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Wind Power Project
MIGA Backs Djibouti's First Utility-Scale Wind Project
The multilateral investment guarantee agency, a member of the world bank group, has issued guarantees to support djibouti's first utility-scale wind power proje…
Market Analysis
Renewables Market to Hit $226 Billion by 2021, Despite COVID-19
A new report exploring the impact of COVID-19 on the global market for renewable energy has been released.
Offshore Wind Power
First Jacket Foundations Arrive for Moray East Offshore Wind Farm
The first eight jacket foundations for the Moray East offshore wind project arrived in the Port of Nigg in Scotland at the weekend.
Oil & Gas Trade
Venezuela Oil Exports Climb As OPEC Agreement Kicks In
While OPEC begins to scale back oil production to offset at least partially some of the world’s excess oil supply, Venezuela was busy ramping up its oil expo…
Market Analysis
US Renewable Leader Reports Strong First Quarter Despite Covid-19
The American Wind Energy Association (AWEA) released new data today, showing the good performance of Dallas-based Tri Global Energy (TGE), a wind power compan…
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.
Local Company Seeking Permit for Geothermal Project at Noville, Lake Geneva, Switzerland
Reported locally before the weekend, company Petrosvibri wishes to develop a deep geothermal energy project under Lake Geneva in Noville (VD), Switzerland. Th…
Smart Grid
UK’s Smart DCC Installs Cellular Network to Support Smart Meter Innovation
UK smart grid management firm Smart DCC’s new Manchester office, Brabazon House, is now host to its own in-building advanced cellular network to enable testi…
CEFC to Kick-Start Australia’s Hydrogen Industry with New $300m Investment Fund
The federal government has established a new $300 million fund to invest in Australia’s emerging hydrogen industry, which it hopes will kick start jobs and exp…
Crude Oil
Russian Oil Output Jumped to 11.35 Mln Bpd in April, Ahead of cuts
Russia raised oil and gas condensate output in April to 46.45 million tonnes, or 11.35 million barrels per day (bpd), from 11.29 million bpd in March, Interfa…
Crude Oil
Oil Tanker Rates Plunge More Than 50% As OPEC+ Cuts Start
The daily rate for chartering an oil tanker from Saudi Arabia to China has plunged by over 50 percent in one week to $100,000 as OPEC+ begins on Friday the co…
Market Analysis
Siemens Gamesa Acquires Senvion’s Ria Blades Factory in Portugal
Wind turbine manufacturer Siemens Gamesa Renewable Energy (SGRE) has acquired all the shares in Senvion’s Ria Blades factory.
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 …
Energy Storage Material
China's Export of Rare Earth up 19.2 Pct in March
China's export of rare earth increased by 19.2 percent year on year to reach 5,551 tonnes in March, according to data from the General Administration of Customs…
Crude Oil
U.S. Oil Companies Begin Sending Crude To Strategic Petroleum Reserve
U.S. oil companies have started sending oil to the Strategic Petroleum Reserve, Bloomberg reports, citing a Department of Energy official.
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