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Oil Price

OPEC Warns of ‘Immense Challenges’ as Talks on Oil Production Cuts Continue

OPEC warned on Monday that the “immense challenges” caused by the Covid-19 pandemic were likely to persist into 2021, as the group of oil producers continues …

Biofuel

Uniper Energy Dubai & Neutral Fuels Join Forces to Deliver Maritime Biofuel in Fujairah

Uniper Energy DMCC (UED) and Neutral Fuels have announced that they will collaborate to provide maritime biofuel in Fujairah, UAE.

Solar Power Plant

Germany's Largest Solar Park Feeds First Kilowatt Hour of Electricity into the Grid

EnBW is gradually placing the solar park near Berlin with an output of 187 megawatts into operation / 465,000 solar modules are being installed in total.

Coal Trade

Indonesia and China Strengthen Coal Investment and Trade Co-Operation

The Indonesian Coal Mining Association and China Coal Transportation and Distribution Association have signed a co-operation in a form of memorandum of understa…

Carbon Neutral

New Concept to Help Chinese Cities Achieve Carbon Peaking and Neutrality Goals

A new report released by the Rocky Mountain Institute provides recommendations on how cities in China can achieve carbon emissions reduction goals set by the go…

Energy Security

ABB Helps Beirut to Rebuild Power Infrastructure

Following the devastating explosion in the port of Beirut, Lebanon, in August 2020, which saw loss of life and many vital services impacted, rebuild efforts hav…

Energy Infrastructure

Australia’s Government Invests AU$125m Towards Grid Infrastructure for Snowy 2.0 Pumped Hydro

The Australian government-backed Clean Energy Finance Corporation has committed AU$125 million to help build grid infrastructure for a 2GW pumped hydro project …

Petronas Posts Nine-Months Loss

Malaysian energy giant Petronas posted a loss for the nine months of 2020.

LNG

Innovative Floating LNG Regasification Plant in Ghana gets Funding

Development set to reduce heavy fuel oil use, improve gas supply security, cut energy generation costs and significantly cut Co2 and sulphur dioxide emissions.

Oil & Gas Trade

U.S. Ups Pressure to Push Venezuela Oil Exports to Zero

Under the increased pressure from the United States, the companies classifying ships are asked to check if vessels have participated in shipments to Venezuela.

Solar Power Plant

South Africa: 75MW Waterloo Solar Begins Commercial Operations

Waterloo Solar in the North West Province has commenced commercial operations, becoming the latest utility-scale solar PV project in South Africa.

Nuclear Power Plant

Poland Sees Cost of Building 6-9 GW of Nuclear Energy at $30 bln

Poland generates most of its electricity from burning coal and sees nuclear energy as a way to help it reduce emissions as required by the European Union.

Turkey

Renewables Make up 99.6% of New Power Capacity in Turkey This Year

Two thirds of the commissioned power plant capacity in Turkey in the first three quarters was in hydropower units while the total share of renewables was 99.6%.

Solar Power Plant

Dubai Inaugurates 800MW PV

Phase three of the Mohammed bin Rashid Al Maktoum Solar Park is part of a larger complex totalling 5GW

Energy-Eficient Building

Three Finnish Companies Join The Net Zero Carbon Buildings Commitment

Following WorldGBC's call for leadership to decarbonise the building and construction sector during World Green Building Week 2020, three new Finnish companies …