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Market Analysis
Global Electric Power Demand Surges Above Pre-pandemic Levels
Electricity demand and emissions are now 5% higher than where they were before the Covid-19 outbreak, which prompted worldwide lockdowns.
Belgium
Belgian Think Tank Seeks Reversal of Nuclear Phase Out
Belgian think tank Horizon 238 on 21 August addressed a letter to Prime Minister Alexander De Croo asking him “to reconsider the nuclear phase-out”, which bec…
CNOOC
CNOOC's First-Half Profit more than Triples
China's top offshore oil and gas driller CNOOC Ltd said on Thursday its first-half net profit more than tripled from a low base last year, supported by reboundi…
LNG
Post-COVID-19 Recovery of LNG Market: What’s Next?
The global economy is cautiously walking away from the shadow of the unprecedented challenge of the COVID-19 pandemic.
Solar Cell
Perovskite-Silicon Tandems could Rapidly Scale Solar
Halide perovskites combined with conventional silicon could help solar break the 26% efficiency barrier – disrupting the technology without disrupting business…
Cooperation case
Joint Construction of BRI Makes Progress in H1: NDRC
Strengthened pandemic control efforts by related Chinese enterprises prevented wide spread of COVID-19 in areas where BRI projects are located, according to Men…
Offshore Wind Power
Enterprize Signs Brazilian Offshore Wind MoU
Agreement with Rio Grande do Norte state also includes green hydrogen and ammonia projects
Crude Oil
Oil Turns Positive, Clawing Back Losses After White House Calls on OPEC to Boost Production
Oil prices reversed losses to trade in the green on Wednesday, after the White House called on OPEC and its allies to increase oil production to support the glo…
Offshore Wind Power
Simply Blue and Subsea 7 Sign MoU with ERM for Floating Wind Project
The potential incorporation of ERM Dolphyn with the Salamander project could support the UK Government’s decarbonisation plan.
India Power Gen
India Power Gen will provide a comprehensive end-to-end power focus that encompasses generation, transmission and distribution, new technologies and water. Indi…
Carbon Emissions
Oil-Producing Oman Pledges 2% Emissions Reduction by 2030
Struggling to balance its budget as the coronavirus pandemic hits oil revenues, Oman is looking to diversify the economy and cut electricity subsidies
Net Zero Emission
Nation’s Largest Renewable Energy Company Calls for Net Zero
The head of Australia’s largest privately owned renewable energy company has called for the federal government to sign up to net zero as the newly expanded gro…
Thermal Plant
South Africa’s 4,764MW Medupi Coal Plant Completed
South Africa’s state-owned utility Eskom has announced that Unit 1, the last of six generation units of the Medupi Power Station Project, has attained commerci…
Thermal Plant
Ansaldo Energia Lays Foundation for German Thermoelectric Plant
Ansaldo Energia has successfully implemented the project despite several challenges caused by the pandemic.
Oil Shale
New Mexico’s Permian Output Rises – will a Modest Shale Recovery Follow?
New Mexico’s oil production surged to a record in May highlighting the Permian Basin’s role as the shale industry sees some recovery from the pandemic.
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