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Nuclear Power Plant
ENEC CEO Addresses Barakah Nuclear Plant Goals and Schedule
H.E. Al Hammadi began by highlighting how the UAE Peaceful Nuclear Energy Program has and will continue to power the future social and economic growth of the na…
Energy Storage Material
IEA: These Minerals Are Essential For The Energy Transition
The COVID-19 pandemic has highlighted the vulnerability of global supply chains, including those of critical minerals essential for a number of clean energy t…
Oil & Gas Trade
North American Oil Producers Cut Output Quicker Than Some Expected
OPEC and allies led by Russia struck a deal in April to contain a worsening supply glut as the coronavirus pandemic cratered global fuel demand by about 30%, se…
Solar Power Plant
Capital Dynamics Swoops on 133MW Spanish Solar
Asset manager Capital Dynamics has completed the acquisition of a 100% equity stake in the 133MW Puerto Real 1 photovoltaic project in Spain.
Oil&Gas Drilling
Equatorial Guinea Extends Oil and Gas Exploration Licenses by Two Years
The minster continued: “Liquidity is very important right now. The last thing we want is for [companies] to decide that it is not economical to operate in-coun…
Coal-Fired Power Plants
New Report Highlights Fragility of Indian Coal Sector During Covid-19
The Covid-19 pandemic could help trigger an uptake in renewable power infrastructure and generation in India.
Crude Oil
Saudi Must Reduce Expenditures to Ease COVID-19 Economic Impact: Minister
Saudi Arabia "must reduce expenditures" to mitigate the economic impact of the COVID-19 pandemic, Finance Minister Mohammed al-Jadaan said.
Liquid Hydrogen
World’s Largest Liquid Hydrogen Plant to be Constructed in Ulsan, South Korea
The world’s largest liquid hydrogen plant is set to be constructed in Ulsan, South Korea by Hyosung group in partnership with chemical company Linde.
Coal Trade
Coal Exit Plans on the Rise in Asia
With financial institutions and corporations stepping out of coal-fired power financing, a domino effect across other coal lending financiers in Asia is likely,…
Oil Shale
Exxon, Chevron Slam Brakes on Shale as Oil Demand Tumbles
Exxon Mobil Corp and Chevron Corp are slamming the brakes on U.S. shale oil production at a time when crude prices and fuel demand have plunged due to global …
Oil Price
Canada’s Oil Patch Struggles To Survive The Worst Recession Ever
Canada is likely going through its worst-ever recession, with more pain to come in May when the statistics authorities and analysts will have a fuller picture o…
Coal Mine
Coal India April Shipments Fall 25.5% as Lockdown Erodes Demand
Coal India Ltd.’s shipments in April slumped 25.5% from a year earlier after more than a month-long nationwide lockdown halted economic activity, eroding dem…
Covid-19 Set To Wipe Out $1 Trillion In Oil Production Revenues
Before the pandemic, Rystad Energy was forecasting annual E&P revenues at US$2.35 trillion this year and US$2.52 trillion in 2021.
Market Analysis
IEA: 25% Fall in Weekly Energy Demand During Covid-19 Pandemic
The International Energy Agency (IEA) has released a report into the impacts of Covid-19 on global energy demand and carbon dioxide emissions, revealing that …
IEA: 25% Fall in Weekly Energy Demand During Covid-19 Pandemic
The IEA noted that global renewable energy generation is up 3 during the pandemic, one of few bright spots during the crisis.
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