Economy

Clean emission
Gasification with CO2 Storage Reduces the Costs of the EU's ZERO Carbon Strategy by 40&
The energy transition to decarbonise the EU’s economy fully by 2050 will be felt economically in all member states. An illustrative example of this is that eve…
Coal-Fired Power Plants
India's Coal Sector Faces Stranded Asset Risks Amounting $40b
The resulting liquidity crunch could keep banks from lending to the renewable sector.
Oil Price
Not Even The $2 Trillion Stimulus Package Can Save Oil Markets
The package would provide $2 trillion in funding, allocated directly to the White House’s plan which includes purchasing 77 million barrels of oil for the Stra…
Shell Pauses $25bn Share Buyback Scheme Amid Oil Market Disruption
Weak demand and falling prices have persuaded Shell to suspend its share buyback scheme for the year, as French major Total follows suit.
$160 Millions for Renewable Energy Through the Energy Inclusion Facility
The Energy Inclusion Facility (EIF) of the African Development Bank (AfDB) has raised USD 160 million. The funds provided by several development partners will h…
Crude Oil
Azerbaijan Could Soon Tap Its 410 Million Barrel Oil Reserves
Azerbaijan says it has proven an oil deposit in the Caspian Sea is commercially viable, offering a small psychological boost as the country’s oil-based econo…
Oil’s Plunge Is an Existential Threat to a Far Cleaner Biofuel
It withstood a downward currency spiral, economic malaise, a jump in raw-material costs and political upheaval. Now one of Brazil’s booming industries has fina…
EU Sets Aside EUR 980 Million for Clean Energy Infrastructure
The European Commission has released EUR 980 million of funding for key European energy infrastructure projects with major cross-border benefits.
Ireland Shares €1m for Research Targeting Geothermal Energy
Three projects in Ireland are to receive a share of €1m in funding for research targeting geothermal energy.
PG&E Wins Approval for $23 Billion Bankruptcy Financing Package
Power producer PG&E Corp (PCG.N) said on Monday that it won bankruptcy court approval to use up to $23 billion in financing after California Governor Gavin News…
Oil giant Saudi Aramco Sees 2019 Profits Drop 20% to $88.2B
Oil giant Saudi Aramco said Sunday its profits dropped 20% in 2019 to $88.2 billion, a sharp decline coming as the kingdom stands ready to flood an already-weak…
U.S. to Spend $50 Billion, Buy Oil Amid Virus Economic Pain
With the economy reeling, United States President Donald Trump on Friday, March 13, declared a national emergency to stem the damage from the coronavirus, unloc…
Offshore Wind Power
The U.S. Is Ramping Up Its Wind Power Production
We already know that in order to meet the international greenhouse emissions standards set by the Paris climate agreement, we are going to have to do a lot more…
Oil Price
Lower Oil Prices to Provide Tailwinds to Indian Economy
The present run of lower oil prices will bring significant benefits for the Indian economy as reduced import bill and lower current account deficit and inflatio…
COP26 President Presents Opportunities from Low-Carbon Goals
The United Nations' climate talks this year can be a moment where the world comes together to ramp up momentum towards a climate-resilient, zero-carbon economy,…

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Economy

Gasification with CO2 Storage Reduces the Costs of the EU's ZERO Carbon Strategy by 40&

India's Coal Sector Faces Stranded Asset Risks Amounting $40b

Not Even The $2 Trillion Stimulus Package Can Save Oil Markets

Shell Pauses $25bn Share Buyback Scheme Amid Oil Market Disruption

$160 Millions for Renewable Energy Through the Energy Inclusion Facility

Azerbaijan Could Soon Tap Its 410 Million Barrel Oil Reserves

Oil’s Plunge Is an Existential Threat to a Far Cleaner Biofuel

EU Sets Aside EUR 980 Million for Clean Energy Infrastructure

Ireland Shares €1m for Research Targeting Geothermal Energy

PG&E Wins Approval for $23 Billion Bankruptcy Financing Package

Oil giant Saudi Aramco Sees 2019 Profits Drop 20% to $88.2B

U.S. to Spend $50 Billion, Buy Oil Amid Virus Economic Pain

The U.S. Is Ramping Up Its Wind Power Production

Lower Oil Prices to Provide Tailwinds to Indian Economy

COP26 President Presents Opportunities from Low-Carbon Goals