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Market Analysis

Opec's President Calls for an Earlier Meeting of Producers

The proposal would allow members to factor any policy changes to Opec+ cuts ahead of their monthly export allocations

Oil Price

Oil Price Crash to Fuel Japan and South Korea's Coal-to-Gas Switch

LNG volumes sold on an oil-indexed basis could become cheaper.

Gas turbine engine

GE Completes Italy Gas Turbine Upgrade Despite COVID19

GE and Italian energy firm Tirreno Power have revealed how they managed to complete an upgrade on a gas turbine at a major power plant during the peak of Italy…

How Long Until Hydrogen Is Competitive At The Pump?

Hydrogen might have a way to break through one of the barriers that keeps it from reaching mass-scale adoption for fuel cell electric cars and trucks.

Iran Strongly Deplores US New Sanctions

The Iranian foreign ministry on Saturday strongly condemned the US administration decision to end sanctions waivers covering important Iran nuclear deal project…

Clean emission

EI Sets Initial Science-Based Targets to Reduce GHG Emissions

The UK chartered professional membership body Energy Institute has set initial science-based targets to reach net-zero greenhouse gas emissions.

Market Analysis

Siemens Deal to Enable Nigerians Receive 11,000MW of Electricity by 2023

Lai Mohammed, minister of information, says Nigerians will enjoy 11,000 megawatts (MW) of electricity by 2023.

Solar Power Plant

Largest Solar Power Plant In UK History Gets Final Approval

Three years in the planning, the Cleve Hill Solar Park has gotten final approval from the UK Planning Inspectorate Office.

Oil&Gas Drilling

Turkey Says May Begin Oil Exploration Under Libya Deal in 3-4 months

Turkey may begin oil exploration in the eastern Mediterranean within three or four months under a deal it signed with Libya that was condemned by others in the …

Solar Power Plant

Europe Needs a Solar Boom Now or Regret Missing Out

Europeans need to urgently increase the solar power that their economies generate or face a reckoning with climate change they could regret.

US Ethanol Output Continues to Rise, Stocks Fall Again

US ethanol production averaged 724,000 b/d for the week ended May 22, an increase of 61,000 b/d, and the fourth consecutive weekly rise, data from the US Energy…

Biobattery

Minute Molecular Movements Might Lead to More Efficient Biofuel Cells

Leiden researchers have found minute movements in the laccase enzyme. This discovery could lead to the development of much more efficient biofuel cells.

Nuclear Technology

Assembly of ITER Fusion Machine Gets Under Way

The 1250-tonne steel base of the cryostat - which will insulate the magnetic system at cryogenic temperature from the outside environment - has been installed a…

Nuclear Power Plant

Czech State Offers to Pay 70% of Dukovany Unit Cost

Czech Prime Minister Andrej Babiš told reporters in Prague yesterday that the government will provide a loan to ČEZ to cover 70% of the cost of building a new…

Geothermal Power Plant

PT Geo Dipa Energi Secures $335 m in Loans for 110 MW Geothermal Development in Indonesia

ADB will also manage a $35 million loan from the Clean Technology Fund for the project.