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Market Analysis
Rystad Energy: Coal's Power Use in 2020 Set for 40-Year Low
Coal use in the United States is falling much faster than the country has expected for years.
Coal-Fired Power Plants
Sweden Shutters Last Coal-Fired Generating Plant 2 Years Early
It’s good news when a nation makes plans to rid itself of electricity generated from burning coal. It’s even better news when it does so ahead of schedule.
Oil & Gas Trade
Refined Oil Product Freight Rates Nearly Double in a Week
Refined oil tanker rates surged this week to their highest level in 11 years.
Wind Turbine
Siemens Gamesa is Taking its Wind Strategy One Step Further
Siemens Gamesa renewable energy has been awarded a long-term contract for 20 years.
Thermal Coal
Sweden Exits Coal Two Years Early
The Nordic nation is now the third European country to have waved goodbye to coal for power generation. Another 11 European states have made plans to follow sui…
Market Analysis
NAMIBIA: $63.23 Million Invested in Environmental Preservation Over 5 Years
According to a report recently released by the government of Namibia, N$1.2 billion (US$63.23 million) has been invested in environmental conservation. The fund…
Wind Farm
EGYPT: Zafarana 30 MW Wind Farm to be Closed in 2021 after 20 Years of Operation
Egypt will close a 30-megawatt wind farm in Zafarana, on the country's red sea coast, in 2021.
Wave Energy
Eco Wave Power to Build 20MW Wave Energy Project in Portugal
EWP receives concession for APDL’s breakwaters for a period of up to 30 years to build wave energy power station.
Market Analysis
Renewables will Provide Over 25% of US Capacity within 3 yrs
FERC's latest monthly "Energy Infrastructure Update" report (with data through February 29, 2020) also reveals that wind and solar are on track to each provide …
Wind Turbine
Dominion Energy Nears Construction on First-Ever Offshore Wind Turbines in U.S. Federal Waters
The turbine assembly and monopiles offshore wind (CVOW) pilot project off the Virginia coast announced today has begun.
Solar Power Plant
Covid-19: 150 GW Renewable Energy Projects at Risk in Asia Pacific
Up to 150 GW of wind and solar projects in the asia-pacific region could be delayed or cancelled in the next five years .
Crude Oil
Mexico's President Fears The Economic Consequences As Oil Prices Go Negative
Mexico will try to reduce spending with additional austerity measures amid the coronavirus pandemic and the oil price collapse, but it will not dismiss governme…
Coal Mine
Citi Stop Working with Hermal Coal Miners, to Reject Funding for Arctic Oil, Gas Exploration
Citigroup will stop providing financial services to thermal coal-mining companies over the next 10 years to help accelerate the economy’s shift away from fossi…
Crude Oil
OPEC Still has an Important Role to Play in Global Oil Market
Scan Western news about OPEC from the last few years, and a common observation tends to appear: OPEC had a huge influence on the global oil market back in the d…
Oil Price
Oil Prices Hit $15 For The First Time In 21 Years
A gruesome combination of crumbling demand for crude and global storage filled to its brim has pushed oil prices to levels not seen in over two decades.
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