article thumbnail

U.S. Crude Oil Export Surged to New Record in 2023

R-Squared Energy

refiners had a significant demand for crude oil, but they had spent decades investing billions of dollars into processing heavy, sour crude oil. crude oil exports have been Europe, Asia, and Oceania. BPD, slightly surpassing exports to Asia and Oceania, which stood at 1.7 As the shale oil boom rapidly expanded U.S.

Oceania 78
article thumbnail

The widespread impact of ransomware in the Asia Pacific

Smart Energy International

Some 80% of organisations in the Asia Pacific were affected by ransomware attacks in 2021 with 51% paying the ransom, according to the Global State of Industrial Cybersecurity 2021: Resilience Amid Disruption report released by Claroty. The only way to mitigate the risk is to understand how to make hyperconnectivity more secure.

Asia 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Why Build a Power Plant if You Can Make a Virtual One?

GreenTechMedia

Jeff Renaud, Enel X’s head of the Asia-Pacific and Oceania regions, told GTM in a written response that in Taiwan the company sees "an opportunity to continue building a significant VPP in the coming years as more competitive opportunities are introduced into Taiwan's electricity system. percent up to 2025.

Demand 130
article thumbnail

Rethinking the energy grid: The evolution of mission-critical power

Smart Energy International

The COVID-19 pandemic has brought on a new age of growth for digital transformation, and the world’s reliance on the internet will only continue to rise, writes Jimmy Yam, Vice President of East Asia for Eaton. Jimmy Yam is Vice President, East Asia. And with IDC forecasting a 17.5% Image: Eaton. ABOUT THE AUTHOR.

Energy 105
article thumbnail

Smart Energy Finances: Growth financing for AI-based network resilience

Smart Energy International

This week’s Smart Energy Finances looks at an investment round for Neara, an Australian company that has developed a platform that uses AI to help utilities design networks, enhance wildfire and vegetation management programmes and bring renewable projects online faster. million) for Shanghai Electric Energy Storage Technology.

article thumbnail

Shell-backed Koorangie battery project completes financing

Smart Energy International

million) investment the Victorian Government is making through its Renewable Energy Zone Fund in 12 projects to address capacity constraints and strengthen and modernise the state’s grid. The Victorian Government is also supporting the KESS project with funding of AUD119 million ($75.5 The project is part of a AUD480 million ($304.6

article thumbnail

Technology Trending: Space data, building integrated PV glass, student fusion device

Smart Energy International

Accenture invests in space data for all, long-term demo of building integrated Perovskite PV glass starts in Japan and Sydney university students to build a tokamak fusion device are in the week’s technology radar.