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The UK: Failing Its Own to End Global Warming Ambition
The UK - which is expected to host the 2020 UN climate change summit - last month became the first major economy in the world to pass laws to end its contributi…
Crude
To Avoid Excess Stock Buildup, Saudi Oil Output to Remain Below 10 mil b/d
Saudi Arabia's oil production will remain below 10 million b/d through August and its exports will stay under 7 million b/d to avoid excess stock buildup in an …
Long-Term Energy Policy Needed in Malaysia
Malaysia needs a long-term energy policy to ensure the sustainability of supply and attract investments into the country.
Morocco's Platinum Power Partners With China's CFHEC on $300 mln Hydropower Project
Renewable energy investor Platinum Power, minority-owned by U.S. private equity firm Brookstone Partners, has teamed up with China’s CFHEC to build a $300 mill…
Chinese Energy Policy Change Drags on Global 1H Renewables Spend
In Europe, Spain reeled in $3.7bn, up 235% on the same period a year earlier, and the UK was up 35%, at $2.5bn. But in the Netherlands investment was 41% lower …
ABB is to Deliver Predictive Maintenance Solutions to Hydropower Plants
ABB is to deliver predictive maintenance solutions to Enel Green Power’s fleet of hydropower plants across Italy.The solutions are intended to lower maintenanc…
Energy Storage Battery
China may Face Hydrogen Storage Challenges Going Forward
Building an efficient hydrogen society is unlikely to be smooth sailing for the nation.
Oil & Gas Trade
Oil Tanker Event Marked the Latest Escalation of Tensions in the Persian Gulf
Britain said Thursday that three Iranian vessels unsuccessfully tried to impede the passage of a British commercial vessel through the Strait of Hormuz, signali…
Gas Turbine
Siemens To Provide Key Components for 840MW Power Plant in Iraq
Global technology company Siemens has received a contract worth €280m ($313m) to deliver key components and long-term power generation services for the 840MW M…
Oil & Gas Trade
Iran’s Islamic Revolutionary Guard Corps have Denied Stopping British Oil Tanker
There were “no encounters” between the Iranian warships and foreign vessels at the time when the alleged incident took place, the IRGC’s naval unit said in a…
Oil & Gas Trade
Ignoring The U.S. Sanctions, Iran Still Provides Oil Futures Contracts to Foreign Partners
Iran is going to offer up to three-year oil future contracts for certain international buyers in an effort to offset the impacts of U.S. sanctions on its oil ex…
Wind Power Project
Finland to Take 850MW Leap Into Wind Power
Finnish funding and wealth management company Taaleri Energia Funds Management has raised €220 million thus far for investment into wind and solar energy asset…
Transactions in Global Power M&A Market Reached $158bn in 2018
The global power mergers and acquisitions (M&A) market saw transaction volumes reaching $158 billion in 2018, the second-highest in the last five years, accordi…
Electric Vehicle Charging
Solar for EV Charging Was the Main PV Benefactor of India's Budget
India's newly appointed finance minister, Nirmala Sitharaman, has unveiled the country's full-year budget that discussed support for lithium battery and electri…
LNG
The European Commission' s Latest Reports on Gas and Electricity Markets Covering the First Quarter of 2019
The European Commission’s latest reports on gas and electricity markets, which cover the first quarter of 2019, have just been published, containing a wide ran…
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