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Market Analysis

Spain Submits Ambitious 2030 Energy and Climate National Plan

​Spain is a powerhouse for renewable energy deployment with 25,7 gigawatts (GW) of total installed wind capacity, WindEurope said in a press release, adding th…

Oil&Gas Drilling

LUKOIL Moves to Next Stage of North Caspian Field Development

​Russian oil major LUKOIL said on April 10 the company has moved on to the next stage of facilities construction for the Valery Grayfer field being the launch …

Market Analysis

European Solar Fears Power Price Plunge May Dampen Subsidy-Free Prospects

​The crash of power prices seen as Europe locks down over the COVID-19 crisis could dampen investor enthusiasm for subsidy-free solar, a SolarPower Europe webi…

Oil Price

India Pitches for Stable Oil Market, Says it Will Remain Growth Engine of World

​Amid high volatility in international markets, India, world's third largest oil consumer, on Friday pitched for a stable oil market that provides reasonable p…

Oil & Gas Trade

Here Is The "Secret Weapon" That Allowed Tiny Oil Producer Mexico To Defy Giant Saudi Arabia

Mexico's annual spending on its hedge with Wall Street banks is shown in the chart below.

Wind Power Project

Iberdrola Seeks Nod for Wind-Plus-Storage, Solar Projects on Canary Islands

​Iberdrola SA has plans to build a 13-MW wind farm with storage and a 5.5-MW solar park on the Spanish island of Tenerife in the Canary Islands archipelago.

Solar Power Plant

Photon Energy Buys Stake in Aussie Solar-Hydro Storage co RayGen

​Amsterdam-based Photon Energy NV (WSE:PEN) has bought a minority stake in Australia’s RayGen Resources Pty Ltd with which it will develop a 100-MWp/1,000-MWh…

Oil Shale

Coronacrisis Is Killing Argentina’s Shale Oil Boom

Argentina’s Vaca Muerta shale is on life support just weeks after the meltdown in global crude oil prices.

Supply and Installation of Generator at Bububu Zanzibar

Tenders are invited for Supply and Installation of Generator at Bububu Zanzibar

Interest for Generator maintenance

Expressions of interest for Generator maintenance

Solar Power Plant

Conway Corp and Lightsource BP Announce 132 Megawatt Solar Project

Lightsource BP will finance, build, own and operate the facility and will deliver the solar energy it generates to Conway Corp under the fixed-rate power purcha…

Wind Farm

Development of 338MW Sage Draw Wind Farm in Texas, US Completed

The development of 33MW Sage Draw wind farm in Garza and Lynn Counties, in the US state of Texas has been completed; developer Danish power company Ørsted has …

Clean emission

Rio Tinto Urges Climate Action Despite Pandemic

Rio Tinto Chairman Simon Thompson is urging governments across the world to take “urgent” action on climate change despite the twin evils of Covid-19 and econ…

Hydropower Plant

Ethiopia to Press Ahead With Africa's Biggest Hydropower Dam

Ethiopia's government vowed to continue work on a massive dam that's stoked tensions with Egypt.

Solar Power Plant

Chart Shows Rise in Wind, Solar; Overall Drop in Energy Use in The US

Lawrence Livermore National Laboratory’s latest annual energy flow chart suggests that in 2019, for the second year in a row, wind and solar made up the larges…