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Crude Oil

Oil Demand Won’t Bounce Back Anytime Soon

Oil demand is expected to be down by nearly 30 million barrels per day (mb/d) in April and down by almost 10 mb/d for the entire year, according to the latest e…

Nuclear Power Plant

Framatome Contracted for Taishan EPR Services

The contract covers nuclear plant outage and maintenance work, including spare parts supply and engineering services for eight years.

Wind Turbine

Annual Revenue for Global Wind Turbine Supply Chain to Hit $600bn

The global wind turbine supply chain is expected to generate up to $600 billion per annum between 2020 and 2028.

Oil Price

Oil Rises Amid Hopes for Quick Decline in U.S. Shale Output

Oil prices rose more than 1% on Tuesday after the main U.S. energy forecasting agency predicted shale output in the world's biggest crude producer would fall by…

Nuclear Power Plant

Belarus To Launch New Nuclear Power Plant This Autumn

Officials in Minsk say a nuclear power plant being constructed in western Belarus will be launched during the summer and start producing electricity in the autu…

Hydrogen Fuel Cell

First American Hydrogen Fuel Cell Vessel’s Construction Shipyard Selected

All American Marine now has a location for building the H2-powered electric drive ferry.

Offshore Wind Power

MHI Vestas Turbines for 700MW Japanese Offshore Wind Project

Renova has selected MHI Vestas to supply turbines for the Akita Yurihonjo offshore wind project in Japan.

Market Analysis

Wood Mackenzie Lowers Global Solar Demand Forecast on COVID-19 Impact

Recently, IHS Markit said it expected global installs to decline 16% to 105GW in 2020, compared to around 125GW installed in 2019.

Coal Production

GlobalData: Global Coal Production Set to Grow by Only 0.5% in 2020

Global coal production is expected to grow only marginally in 2020, from 8.13 billion t in 2019 to 8.17 billion t in 2020 a growth of only 0.5% after three cons…

Offshore Wind Power

No Covid-19 Delay to Offshore Wind Power Auction Delivery, UK Gov Says

The Department for Business, Energy and Industrial Strategy (BEIS) announced that the consultation deadline for its Contracts for Difference (CfD) auction will …

Solar Power Plant

Pandemic Causes Crucial Delays for India's Solar Projects

In India, around 2.3 GW of solar plants were expected to be commissioned from June to August 2020.

Oil & Gas Trade

Iran doesn't Agree with Holding OPEC+ Meet Without Clear Outcome

Iran’s Oil Minister, Bijan Zanganeh, said his country does not agree with holding any OPEC+ meeting in the absence of a clear proposal and expected outcome fro…

Oil&Gas Drilling

Government Admits BP Drilling Permit Process was Unlawful

The government admits it acted unlawfully in granting BP’s permit to drill for new oil in the North Sea, a Greenpeace legal challenge reveals, after officials …

Solar Power Panel

Oil Companies Are Collapsing, but Wind and Solar Energy Keep Growing

The renewable-energy business is expected to keep growing, though more slowly, in contrast to fossil fuel companies, which have been hammered by low oil and gas…

Solar Power Plant

World-First for Seychelles: IPP to Develop Largest Floating Solar Plant

In Seychelles, French developer Qair, has been selected to develop the largest floating solar power plant to be installed on saltwater in the world.