Dec

Thermal Coal

Thermal Coal Demand Declining Globally, Driving Fewer Imports, Production

Thermal coal demand is declining globally and forcing cutbacks of imports and production, driven by lower power-sector coal demand resulting from the coronaviru…

Nuclear Power Plant

Ansaldo Nuclear Provides Robot for Caorso Decommissioning

Ansaldo Nuclear has designed and supplied a robot for the removal of 2000 drums of radioactive waste stored in hard-to-access areas within two temporary storage…

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…

Gas Turbine

Siemens Supplying Three Gas Turbines

Siemens Gas and Power will provide three 33 MW SGT-700B industrial gas turbines for a Long-Term Program with Ascend Performance Materials’ nylon intermediate a…

Oil & Gas Trade

Crude Cuts: Nigeria to Earn $10.61bn in Eight Months

Nigeria may earn about $10.61bn from crude oil sales between May and December this year following latest decision by members and non-members of the Organisation…

Combined cycle power plant

Shanghai Electric’s 225MW CCPP Begins Operations in Bangladesh

Shanghai Electric Group’s first combined-cycle power plant (CCPP) in Bangladesh has entered into the commercial operations.

Oil Price

Non-Opec Members Will Also Need to Cut Output to Balance Oil Price

Not just production cut upfront, they have also decided to cut production all the way to April 2022.

CCGT

Economics Shift Further Towards Gas Generation in Europe

Demand destruction due to lockdowns has shifted the relative economics of Europe's fossil power generators towards gas.

Oil Price

G-20, OPEC Working to Rebalance Oil Market

​Energy Ministers of G-20 have arrived at a decision to rebalance global oil markets hit hard by the coronavirus pandemic.

Nuclear Power Plant

KHNP to Support Canadian Decommissioning Projects

In a 7 April statement, KHNP said Kinectrics highly appreciated the technology KHNP used to replace the pressure tubes and improve the facilities of unit 1 of t…

Wind Power Project

Renewables Reach 52% Share in Germany's Gross Power Consumption for Q1

April 9 (Renewables Now) - Electricity from renewable energy sources met 52% of Germany's gross electricity demand in the first quarter of 2020 thanks to a wind…

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.

Oil Price

Oil Could Fall Back To $20

Oil demand is set to plunge by as much as 27 million barrels per day (mb/d) in April, a decline larger than anything that has occurred in the history of oil.

Solar Power Plant

Europe’s Largest Solar Park Now Online

Spanish energy giant Iberdrola has commissioned the largest PV plant in Europe – the 500 MW Núñez de Balboa project – following the completion of constructi…

Biobattery

Fuel Demand Rout Sends U.S. Ethanol Output to Lowest in a Decade

The American ethanol industry is cutting production like never before as coronavirus lockdowns keep drivers off the roads, crushing demand for fuel.