10-13
Envision develops 653.4 MW of wind power in India
Envision Energy, a global leader in wind turbines announced on Thursday that it has secured a major wind farm from JSW Energy in India. The project, which is expected to come online in a phased manner by the end of 2024, will have a capacity of 653.4 mega
Hydrogen Fuel Vehicle
2023-10-13
China's First Hydrogen-Powered Ship Embarks on Maiden Voyage
China has witnessed a breakthrough in its application of hydrogen fuel cell technology in inland waterway vessels with the maiden voyage of the country’s first hydrogen-powered ship, the Three Gorgers Hydrogen Boat No. 1.The Three Gorges Hydroge
LNG
2023-10-13
LNG Croatia and SK E&S Eye LNG and Renewables Collaboration
Zagreb-based LNG Croatia has signed a joint development agreement with Seoul-based SK E&S for possible cooperation in the field of the LNG industry, renewable energy sources and energy efficiency.Courtesy of LNG CroatiaLNG Croatia said the two compani
Electricity Transmission
2023-10-13
Russia's Interrao Says China Agrees to Higher Electricity Price
Russian energy group InterRAO (IRAO.MM) has agreed with China that Beijing will pay a higher price for its electricity to match a new export duty imposed by Moscow, InterRAO board member Alexandra Panina said on Thursday.She said supplies would return to
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Singaporean Green Tech Firms Envision Digital, T-RECs.ai to Launch First RECs Ecosystem
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Google signs PPAs on 400-MW Texas solar project portfolio
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Hitachi Energy announces €4 million investment into new Service Center in Dublin to strengthen Ireland’s grid resilience