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Crude Oil
US to Top Up Strategic Oil Reserve With 77 Mln Barrels
The Trump administration cancelled plans to sell off a portion of the country's emergency oil reserves earlier this month as OPEC+'s failure to reach an agreeme…
Hydropower Plant
MIGA Announces First Ever Guarantee in the Solomon Islands for a Hydro Plant
The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, has issued guarantees that will support the development, financing, const…
Offshore Wind Power
Offshore Wind Poised for Exponential Growth in U.S.
A new report released by the American Wind Energy Association (AWEA) today stated that the U.S.
Solar Company
Canadian Solar inks €55m Italian Solar Deal
Canadian Solar has secured a €55m financing deal with Intesa Sanpaolo to fund the construction of a 151MW portfolio of solar projects in Italy.
Global Wave and Tidal Stream Energy Production Surges Tenfold
Global wave and tidal stream energy production have risen tenfold over the last decade, according to a report issued by Ocean Energy Systems (OES).
Australia is Providing $40 Million for Future Energy Research
The Federal Government will provide $40 million in funding to establish the Future Energy Exports Cooperative Research Centre (FRnEx CRC).
Construction of US $388m Koru-Soin Dam in Kenya to Commence
Construction of the US $388m Koru-Soin dam in Kenya is set to commence soon. National Water Harvesting and Storage Authority acting CEO Geoffrey Sang confirmed …
Coal-Fired Power Plants
From U.S. to Europe to China to Russia, Renewables are Now Cheaper than Coal
It’s now cheaper to invest in renewable energy than coal in all major markets around the world—and more than half of existing coal plants are also more expens…
Clean Energy Transition
Coronavirus Crisis an 'Excellent Opportunity' to Speed Global Energy Transition: Birol
The Coronavirus economic stimulus packages being drawn up by governments around the world should build-in “large scale” spending on clean energy technologies …
Market Analysis
World Fritters Away Half Trillion Dollars on Coal Support
Nations around the world risk wasting $640 billion by continuing to prop up the coal industry rather than investing in less expensive and environmentally friend…
Oil & Gas Trade
Worldwide Oil Price Drop to Curb Turkey's Gas Import Costs by 30%
The drop in oil prices could lead to a 30% decrease in Turkey's long-term natural gas contracts with Russia, Iran and Azerbaijan, experts predict.
Oil & Gas Trade
The World’s Biggest Oil Trader Negotiates Venezuela Oil Purchase
The largest independent oil trader in the world, Vitol Group, is discussing the purchase of Venezuelan crude oil from a Mexican firm that had received the crude…
IAEA Announces Support for COVID-19 Effort
The International Atomic Energy Agency (IAEA) will provide diagnostic kits, equipment and training in nuclear-derived detection techniques to countries asking f…
Coal Power Developers 'Risk Wasting Billions'
Coal power developers risk wasting hundreds of billions of pounds as new renewable sources are now cheaper than new coal plants, a report has said.
Oil & Gas Trade
COVID-19 Impact on Chinese LNG Imports Dwindles
China's liquefied natural gas (LNG) imports during March have reached the same levels as last year's figures. Recent data has revealed the coronavirus impact is…
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