ExxonMobil begins preliminary feasibility studies for a carbon capture and storage centre in Southeast Australia

The business will almost certainly solicit bids for EPC contracts for the project.

ExxonMobil is doing preliminary front-end engineering design studies for a prospective carbon capture and storage centre in Southeast Australia's Gippsland region, with a call for bids on the way.

Global Virtualized Evolved Packet Core (vEPC) Market was valued at US$ 3892.34 Mn in 2020

The global virtualized evolved packet core (vEPC) market is driven by a growth in demand for setting up private networks that can handle both data and voice functionalities. The handling of such networks can be greatly simplified by using a virtualized evolved packet core (vEPC) solution. Compani...

NRA SAYS 31 HIGHLY RADIOACTIVE SEDIMENT CONTAINERS EXCEEDED LIFESPANS

Highlights –

• NRA says 31 highly radioactive sediment containers exceeded lifespans.
• TEPCO has said it will start the contents to new containers in August.
• Contaminated water is treated by filtering at a multi-nuclide removal facility ...

NORTHEASTERN JAPAN HIT BY M6.8 EARTHQUAKE; NO TSUNAMI ALERT

Highlights –

• Northeastern Japan hit by M6.8 earthquake; no tsunami alert.
• The earthquake was recorded off the coast of Miyagi Prefecture about 51 kilometers below sea level.
• Fukushima Daiichi and Daini nuclear power plants reported no...

CHINA’S FOREIGN MINISTRY OPPOSES REMARKS BY FCC IN HONG KONG

Highlights –

• China’s Foreign Ministry opposes remarks by FCC in Hong Kong.
• The Ministry opposed a court ruling in Hong Kong.
• Hong Kong police are said to have lived up to their duty and meticulously enforced the law.
• ...

JAPAN’S NUCLEAR REGULATOR BANS TEPCO FROM RESTARTING ITS PLANT

Highlights –

• Japan’s nuclear regulator bans TEPCO from restarting its plant.
• TEPCO has been barred from transporting nuclear fuel stored at the Kashiwazaki-Kariwa plant in Niigata Prefecture.
• The corrective measure is expected ...

JAPAN GOVT. TO RELEASE TREATED RADIOACTIVE WATER INTO THE SEA

Highlights –

• Japan govt. to release treated radioactive water into the sea.
• The treated water is said to not pose safety concerns to humans or the environment.
• TEPCO expects to run out of storage capacity as early as fall next year.

TOKYO STOCKS END DOWN OVER UPCOMING U.S FEDERAL RESERVE POLICY MEETING

Highlights –

• Tokyo stocks end down over upcoming U.S Federal Reserve policy meeting.
• The 225-issue Nikkei Stock Average ended down 6.76 points.
• Topix index of all First Section issues on the Tokyo Stock Exchange finished 2.53 points.<...

TEPCO CONSIDERS PROVIDING $28 BILLION TO BUILD A NEW NUCLEAR POWER PLANT

Highlights –

• TEPCO considers providing $28 billion to build a new nuclear power plant.
• The company intends to supply the funds through a joint consultative body.
• TEPCO has already donated around 200 million yen to the village.
...

S. KOREAN TELECOM COMPANIES TO PUSH SUSTAINABLE ENERGY PROJECTS

Highlights –

• S. Korean telecom companies to push sustainable energy projects.
• SK Telecom Co. signed a deal with KEPCO to be supplied with 44.6-gigawatt hours of renewable energy.
• LG Uplus Corp. is also planning to double its efforts i...

TOKYO HIGH COURT ORDERS GOVT. & TEPCO TO PAY DAMAGES FOR NUCLEAR CRISIS

Highlights –

• Tokyo High Court orders govt. & TEPCO to pay damages for nuclear crisis.
• Japan govt. and TEPCO is to pay $2.63 million to people who had to evacuate their hometowns.
• This is the 3rd high court ruling among 30 other la...

KEPCO REPORTS A SHIFT IN NET INCOME IN 2020 TO $1.9 BILLION

Highlights –

• KEPCO reports a shift in net income in 2020 to $1.9 billion.
• The company’s operating profit was 4.08 trillion won.
• The company also reported an improvement in performance to the falling global price of resources.

SAMSUNG C&T HANKERING FOR VIETNAMESE COAL FIRED PLANTS AGAINST INVESTOR DECISIONS

• Potential investors in Samsung Construction & Trade (C&T) and Korea Electric Power Corp. (KEPCO) are still unbinding over the companies' comments to stall participation in overseas coal-fired power plant projects, saying the comments came a little late, right after approving p...

AKAP’S TERSE MESSAGE TO SAMSUNG C&T TO SUMMARILY TERMINATE VIETNAMESE COAL PROJECT

• AkamdemikerPension (AkaP), a Danish pension fund and a shareholder in Samsung Group companies, is calling for the conglomerate's construction unit.
• Samsung C&T, to put an end to financing and building of new coal-fired power plants across the world, voicing a number of ...

TEPCO ORDERED TO PAY $9.5 MILLION IN DAMGES FOR THE FUKUSHIMA DISASTER

Highlights –

• TEPCO ordered to pay $9.5 million in damages for the Fukushima disaster.
• The Sendai High Court announced the same.
• The high court has also found the state responsible for the incident and needs to pay damages.
• ...

TEPCO PLANS GREEN POWER BY 2030

HIGHLIGHTS

• Tepco Renewable Power has an investment plan for more than 2 trillion yen to boost environment-friendly power generation.
• Prime Minister Shinzo Abe is pushing for clean power.
• To set up offshore wind farms, Japan needs to collabo...

NEW YORK: ARE HOSPITALS QUIETLY TESTING A HEARTBURN DRUG IN ORDER TO TREAT CORONAVIRUS?

Highlights

• Scientists in Wuhan found that elderly people consuming famotidine had higher chance of survival against coronavirus

• Famotidine which comes under brand Pepcid is comparatively cheaper than omeprazole which comes as Prilosec

• The study o...

KEPCO SHOWS OPERATING LOSS SINCE 2008

Highlights –

• KEPCO to closely monitor the business situation and come up with a sustainable electricity fee system
• Discussion with the government this year as its special discount program for households came to an end last year
• Virus...

SMA is the supplier of system tech to EVN’s 1st enormous scale solar system in Vietnam

SMA Solar Technology AG (SMA) has supplied system technology to a 54MW PV power plant located in Dak Nong Province in Vietnam. In collaboration with its Chinese EPC customer SUMEC Complete Equipment & Engineering, Co., Ltd (SUMEC-CEEC), SMA delivered 9 Medium Voltage Power Station 6000SC (MVP...

United Arab Emirates Announces Decrease In Fee for EPC Companies On Hiring Foreign Workers

Work grant charges have been decreased to Dh300 for privately owned businesses that are enrolled under the administrations Emiratisation Partners Club (EPC), the Ministry of Human Resources and Emiratisation (Mohre) reported in an announcement on Sunday. The Dh300 expense applies to both the issu...