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Oil & Gas Trade

Oil Falls Below $61, Heading for Weekly Loss on China Virus Concerns

Oil extended losses on Friday to trade below $61 a barrel, heading for a weekly decline as concern that the coronavirus in China may spread.

Japan Minister Seeks Review of Coal-fired Plant in Vietnam

In the face of international pressure regarding the building of coal-fired power plants, Japan's environment minister on Friday called on the government to reco…

Thermal Plant

German Local Utilities Say Threatened by Hard Coal Exit Plan

German local utilities group VKU said on Friday the government’s draft plans to phase out hard coal fired power stations in the coming years as part of its cli…

Electric Car

Democratic Presidential Candidate Pushes All New Cars to Be Electric by 2035

Democratic presidential candidate Michael Bloomberg would push for all new cars to be electric by 2035 and new buildings to produce zero carbon emissions by 202…

Oil&Gas Drilling

Huge New Field Sends Norway’s Oil Production To 9-Year-High

The start-up of the massive Johan Sverdrup oilfield sent Norway’s oil production rising to a nine-year high in December 2019, beating the authorities’ forecas…

Nuclear Power Plant

Japan's Shikoku Electric Says to Delay Nuclear Reactor Restart After Court Order

Japanese utility Shikoku Electric Power Co said on Friday it had been ordered by a Hiroshima court to suspend operations of its only operable nuclear reactor, t…

Nuclear Power Plant

Japan's Shikoku Electric Says to Delay Nuclear Reactor Restart

Japanese utility Shikoku Electric Power Co said on Friday it had been ordered by a Hiroshima court to suspend operations of its only operable nuclear reactor, t…

China Develops Large Tidal Current Generator Unit

China's tidal current generator unit with the country's largest single-machine capacity of 600 kW has passed the approval tests of the Ministry of Natural Resou…

Greenhouse Gas Emissions

An International Ocean Renewable Energy Action Coalition Formed to Advance Sustainable Deployment

Ocean-based renewable energy, such as offshore wind, floating solar, tidal and wave power, could meet nearly 10 percent of the annual greenhouse gas emissions r…

Coal-Fired Power Plants

France to close 580MW Havre coal power plant in April 2021

France’s 580 megawatt (MW) Havre coal power plant will close on April 1, 2021, the energy ministry said on Friday.

Temperature Tracing – Important Element to Sustainable Use of Geothermal Resources

There are challenges holding geothermal energy development back, as described in a recent article shared on the website of the Idaho National Laboratory.

Climate Policy

Tens of Thousands Protest Australian PM's Climate Policies Amid Bushfire Crisis

Thousands of activists marched in several major cities across Australia on Friday, calling on the government to act on the climate crisis and do more to stop th…

Oil & Gas Trade

Woodside JV Approves Senegal's First Oil Project

Oil and gas major Woodside Petroleum on Friday announced that the joint venture (JV) partners have approved the development of Phase 1 of the Sangomar field dev…

​Iran Tension May Push up Fuel Prices, Spook Bid to Boost Economy

Global oil prices spiked 4 per cent on Friday as tensions flared up in the Middle East, setting off worries over an extended spell of market volatility hitting …

Oil&Gas Drilling

U.S. offshore rig count drops to 23

The number of offshore rigs in the U.S. slipped to 23 units over the last week, according to weekly rig count reports released by Baker Hughes on Friday, Decemb…