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Asia
Market Analysis
2021-01-04
Chinese Dominance in Solar Energy
At the beginning of 21st century, the need for change in everyday lifestyle and industrial production has created a space for the development of technologies that will sufficiently serve humanity but that will be environmentally friendly.
Energy Infrastructure
2021-01-04
KOMIPO Wins ‘Construction Project of the Year’ at Global Energy Awards
KOMIPO ’s Seoul Power Headquarters, the world's first large-capacity underground power plant, was chosen for the “Construction Project of the Year” of the 2020 Global Energy Awards on Dec. 11, 2020.
Hydrogen Project
2021-01-04
Major Korean Enterprises Joining Hydrogen Industry
An increasing number of major South Korean conglomerates are entering the hydrogen industry. Recently, POSCO, SK, Hanwha and Hyosung Groups declared to do so.
Transformer
2021-01-04
China XD Group Recieves Approval for Eight New Transformers
Eight new transformers and reactor products from China Xidian Group have passed the industry appraisal, and their comprehensive performance indicators reached the international leading level.
Nuclear Power Plant
2021-01-04
Jinpan Provides Transformers for Fuqing Nuclear Plant
Jinpan Technology has provided excitation transformers for China’s Fuqing Nuclear Power Plant.
Crude Oil
2021-01-04
Cambodia Prepares To Produce Its First Oil
As Asian oil demand looks set to increase over the next decade, Cambodia is taking advantage of the opportunity with its first crude oil production.
Crude Oil
2021-01-04
Adnoc Distribution to Buy 15 Service Stations in Saudi Arabia for $10m
The company aims to “significantly” increase its presence in kingdom and become a top fuel retailer by 2025.
Oil & Gas Trade
2021-01-04
Iraq Confirms $2bn Oil Prepayment Agreement with Chinese Firm
The Chinese firm will pay for a full year's worth of crude prior to loading shipments
Nuclear Policy
2021-01-04
Iran Plans 20% Uranium Enrichment 'As Soon As Possible'
The move comes amid heightened tensions between Iran and the U.S. in the waning days of the administration of President Donald Trump, who unilaterally withdrew America from Tehran's nuclear deal in 2018
Electric Car
2021-01-04
Tesla Almost Touched 5 Lakh Vehicle Delivery Goal in 2020
Elon Musk-owned electric car maker Tesla delivered 499,550 vehicles in 2020, slightly missing its most recent guidance of 5,00,000 vehicles.
Electric Car
2021-01-04
China Cuts Subsidies on NEVs for Healthier Development
China will cut subsidies on new energy vehicles starting Friday to promote the healthy development of the industry, said a circular posted on the official website of the Ministry of Finance.
Thermal Coal
2021-01-03
China Thermal Coal Futures Set for Biggest Monthly Rise in 3 Years
Zhengzhou Commodity Exchange thermal coal futures are up nearly 12% this month and on course for their biggest monthly gain since January 2018
India
2021-01-03
Energy Demand Improvement Slows Down in Nov: India Ratings
This was due to the early onset of winters impacting demand from the northern region
Wind Farm
2021-01-02
240 MW Wind Farm to Pave the Way for Sustainable Development in Azerbaijan’s Energy Sector
Following the signing of the implementation agreement for the $300 million Independent Power Project in January 2020, ACWA Power today executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi region
Oil & Gas Trade
2021-01-02
Iran To Buy Covid Vaccines With Income From Gas Exports To Iraq
Iran will use part of the proceeds from its electricity and natural gas exports to Iraq to buy COVID-19 vaccines from Europe.
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