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United States
Colonial Pipeline Hack Exposes Lack of Federal Cybersecurity Oversight for U.S. Energy Industry
The temporary shutdown of Colonial's pipeline follows warnings by U.S. officials in recent months of the danger of cyberattacks against privately held infrastru…
Siemens Energy Reports Moderate Drop in Q2 revenue
Siemens Energy has reported a decrease in revenue by 4.4%, down to €6.5bn, for the second quarter of 2021, compared to €6.78bn in the same quarter of last yea…
Carbon Emissions
Carbon Emissions from Energy Dropped 10 per cent in the EU Last Year
Eurostat said in a statement Friday that emissions fell in all of the EU's 27 member nations compared to 2019 as governments imposed lockdown measures to slow t…
Nuclear Reactor
Entergy to Shut Down Indian Point Unit Three Permanently
US-based energy company Entergy has announced plans to close the third unit of its Indian Point Energy Centre nuclear reactor permanently by 30 April.
Chile
Engie Says will Ditch Coal in Chile
The group reaffirmed a commitment to close six coal-fired plants, two of which have already been shut down, that generate nearly 1.5 GW of electricity, a statem…
Oil & Gas Trade
China-Philippine Gasoil Flows Hit Record High in March
China exported a record amount of gasoil to the Philippines in March, as refinery shutdowns in the southeast Asian country supported import demand.
Oil Price
Oil Prices End the Week Down As Demand’s Rebound Gets Patchy
Oil prices fell last week with spreading coronavirus cases in countries such as India tempering optimism around positive signs out of the U.S. and Europe.
Coal Production
China to Curb Coal Consumption Below 56% of Energy Use in 2021
China aims to cut coal use to 56 percent of total energy consumption this year, down from 57 percent, while lifting electricity consumption to 28 percent from 2…
Geothermal Power Plant
Eden Project to Start Drilling for ‘Hot Rocks’ to Generate Geothermal Energy
If successful project will allow water to be injected down borehole to be superheated by rocks beneath
Solar Materials
Xinte Energy Rushing 20,000MT Expansion at Xinjiang Polysilicon Plant
China is approaching a polysilicon supply chain “crisis” as spot prices soar due to downstream demand.
Coal Production
Global Coal Production to Rise by 3.5% in 2021
Global coal output is estimated to have declined by 2% in 2020 due to COVID-19-related lockdowns and restrictions, with significant reductions observed in the U…
Oil & Gas Supply
Shell Plays Down Risk of Stranded Oil and Gas Reserves
Royal Dutch Shell said on Thursday the majority of its oil and gas reserves will be produced by 2050, playing down the risk of stranded assets as it prepares to…
Oil Price
Oil Falls, Ending Week About 2% Lower on Supply increase, and New Lockdowns
Oil prices settled lower on Friday and fell around 2% last week as production increases and renewed COVID-19 lockdowns in some countries, offset optimism about …
Oil & Gas Trade
Libya’s Largest Oilfield Could See Exports Interrupted
The largest oilfield in Libya, the 300,000-bpd Sharara field, could see crude oil exports from it disrupted if members of the Petroleum Facilities Guard follow …
Transformer
First Philec to Produce ‘Green’ Transformers
First Philec Inc., The Philippines’ largest transformer manufacturer, has announced the launch of green transformers made from 100 percent recyclable and biode…
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