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Gas turbine engine
MHPS Maintains Leadership in Global Heavy-Duty Gas Turbines Market
Mitsubishi Hitachi Power Systems continues to lead the power generation industry in global market share year-to-date for heavy-duty gas turbines.
Thermal Coal
India's Thermal Coal Imports Fell Sharply in the First half of 2020, Down 27.1% Year-on-Year
India’s thermal coal imports were approximately 73.29 million tons, a decrease of 27.26 million tons from 10.55 million tons in the same period last year and a…
India
India's Tata to Merge with Mundra Power Subsidiary
Indian private-sector utility Tata Power has decided to absorb its subsidiary that operates the 4GW imported coal-fired Mundra power plant to provide financial …
Oil Field
Kazakhstan Reduces Production of Oil and Condensate by 1.4%
Oil and condensate production decreased by 1.4% in seven months of 2020.
Power Construction
Hitachi ABB Power Grids to Operate in Six Balkan Countries
The company’s top officials have also said that “world-class power grid solutions” will help it play an active role in the global decarbonization of energy s…
United States
Sasol Sees Loss With $6.3 Billion in Writedowns, Oil Slump
Sasol Ltd. said it will swing to a full-year loss per share after writedowns on U.S. chemical assets contributed to 112 billion rand ($6.3 billion) of charges a…
Saudi Arabia
Saudi Aramco Profit Collapses But Oil Giant Retains $75bn Dividend
State oil giant Saudi Aramco saw profit collapse nearly 75 per cent in the second quarter as the coronavirus pandemic decimated oil prices around the world.
10 Biggest Oil Consuming Countries in the World
In the last few decades, the share of global oil consumption from Europe and North America have begun to decline, whereas, consumption levels from Asia Pacifi…
Hydrogen Fuel Cell
Australian Demonstration Project will Convert Biogas to Hydrogen
Australia-based Hazer Group on July 31 announced its board has made a final investment decision to proceed with the development of a commercial demonstration pl…
Microgrid
EAST AFRICA: EACREEE Joins Forces with RES4Africa to Promote Micro-Grids
The RES4Africa Foundation announced on July 29, 2020 that it has signed a Memorandum of Understanding with the East African Centre of Excellence for Renewable E…
United Kingdom
BP Cuts Dividend for First Time in a Decade After Record Loss
The dive into the red came after the firm slashed the value of its oil and gas exploration assets in response to price forecasts.
Electric Car
Israel Expects Half Of New Cars Sold In 2030 To Be EVs
Israel is preparing for a massive roll-out of electric vehicles on its roads over the next decade and is instructing its cities to build hundreds of charging po…
Energy Technology
World's First Carbon-Negative Hydrogen Project gets Green Light
A final investment decision has been taken to move forward with the world’s first carbon-negative hydrogen commercial pilot project
Market Analysis
251GW New Chinese Wind Expected this Decade
China is expected to add 251GW of new wind capacity between 2020 and 2029 but additions will take a 16% hit from next year due to the end of subsidies.
Energy Technology
German Oil Refinery to Build 30 MW Hydrogen Electrolysis Plant
Germany agreed a national hydrogen strategy to help decarbonise the economy, including providing 9 billion euros to help promote new projects.
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