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Oil Price
Not Even The $2 Trillion Stimulus Package Can Save Oil Markets
The package would provide $2 trillion in funding, allocated directly to the White House’s plan which includes purchasing 77 million barrels of oil for the Stra…
Oil Price
UK Supermarkets Cut Fuel Prices As Oil Continues to Plunge
The RAC said it is the largest single cut it has seen and predicted it will result in prices sinking to a four-year low.
Wind Power in China
Coronavirus'a Crisis Unlike Anything the Market has Even Seen for Wind Sector
The wind power industry is facing “a crisis unlike anything it’s ever seen” as the coronavirus pandemic impacts markets and production around the world, said…
Crude Oil
Oil Ekes Out Gains as U.S. Stimulus Hopes Lift Global Markets
Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid packa…
Shale Gas
Not Even Higher Oil Prices Can Save U.S. Shale
The U.S. shale industry is burning through cash so fast that even the state of Texas is looking at government rationed production targets. Texas Railroad Commis…
Oil Price
Russia Moves In On European Gas Markets As Oil Prices Crash
Russia sees a silver lining in the oil price collapse—it now believes that the oil price war will help it win the war for natural gas market share in Europe.
Nuclear Technology
Ambassador Expresses Hope for Further Korea-UAE Cooperation
The successful cooperation between South Korea and the United Arab Emirates in building the Barakah nuclear power plant in Abu Dhabi has opened a new avenue for…
Hydropower Plant
Chinese Company Dumps Coal Plants, Moves Aluminum Production to Hydro-Rich Yunnan
Aluminum producer China Hongqiao Group Limited is selling its coal-fired power generation assets to Shandong Guoxu New Energy Co.
Nuclear Power Plant
Ostrovets Unit 1 Nuclear Reactor in Belarus Nears Operational Readiness
Belarus has built A 2.4 GW nuclear power station.
Gas Turbine
Moteurs Baudouin Releasing First Natural Gas Engine Line
Moteurs Baudouin, which has built diesel engines for the marine and power generation markets for 100 years, said it will release its first engine range powered …
Nuclear Power Plant
Ostrovets Unit 1 Nuclear Reactor Nearly Ready for Operation in Belarus
A 2.4-GW nuclear power plant in Belarus, built to lessen that nation’s dependence on Russian energy yet built with Russian input and finance, is due to be oper…
DRC Gets Africa’s Biggest Hydropower Projects Back On Track
The Democratic Republic of Congo is looking to breathe new life into the Grand Inga Dam project, which is said to be the world’s largest proposed hydroelectric…
EU Sets Aside EUR 980 Million for Clean Energy Infrastructure
The European Commission has released EUR 980 million of funding for key European energy infrastructure projects with major cross-border benefits.
215-mw Sao Goncalo Iii Solar Park Project In Brazil
Under the contract, Grupo Proyfe will supervise the construction works, measurements and operational planning, in order to guarantee the quality of the project.…
Coal-Fired Power Plants
From U.S. to Europe to China to Russia, Renewables are Now Cheaper than Coal
It’s now cheaper to invest in renewable energy than coal in all major markets around the world—and more than half of existing coal plants are also more expens…
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