South Korea becomes the first country to submit a safeguards technical report to the IAEA for a small modular reactor, setting a precedent for early integration of non-proliferation requirements in nuclear design.
According to the Oxford Institute for Energy Studies, a stable gas price of $6/MMBtu would boost global demand by 60 billion m³ in the short term and 120 billion m³ by 2035, mainly driven by Asia.
NEO Battery Materials will supply high energy density batteries to a South Korean industrial robotics company under a $2.5M CAD order and joint development agreement over two years.
CMA CGM becomes the first international container shipping company to commission LNG-powered ships from an Indian shipyard, all to be registered under the Indian flag.
Amazon unveils new visuals of its upcoming nuclear site, marking a key step in its partnership with X-energy to deploy up to 960 MW of modular nuclear capacity in Washington state.
Australian group Santos lowers its annual production forecast after an unplanned shutdown at the Barossa project and delayed recovery in the Cooper Basin.
Utility-scale battery storage system costs continue to fall across Asia-Pacific, but the pace of reductions is expected to slow significantly by 2029, according to Wood Mackenzie projections.
Singapore’s gasoil and kerosene inventories reached a three-month high after a sharp weekly drop in net exports, supported by a marked increase in imports from Northeast Asia.
The potential removal by Moscow of duties on Chinese gasoline revives export prospects and could tighten regional supply, while Singapore and South Korea remain on the sidelines.
VINSSEN becomes a central player in designing the world’s first commercial transport vessel fully powered by a fuel cell using ammonia as a hydrogen carrier.
Seoul estimates Pyongyang holds enough highly enriched uranium to produce up to 50 atomic bombs, reigniting concerns over its growing nuclear arsenal despite international sanctions.
Ørsted and Korea South-East Power Co. (KOEN) have signed a memorandum of understanding to explore joint development of the 1.4 GW Incheon offshore wind project, located off South Korea’s west coast.
Romanian producer Nuclearelectrica has secured €620mn in funding to modernise Cernavoda unit 1 and launch the next phase of units 3 and 4, backed by a banking syndicate led by JP Morgan.
Port congestion in Australia has boosted Russian and Indonesian coal exports to South Korea, with both now dominating the market due to lower prices and reliable delivery schedules.
Elcogen opens a 14,000 m² facility near Tallinn, increasing annual capacity to 360 MW for Solid Oxide fuel cells and electrolysers, with backing from Baker Hughes and HD Hyundai.
Russia and Indonesia overtook Australia as South Korea's top thermal coal suppliers in August, driven by lower prices and more reliable logistics amid persistent Australian shipment delays.
GTT has been selected by Samsung Heavy Industries to design cryogenic tanks for a floating natural gas liquefaction unit, scheduled for deployment at an offshore site in Africa.
Over 500 hydrogen projects are now under construction or operational worldwide, with total committed investments reaching USD110 billion, representing an increase of USD35 billion in one year.
Underreported methane emissions from Australian mines could increase steelmakers’ carbon footprint by up to 15%, according to new analysis highlighting major gaps in global supply chains.
During a visit to Tokyo, Qatar’s Minister of Energy discussed the future of LNG supplies with Japanese companies, as several long-term contracts approach their expiration.
Despite the dockworkers' strike in British Columbia, coal shipments from Westshore Terminals continue without major disruptions, confirming the terminal's operational independence amid union blockades.
American oil exports to Asia, though stable, could be impacted by the next U.S. president’s foreign policy, especially regarding relations with China, Iran, and other producing countries.
Russian thermal coal exports are facing severe liquidity losses, exacerbated by logistical restrictions and rising costs, prompting buyers to turn to alternative sources.
The Australian Renewable Energy Hub project, one of the world’s largest, aims to produce green hydrogen and ammonia for Asian and domestic markets. Expected to launch in the 2030s, it sets a model for decarbonization.
By leveraging its nickel resources, Indonesia inaugurates its first battery plant with the ambition of becoming a major player in the electric vehicle supply chain.
Thanks to the Inflation Reduction Act and a surge in solar installations, U.S. solar production capacity has skyrocketed, but uncertainties around supply chains and costs are slowing sustainable growth.
South Korea will raise industrial electricity rates by 9.7% starting October 24, 2024. This measure, which does not affect households, aims to reduce Kepco's growing losses.
Japan is projected to become the leading hub for captured carbon (CO2) trade in the Asia-Pacific region by 2050, according to Wood Mackenzie, with government investment and policy support being crucial to this goal.
Air Liquide maintained its profit forecasts for 2024, despite a 0.7% drop in third-quarter revenue due to a negative exchange rate impact and lower energy prices.
Phillips 66 announces the closure of its Wilmington, California refinery, scheduled for the fourth quarter of 2025, citing changes in market fundamentals rather than new state regulations.
At COP29 in Baku, discussions focus on the importance of public financing from developed nations to achieve global climate objectives, according to Simon Stiell, Executive Secretary of UN Climate.
SolarEdge Technologies and Pacific Energy collaborate to provide large-scale energy storage systems, significantly contributing to the decarbonization of Australian mines and towns. More than 55 MWh of BESS have been delivered, with 66 MWh in preparation.
Mainstream Renewable Power and Ocean Winds have secured a Transmission Service Agreement for their 1.1 GW floating wind project in South Korea, injecting 1,125 MW of clean energy into the national grid.
Northvolt, the Swedish battery manufacturer, announces the bankruptcy filing of its subsidiary responsible for expanding its Skelleftea factory, impacting 1,600 jobs and slowing its European ambitions.
TotalEnergies and RWE partner to develop two offshore wind farms in the North Sea, strengthening their position in the German green electricity market and contributing to the energy transition towards decarbonized production.
