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Hanwha and LG Energy to build battery production in US, targeting ESS and UAM

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The MOU was signed by LGES and three subsidiaries under Hanwha Group—Hanwha Solutions, owner of clean energy manufacturer Qcells, Hanwha Corporation/Momentum and Hanwha Aerospace. In 2022, LGES advanced into the field of ESS System Integration by establishing a new corporation, LG Energy Solution Vertech.

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Mazda3 global production reaches 5M units

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Mazda Motor Corporation announced that the total production volume of the Mazda3 (known as Mazda Axela in Japan) reached five million units at the end of April 2016. It is also assembled in Malaysia and Vietnam. It is the second Mazda to reach five million units of production, following the Mazda Familia.

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Lifecycle study finds LNG can reduce shipping GHG emissions by up to 21%

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The report analyzes several LNG pathways, including LNG from Algeria, Australia, Qatar, Indonesia, Malaysia, Nigeria, Norway, Trinidad & Tobago and the USA. Naturgy, Novatek Gas & Power, NYK Line, Petronet LNG, Port of Rotterdam, Qatargas, Shell, Société Générale, Sumitomo Corporation, Total, TOTE Inc.,

Mariner 220
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Malaysia PETRONAS makes strategic entry into Canada with C$1.07 purchase of shale gas assets; LNG export JV

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PETRONAS, through wholly-owned subsidiary PETRONAS International Corporation Ltd (PICL), has reached an agreement to form a strategic partnership with Canada-based Progress Energy Resources Corporation to develop the Altares, Lily and Kahta shale gas assets in northeastern British Columbia. billion (RM3.32 billion, US$1.1

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Proton and Mitsubishi Motors to pursue broad ranging strategic collaboration, including electrics and hybrids

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Proton Holdings Berhad and Mitsubishi Motors Corporation (MMC) are in “serious discussion” for strategic collaboration to further strengthen the competitiveness of both Proton and MMC in the global marketplace. Provision of MMC’s future technologies such as electric, plug-in hybrid and hybrid vehicle technology.

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Sumitomo and US Hybrid partnering to grow hydrogen fuel cell business for commercial vehicles and mass transit

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Sumitomo Corporation together with Sumitomo Corporation of Americas (collectively, SC Group) announced a strategic collaboration agreement with US Hybrid to grow US Hybrid’s fuel cell production business through the expansion of fuel cell stack production capacity. Earlier post.)

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ExxonMobil projects natural gas will overtake coal as second most widely used source of energy by 2025

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This historic shift of global energy markets toward increased use of natural gas will create new opportunities for economic growth and environmental progress, said Rex W. Tillerson, chairman and CEO of Exxon Mobil Corporation in a speech at the 25 th World Gas Conference in Malaysia. —Rex Tillerson.

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