Energy economy

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…

Oil Falls As Middle East Anxieties Ebb for Now

The front-month contract for Brent crude North Sea oil was last seen down USD 0.73 at USD 68.18/bbl – off Monday’s three-month high – while the WTI equivalen…

Iran, Iraq and Suleimani: How Will Things Play Out for Energy Markets?

It’s winter in Baghdad, but the US killing of Iranian major general Qassem Suleimani and Iraqi militia leader Abu Mahdi Al Muhandis has raised the already heat…

​Iran Tension May Push up Fuel Prices, Spook Bid to Boost Economy

Global oil prices spiked 4 per cent on Friday as tensions flared up in the Middle East, setting off worries over an extended spell of market volatility hitting …

Britain's Renewables Produced More Electricity Than Fossil Fuels in 2019

BRITAIN, the birthplace of coal power, produced more electricity from zero-carbon sources such as wind, solar and nuclear than from fossil fuel plants for the f…

US Grid Forced to Raise Wind And Solar Price to Match Fossils

Federal regulators have ordered the US’s largest grid operator to raise prices of wind and solar power so they are in line with fossil fuels. FERC was accused …

Fraud-struck CG Power Sells Overseas Assets to Repay Debt

The manufacturer of power and distribution transformers is valuing its global assets at around $250 million.

World-Energy Wishes Merry Christmas and All the Best for the New Year

World Energy wishes you and your family a happy holiday season and all the best for the New Year.

Cabinet Approves Renewable Energy Cooperation Agreement with Saudi Arabia

The memorandum of understanding involves upgrading the level of technologies and their applications in the field of renewable energy.

Aramco Stocks Give up about Half of Gains since Debut

Saudi Aramco shares extended their losses for a fourth session, reversing about half the gains accumulated from the rally following its historic trading debut.

EDF's Imtech Acquires Energy Performance Firm Breathe

Breathe was established in 2010 to deliver engineering solutions to reduce energy consumption and carbon emissions, renew infrastructure, save operating costs a…