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Economy
Power Construction
Australia Labor’s Budget Response: $20 Billion to Rewire the Grid
The Federal Opposition has responded to the Federal Government’s 2020-21 Budget, outlining a plan to invest $20 billion in rewiring the electricity grid to all…
Market Analysis
Argentina’s Oil Boom Is Showing Signs Of Life
After the devastating impact of the COVID-19 pandemic on its economy, there are signs that Argentina’s once burgeoning oil industry is coming back to life.
Energy Investment
Total Invests in Hyzon Motors
Through its venture capital arm Total Carbon Neutrality Ventures, European energy giant Total has made a strategic investment in hydrogen vehicle manufacturer H…
United Kingdom
ExxonMobil to Cut European Workforce By 1600
Global energy company ExxonMobil has announced that it will reduce the number of its workers across its businesses in Europe.
Crude Oil
Libya’s Central Banks Wants To Lift Oil Output To 1.7 Million Bpd
The governor of the Libyan central bank has called for the increase of oil production to 1.7 million bpd as soon as possible as the country’s economy continues…
Energy Investment
China’s Clean Energy Plan Could Cost It $5 Trillion
China’s plan to reach carbon neutrality by 2060 could end up costing it $5 trillion.
Electricity Trade
Indonesia’s Power Sector is Open for Business
The final episode in Enlit Asia’s digital series Indonesia’s New Energy Paradigm did not disappoint, as the expert panel delved into how the country’s energy…
Energy Investment
Eurpoean Bank Supports Upgrade of Electricity Network in Hungary
The European Investment Bank has announced support for the upgrade and expansion of the electrical power network in south-eastern Hungary.
India
India Clears Plan for Domestic Gas Price Discovery
The Indian cabinet has approved a policy aimed at creating price discovery for domestic natural gas output, part of a series of reforms by Delhi to push the cou…
United States
Road Map to a US Hydrogen Economy Unveiled
The Road Map to a US Hydrogen Economy was yesterday launched to showcase how the states can expand its global energy leadership.
Iberdrola Announces New €1.5bn Renewables Investment Plan
Spanish multinational utility Iberdrola has announced that it plans to triple its renewable energy capacity in Andalusia within the next five years.
Libya
Easy Solar Closes $5m to Scale-Up Energy Access in West Africa
Easy Solar has closed $5m to scale-up energy access in Sierra Leone and Liberia.
United Kingdom
Europe Announces First-Ever Renewable Energy Institute
The European Energy Centre has been awarded Institute status by the UK Government following the distinguished work in providing accredited Renewable Energy trai…
Electricity Trade
NextEra Energy to Acquire Power Transmission Company GridLiance
NextEra Energy Transmission has signed an agreement to acquire US-based independent power transmission company GridLiance.
Japan
World First: Saudi Arabia Sends Blue Ammonia Shipment to Japan
In a significant step towards sustainable hydrogen usage and a circular carbon economy, Saudi Arabia has sent the world’s first shipment of blue ammonia to Jap…
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