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Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor
Saudi Arabia’s sovereign wealth fund built stakes in two major Canadian oil sands players during the energy market rout.
Oil & Gas Trade
Pandemic Punches 1.7-Billion-Barrel Hole in Global Oil Demand
The scale of the demand hit means that despite producers implementing unprecedented output cuts, stockpiles will soar this year.
Solar Company
JinkoSolar Adds Name to 500 Watt Solar Panel Club
‘Solar Module Super League’ (SMSL) leader JinkoSolar has officially launched its next ‘flagship’ PV panel boasting a maximum power output of up to 580Wp.…
Middle East Second Most Popular Region for Renewable Energy Investment
The Middle East is the second most popular region for renewable energy investment after North America, according to a recent report from UK-based law firm Ashur…
UK Govt Extends Feedback Window for CfD Changes Due to COVID-19
The UK government has extended the consultation period for expressing opinions regarding the planned changes of the Contracts for Difference (CfD) scheme by a w…
Wind Farm
Lithuania Ponders 700-MW Wind Park in Baltic Sea
Lithuania’s Ministry of Energy has determined that an offshore wind park with a capacity of 700 MW can be built in the Baltic Sea to produce enough electricity…
Hydrogen Fuel Cell
Coordination Polymer Glass Provides Solid Support for Hydrogen Fuel Cells
Scientists at Japan's Institute for Integrated Cell-Material Sciences (iCeMS) are leading efforts to synthesize stronger and efficient materials for hydrogen fu…
Solar Power Plant
Turkey Set to Issue Tender for 1GW of Solar Capacity
Turkey’s minister of energy, Fatih Dönmez, has announced plans to revitalize the country’s Covid-19-stricken economy, which include a 1 GW solar tender under…
Australia
Australian Biofuels Industry Says COVID-19 Pandemic the Perfect time
Australia's bioenergy industry is calling on the Federal Government to better promote domestic use of green fuels that are being produced in regional Australia …
French Nuclear Energy Society : Nuclear Essential to Economic Recovery
Making a commitment to build six new EPRs in France would be an "effective stimulus" for the country's economy as it recovers in the years ahead from the shock …
Nuclear Technology
DOE Announces $230M to Build Advanced Reactor Demonstration Project
Building on its contention that nuclear power must be a vital part of the American energy future, the U.S. Department of Energy announced.
Oil & Gas Trade
Saudi Loss of China Oil Market Share Likely Brief
Saudi Arabia’s loss of oil market share in China last month to Russia and Iraq is likely to be fleeting, with analysts saying shipments from the kingdom to Asi…
Oil & Gas Trade
OPEC+ Responds to Oil Market Collapse with Surprise Urgency
The 23-nation coalition is well on its way to cutting 9.7 million barrels of daily crude output, roughly 10% of global supplies.
Oil & Gas Trade
US Oil, Gas Rig Count Hits Record Low for Second Consecutive Week
The rig count, an early indicator of future output, fell by 35 to a record low of 339 in the week to May 15, according to data from energy services firm Baker H…
US EIA Expects Strong Renewables Generation Growth in 2020
Notwithstanding a projected decline in total US electrical generation caused by the COVID-19 pandemic, renewable energy sources are projected to produce signifi…
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