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Solar Power Plant
Elgin Energy Finds Greek Partner for 76MW UK PV
Elgin Energy is partnering with the renewables and energy storage arm of Greek company Metka EGN Mytilineos to develop 76MW of unsubsidised solar farms in the U…
Electricity Transmission
Adani Transmission to Buy Power Line Operator for $172m
This could bring the company’s cumulative network to 15,400 circuit kilometres.
Oil & Gas Trade
Berkshire Hathaway Strikes $10bn Deal with Dominion Energy for Natural Gas Assets
It announced the cancellation of a multi-billion-dollar natural gas pipeline joint venture with Duke Energy.
Market Analysis
Big Oil Confronts Possibility of Terminal Demand Decline
Although crude prices have rebounded from coronavirus crisis lows, oil execs and experts are starting to ask if the industry has crossed the Rubicon of peak dem…
Oil & Gas Trade
Poland and Germany to Cut Russian Pipeline Oil Imports in July
Poland and Germany are set to reduce purchases of Russian flagship Urals crude blend via the Druzhba pipeline this month after Moscow cut its oil output along w…
Crude Oil
Exxon Is Big Oil's Outlier In The Post-Pandemic World
While oil majors stuck to spending discipline after the 2015-2016 price crash, ExxonMobil was the one to stand out from the crowd as it increased capital expend…
Oil Pipeline
Michigan Judge Allows Restart of Disputed Line 5 Oil Pipeline
Enbridge resumed pumping through the Midwest pipeline.
Oil & Gas Trade
US Court Orders Seizure of Iranian Gasoline Cargoes
A US federal court today authorized the seizure of 1.16mn bl of Iranian gasoline aboard four tankers, which are allegedly transporting it to Venezuela.
Nuclear Fuel
BWXT Wins Contract to Expand TRISO Production
Idaho National Laboratory has awarded BWX Technologies Inc a USD26 million, 20-month contract to expand and upgrade its manufacturing line for TRISO nuclear fue…
Power Construction
Srpska Adopts New Law on Electricity in Line with EU's Third Energy Package
The National Assembly of the Republic of Srpska has adopted a new law on electricity.
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…
Nigeria
Nigeria: President Buhari to Launch AKK Gas Pipeline Project
Muhammadu Buhari, Nigeria's President, is expected to start work on the 40-inch x 614km AKK gas pipeline on June 30.
NTPC's Profits Dropped to $1.34b in FY 2020
Generation declined to 290.19 billion units compared to last year.
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.
Coal Production
Poland's Coal Production in May Decreased by 39.5% Year-on-Year
The decline in coal production was mainly due to the spread of COVID - 19, which caused a severe blow to the country's coal industry.
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