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Add-on Device Makes Home Furnaces Cleaner, Safer and Longer-Lasting
16-01-2020
US And China Sign Trade Agreement of The First Step, Energy Tariffs Remain
The US and China have agreed the first step of a broader deal to diffuse a trade war between the two economic giants, though key tariffs on energy imports into China remain in place.
15-01-2020
Total Shifting ‘Finance Hub’from London to Paris‘due to Brexit’
Patrick Pouyanne told a financial conference in the French capital: “Total will bring its cash back to Paris”, following up with a tweet confirming the move.
14-01-2020
Adnoc Signs $23bn Energy Deals With Indonesia's Pertamina And Chandra Asri
Abu Dhabi National Oil Company signed a preliminary agreement with Indonesia's Pertamina and Chandra Asri to explore the possibility of developing a crude-to-petrochemicals complex in the South East Asian nation.
13-01-2020
Renewables Growth Must Increase Fourfold by 2030 to Meet Climate Targets
The share of renewables in the global energy system needs to more than double by the end of the 2020s — with $10trn of fossil-fuel investment redirected — if the world is to limit climate change to 1.5C above pre-industrial levels, according to Irena.
12-01-2020
Nord Stream 2 Is An Economic Project to Benefit Germany And Europe, Washington’s Stance Is Wrong - Merkel
Speaking to journalists in Moscow alongside Russia’s President Vladimir Putin, Merkel argued that that “sanctions are a wrong way to go.” Both leaders vowed that the gas pipeline project would be finished against all odds.
10-01-2020
Saudi Arabia Launched Its Third Round of Its Renewable Energy Programme
Saudi Arabia has launched the third round of its renewable energy programme, which aims to add a total of 1.2 gigawatt of solar photovoltaic power capacity to the grid.
09-01-2020
Dubai's Logistics Firm Tristar Buys Land in Oman's Duqm Port to Expand Operations
Dubai's Tristar Group, an oil and gas sector-focused logistics company, acquired more than 11,000 square metres of land in Oman’s Duqm port as it expands its operations in the sultanate.
09-01-2020
China's Waste Import Ban Spurs UK Investment in Recycling
The head of a major British waste company says that the United Kingdom is beginning to feel the positive effects of China's waste import ban, as investment in domestic recycling and processing facilities is on the rise.
08-01-2020
Rising Renewables Investment To Power Solar Panel Cleaning Market Trends
Growing inclination towards renewable energy as well as favorable government policies has accelerated the deployment of solar energy farms. As these farms are mostly located in remote areas, they are exposed to frequent dust and sandstorms.
08-01-2020
UAE Energy Minister:OPEC Will Meet Any Shortage If Needed
"The market is well supplied. We’re not forecasting shortage of supply unless there’s a catastrophic event which we don’t see, so Opec always will meet and discuss whatever necessary actions we need to do."
07-01-2020
U.S. Energy Consumption Suffered A Noticeable Hit By Economic Slowdown
U.S. manufacturers and freight hauliers were hit last year by the sharpest slowdown since the 2008/09 recession and it filtered through into a noticeable dip in energy consumption.
07-01-2020
The Six Paradoxes Slowing Down The Energy Transition
It is not just the fact that certain economies, such as Russia or Norway, are highly dependent on oil & gas revenues, it is also the choices and approaches that different countries take, all of which are different.
07-01-2020
Oil Falls As Middle East Anxieties Ebb for Now
The front-month contract for Brent crude North Sea oil was last seen down USD 0.73 at USD 68.18/bbl – off Monday’s three-month high – while the WTI equivalent was USD 0.53 lower at USD 62.74/bbl.
06-01-2020
Iran, Iraq and Suleimani: How Will Things Play Out for Energy Markets?
It’s winter in Baghdad, but the US killing of Iranian major general Qassem Suleimani and Iraqi militia leader Abu Mahdi Al Muhandis has raised the already heated political temperature.
05-01-2020
Iran Tension May Push up Fuel Prices, Spook Bid to Boost Economy
Global oil prices spiked 4 per cent on Friday as tensions flared up in the Middle East, setting off worries over an extended spell of market volatility hitting consumer sentiment by pushing up fuel prices.
02-01-2020
Britain's Renewables Produced More Electricity Than Fossil Fuels in 2019
BRITAIN, the birthplace of coal power, produced more electricity from zero-carbon sources such as wind, solar and nuclear than from fossil fuel plants for the first time in 2019, National Grid said on Wednesday.
26-12-2019
US Grid Forced to Raise Wind And Solar Price to Match Fossils
Federal regulators have ordered the US’s largest grid operator to raise prices of wind and solar power so they are in line with fossil fuels. FERC was accused of attacking emission reduction state policies.
26-12-2019
Fraud-struck CG Power Sells Overseas Assets to Repay Debt
The manufacturer of power and distribution transformers is valuing its global assets at around $250 million.
25-12-2019
World-Energy Wishes Merry Christmas and All the Best for the New Year
World Energy wishes you and your family a happy holiday season and all the best for the New Year.
25-12-2019
Cabinet Approves Renewable Energy Cooperation Agreement with Saudi Arabia
The memorandum of understanding involves upgrading the level of technologies and their applications in the field of renewable energy.
22-12-2019
Aramco Stocks Give up about Half of Gains since Debut
Saudi Aramco shares extended their losses for a fourth session, reversing about half the gains accumulated from the rally following its historic trading debut.
21-12-2019
EDF's Imtech Acquires Energy Performance Firm Breathe
Breathe was established in 2010 to deliver engineering solutions to reduce energy consumption and carbon emissions, renew infrastructure, save operating costs and improve built environments.
20-12-2019
EIB Will Provide €330 Million to Support the Czech Republic Reinforce Grid Network
CEZ will use the funding to reinforce and refurbish medium and low-voltage networks in Plzeň, Karlovy Vary, Ústí nad Labem, Central Bohemia, Liberec, Hradec Králové, Pardubice, Olomouc and Moravia-Silesia.
20-12-2019
UK Government Figures Shows: Renewables Outperform Gas
The latest Energy Trends report, published by the Department for Business, Energy and Industrial Strategy (BEIS) shows that in the third quarter of 2019 renewables provided a record 38.9% of the UK’s electricity requirement, just above gas at 38.8%.
Market Analysis
19-12-2019
ICRA Revises The Power Sector Outlook from Stable to Negative
According to ICRA Research, the all India electricity demand growth declined to 1.2 per cent in 8M FY2020 on a year-on-year basis (YoY) against the 6.4 per cent growth reported in 8M FY2019, an official statement said.
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Indian Utility Launches 13.8 GW Pumped Storage Tender
