Port

Thermal Coal

Storms Disrupt NSW Coal Ports

Storms along the New South Wales coast in east Australia have disrupted coal shipments from the port of Newcastle and Port Kembla at Wollongong, leading to long…

Solar Power Plant

Double Tax on Solar Imports Could Collapse ‘Large Numbers’ of Indian Projects: Fitch

The threat of a double taxation of solar in India via both safeguard and basic custom duties could squeeze developers and result in large numbers of project can…

Wind Farm

Repsol to Purchase 1.6GW of Renewable Assets in Chile

Repsol has agreed to form a joint venture (JV) with Grupo Ibereólica Renovables to manage a portfolio of renewable energy projects in Chile.

Energy Investment

Brazil’s Eneva Offers $1.4bn to Acquire Stake in AES Tiete

Brazilian power generation company Eneva has reportedly submitted an offer of a $1.44bn (BRL7.5bn) to acquire a controlling stake in AES Tiete Energia.

Oil & Gas Trade

Indonesia’s August Gasoline Imports Likely to Stay Low

Indonesia's gasoline imports are expected to remain low in August despite increasing driving activity in the southeast Asian country.

Electric Car

Volvo Chief Stresses Importance of State-Backed Charging Infrastructure for Electric Vehicles

The chief executive of Volvo Cars described plug-in hybrids as a “very popular concept” on Tuesday, but emphasized the need for government support when it com…

Aker 2Q13 Earnings Impacted by Order Delays and Cancelations

Aker Solutions reported revenues of NOK 11.9 billion in the second quarter of 2013, compared with NOK 11.9 billion in the second quarter of 2012

Solar Power Plant

Solar Investment is Paying Off with Emissions Reduction for Montego

Montego Pet Nutrition has reported a 300-tonne reduction in CO2 emissions after installing solar panels.

Electric Car

Electric Vehicle Market Likely to be Rs 50,000 Crore Opportunity in India by 2025

The electric vehicle market is likely to be a Rs 50,000-crore opportunity in India by 2025, with two- and three-wheelers expected to drive higher electrificatio…

Italy

INNOSEA Receives Grant for Floating Solar R&D Project

Engineering firm INNOSEA has been awarded a European H2020 grant to undertake a research and development project to support more efficient.

Coal Trade

Ukraine's Coal Imports in the First Half of 2020 Fall 18.4% Year-on-Year

Ukraine's coal imports were 8.6 million tons, down 18.5% year-on-year. Among them, coal imports from Russia and the United States accounted for 60% and 30% resp…

Coal Trade

South Korean 2H Coal Demand Faces Headwinds

Power sector coal demand in South Korea faces the dual headwind of rising nuclear availability and increasingly competitive gas prices.

Oil & Gas Trade

US Crude Floating Storage Shifts Toward Asia

Adds US crude export pricing context.

Gas power plant

European Investment Bank Supports Gas-fired Power Plant in Greece

The European Investment Bank has agreed to provide a loan to Mytilineos for the construction of an 826MW combined-cycle gas turbine power plant in Greece.

LNG

Chan May LNG to Build Power Project in Vietnam with $6bn Investment

US-Vietnamese joint venture Chan May LNG has reportedly planned to invest nearly $6bn in a power project in Vietnam.