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Energy Investment
Coal India and NLC India form 5GW Power Generation Joint Venture
Coal India has formed a power generation joint venture with NLC India to develop solar and thermal power assets.
Oil & Gas Trade
Dominion Energy Sells Natural Gas Assets for $9.7bn
Dominion Energy has agreed to sell its natural gas assets for $9.7bn, the US-based power company announced on Sunday.
LNG
Japan Bets Big on Mozambique Liquefied Natural Gas
The money will fund the development of a gas field in the African country to produce some 12 million tons of LNG annually.
Oil & Gas Trade
Warren Buffett's Berkshire Buys Dominion Energy Natural Gas Assets in $10 Billion Deal
Warren Buffett's Berkshire Hathaway is finally pulling the trigger.
Coal Production
Indonesia Sets July Coal Benchmark Price at Lowest in 4 yrs
The Indonesian government set its coal benchmark price (HBA) for July at $52.16 per tonne, down from $52.98 per tonne last month
Wind Turbine
UK Targets More Sustainable Composites
There are currently significantly limited commercial recycling routes for wind turbine blades in the UK, and very few options in Europe as a whole.
Crude Oil
Saudi Prince Phones Nigeria to Bring Them in Line with OPEC+ Cuts
Saudi Arabia, de facto leader of the OPEC cartel, held a call with fellow member Nigeria as the organization strives to deliver production cuts aimed at bolster…
LNG
India's Top Gas Importer Close to Long-Term Deal Around Spot Prices
India's top gas importer Petronet LNG will soon finalise a deal to import at least 1 million tonnes per annum of liquefied natural gas with prices near the spot…
Oil Price
Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter
It said it would take aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter.
German Aircraft Engine Firm Targets Potential Geothermal Exploration for Heating
As reported locally, German aircraft engine manufacturer MTU Aero Engines AG targets the exploration if the company can use geothermal energy to supply its plan…
Oil Pipeline
UAE Oil Major Signs A $20 Billion Gas Deal
UAE’s ADNOC today announced a $20.7-billion deal with six international companies for the acquisition of a minority stake in Adnoc Gas Pipeline Assets.
China Energy
China Sets NEV Quotas Till 2023
The Chinese government has now made the final decision to extend its quotas for New Energy Vehicles beyond 2020.
Oil Price
Oil Prices Will Hit $50 Before The End Of The Year
Despite fears of a second wave of COVID-19, oil markets rebounded last week, showing signs of improving fundamentals as global supplies continue to tighten.
Energy Storage Battery
Lithium Batteries for Solar Under the Quality Spotlight with PI Berlin's New Service
Making sure the production quality of the batteries they choose meets their requirements.
Market Analysis
Magellan Sees 3Q Gasoline Demand Recovery
Fuel demand in Magellan's Midstream Partners' more rural central US markets has recovered faster than more urban regions, chief executive Mike Mears said today.
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