News

Market Analysis

Australia’s Hydrogen Fuel Transition is Great News for the Coal Sector

Australia is launching into a hydrogen fuel transition to gain from Japan’s intentions to become a top H2 energy source adopter. The Australian goal is to beco…

Electric Car

Electric Cars Better for Climate in 95% of the World

Fears that electric cars could actually increase carbon emissions are unfounded in almost all parts of the world, news research shows. Media reports have regula…

PG&E Wins Approval for $23 Billion Bankruptcy Financing Package

Power producer PG&E Corp (PCG.N) said on Monday that it won bankruptcy court approval to use up to $23 billion in financing after California Governor Gavin News…

Oil & Gas Trade

Venezuela Looks To Play Mediator Between OPEC And Russia

Venezuela is in discussions with OPEC and Russia about the current oil price collapse, Nicolas Maduro said on Thursday at a press conference shown on Twitter, a…

Oil Price

Saudis to Sell Oil at $25 in Market Share Grab from Russia

Saudi Arabia is preparing to flood markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia, a…

Crude

Saudis Sell Oil at $25 in Market Share Grab from Russia

​Saudi Arabia is preparing to flood markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia,…

Nuclear Fuel

Iran's Uranium Stockpile Rises Further, Say Media

Iran has tripled its stockpile of enriched uranium to 1,020.9 kg over the past three months and failed to provide International Atomic Energy Agency inspectors …

Coronavirus Delays Construction Progress on 510-MW Batang Toru Hydropower Plant in Indonesia

Work on the 510-MW Batang Toru hydropower plants in North Sumatra Province, Indonesia, was temporarily shut down in mid-February because workers from mainland C…

Solar Company

I&M Plans Major Solar Facility In Indiana

​Indiana Michigan Power has received approval from the Indiana Utility Regulatory Commission to build a new solar facility in St. Joseph County, Indiana. The a…

Electric Vehicle Battery

Audi Suspends Electric Vehicle Production Due To Battery Shortage

Today in "news that affects all electric vehicle manufacturers but definitely not Tesla stock", Audi has announced that it has suspended production of its e-Tro…

Drilling for Geothermal Project to Proceed on the Azores, Portugal

​As reported by local news in Iceland, Iceland Geothermal Drilling Company has secured a drilling contract valued at ISK 2.6 billion (around EUR 18.6 million) …

Debate Renews Between Iran, US at IAEA Meeting

Debate renewed Monday between representatives of the United States and Iran on the 2015 nuclear deal, during a meeting for the International Atomic Energy Agenc…

Geothermal Power Plant

Construction of 10 MW Dieng Small-Scale Geothermal Plant Progressing In Indonesia

Local news from Indonesia, report that construction is progressing on the 10 MW Dieng small scale geothermal power plant of PT Geo Dipa Energi.

Oil Price

Oil Prices Jump 2% as Virus Vaccine Reports Spur Hope

Also supporting oil was news that the Organization of the Petroleum Exporting Countries (OPEC) and its producer allies were considering further output cuts to c…

District Heating Network in Fondon, Spain to Tap Mine Water for Geothermal Heat

The geothermal network of Fondón in Southern Spain will be put into service next year, so local news.