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Dec
Crude Oil
OPEC+ Decision To Raise Output Could Keep U.S. Gasoline Under $3
Rallying oil prices in recent weeks have intensified speculation that this week the OPEC+ group will decide to put more oil on the market as of April to prevent…
Net Zero Emission
British Insurer Aviva Sets Out Net Zero 2040 Climate Strategy
ollowing the 2015 Paris Agreement on climate change, many countries and companies are aiming for net zero carbon emissions by 2050, to limit global warming to 1…
Energy Transition
Pacific Island Nations Reinforce Energy Transition Goals Ahead of COP26
Pacific Island governments have reinforced their commitment to energy transition action and strengthened sustainable energy goals within updated nationally dete…
Oil & Gas Trade
Turkey's Imports of Natural Gas from Iran Fell by 31% in 2020
Turkey imported 5.32 billion cubic meters of natural gas from Iran in 2020, a year-on-year decrease of 31%.
Tidal Energy
North America’s Oldest Tidal Power Plant Set for Closing
Nova Scotia Power, the owner of the Annapolis Tidal Generating Station, has decided to retire the 37-year-old power plant following a failure related to its ele…
Market Analysis
China's Coal Consumption Share Falls to 56.8% at End-2020
The rapid rollout of renewable-energy capacity and the growing use of natural gas has helped reduce the share of coal consumption from around 68% over the last …
Solar Power Panel
Video: Solar Panels Turn Desert into Oasis
Desertification meant animal husbandry was unsustainable a decade ago. But now, people and their animals are returning.
Crude Oil
Oil Prices Reach One-Year High As Global Crude Supplies Shrink
Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback in demand.
Market Analysis
Rejoining Paris Pact Signals U.S. Ready To Jump Aboard Hydrogen Express
The decision by the Biden administration to rejoin the Paris agreement will likely provide a boost to the creation of a robust hydrogen fuel industry in the U.S…
Video: How Offshore Nuclear Power Stations can Help Achieve Rapid Deep Decarbonization
The need for deep decarbonization is now well understood.
Electric Car
Geely Plans to Shift Focus to Hybrid Electric Vehicles, Set up NEV factory: Reports
Li reportedly said that the shift of focus was a decision made based on changes in the global auto sector, and Geely will expand its partnerships in electric ca…
Hydropower Plant
Republika Srpska’s Parliament Calls for Moratorium on Small Hydropower Plants
The parliament of Republika Srpska has adopted a declaration on river protection, which calls on the Bosnian Serb entity’s government to impose a moratorium on…
Energy Security
Bill Gates Reveals What Caused Deadly Power Outages in Texas
On Saturday, US President Joe Biden declared a major disaster in the Lone Star State allowing the government to allocate more funds to help millions of people a…
Solar Power Plant
Global PV Installations to Surpass 150 GW in 2021
Despite pandemic-induced impacts, the PV market was bigger than expected last year. In particular, an installation rush in Vietnam and China took place in Decem…
Joe Biden
How to Calculate the Social Cost of Carbon? Researchers Offer Roadmap in New Analysis
The Biden administration is revising the social cost of carbon (SCC), a decade-old cost-benefit metric used to inform climate policy by placing a monetary value…
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