Eu

Thermal Coal

EU Coal Demand to Fall as Imports Reach 30-Year Low

In February, the eu's net imports of thermal coal fell to a 30-year low.

Oil & Gas Trade

Nigeria's Oil, Gas Exports Hit $5.1bn in One Year - NNPC

The Nigerian National Petroleum Corporation (NNPC) has said that the country exported oil and gas worth about $5.18 billion in the last one year, spanning betwe…

Market Analysis

General Motors Aims for Carbon Neutral Facilities with Renewable Energy

The automaker wants several Michigan locations to run entirely on renewables by 2023.

CNPC

CNPC Starts Building a 5.6 bcm Gas Storage Project in Xinjiang (China)

China National Petroleum Corporation (CNPC) has started to build the Wenjisang gas storage cluster project in Tuha Oilfield in the Xinjiang Uygur Autonomous Reg…

Austria Becomes Second EU Country to Go Coal-Free – Sweden on Its heels

Austria and Sweden both closed their last operating coal-fired power plants.

Wärtsilä Gains $1M in Funding for Finnish Hydrogen Research

Finnish technology group Wärtsilä has secured one million Euros in funding from Business Finland for a hydrogen research project.

Solar Power Plant

Germany has 200,000 Solar-Plus-Storage Systems

EuPD Research estimates around 65,000 energy storage systems linked to rooftop PV were installed last year thanks to increasingly popular solar arrays and elect…

Crude Oil

Trump Says "Looking to" Add 75 mln Barrels of Oil to Strategic Petroleum Reserve

U.S. President Donald Trump said on Monday that the United States is "looking to" add 75 million barrels of oil to its Strategic Petroleum Reserve (SPR) as oil …

Oil & Gas Trade

Australia Says First in Line to Buy Crude to Store in US Strategic Reserve

Australia is at the head of the queue to buy oil and store it in the US Strategic Petroleum Reserve.

Wind Farm

Foresight Finalises Acquisition of 231MW Wind Farm with EU Partners

The UK's foresight group bought the 231mw Skaftasen wind farm from rise, a Swedish renewable energy company.

Solar Power Plant

E-Reverse PV Auction of India's NHPC Lures 3.1 GW of Bids

Indian hydropower major NHPC (BOM:533098) last week completed a tender for 2,000 MW of grid-connected solar projects at tariffs as low as INR 2.55 (USD 0.033/EU…

Market Analysis

Europe Can Reach Net-Zero by 2050 with 100% Renewables, Study Shows

New modelling shows that Europe could reach climate neutrality before 2050 through a 100% renewable energy scenario which would also see solar technology genera…

Crude Oil

BPCL Kochi Refinery Takes Steps to Maintain Petroleum Products Supply

Although the COVID 19 outbreak hit demand for gasoline, diesel, fuel oil, asphalt, aviation turbine fuel (ATF) and other petroleum products.

Crude Oil

India Dips in to Weakened Crude Market to Fill up its Strategic Oil Reserves

Ministry of petroleum and natural gas has mandated ISPRL to work closely with public sector oil companies including MRPL to achieve the target of filling up Man…

Energy Transition

Covid-19 Response Accelerates the Renewable Transition, According to Wärtsilä

Coal-based power generation has fallen by 25.5% across the European Union and the UK in the first three months of 2020, compared to 2019, as a result of the res…