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Oil & Gas Trade
IMF Sees Oil Prices Averaging $50 In 2021
Oil prices are set to average $50 per barrel for 2021, rising by 20 percent from the average last year, but still well below the average for 2019
Hydrogen Project
Imported Blue Hydrogen ‘Cheaper than Green’ in EU
Imported hydrogen will be cheaper than green hydrogen made in the EU in 2030, according to a new study by Aurora Energy Research.
Wave Energy
CorPower Ocean and OPS Composite Solutions Collaborate on Wave Energy Project
CorPower Ocean and OPS Composite Solutions are primed to deliver an ‘industry advancing’ wave energy project after securing close to €500 000 from EEA Grants…
Coal Trade
German Coal Imports Fell for 6 Consecutive Years
The demand for coal in the German steel industry has fallen sharply, coupled with the continuous development of renewable energy, it is expected that in 2021.…
Hydrogen Project
Yara, Engie Secure $2m Funding for Major Pilbara Green Hydrogen Project
Fertiliser manufacturer Yara and global energy company Engie have been boosted by $2m of Western Australia government funding to support their major green hydro…
Solar Power Plant
JinkoSolar Supplied 2.3GW Modules to Vietnam in 2020
According to the export data, JinkoSolar, one of the world’s largest and most innovative solar module manufacturers, supplied more than 2.3GW high-efficiency m…
Energy Storage Project
Eelpower JV to Boost UK Battery Storage
Eelpower has signed a JV with SUSI Partners to accelerate the rollout of the UK energy portfolio.
Energy Technology
Boosting the Efficiency of Carbon Capture and Conversion Systems
Systems for capturing and converting carbon dioxide from power plant emissions could be important tools for curbing climate change, but most are relatively inef…
Coal Trade
Morocco Relying more Heavily on Russian Coal
Morocco's reliance on Russian coal imports increased in the first 11 months of 2020, as receipts from other sources fell sharply.
Israel
Masdar And EDF Renewables Enter Strategic Alliance To Explore Renewable Energy Opportunities In Israel
Under the agreement, Masdar and EDF Renewables Israel, a wholly owned subsidiary established in 2010, will look to collaborate on existing renewable energy proj…
Solar Power Plant
Lightsource BP and RIC Energy Partner up on Spanish Solar Projects
Through the partnership, Lightsource bp, a company specialising in the development and management of solar energy projects, has acquired a 1.06 GW project portf…
Oil&Gas Drilling
Egypt Awards Red Sea Oil and Gas Exploration Concession to Mubadala Petroleum
New agreement adds to Mubadala Petroleum's Egypt portfolio that includes Shorouk and Noor exploration concessions
Oil Price
Price Dispute Shrinks Russia Oil Pipeline Exports
Exports of Russian Urals oil via the Druzhba pipeline have dropped this month as sellers opt for the sea route instead, following disagreements over pricing wit…
Energy Storage Battery
Top 3 Countries to Dominate Asia Pacific’s Front-of-the-Meter Battery Storage Sector
A new report released by research firm Wood Mackenzie states that the cost of front-of-the-meter battery energy storage systems in the Asia Pacific is likely to…
Nuclear Power Plant
New Nuclear Needed for UK Energy Security, Study Says
The UK government must continue to support nuclear power generation if the country is to meet an expected doubling of electricity demand by 2050 while meeting i…
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