Energy economy

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 popul…
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.
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.
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 challeng…
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 a…
'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 “suppor…
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…
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 Ind…
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…
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 (H…
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 …
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 r…
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…
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…
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 en…

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Energy economy

OPEC Underestimates the Virus

Libya's Oil Corporation: Blockade Losses Exceed $1.3 Billion

EDF Group Acquires 50% Interest in Irish Offshore Windfarm Project

US budget Request includes USD150 million for Uranium Reserve

Russian Oil & Gas Firms Plan to Invest $20 BILLION in Iraq’s Energy Industry

'Hypocrisy' : 90% of UK-Africa Summit’s Energy Deals Were in Fossil Fuels

DOE Secretary Says Coronavirus Unlikely to Hurt Energy Markets in Near Term

The Brazilian Bioenergy Firm to help Zambia Develop the Biofuel Industry

Siemens Gamesa Swings to Loss and Cuts Guidance

U.S. Agriculture Dept. Creating Incentive Program to Boost Ethanol & Biodiesel Sales

U.S. Extends Clampdown on Iran With Sanctions on Energy Firms

Energy Management System Market to Reach $43 Billion by 2024

Rising Demand for Steel And Energy Pushed Global Coal Use

Global Power Industry Tenders In December 2019: Solar Technology Declines 24%

​New York to Invest $2bn in Utility Energy Efficiency Initiatives to Combat Climate Change

New York to Invest $2bn in Utility Energy Efficiency Initiatives to Combat Climate Change