Port

Nuclear Power Plant

Framatome Wins Reactor Protection System Contract for Russian NPP

French designer and supplier of nuclear steam supply systems and equipment Framatome has secured a contract to support Kursk Nuclear Power Plant II in Russia.

Solar Company

Global Corporate PV Funding Down 31% Amid Covid-19 Crisis

Mercom Capital Group has issued a report tallying up financial activity in the solar sector between January and March 2020. The sobering result is that cash flo…

Crude Oil

Russia: U.S. Shale Decline Can’t Count As ‘Output Cut’

Production declines across the U.S. shale patch as companies reduce drilling and spending cannot be viewed as a voluntary U.S. cut aimed at supporting oil price…

Market Analysis

Hydrogen Fuel Could Help Decarbonize the Dirtiest Industries in the World

This renewable energy could provide opportunities to power the biggest fossil fuel users.

Crude Oil

Trump: Free Markets Will Determine U.S. Oil Production

U.S. President Trump believes local oil production output cuts will happen automatically thanks to the nature of the free market, he told reporters this week.

Wind Turbine

$600bn to be Spent on Wind Turbines Globally by 2028

Despite demand fluctuations, the global wind turbine supply chain is racing towards a $600 billion cumulative opportunity by the end of 2028.

Bellingham international airport new portable generator purchase

Tenders are invited for Bellingham international airport new portable generator purchase

Woodside Joins Japanese Consortium to Study Exporting Hydrogen

Australian LNG producer Woodside Energy has joined a consortium of Japanese companies to explore exporting carbon-neutral hydrogen.

Thermal Coal

South Korea's Thermal Coal Imports to Sink 19.2% to Decade-Low

The country imposed tougher restrictions on coal power from December 2019 to March.

Oil Price

Oil Could Dive Below $10 if OPEC & Allies Fail to Agree Production Cut Deal

According to the agency's report, a fall in demand and an increase in supply could result in more than 20 million barrels per day of excess oil.

Oil & Gas Trade

Gas Prices Drop in West Virginia as Demand Hits Nearly 30-Year Low

AAA reports that the average price of gasoline across northern West Virginia is 5 cents cheaper this week at $1.851 per gallon.

Electricity Transmission

EIB Offers €100m Loan to Support Finland’s Elenia Electricity Network

The European Investment Bank (EIB) has agreed to provide a loan of €100m to Finnish electricity distribution system operator (DSO) Elenia.

Nuclear Power Plant

IAEA Supports Discharge of Fukushima Daiichi Water

A review of the management of treated water stored at the damaged Fukushima Daiichi nuclear power plant in Japan has been carried out by the International Atomi…

Market Analysis

Exploration Drilling for Geothermal Energy Started in Uganda

​In December 2019, we reported on the planned start of exploration drilling for geothermal in Uganda. As has now been reported from Ugada, Royal Techno Industr…

Nuclear Policy

Hungarian Minister Highlights Importance of Nuclear Energy

Speaking to the TEOL news service, Süli noted that the Paks plant is Hungary's largest power generator.