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Energy storage technology
Can The U.S. Compete With China In The Energy Storage Race?
Last year Oilprice reported that the energy storage industry was about to explode in China. We wrote that “China is set to become the single biggest energy sto…
U.S. Sanctions Rosneft Unit for Ties to Venezuela Oil Production
The U.S. sanctioned a unit of Russia’s largest oil producer Rosneft PJSC for maintaining ties with Venezuela’s Nicolas Maduro and state-run oil company PDVSA,…
Hydrogen Project
UK Government Backs World-first Low Carbon Hydrogen Projects
The UK Government’s Department for Business, Energy and Industrial Strategy (BEIS) has awarded £13m ($17m) to fund two world-first hydrogen projects led by th…
New Fortress Energy signs PPA for 300MW gas power plant
New Fortress Energy has signed a 25-year power purchase agreement (PPA) with electricity distribution companies Distribuidora de Electricidad del Norte (DisNort…
Can Solar Power Compete With Coal?
In a dusty northwest India desert dotted with cows and the occasional camel, a solar-power plant is producing some of the world’s cheapest energy.
Nuclear Power Plant
EDF Readies Plans for £16bn Sizewell C Nuclear Plant
French-owned energy giant reportedly plotting new nuclear power station in Suffolk in partnership with China's CGN
Asian Markets Fall as Coronavirus Hits Earnings, Growth
China is the world's biggest importer and consumer of oil, and crude prices have been particularly sensitive to the epidemic that has spread to nearly 30 countr…
Solar Power Plant
Rio Tinto to Build Solar Plant in Western Australia
Mining giant Rio Tinto has announced plans to build its first solar plant and a lithium-ion battery energy storage system at the Koodaideri mine in the Pilbara,…
PowerChina Seeks Licence for Ugandan $1.4bn Hydropower Plant
Chinese energy company PowerChina has applied to Uganda for a licence to develop a $1.4bn hydroelectric power plan on the river Nile.
Wärtsilä Gets Service Agreement Extension For 25 MW Power Plant
Wärtsilä has signed a four-year extension to its operation and maintenance (O&M) agreement with Cemex Colombia S.A., one of Colombia’s major cement producers…
Energy Storage Project
Azelio Inaugurates Energy Storage Project in Sweden
Swedish thermal energy storage developer Azelio (FRA:4AZ) on Wednesday opened its verification energy storage facility in Amal, Sweden, with an official ceremon…
EVs Outsold Manual-Transmission Vehicles In 2019 In USA
Electric vehicles outsold manual-transmission vehicles in the USA for the first time in 2019. This is just another data point showing that consumers are making …
OPEC Underestimates the Virus
The Covid-19 virus is a human tragedy for many who have been affected by it and it’s having a profound impact on the lives of a large part of the Chinese popul…
Nuclear Power Plant
IAEA Helps Streamline Pakistan's Nuclear Power Programme
Pakistan has described the support it has received from the International Atomic Energy Agency (IAEA) in strengthening its nuclear power programme through a pro…
Solar Power Plant
Peru Authorises 160MW Solar Venture by Spanish Player
Peru has waved through two large-scale solar projects Spanish firm Continua Energías Positivas is looking to develop in the southeast, bringing a boost to PV…
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