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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…
Croatia’s Hydrocarbon Agency Estimates up to 500 MW Geothermal Potential
The licensing process (hydrocarbon or geothermal) in Croatia is carried out by the Croatian Hydrocarbon Agency established by the Government of the Republic of …
Nuclear Power Plant
Russia Reaches Milestone with Kursk II RPV
Kursk II will also be the first Russian nuclear power plant to have a digital automated system for managing costs and scheduling during the construction process…
Stadtwerke Kiel Replaces Coal Plant with Cutting-Edge CHP Facility
A power station hailed as one of Europe’s most modern and flexible combined heat and power plants is now operational on the site of a former coal-fired plant i…
Power Construction
New York Announces $341m Funding to Rebuild Transmission Lines
The Government of New York has announced a funding of $341m to rebuild an 86-mile stretch of ageing Moses-Adirondack transmission lines.
LIBERIA: AfDB Finances Gbedin Waterfalls Hydropower Project
An agreement has recently been signed between the African Development Bank (AfDB) Group and the Government of Liberia to finance the Gbedin Hydroelectric Projec…
Oil&Gas Drilling
BP Produces First Oil from Alligin Field Off UK
Oil major BP has announced early production from the Alligin field located in the west of Shetland region, offshore the UK.
Oil & Gas Trade
Oil Bankruptcies Are Reaching Worrying Levels
Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and gas producers, oilfield services a…
Oil & Gas Trade
OPEC+ Considers 500,000 Bpd Cut In Emergency Meeting
The OPEC+ group of producers are said to be considering deepening the cuts by another 500,000 bpd, due to depressed oil demand amid the virus outbreak, OPEC and…
Brexit Day: The Great Green Gamble Begins
Whether you regard the prospect as exciting or terrifying, the UK is embarking on an uncertain journey outside the EU - the consequences for the environment and…
Nuclear Power Plant
South Korea Continues Nuclear Phase-out
South Korea has announced the permanent closure of another nuclear reactor, as the country continues to phase out thermal power generation and increase the use …
Oil & Gas Trade
Kuwait and Saudi Arabia Start Work to Resume Oil Output from Khafji – Sources
Kuwait and Saudi Arabia have started preparation work to resume crude oil production from the al-Khafji oilfield jointly operated by the two countries, with ini…
Power Plant Emissions Down 47% Under the Regional Greenhouse Gas Initiative
This first-in-the-nation regional effort to lower carbon emissions from power plants is actually a cap-and-invest program. Power plants buy emission allowances …
Solar Power Panel
Coronavirus Expected to Impact Solar Industry Supply Chain
ROTH Capital Partners has told investors that the recent outbreak of the Coronavirus in China is likely to impact the solar industry supply chain, due to extend…
Offshore Wind Power
Is Germany Too Dependent On Renewable Energy?
Germany now generates over 35 percent of its yearly electricity consumption from wind and solar sources. Over 30 000 wind turbines have been built, with a total…
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