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Dec
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.
Offshore Wind Power
The U.S. Is Ramping Up Its Wind Power Production
We already know that in order to meet the international greenhouse emissions standards set by the Paris climate agreement, we are going to have to do a lot more…
Market Analysis
Is Green Hydrogen The Route to Decarbonization?
Years from now, historians may very well view our modern day era as the period in which energy leaders and private investors truly began to see green hydrogen f…
Gas power plant
IFC Leads Financing for 390 MW Natural Gas-Fired Power Plant
The International Finance Corporation (IFC) announced the signing of a €303m ($346m) financing package for a new gas-fired power project in Côte d’Ivoire.
Climate Policy
Coronavirus And Global Supply Chain Disruption: A Wake-Up Call For Climate Policy?
Coronavirus has slowed down economic activity and temporarily reduced China’s carbon emissions. However, there is a deeper implication for climate policy: deca…
Oil & Gas Trade
Aramco Shares Fall 9%; Below IPO Price for First Time as OPEC Pact Unravels
Shares of Saudi state oil company Aramco (2222.SE) slumped below their initial public offering (IPO) price on Sunday for the first time since they began trading…
Energy Storage Battery
$89M RINGO Energy Storage Project Starts Work in France
Italian multinational Nidec has started work on the first energy storage system in mainland France as part of an €80m ($89m) pilot project for French transmiss…
Wind Turbine
Longer Turbine Blades Have Slashed Wind Energy Costs
Longer wind turbine blades over the last decade have allowed wind developers to produce more power without making turbines taller and could continue to drive fu…
Nuclear Fuel
IAEA Raises Alarm Over Iran’s Nuclear Programme
Iran has nearly tripled its stockpile of enriched uranium over the last three months in violation of its agreement with world powers and is refusing to answer q…
GE Achieves Battery-Enabled Blackstart of Heavy Duty Gas Turbine
General Electric (GE) has for the first time achieved blackstart of a GE heavy-duty gas turbine using battery energy storage.
The Formation of International Hydrogen Aviation Association (IHAA)
Hy-Hybrid Energy’s CEO, Dr. Naveed Akhtar has been working on hydrogen and fuel cells since more than two decades.
Wärtsilä to operate 378MW gas power plant in El Salvador
Finnish technology group Wärtsilä has agreed to operate and maintain Energía del Pacífico’s 378MW power plant in El Salvador.
Nuclear Fuel
Iran's Uranium Stockpile Rises Further, Say Media
Iran has tripled its stockpile of enriched uranium to 1,020.9 kg over the past three months and failed to provide International Atomic Energy Agency inspectors …
Market Analysis
GE Power: Gas Turbine Market Stabilizing
GE Power sees the gas turbine market stabilizing, in part because of the growing accessibility to natural gas around the globe.
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