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Wind Power Project
Facebook to Buy 170MW of Windpower in Landmark Renewables Deal
Renewable energy developer Apex Clean Energy has announced a power purchase agreement with Facebook for approximately 170MW.
Saudi Arabia
Saudi Aramco Still Aims for $15 Billion Investment in India’s Reliance
Saudi Aramco said it’s still working on a deal to buy a $15 billion stake in Reliance Industries Ltd.’s refining and chemicals business, even as lower oil pri…
Solar Inverter
Sungrow Debuts 1500V Lithium-ion Energy Storage Solution at SNEC 2020
Sungrow, a global leading inverter solution supplier for renewables, debuted its latest 1500V LFP Lithium-ion energy storage system (ESS) solutions for a full r…
Oil & Gas Trade
Iran Moves from Oil to Petrochemicals in Export
Country launches 3 major petrochemical projects worth $1.6B to boost non-oil revenue.
Coal-Fired Power Plants
Britain Goes 2 Months Without Burning Coal for Power
Britain has gone two full months without burning coal for electricity, as Covid-19 restrictions reduce demand, and the country plans to be off it entirely in th…
Energy Saving
EBRD Announces €10 Million Energy Efficiency Finance Package for Sarajevo
The European Bank for Reconstruction and Development and the European Union have announced €10 million in funding for the capital city of Bosnia and Herzegovin…
Coal-Fired Power Plants
U.S. Rapidly Shutting Coal in Favour of Natural Gas
Since 2010, utilities have retired or announced the closure of more than 500 coal-fired power plants in the U.S.
Oil & Gas Trade
U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia
The U.S. sent in June its first crude oil shipment to Saudi Arabia since the ban on crude export was lifted in 2015, which was also the first shipment since one…
LNG
Inpex Hit by $1.3 bln Australian LNG Assets Impairment
Japan’s oil and gas giant Inpex has flagged a 139.7 billion yen ($1.33 billion) impairment loss on its Australian LNG assets.
Wind Power Project
Statkraft UK Awarded 330MW in Ireland’s First Renewable Energy Auction
Norwegian mega-utility Statkraft has been awarded a total of 330MW of the almost 1.3GW in clean energy capacity available in Ireland’s first renewable energy a…
Coal Production
Global Coal Surplus Supply May Reach 17 Million Tons in 2020
The company has significantly lowered its forecast for global seaborne thermal coal surplus supply in 2020 to 17 million tons.
Coal Mine
Peabody Energy Writes Down Value of World's Largest Coal Mine by $1.42 billion
Coal giant Peabody Energy is writing down the value of its huge North Antelope Rochelle Mine in Wyoming by $1.42 billion.
China
Asia Shrugs Off OPEC Supply Rise as Refiners Grapple with Crippled Demand
Middle Eastern sour crude supply is expected to increase this month after OPEC+ members on July 15 agreed to pare back their production cut commitment.
Electric Car
NIO Delivered 3,533 EVs in July, up 322.1% YoY; 17,702 Units Year-to-Date
China-based premium EV-maker NIO reported that it delivered 3,533 vehicles in July 2020, representing a robust 322.1% growth year-over-year.
Nuclear Fuel
Ostrovets Plant Set for Fuel Loading
It consists of two VVER-1200 reactors that are scheduled for commissioning this year and next.

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Facebook to Buy 170MW of Windpower in Landmark Renewables Deal

Saudi Aramco Still Aims for $15 Billion Investment in India’s Reliance

Sungrow Debuts 1500V Lithium-ion Energy Storage Solution at SNEC 2020

Iran Moves from Oil to Petrochemicals in Export

Britain Goes 2 Months Without Burning Coal for Power

EBRD Announces €10 Million Energy Efficiency Finance Package for Sarajevo

U.S. Rapidly Shutting Coal in Favour of Natural Gas

U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia

Inpex Hit by $1.3 bln Australian LNG Assets Impairment

Statkraft UK Awarded 330MW in Ireland’s First Renewable Energy Auction

Global Coal Surplus Supply May Reach 17 Million Tons in 2020

Peabody Energy Writes Down Value of World's Largest Coal Mine by $1.42 billion

Asia Shrugs Off OPEC Supply Rise as Refiners Grapple with Crippled Demand

NIO Delivered 3,533 EVs in July, up 322.1% YoY; 17,702 Units Year-to-Date

Ostrovets Plant Set for Fuel Loading