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Orient Electric Q2 Net up Six-Fold to Rs 32.42 cr
Orient Electric has reported an over six-fold jump in its net profit to Rs 32.42 crore in the second quarter ended September 30, helped by lower expenses.
Oil & Gas Trade
Turkey's Gas Imports up 6.5% in August 2020
Total natural gas consumption in August grows 19.5% year-over-year.
Coal Trade
Indian Coal Imports Recover in September 2020
Mjunction’s latest data showed that India's coal import rose 11.6 per cent to 19.04 million tonnes in September 2020 as compared to 17.06 million tonnes in Sep…
Crude Oil
OPEC Members Rebel Over Production Cut Extension
Iraq, the United Arab Emirates, and Kuwait - the biggest OPEC producers behind Saudi Arabia – are reportedly not particularly inclined to support a rollover of…
Energy Transition
Wärtsilä Report Says G20 Net-Zero is Possible with Current Stimulus
Global technology company Wärtsilä has released a report that shows potential for G20 stimulus packages to accelerate energy transition towards renewable ener…
Market Analysis
Global Solar PV Installations Predicted To Rise By 5%, Desiped Covid-19 Effects
Year-on-year growth in installations will continue every year to 2025, topping out at 145GW direct current, according to a new report by Wood Mackenzie.
Nuclear Power Plant
Decommissioning Deal for Six UK Nuclear Power Plants
Nuclear clean up company Magnox has awarded a contract to industrial services group Altrad for support services across six nuclear decommissioning sites in the …
Wind Farm
Scout Clean Energy Constructs Bitter Ridge Wind Farm in US
US-based renewable energy company Scout Clean Energy has enhanced its operational wind portfolio with the completion of 130MW Bitter Ridge Wind Farm in Jay Coun…
Oil & Gas Trade
Russia’s Crude Oil Exports Drop 8% In January-August
Russia’s crude oil exports dropped by 7.9 percent year over year in the period January to August.
Electricity Trade
Pakistan is China's Largest Transformer Export Market in the First Half of the Year
According to China Customs statistics, from January to June 2020, China’s exports of major transformers and parts and accessories were US$910 million, an incre…
Coal Trade
China Export 340,000 Tons of Coal in September
The country exported 340,000 tons of coal in September 2020, a year-on-year increase of 40.7% and a month-on-month increase of 100%.
Nuclear Policy
IAEA Sees Germany As Key Member, Despite Nuclear Phaseout
Decommissioning and waste management will be important areas for future cooperation between Germany and the IAEA, he said.
Market Analysis
Global Power Systems ‘Need More Flexibility’
An increase in investments should be facilitated by ‘better-designed markets’, says new IEA report.
Oil & Gas Trade
American Energy: Issues First Extensions of Natural Gas Export Authorizations Through 2050
The Trump Administration extended the terms of seven long-term liquefied natural gas (LNG) export authorizations through 2050.
Coal Production
China’s Ordos County Curbs Coal Output Capacity
Coal production in Ordos county in Inner Mongolia, one of China's most important mining districts, will not be allowed to exceed permitted levels, local authori…
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