Economy

Oil Falls As Middle East Anxieties Ebb for Now

The front-month contract for Brent crude North Sea oil was last seen down USD 0.73 at USD 68.18/bbl – off Monday’s three-month high – while the WTI equivalen…

Iran, Iraq and Suleimani: How Will Things Play Out for Energy Markets?

It’s winter in Baghdad, but the US killing of Iranian major general Qassem Suleimani and Iraqi militia leader Abu Mahdi Al Muhandis has raised the already heat…

​Iran Tension May Push up Fuel Prices, Spook Bid to Boost Economy

Global oil prices spiked 4 per cent on Friday as tensions flared up in the Middle East, setting off worries over an extended spell of market volatility hitting …

Coal Power

Montana Coal-fired Power Plant will Close Two Units Built in 1970s

The plant employs about 300 people and is the main driver of the economy for the surrounding town of Colstrip, which has about 2,300 people.

Britain's Renewables Produced More Electricity Than Fossil Fuels in 2019

BRITAIN, the birthplace of coal power, produced more electricity from zero-carbon sources such as wind, solar and nuclear than from fossil fuel plants for the f…

South Korea Plans to Build World’s First Hydrogen Towns

South Korea plans to build the world’s first ‘hydrogen cities’ to promote the hydrogen economy.

3G Energy Corp

Experience makes the difference - Brian Barr and Graham Findlay founded the business in 2001 with the shared belief that a growing low carbon economy would prod…

US Grid Forced to Raise Wind And Solar Price to Match Fossils

Federal regulators have ordered the US’s largest grid operator to raise prices of wind and solar power so they are in line with fossil fuels. FERC was accused …

Fraud-struck CG Power Sells Overseas Assets to Repay Debt

The manufacturer of power and distribution transformers is valuing its global assets at around $250 million.

World-Energy Wishes Merry Christmas and All the Best for the New Year

World Energy wishes you and your family a happy holiday season and all the best for the New Year.

Cabinet Approves Renewable Energy Cooperation Agreement with Saudi Arabia

The memorandum of understanding involves upgrading the level of technologies and their applications in the field of renewable energy.

Nuclear Power Plant

Release Radioactive Fukushima Water into Sea or Air?

The economy and industry ministry has proposed gradually releasing or allowing to evaporate massive amounts of treated but still radioactive water at the tsunam…

Saudi Arabia and France Agree to Build Solar Plant Systems

Saudi Arabia’s Al Rushaid Group, whose interests span construction and engineering sectors, signed a joint venture agreement with France’s Optimum Tracker to …

Aramco Stocks Give up about Half of Gains since Debut

Saudi Aramco shares extended their losses for a fourth session, reversing about half the gains accumulated from the rally following its historic trading debut.

EDF's Imtech Acquires Energy Performance Firm Breathe

Breathe was established in 2010 to deliver engineering solutions to reduce energy consumption and carbon emissions, renew infrastructure, save operating costs a…