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Energy economy
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…
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.
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 f…
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 …
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.…
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-pe…
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 — i…
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 …
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 t…
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 o…
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 d…
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 m…
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 d…
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…
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…
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