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Dec
Thermal Coal
S.Korea First-Quarter Thermal Coal Imports Set for 10-yr Low on Anti-Pollution Measures
South Korea's first-quarter thermal coal imports are set to fall to a decade-low due to stricter air pollution measures, while the coronavirus outbreak has redu…
Coal-Fired Power Plants
Global Coal Plant Development Fell for 4th Year Running in 2019: Research
Global coal power plant development declined for the fourth year running in 2019, while a total of 13 gigawatts (GW) of capacity construction has been delayed s…
Gas power plant
First-of-its-kind Power Plant Utilizes Ethane in Combustion Mix
A new Competitive Power Ventures gas-fired power plant in Pennsylvania, United States, has been adapted to use ethane in its combustion mix.
Wind Farm
Coronavirus: Global Wind Energy Capacity Addition to Decline by 4.9 GW
The coronavirus crisis will cause global wind energy additions in 2020 to decline by 4.9 Gigawatt.
Oil Shale
What Happens if U.S. Shale Goes Bust?
This month has seen a spectacular oil price crash the likes of which we haven't seen in decades. The last time we had since a single day oil price drop as drast…
Market Analysis
State Grid Corp. of China Is Finally Getting Out of Real Estate
State Grid Corp. of China, the country’s largest electricity distributor, is planning to exit the real estate business, nearly a decade after its primary overs…
CCGT
Mitsubishi Hitachi Power Systems Wins 1950 MW Power Upgrade
Project will incorporate three 1650℃ MHPS M701JAC-type GTCC power generating facilities
Gas Turbine
Moteurs Baudouin Releasing First Natural Gas Engine Line
Moteurs Baudouin, which has built diesel engines for the marine and power generation markets for 100 years, said it will release its first engine range powered …
Oil Price
Exxon To Slash Spending As Oil Price Collapse Continues
Exxon has become the latest U.S. oil company to announce plans for spending cuts amid the coronavirus outbreak that caused a price slide significantly aggravate…
Global Wave and Tidal Stream Energy Production Surges Tenfold
Global wave and tidal stream energy production have risen tenfold over the last decade, according to a report issued by Ocean Energy Systems (OES).
Gas turbine engine
Siemens Receives Third Order from Belarus for SGT-800 Gas Turbines
For the third time in three months, Siemens has received an order from Belarus to supply SGT-800 industrial gas turbines.
Oil giant Saudi Aramco Sees 2019 Profits Drop 20% to $88.2B
Oil giant Saudi Aramco said Sunday its profits dropped 20% in 2019 to $88.2 billion, a sharp decline coming as the kingdom stands ready to flood an already-weak…
Clean Energy Transition
IEA: Coronavirus May Hamper Clean Energy Transition & Climate Action
The coronavirus pandemic might lead to a decline in carbon emissions in the short-term, but may pose a threat to long-term climate action as it will also underm…
U.S. to Spend $50 Billion, Buy Oil Amid Virus Economic Pain
With the economy reeling, United States President Donald Trump on Friday, March 13, declared a national emergency to stem the damage from the coronavirus, unloc…
Oil & Gas Trade
Worldwide Oil Price Drop to Curb Turkey's Gas Import Costs by 30%
The drop in oil prices could lead to a 30% decrease in Turkey's long-term natural gas contracts with Russia, Iran and Azerbaijan, experts predict.
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