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Türkiye to Invest $10B in Energy Storage to Boost Wind Power and Photovoltaic Solar Energy
18-02-2020
Asian Markets Fall as Coronavirus Hits Earnings, Growth
China is the world's biggest importer and consumer of oil, and crude prices have been particularly sensitive to the epidemic that has spread to nearly 30 countries and territories.
16-02-2020
OPEC Underestimates the Virus
The Covid-19 virus is a human tragedy for many who have been affected by it and it’s having a profound impact on the lives of a large part of the Chinese population.
14-02-2020
Libya's Oil Corporation: Blockade Losses Exceed $1.3 Billion
Economic fallout continues from the shutdown of Libya’s vital oil fields, with losses surpassing $1.3 billion, the national oil corporation announced Tuesday.
13-02-2020
EDF Group Acquires 50% Interest in Irish Offshore Windfarm Project
The EDF Group has acquired a 50% interest in an offshore wind farm project in Ireland from wind energy company Hazel Shore.
12-02-2020
US budget Request includes USD150 million for Uranium Reserve
The US Administration's 2021 budget request unveiled yesterday by President Donald Trump includes USD150 million to set up a uranium reserve to address challenges to the production of domestic uranium.
11-02-2020
Russian Oil & Gas Firms Plan to Invest $20 BILLION in Iraq’s Energy Industry
Russian oil and gas companies could triple their investments in Iraq in the near future, Yury Fyodorov, first deputy chairman of the Economic Policy Committee at the Russian Federation Council, has announced.
09-02-2020
'Hypocrisy' : 90% of UK-Africa Summit’s Energy Deals Were in Fossil Fuels
More than 90% of the £2bn in energy deals struck at this week’s UK-Africa investment summit were for fossil fuels, despite a government commitment to “support African countries in their transition to cleaner energy”.
08-02-2020
DOE Secretary Says Coronavirus Unlikely to Hurt Energy Markets in Near Term
US Energy Secretary Dan Brouillette played down the effect that a coronavirus outbreak in China would have on energy markets, describing the impact as "marginal" even as worry over a slowdown in Chinese LNG demand...
07-02-2020
The Brazilian Bioenergy Firm to help Zambia Develop the Biofuel Industry
The Brazilian Bioenergy, Ethanol and Sugarcane Association has pledged to support Zambia with technological advancements in its quest to develop the Biofuel Industry.
04-02-2020
Siemens Gamesa Swings to Loss and Cuts Guidance
Siemens Gamesa Renewable Energy SA said Tuesday that it swung to a loss in the first quarter of its fiscal 2020 due to project delays, and lowered its full-year guidance.
03-02-2020
U.S. Agriculture Dept. Creating Incentive Program to Boost Ethanol & Biodiesel Sales
The U.S. Department of Agriculture (USDA) is seeking input from biofuel stakeholders as it works to create the Higher Blends Infrastructure Incentive Program (HBIIP), whose goal is to increase sales of E15 gasoline and B20 biodiesel.
26-01-2020
U.S. Extends Clampdown on Iran With Sanctions on Energy Firms
The U.S. sanctioned four companies that it says have traded hundreds of millions of dollars worth of Iranian petroleum and petrochemicals in its latest effort to clamp down on the Islamic Republic’s revenue sources.
21-01-2020
Energy Management System Market to Reach $43 Billion by 2024
Energy Management System Market is set to grow from its current market was valued at over USD 23 billion in 2018 to USD 43 billion by 2024, according to a new research report by Global Market Insights, Inc.
20-01-2020
Rising Demand for Steel And Energy Pushed Global Coal Use
The global maritime coal trade grew 0.7 per cent last year, helped by increased output in China and Indonesia, according to Germany’s VDKI coal importers lobby.
19-01-2020
Global Power Industry Tenders In December 2019: Solar Technology Declines 24%
Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 65 tenders and a share of 72.2% during December 2019, followed by Europe with 14 tenders and a 15.6% share.
19-01-2020
New York to Invest $2bn in Utility Energy Efficiency Initiatives to Combat Climate Change
As part of the initiative, the New York State Public Service Commission has approved energy efficiency and electric heat pump targets to significantly reduce energy consumption in the state.
18-01-2020
Bloomberg NEF Report：China’s Renewable Investments Fall As US’s Rise in 2019
According to a report published by BloombergNEF, China, with $83.4bn of investments in the renewable sector, was still the biggest player in the industry but in 2019 had the worst performance since 2013.
17-01-2020
Experts Views About How the Energy Industry Will Grow in 2020
Major shifts — including new technology, rising oil prices and a changing climate — are encouraging investors to look to new energy sources.
16-01-2020
EU Wants to Spend 1 Trillion Euros for “Sustainable Investments” Across The Coming Decade
Financing for this will come from the EU budget, co-financing from EU member states, and contributions from the European Investment Bank and InvestEU, a major funding program set to run from 2021 to 2027.
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.
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E.ON Plans to Invest $30bn in Energy Transition by 2026
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Hong Kong Group Sets up Asia Clean Power Fund
