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CNPC
China's Crude Oil Imports to Rise 2% y/y in 2020
China’s crude oil imports are expected to increase by around 2% in 2020 amid lower prices, while apparent crude oil consumption is seen rising by 1-2%, accordi…
Coal-Fired Power Plants
Closed Texas Power Plant May be Refired in 2021
A now-closed coal-fired power plant in Texas may be reopened in 2021 to help meet what is projected to be record high demand for electricity.
Renewable Energy
Global Green Energy Growth to Fall for First Time in 20 Years: IEA
Global growth in new renewable energy capacity will experience its first annual decline in 20 years this year amid the coronavirus pandemic but is expected to p…
Coal-Fired Power Plants
DEFF Orders Eskom to Shut Down Kendal Power Station
South Africa's environment minister, Barbara Creecy, has rejected Eskom's objection to and confirmed the compliance notice issued to Eskom in December 2019 by t…
Electric Vehicle Sales Are Expected to Fall by 18% in 2020, the Long Term Outlook Remains Positive
With a decade-long upward trend in electric vehicles sales boosted by the popularity of Tesla's vehicles and other EVs such as Nissan Leaf and Toyota Prius, aut…
Solar Power Plant
Myanmar Launches 1 GW Solar Tender
The country’s Ministry of Electricity and Energy is seeking proposals for 30 large-scale solar plants. The selected developers will be awarded 20-year power pu…
Coal Price
Effects of Lower Coal Prices Only Partially Reflected in 1Q20
As average coal input prices exceeded our estimate due to lower utilization rates at coal power plants, KEPCO’s 1Q20 results fell short of our estimates.
Oil Shale
U.S. Oil Output from Major Shale to Drop in June to Nearly Two-Year Low
U.S. crude production from seven major shale formations is expected to fall by a record 197,000 barrels per day in June to 7.822 million bpd, the U.S. Energy In…
Crude Oil
PetroChina's Dalian Refinery to Resume Operations in Late-June
PetroChina said on Tuesday its subsidiary refinery Dalian Petrochemical Corp, which kicked off an overhaul on April 8, is expected to resume operations in late-…
Hydropower Plant
Construction of Expanded Hoa Binh Hydropower Plant to Kick Off in Oct 2020
The extended Hoa Binh Hydropower Plant, which is expected to break ground in October 2020, is considered the largest power project to be constructed this year.
Oil Shale
No One Expected U.S. Shale Oil Output Cuts to Happen So Fast
In brokering the end to the global oil-price war last month, the Trump administration assured leaders that America’s shale patch would throttle back production…
Pumped Storage
SSE Calls on UK Government to Support Pumped Storage
UK utility SSE is expected to receive planning permission to build a 1.5gw pumped storage plant in Scotland.
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…
Solar Power Plant
‘World’s Largest Concentrated Solar Plant’ Progresses Despite Covid-19
Global oil refining production could start rebounding in June, the International Energy Agency said on Thursday, but refiners’ margins may be squeezed due to r…
Oil Shale
U.S. Shale Needs To Slow Down To Survive
Global oil refining production could start rebounding in June, the IEA said on Thursday, but refiners’ margins may be squeezed due to rising crude prices as pr…
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