Dec

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.
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…

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Dec

State Grid Corp. of China Is Finally Getting Out of Real Estate

Mitsubishi Hitachi Power Systems Wins 1950 MW Power Upgrade

Moteurs Baudouin Releasing First Natural Gas Engine Line

Exxon To Slash Spending As Oil Price Collapse Continues

Global Wave and Tidal Stream Energy Production Surges Tenfold

Siemens Receives Third Order from Belarus for SGT-800 Gas Turbines

Oil giant Saudi Aramco Sees 2019 Profits Drop 20% to $88.2B

IEA: Coronavirus May Hamper Clean Energy Transition & Climate Action

U.S. to Spend $50 Billion, Buy Oil Amid Virus Economic Pain

Worldwide Oil Price Drop to Curb Turkey's Gas Import Costs by 30%

The U.S. Is Ramping Up Its Wind Power Production

Is Green Hydrogen The Route to Decarbonization?

IFC Leads Financing for 390 MW Natural Gas-Fired Power Plant

Coronavirus And Global Supply Chain Disruption: A Wake-Up Call For Climate Policy?

Aramco Shares Fall 9%; Below IPO Price for First Time as OPEC Pact Unravels