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Market Analysis
Global Power Systems ‘Need More Flexibility’
An increase in investments should be facilitated by ‘better-designed markets’, says new IEA report.
Energy Investment
Gov’t Approves $575m Sale of Tullow Oil Plc Assets to Total
Tullow Oil plc has revealed that the Uganda and the country’s tax body, the Ugandan Revenue Authority have executed a binding Tax Agreement that reflects the p…
Carbon Neutral
Japan PM Suga Sets 2050 Deadline for Carbon Neutrality
Japan's Prime Minister Yoshihide Suga on Monday set a 2050 deadline for the world's third-largest economy to become carbon neutral, significantly firming up the…
Australia
Solar Meets South Australia’s Total Energy Demand for First Time
Australia hit a renewable energy milestone early in October when solar power provided 100% of South Australia’s energy needs for a whole hour.
Oil Price
Global Oil Prices to Recover in 2021, Reaching $44 pb: World Bank
In its semi-annual commodity markets outlook report, which focused on the impacts of the COVID-19 pandemic on such markets, the WB said that oil prices are expe…
Energy Technology
Mitsubishi Power Receives Order from Serbia for Flue Gas Desulfurisation Systems
Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries Group, has received an order for two sets of one of the world’s largest flue gas desulfurisation …
Coal Trade
VGK Increases Coal Shipments
The coal seaport of Shakhtersk, one of the key assets of VGK, shipped 8.3 million t of coal in 9 months of 2020, which is 1.4 million t or 20.7% more than in th…
China
Global Wind Service Sets up in Taiwan
Wind turbine installer establishes branch office in Taipei.
Oil Field
Suncor May Sell Stake In North Sea Oilfields
Canada’s Suncor Energy is considering selling part of its assets in the North Sea amid a wave of consolidation in the mature offshore basin.
Oil & Gas Trade
Israel And The UAE Sign Historic Oil Deal
Israel and the United Arab Emirates signed this week a preliminary agreement under which crude oil from OPEC’s third-largest producer could be shipped to Europ…
ISH Frankfurt
"World’s Leading Trade Fair for HVAC & Water"ISH Frankfurt is the world’s leading trade fair focusing on the responsible management of water and energy in bui…
Thermal Coal
Poland's PGE to Split Coal Assets by End of 2021
Poland’s biggest energy group PGE should separate its coal assets from other activities by the end of 2021, the company’s Chief Executive Wojciech Dabrowski s…
Coal Trade
China's Jilin Gets 5 mln T Coal Import Quota Amid Tight Supplies
China has issued its northeastern province Jilin thermal coal import quotas for 5 million tonnes, as supplies tighten this winter with imports curbed from top s…
Hydropower Plant
Scatec Solar to Buy SN Power
Norwegian firm Scatec Solar has signed a US$1.166 billion deal to acquire hydropower developer SN Power from Norfund.
Hydrogen Fuel Cell
Ballard Sells UAV Business to Honeywell
In order to increase its focus on fuel cell systems for heavy- and medium-duty motive markets, Ballard Power Systems has sold its unmanned aerial vehicle busine…

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