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Market Analysis
EIA Notes Power Demand Destruction from Coronavirus
The coronavirus pandemic is altering the power landscape, with utilities and other power generators forced to adjust for load disruptions.
Offshore Wind Power
European Wind Investment Slides as Covid-19 Undercuts Spending Power
The impact of the coronavirus pandemic is likely to reduce liquidity in debt and equity markets, WindEurope says.
LNG
Qatar Petroleum: Coronavirus Turmoil Will not Stop LNG Expansion Abroad
Qatar Petroleum is pressing ahead with foreign as well as domestic expansion despite the global market turmoil caused by the coronavirus pandemic.
Nuclear Power Plant
IAEA Supports Discharge of Fukushima Daiichi Water
A review of the management of treated water stored at the damaged Fukushima Daiichi nuclear power plant in Japan has been carried out by the International Atomi…
New York Passes Renewable Energy Act Amidst Coronavirus Pandemic
State of New York authorities have passed legislation to speed up the siting and construction of large-scale clean energy projects to help the sector recover fr…
Oil Price
Russian Oil Firms Ready To Agree To A Production Cut Deal
With oil prices below Russia’s budget breakeven and with over 20 percent of global oil demand wiped out by the coronavirus pandemic, Russian oil firms could be…
Coal-Fired Power Plants
Global Coal Generation Fell by a Record Amount in 2019
In the coming months, governments around the globe will pump trillions in public spending to try to stimulate economic recovery.
Nuclear Power Plant
COVID-19 May Delay Vogtle Nuclear Expansion
Southern Co. in a filing with the Securities and Exchange Commission (SEC) on April 1 said the COVID-19 pandemic “could disrupt or delay construction, testing,…
Oil & Gas Trade
Showing Honest Solidarity and Working Remotely ElektroMotion Series Being Supportive Technology
Recently industrial activity has been substantially reduced and labor forces worldwide have been affected heavily.
Greenhouse Gas Emissions
Russia Drafts Strategy for Low-Carbon Development
Russia's Ministry for Economic Development last week published a draft strategy for low-carbon development to 2050.
Market Analysis
Coal Phase-Out Can Provide “Cheap” Way to Reduce Emissions, Researchers Say
New research has shown that a global phase out of coal use would deliver net economic benefits in the long term, and would be an affordable way for countries to…
International Oil Gas Refining & Petrochemical Exhibition
The second largest OPEC producer, Iran sits atop 11 percent of oil and 18 percent of gas reserves in the world. Every year, the country hosts an international O…
Oil Price
Calls Mount for New OPEC+ Deal as Oil Prices and Demand Slide
Oil producers need to resume cooperation in an effort to stabilize the global market, Russian and OPEC officials said, as the industry reels from a demand and p…
Energy Technology
Bill Gates Invests in Hydropower Technology
Breakthrough Energy Ventures, a company founded by Microsoft founder billionaire Bill Gates, has received an $ 11 million investment in Natel Energy. Natel Ener…
Oil Price
Saudi Arabia Says no Talks on New Oil Deal, Moscow Suggests Larger OPEC+
Saudi Arabia said on Friday that it is not in talks with Russia to balance oil markets, despite rising pressure from Washington to stop a price rout, amid the c…
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