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Energy Technology
Wärtsilä Developing Hydrogen Technology for Shipping
The hydrogen technology is one of a series of unprecedented engine and gas supply systems being developed in wartsila.
Norway’s Fund Giant Blacklists RWE and Puts Enel on Notice Over Coal Concerns
Leading energy majors have joined the list of firms facing a cut-off from the world’s largest sovereign fund, who is now acting to shed stakes in businesses pr…
Energy Storage Material
Fast-Charging Super-Capacitor Technology Unveiled for Clean Energy Storage
Experts from the University of Surrey believe their dream of clean energy storage is a step closer after they unveiled their ground-breaking super-capacitor tec…
Pumped Storage
SSE Calls on UK Government to Support Pumped Storage
UK utility SSE is expected to receive planning permission to build a 1.5gw pumped storage plant in Scotland.
Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor
Saudi Arabia’s sovereign wealth fund built stakes in two major Canadian oil sands players during the energy market rout.
UK Govt Extends Feedback Window for CfD Changes Due to COVID-19
The UK government has extended the consultation period for expressing opinions regarding the planned changes of the Contracts for Difference (CfD) scheme by a w…
Australia
Australian Biofuels Industry Says COVID-19 Pandemic the Perfect time
Australia's bioenergy industry is calling on the Federal Government to better promote domestic use of green fuels that are being produced in regional Australia …
US EIA Expects Strong Renewables Generation Growth in 2020
Notwithstanding a projected decline in total US electrical generation caused by the COVID-19 pandemic, renewable energy sources are projected to produce signifi…
Nuclear Technology
DOE Launches Program to Demonstrate Advanced Nuclear Reactors Within 5 Years
Private developers of nuclear reactors in the United States are demonstrating their technology in the United States.
Crude Oil
Russia’s OPEC+ Challenge: Cut Output Without Maiming Industry
Russian oil producers are confronting their greatest challenge in decades as they try to fend off a historic price slump without permanently damaging their fiel…
Citi unveils $1.5 Billion Green Bond to Combat Climate Change
American multinational financial services firm Citi has unveiled its first US dollar-denominated green bond to finance environmental-friendly projects.
Oil & Gas Trade
Saudi Arabia Announces Additional Voluntary Reduction of Crude Oil Production
Saudi newspapers highlighted in their editorials today a number of issues at local, regional, and international arenas.
Norway Takes $41 Billion From Oil Fund To Bolster Economy
Norway is set to use a record amount of petroleum revenues from its US$1-trillion oil fund – the world’s largest sovereign wealth fund – this year to counter…
Oil Price
Oil Jumps After Saudi Arabia, UAE And Kuwait Pledge Deeper Cuts
Oil prices rose early on Tuesday after OPEC's Middle East heavyweights pledged additional cuts, instilling hopes in the market that further production reduction…
Coal Trade
Australia Eases Access to Seaborne Coal Markets
Coal ports in Queensland, Australia, are easing restrictions on covid-19 for foreign crew members.
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