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Oil & Gas Trade

Saudi Arabia's Oil Exports to Drop in May as Demand Slides

Saudi oil exports are expected to fall to about 6 million barrels a day in May, the lowest in nearly a decade.

Oil Price

Oil Prices Fall as Rising U.S. Inventories Reassert Supply Concerns

Oil prices fell Wednesday, ending a multi-day rally.

Hydropower Plant

Hydropower at Risk as Lake Victoria Sees Record Water Levels

In Uganda, Lake Victoria's water levels have surged to their highest level in more than half a century posing a threat to the country's hydropower plants.

Market Analysis

Uzbekistan Publishes Radical New Ten-Year Strategy for Power Sector

The Ministry of Energy of Uzbekistan has published a 'Concept Note', outlining its strategy for the provision of electricity in the Republic of Uzbekistan betwe…

Hydrogen Project

Australia's CEFC Launches $300m Hydrogen Project Fund

The Clean Energy Finance Corporation has welcomed the launch of the $300m Hydrogen Fund.

Market Analysis

Renewables Market to Hit $226 Billion by 2021, Despite COVID-19

A new report exploring the impact of COVID-19 on the global market for renewable energy has been released.

Offshore Wind Power

First Jacket Foundations Arrive for Moray East Offshore Wind Farm

The first eight jacket foundations for the Moray East offshore wind project arrived in the Port of Nigg in Scotland at the weekend.

Solar Power for Home

ENGIE Signs 15-Year PPA with Energiekontor in Germany

ENGIE, a French utility, has signed a 15-year power purchase agreement with Energiekontor, a German developer of solar and wind projects.

Wave Energy

SINN Power Develops Floating Ocean Hybrid Platform

​SINN Power has developed a floating ocean hybrid platform it says can be used “as a complete off-grid energy solution,” generating renewable energy from wav…

Oil & Gas Trade

Venezuela Oil Exports Climb As OPEC Agreement Kicks In

​While OPEC begins to scale back oil production to offset at least partially some of the world’s excess oil supply, Venezuela was busy ramping up its oil expo…

Market Analysis

US Renewable Leader Reports Strong First Quarter Despite Covid-19

​The American Wind Energy Association (AWEA) released new data today, showing the good performance of Dallas-based Tri Global Energy (TGE), a wind power compan…

Market Analysis

Uzbekistan Unveils 8GW Renewables Goal

​Central Asian country Uzbekistan is planning to build 8GW of renewables capacity between 2020 and 2030 as part of a 10-year strategy for electricity provision…

Market Analysis

Australia Wind Output Breaks Through 5,000MW for First Time

​Australia’s wind energy output broke through the 5,000MW for the first time late last Friday – little more than a year after it broke through the 4,000MW mi…

Market Analysis

Hydropower at Risk as Water Levels at Lake Victoria Rise

In Uganda, Lake Victoria’s water levels have surged to their highest level in more than half a century posing a threat to the country’s hydropower plants.

Market Analysis

Largest Solar Project in Eastern US Progresses Despite Market Uncertainty

​Mega-solar projects topping 500 megawatts have cropped up in many regions of the U.S., but land constraints have mostly kept such behemoths out of the Southea…